labor market matching function. In theory, higher mismatch lowers matching efficiency which increases the risk that the … findings can be improved by a mismatch-enhanced labor market matching function. For this purpose, we construct so … der Prognosegüte der Matching-Funktion. Theoretisch sinkt die Matchingeffizienz mit höherem Mismatch, wodurch das Risiko …

's information set for the myopic stock-bond portfolio. In-sample I find that the best forecast of the volatility and correlation is … simply the previous realised estimate. However, out-of-sample, analyst forecasts provide information not contained in …

This study investigates whether information about Chief Executive Officer (CEO) incentives is useful for predicting … information about future earnings that is incremental to current earnings or earnings components. The predictive power of CEO … not predictive of future discretionary accruals. Finally, we find that financial analysts do not incorporate information …

The purpose of this study is to explore a model in which asset prices are endogenously determined by information … for information are affected by investors' risk attitudes and prediction abilities. The results demonstrate the influence … of information cost, the volatility of risky asset value, investors' risk aversion, and prediction abilities on the Nash …

countries, a higher precision of public information regarding interest rates increases welfare. During forward guidance, public … information is less precise than private information. …