Turkmen Muldur, Gozde; Kandir, Serkan Yılmaz; Onal, … - In: Foundations of Management : the journal of Warsaw … 11 (2019) 1, pp. 177-186
article aims to investigate the effect of investor sentiment as a systematic risk factor on speculative bond yield spreads … period extends from January 1997 to August 2014. In the VAR models, speculative bond spreads and consumer confidence index … period sentiment. Empirical findings imply that investor sentiment is a systematic risk factor in risky bond markets. …
