2022
DOI: 10.1016/j.qref.2022.08.005
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The sum of all SCARES COVID-19 sentiment and asset return

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Cited by 12 publications
(7 citation statements)
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References 84 publications
(106 reference statements)
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“…For example, John and Li (2021) use GSVs to build sentiment indices that help predicting volatility jumps. Hasan (2022) develops a search based COVID-19 sentiment index that explains stock market return and subsequent return reversals that are consistent with patterns of investor sentiment, indicating that households’ pandemic sentiment negatively affects stock returns. Lyócsa et al (2020) use search terms to gauge investors’ fears and document that their sentiment proxy explains stock price variation around the world.…”
Section: Related Literaturementioning
confidence: 86%
“…For example, John and Li (2021) use GSVs to build sentiment indices that help predicting volatility jumps. Hasan (2022) develops a search based COVID-19 sentiment index that explains stock market return and subsequent return reversals that are consistent with patterns of investor sentiment, indicating that households’ pandemic sentiment negatively affects stock returns. Lyócsa et al (2020) use search terms to gauge investors’ fears and document that their sentiment proxy explains stock price variation around the world.…”
Section: Related Literaturementioning
confidence: 86%
“…In the post-epidemic era, residents can obtain more job opportunities, and wage income growth can become an essential guarantee for improving residents’ mental health ( 60 , 61 ). Meanwhile, compared to the pandemic, the market potential of household fixed assets preservation and appreciation was better ( 62 ). The RCC can help to enhance the social security of the residents.…”
Section: Literature Review and Hypotheses Developmentmentioning
confidence: 99%
“…The information shock is an important reason for sentiment generation. Investor sentiment is easily influenced by many economic factors and generates economic sentiment (Shapiro et al, 2022), and influenced by noneconomic factors, leading to sentiment such as the COVID-19 (Hasan, 2022). Drawing on the rational economic man hypothesis, as the decision-maker, investors can handle new information correctly and can make the best decisions.…”
Section: In-sample Analysismentioning
confidence: 99%