메뉴 건너뛰기




Volumn 1, Issue 1, 1996, Pages 35-50

Information, noise, and asset prices: An experimental study

Author keywords

[No Author keywords available]

Indexed keywords


EID: 0002668093     PISSN: 13806653     EISSN: None     Source Type: Journal    
DOI: 10.1007/BF00565411     Document Type: Article
Times cited : (10)

References (27)
  • 2
    • 0002286246 scopus 로고
    • Predisclosure Information, Firm Capitalization, and Security Price Behavior Around Earnings Announcements
    • Atiase, R. K. (1985). "Predisclosure Information, Firm Capitalization, and Security Price Behavior Around Earnings Announcements," Journal of Accounting Research 23, 21-36.
    • (1985) Journal of Accounting Research , vol.23 , pp. 21-36
    • Atiase, R.K.1
  • 3
    • 0002742759 scopus 로고
    • An Empirical Evaluation of Accounting Income Numbers
    • Ball, R., and P. Brown. (1968). "An Empirical Evaluation of Accounting Income Numbers," Journal of Accounting Research, 159-178.
    • (1968) Journal of Accounting Research , pp. 159-178
    • Ball, R.1    Brown, P.2
  • 4
    • 0010690266 scopus 로고
    • An Analysis of Intertemporal and Cross-Sectional Determinants of Earnings Response Coefficients
    • Collins, D. W., and S. P. Kothari. (1989). "An Analysis of Intertemporal and Cross-Sectional Determinants of Earnings Response Coefficients" Journal of Accounting and Economics 11, 143-181.
    • (1989) Journal of Accounting and Economics , vol.11 , pp. 143-181
    • Collins, D.W.1    Kothari, S.P.2
  • 5
    • 84984213305 scopus 로고
    • Noisy Accounting Earnings Signals and Earnings Response Coefficients: The Case of Foreign Currency Accounting
    • Collins, D. W., and W. K. Salatka. (1993) "Noisy Accounting Earnings Signals and Earnings Response Coefficients: The Case of Foreign Currency Accounting," Contemporary Accounting Research, 119-160.
    • (1993) Contemporary Accounting Research , pp. 119-160
    • Collins, D.W.1    Salatka, W.K.2
  • 6
    • 84977729460 scopus 로고
    • The Effect of Sequential Information Arrival on Asset Prices: An Experimental Study
    • Copeland, T., and D. Friedman. (1987). "The Effect of Sequential Information Arrival on Asset Prices: An Experimental Study," The Journal of Finance, 763-797.
    • (1987) The Journal of Finance , pp. 763-797
    • Copeland, T.1    Friedman, D.2
  • 7
    • 84944836521 scopus 로고
    • Information Effects on the Bid-Ask Spread
    • Copeland, T., and D. Galai. (1983). "Information Effects on the Bid-Ask Spread," The Journal of Finance, 1457-1469.
    • (1983) The Journal of Finance , pp. 1457-1469
    • Copeland, T.1    Galai, D.2
  • 9
    • 45149145986 scopus 로고
    • Cross-Sectional Variation in the Stock Market Response to Accounting Earnings Announcements
    • Easton, P. D., and M. E. Zmijewski. (1989). "Cross-Sectional Variation in the Stock Market Response to Accounting Earnings Announcements," Journal of Accounting and Economics 11, 117-141.
    • (1989) Journal of Accounting and Economics , vol.11 , pp. 117-141
    • Easton, P.D.1    Zmijewski, M.E.2
  • 10
    • 84977400236 scopus 로고
    • How Trading Institutions Affect Financial Market Performance: Some Laboratory Evidence
    • Friedman, D. (1993). "How Trading Institutions Affect Financial Market Performance: Some Laboratory Evidence," Economic Inquiry 31, 410-435.
    • (1993) Economic Inquiry , vol.31 , pp. 410-435
    • Friedman, D.1
  • 11
    • 0002336255 scopus 로고
    • Estimation of Linear Models with Crossed-Error Structure
    • Fuller, W., and G. Battese. (1974). "Estimation of Linear Models with Crossed-Error Structure," Journal of Econometrics 2, 67-78.
    • (1974) Journal of Econometrics , vol.2 , pp. 67-78
    • Fuller, W.1    Battese, G.2
  • 12
    • 0345401653 scopus 로고
    • Bid, Ask and Transaction Prices in a Specialist Market with Heterogeneously Informed Traders
    • Glosten, L., and P. Milgrom. (1985). "Bid, Ask and Transaction Prices in a Specialist Market with Heterogeneously Informed Traders," Journal of Financial Economics, 71-100.
    • (1985) Journal of Financial Economics , pp. 71-100
    • Glosten, L.1    Milgrom, P.2
  • 13
    • 0001063692 scopus 로고
    • Market Implications of Differential Amounts of Interim Information
    • Grant, E. B. (1980). "Market Implications of Differential Amounts of Interim Information," Journal of Accounting Research 18, 255-268.
    • (1980) Journal of Accounting Research , vol.18 , pp. 255-268
    • Grant, E.B.1
  • 15
    • 0002623640 scopus 로고
    • The Effect of Sequential Information Releases on the Variance of Price Changes in an Intertemporal Multi-Asset Market
