Matches in SemOpenAlex for { <https://semopenalex.org/work/W3032322503> ?p ?o ?g. }
- W3032322503 endingPage "101240" @default.
- W3032322503 startingPage "101240" @default.
- W3032322503 abstract "This study sets out to explore the effects of business and consumer sentiment on stock market performance, within the separate contexts of advanced and emerging markets. The empirical analysis is carried out using the cross-sectionally augmented autoregressive distributed lag (CS-ARDL) modeling approach, which considers time dynamics, cross-sectional heterogeneity, and cross-sectional dependence. The findings for developed markets suggest that business sentiment has positive leading effects on stock returns, across short- and long-term time horizons, while for emerging markets, the price impact of business sentiment turns out to be short-lived. On the other hand, consumer sentiment tends to affect positively both market types, albeit only in the short run. Furthermore, the influence of sentiment indicators seems to be stronger in emerging- than in developed-market countries. The results remain robust, even after controlling for a rich range of potential predictors of stock returns. Generally, such evidence highlights the relevance of psychological factors, such as business and consumer sentiment, in determining the future trajectory of asset prices." @default.
- W3032322503 created "2020-06-05" @default.
- W3032322503 creator A5037451311 @default.
- W3032322503 date "2020-12-01" @default.
- W3032322503 modified "2023-10-15" @default.
- W3032322503 title "Stock market reactions to domestic sentiment: Panel CS-ARDL evidence" @default.
- W3032322503 cites W1043015217 @default.
- W3032322503 cites W1112862349 @default.
- W3032322503 cites W1122187857 @default.
- W3032322503 cites W1506433682 @default.
- W3032322503 cites W1621619283 @default.
- W3032322503 cites W1764099945 @default.
- W3032322503 cites W1966119267 @default.
- W3032322503 cites W1967512133 @default.
- W3032322503 cites W1969230115 @default.
- W3032322503 cites W1969886729 @default.
- W3032322503 cites W1970242258 @default.
- W3032322503 cites W1978775682 @default.
- W3032322503 cites W1983307331 @default.
- W3032322503 cites W1984520709 @default.
- W3032322503 cites W1989942564 @default.
- W3032322503 cites W1990892678 @default.
- W3032322503 cites W1990929956 @default.
- W3032322503 cites W2001430249 @default.
- W3032322503 cites W2006808353 @default.
- W3032322503 cites W2008398575 @default.
- W3032322503 cites W2013257610 @default.
- W3032322503 cites W2014974592 @default.
- W3032322503 cites W2015800048 @default.
- W3032322503 cites W2018932697 @default.
- W3032322503 cites W2023837515 @default.
- W3032322503 cites W2024886452 @default.
- W3032322503 cites W2026416443 @default.
- W3032322503 cites W2027734800 @default.
- W3032322503 cites W2033391537 @default.
- W3032322503 cites W2044608877 @default.
- W3032322503 cites W2048910076 @default.
- W3032322503 cites W2056135998 @default.
- W3032322503 cites W2057492219 @default.
- W3032322503 cites W2057989832 @default.
- W3032322503 cites W2058308385 @default.
- W3032322503 cites W2066724629 @default.
- W3032322503 cites W2070784918 @default.
- W3032322503 cites W2071434239 @default.
- W3032322503 cites W2080649651 @default.
- W3032322503 cites W2084689273 @default.
- W3032322503 cites W2085477082 @default.
- W3032322503 cites W2089780443 @default.
- W3032322503 cites W2095240115 @default.
- W3032322503 cites W2098192078 @default.
- W3032322503 cites W2099520003 @default.
- W3032322503 cites W2100163895 @default.
- W3032322503 cites W2103038078 @default.
- W3032322503 cites W2112352537 @default.
- W3032322503 cites W2113208252 @default.
- W3032322503 cites W2115865906 @default.
- W3032322503 cites W2123843832 @default.
- W3032322503 cites W2124884000 @default.
- W3032322503 cites W2141185104 @default.
- W3032322503 cites W2147422150 @default.
- W3032322503 cites W2151036863 @default.
- W3032322503 cites W2151076510 @default.
- W3032322503 cites W2152721834 @default.
- W3032322503 cites W2154860111 @default.
- W3032322503 cites W2164332258 @default.
- W3032322503 cites W2165969148 @default.
- W3032322503 cites W2175187646 @default.
- W3032322503 cites W2198512200 @default.
- W3032322503 cites W2256370000 @default.
- W3032322503 cites W2272300724 @default.
- W3032322503 cites W2339468441 @default.
- W3032322503 cites W2468468780 @default.
- W3032322503 cites W2500548007 @default.
- W3032322503 cites W2514515911 @default.
- W3032322503 cites W2529682798 @default.
- W3032322503 cites W2531254193 @default.
- W3032322503 cites W2532876847 @default.
- W3032322503 cites W2541504497 @default.
- W3032322503 cites W2580786116 @default.
- W3032322503 cites W2590151137 @default.
- W3032322503 cites W2607389631 @default.
- W3032322503 cites W2610692167 @default.
- W3032322503 cites W2726130006 @default.
- W3032322503 cites W2734858430 @default.
- W3032322503 cites W2753896643 @default.
- W3032322503 cites W2769076957 @default.
- W3032322503 cites W2769287169 @default.
- W3032322503 cites W2778382768 @default.
- W3032322503 cites W2801678845 @default.
- W3032322503 cites W2804036662 @default.
- W3032322503 cites W2837470103 @default.
- W3032322503 cites W2889322396 @default.
- W3032322503 cites W2897923414 @default.
- W3032322503 cites W2899193264 @default.
- W3032322503 cites W2899862402 @default.
- W3032322503 cites W2901208446 @default.
- W3032322503 cites W2903594986 @default.
- W3032322503 cites W2911979743 @default.