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Why The House Sector Leads The Whole Economy: the Importance of Collateral Constraints and News Shocks
news shocks heterogeneous agents house sector collateral constraints aggregate uncertainty
2011/4/2
This paper establishes a dynamic stochastic partial equilibrium model for explaining residential investment dynamics in the United States, focusing on the distinctive cyclical features of residential ...
Stock price jumps: news and volume play a minor role
Stock price jumps news volume play minor role
2010/12/17
In order to understand the origin of stock price jumps, we cross-correlate high-frequency time series of stock returns with different news feeds. We find that neither idiosyncratic news nor market wid...
Bloomberg Terminals Offer Top Level News and Financial Information(图)
financial market Financial Information
2007/5/15