Yu, Jean; Huang, Hung-Hsi; Hsu, Shu-Wei - In: Emerging Markets Finance and Trade 50 (2014) 2S, pp. 174-188
We examine the influence of investor sentiment on the risk-reward relationship in the Taiwan stock market. Regression results show that the risk-reward relationship is weakly positive (significantly negative) under low (high) levels of investor sentiment. Granger causality tests indicate...