Googling Investor Sentiment Around the World

We study how investor sentiment affects stock prices around the world. Relying on households' Google search behavior, we construct a weekly measure of sentiment for 38 countries during the 2004–2014 period. We validate the sentiment index in tests using sports outcomes and show that the sentiment measure is a contrarian predictor of country-level market returns. Furthermore, we document an important role of global sentiment in stock markets

MoreLess

Year of publication:	2018
Authors:	Gao, Zhenyu
Other Persons:	Ren, Haohan (contributor) ; Zhang, Bohui (contributor)
Publisher:	[2018]: [S.l.] : SSRN
Subject:	Welt \| World \| Börsenkurs \| Share price \| Finanzanalyse \| Financial analysis \| Informationsverhalten \| Information behaviour \| Digitale Plattform \| Digital platform \| Verhaltensökonomik \| Behavioral economics \| Anlageverhalten \| Behavioural finance

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

Extent:	1 Online-Ressource (99 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Journal of Financial and Quantitative Analysis (JFQA), Forthcoming Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments November 10, 2018 erstellt
Classification:	G12 - Asset Pricing ; G14 - Information and Market Efficiency; Event Studies ; G15 - International Financial Markets
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012936540