Sectoral Effects of News Shocks

Vukotic, M

Vukotic, M (reprint author), Univ Warwick, Dept Econ, Gibbet Hill Rd, Coventry CV4 7AL, W Midlands, England.

OXFORD BULLETIN OF ECONOMICS AND STATISTICS, 2019; 81 (2): 215

Abstract

This paper argues that an aggregate news shock reveals news about technological improvements in the durable goods sector. Better technological prospec......

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