We investigate the differential effects of a new index of Twitter-based market uncertainty (TMU) and variables for the US equity market before and during the COVID-19 pandemic. We find that markets are significantly more sensitive to the uncertainty contained in tweets during the pandemic, the...

We provide the first large sample comparison of investment by Japanese listed and unlisted public firms. We show that listed firms invest more and have greater sensitivity to investment opportunities than comparable unlisted companies. Our findings suggest that the role of listing in alleviating...

This paper dissects the relationship between human capital stock and real GDP per capita in Bangladesh using VEC and VAR techniques. Results show that GDP granger causes aggregate human capital stock. This paper constructs a measure of Bangladesh's human capital stock for the period of 1973-2004...