Issue

Preci

Accuracy

Bigbias

Inf

−0.157

−0.119

0.010**

3.559**

(−0.16)

(−0.03)

(2.06)

(2.34)

Ldependent

2.415***

4.271***

0.217***

0.736***

(58.83)

(45.73)

(7.86)

(20.97)

_Cons

5.906***

4.709***

−0.013***

−3.450***

(11.34)

(3.66)

(−4.96)

(−4.94)

Control Variables

Yes

Yes

Yes

Yes

Year Quarter Industry Effect

Yes

Yes

Yes

Yes

N

67,654

29,301

20,939

25,318

pse. R-sq/adj. R-sq

0.382

0.434

0.147

0.062