Plausibly Exogenous

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Plausibly Exogenous [1219] - Information Acquisition (06/04/2023)

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Plausibly Exogenous [1219] - Information Acquisition (06/04/2023)

Sangmin S. Oh
Jun 4, 2023
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Plausibly Exogenous [1219] - Information Acquisition (06/04/2023)

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LHS Variable
Private information choices of investors

RHS Variable

Information costs

Source of Exogenous Variation
Introduction of high-speed railway as a shock to information acquisition cost

- Xu (2020), “Costly Information Acquisition and Investment Decisions: Quasi-Experimental Evidence”

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Plausibly Exogenous [1219] - Information Acquisition (06/04/2023)

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