Chau, Frankie; Kuo, Jing-Ming; Shi, Yukun - In: Journal of International Financial Markets, … 36 (2015) C, pp. 130-147
This paper extends Sentana and Wadhwani (SW 1992) model to study the presence of feedback trading in emissions and … augmented models to the carbon emission and major energy markets in Europe, we find evidence of feedback trading in coal and … notion that institutional investors are less susceptible to pursuing feedback-style investment strategies. In further …