    • Holthausen, R. W., and R. E. Verrecchia. (1988). "The Effect of Sequential Information Releases on the Variance of Price Changes in an Intertemporal Multi-Asset Market," Journal of Accounting Research 26, 82-106.
    • (1988) Journal of Accounting Research , vol.26 , pp. 82-106
    • Holthausen, R.W.1    Verrecchia, R.E.2
  • 16
    • 0001890588 scopus 로고
    • Market Liquidity and Volume Around Earnings Announcements
    • Kim, O., and R. Verrecchia. (1994). "Market Liquidity and Volume Around Earnings Announcements," Journal of Accounting and Economics 17, 41-67.
    • (1994) Journal of Accounting and Economics , vol.17 , pp. 41-67
    • Kim, O.1    Verrecchia, R.2
  • 17
    • 0000055398 scopus 로고
    • Earnings Innovations, Earning Persistence, and Stock Returns
    • Kormendi, R., and R. Lipe. (1987). "Earnings Innovations, Earning Persistence, and Stock Returns," Journal of Business 60, 323-345.
    • (1987) Journal of Business , vol.60 , pp. 323-345
    • Kormendi, R.1    Lipe, R.2
  • 18
    • 3843112765 scopus 로고
    • Spreads Depths and the Impact of Earnings Information: An Intraday Analysis
    • Lee, C., B. Mucklow, and M. Ready. (1993). "Spreads Depths and the Impact of Earnings Information: An Intraday Analysis," The Review of Financial Studies 6, 345-374.
    • (1993) The Review of Financial Studies , vol.6 , pp. 345-374
    • Lee, C.1    Mucklow, B.2    Ready, M.3
  • 19
    • 0000023612 scopus 로고
    • On the Usefulness of Earnings and Earnings Research: Lessons and Directions from Two Decades of Empirical Research
    • Lev, B. (1989). "On the Usefulness of Earnings and Earnings Research: Lessons and Directions from Two Decades of Empirical Research," Journal of Accounting Research 27, 153-192.
    • (1989) Journal of Accounting Research , vol.27 , pp. 153-192
    • Lev, B.1
  • 20
    • 0003320465 scopus 로고
    • Adaptive Behavior and Economic Theory
    • R. Hogarth and M. Reder (eds.), Chicago: The University of Chicago Press
    • Lucas, R. E., Jr. (1986). "Adaptive Behavior and Economic Theory," In R. Hogarth and M. Reder (eds.), Rational Choice: The Contrast Between Economics and Psychology. Chicago: The University of Chicago Press.
    • (1986) Rational Choice: The Contrast between Economics and Psychology
    • Lucas Jr., R.E.1
  • 21
  • 22
    • 0000591332 scopus 로고
    • The Effect of Information Announcements on the Market Microstructure
    • Morse, D., and N. Ushman. (1983). "The Effect of Information Announcements on the Market Microstructure," The Accounting Review, 247-258.
    • (1983) The Accounting Review , pp. 247-258
    • Morse, D.1    Ushman, N.2
  • 23
    • 0000017451 scopus 로고
    • Information Characteristics of Earnings Announcements and Stock Market Behavior
    • Pincus, M. (1983). "Information Characteristics of Earnings Announcements and Stock Market Behavior," Journal of Accounting Reserach 21, 155-183.
    • (1983) Journal of Accounting Reserach , vol.21 , pp. 155-183
    • Pincus, M.1
  • 24
    • 0001547941 scopus 로고
    • Bubbles, Crashes, and Endogenous Expectations in Experimental Spot Asset Markets
    • Smith, V. L., G. L. Suchanek, and A. W. Williams. (1988). "Bubbles, Crashes, and Endogenous Expectations in Experimental Spot Asset Markets," Econometrica 56, 1119-1151.
    • (1988) Econometrica , vol.56 , pp. 1119-1151
    • Smith, V.L.1    Suchanek, G.L.2    Williams, A.W.3
  • 25
    • 0001764055 scopus 로고
    • An Experimental Comparison of Alternative Rules for Competitive Market Exchange
    • R. Englebrecht-Wiggans, M. Shubik, and R. Stark, New York: New York University Press
    • Smith, V. L., and A. W. Williams. (1983). "An Experimental Comparison of Alternative Rules for Competitive Market Exchange." In R. Englebrecht-Wiggans, M. Shubik, and R. Stark, Auctions, Bidding and Contracting: Uses and Theory. New York: New York University Press.
    • (1983) Auctions, Bidding and Contracting: Uses and Theory
    • Smith, V.L.1    Williams, A.W.2
  • 26
    • 0039414998 scopus 로고
    • Information Asymmetry and the Dealer's Bid-Ask Spreads: A Case Study of Dividend and Earnings Announcements
    • Venkatesh, P., and R. Chiang. (1986). "Information Asymmetry and the Dealer's Bid-Ask Spreads: A Case Study of Dividend and Earnings Announcements," Journal of Finance, 1089-1102.
    • (1986) Journal of Finance , pp. 1089-1102
    • Venkatesh, P.1    Chiang, R.2
  • 27
    • 0001294238 scopus 로고
    • Computerized Double-Auction Markets: Some Initial Experimental Results
    • Williams, A. W. (1980). "Computerized Double-Auction Markets: Some Initial Experimental Results," Journal of Business 53, 235-258.
    • (1980) Journal of Business , vol.53 , pp. 235-258
    • Williams, A.W.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.