Plausibly Exogenous [1158] - Information Costs (04/04/2023)
LHS Variable
Stock anomalies
RHS Variable
Information costs
Source of Exogenous Variation
Staggered introduction of SEC’s EDGAR, which slashed the costs of acquiring and trading on accounting information
- Kim, Ivkovich, and Muravyev (2021), “Causal Effect of Information Costs on Asset Pricing Anomalies”