Back to matchesWe found a matchYour institution may have access to this item. Find your institution then sign in to continue.TitleAsymmetric information and the excess volatility of stock prices.AuthorsEden, Benjamin; Jovanovic, BoyanAbstractProposes an explanation of fluctuations in stock prices that does not require fluctuations in aggregate dividends or aggregate consumption. Explanation of the excess volatility of stock prices; Fluctuations in information.SubjectsSTOCK pricesPublicationEconomic Inquiry, 1994, Vol 32, Issue 2, p228ISSN0095-2583Publication typeArticleDOI10.1111/j.1465-7295.1994.tb01326.x