Guzman, Giselle C. - Volkswirtschaftliche Fakultät, … - 2008
This study sheds new light on the question of whether or not sentiment surveys, and the expectations derived from them … macroeconomic and financial data. I examine 16 sentiment surveys of distinct respondent universes and employ the technique of … groups to anticipate correctly economic growth and excess stock returns is not identical, implying that not all sentiment is …
