1. How is Earnings News Transmitted to Stock Prices?
2. The Evolution of Market Price Efficiency Around Earnings News (New update: Nov. 2018)
3. Media Attention and the Stock Market
4. The CAPM Holds
1. Shaping Expectations and Coordinating Attention: The Unintended Consequences of FOMC Press Conferences, Journal of Financial and Quantitative Analysis, Forthcoming
Note: From January 2019, the Chairman of the Federal Reserve will now hold a press conference after each meeting. A postscript at the end of the paper addresses this point.