We propose a simple approach to combining first-order logic and probabilistic graphical models
in a single representation. A Markov logic network (MLN) is a first-order knowledge base …

A basic tenet of financial economics is that asset prices change in response to unexpected
fundamental information. Since Roll’s (1988) provocative presidential address that showed …

Two main empirical facts regarding the statistical relation between stock returns and inflation
emerge from the current literature in finance. The first is that ex post nominal stock returns …

This article reexamines the autocorrelation patterns of short-horizon stock returns. We
document empirical results which imply that these autocorrelations have been overstated in the …

The prevailing view in finance is that the evidence for long-horizon stock return predictability
is significantly stronger than that for short horizons. We show that for persistent regressors, a …

We present an economic model of systemic risk in which undercapitalization of the financial
sector as a whole is assumed to harm the real economy, leading to a systemic risk externality…

Background The impact of COVID-19 on physical and mental health and employment after
hospitalisation with acute disease is not well understood. The aim of this study was to …

Viral marketing takes advantage of networks of influence among customers to inexpensively
achieve large changes in behavior. Our research seeks to put it on a firmer footing by …

This paper explores a model based on agents with heterogenous beliefs facing short sales
restrictions, and its explanation for the rise, persistence, and eventual fall of Internet stock …

Search engine advertising has become a significant element of the Web browsing experience.
Choosing the right ads for the query and the order in which they are displayed greatly …