Final thesis submission - Xu Hong.pdf (2.43 MB)
Download fileEssays on Correlated Information Flows and Asset Pricing
thesis
posted on 17.03.2020, 05:10 by XU HONGMotivated by the literature that investors have limited attention and are subject to constraints in processing information, this thesis studies investor attention and information processing, and their asset-pricing implications in different contexts. The findings have important implications in addressing return patterns that seem anomalous to traditional finance theories on comovement in asset prices.