We carry out a large-scale investigation of technical trading rules in the foreign exchange market, using daily data over a maximum of forty years for thirty developed and emerging market currencies. Employing a stepwise test to safeguard against data-snooping bias and examining over 21,000...

In this paper, we examine the economic value of a text-based measure of financial integration. Our attention measure of financial integration is a strong positive predictor of currency excess returns. Specifically, the financial integration measure is positively priced in the cross-section of...

I analyze a data set on the characteristics of 399 US presidential TV ads for seventeen election campaigns, 1952-2016, by modelling their impact on the probability of the candidate favored in each ad winning the presidential election to which the ad relates. Certain emotional variables are found...