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Are the Discounts on Closed-End Funds a Sentiment Index?
2 references·16 citing·41 second hop
Are the Discounts on Closed-End Funds a Sentiment Index? (1993)Are the Discounts on Closed-End Funds a S…Investor Sentiment and the Closed‐End Fund Puzzle (1991)Investor Sentiment and the Cl…Investor Sentiment and the Closed-End Fund Puzzle (1991)Investor Sentiment and the Cl…The Cross-Section of Cryptocurrency Returns (2022)The Cross-Section of Cryptocu…An empirical examination of investor sentiment and stock market volatility: evidence from India (2020)An empirical examination of i…Investor sentiment and the cross-section of stock returns: new theory and evidence (2018)Investor sentiment and the cr…Closed-End Funds: A Survey (2012)Closed-End Funds: A SurveyAn examination of investor sentiment effect on G7 stock market returns (2012)An examination of investor se…Investor mood and financial markets (2010)Investor mood and financial m…US ADR and Hong Kong H-share discounts of Shanghai-listed firms (2008)US ADR and Hong Kong H-share …The impact of individual and institutional investor sentiment on the market price of risk (2008)The impact of individual and …Consumer Confidence and Asset Prices: Some Empirical Evidence (2004)Consumer Confidence and Asset…Noise Trading, Costly Arbitrage, and Asset Prices: Evidence from Closed‐end Funds (2002)Noise Trading, Costly Arbitra…The Information Content of International Portfolio Flows (2001)The Information Content of In…Investor Sentiment and the Near-Term Stock Market (2001)Investor Sentiment and the Ne…Overreactions, Momentum, Liquidity, and Price Bubbles in Laboratory and Field Asset Markets (2000)Overreactions, Momentum, Liqu…Arbitrage and Valuation in the Market for Standard and Poor's Depositary Receipts (2000)Arbitrage and Valuation in th…Do Investors Care about Sentiment? (1998)Do Investors Care about Senti…Yes, Discounts on Closed-End Funds Are a Sentiment Index (1993)Yes, Discounts on Closed-End …Economic Forces and the Stock Market (1986)Business conditions and expected returns on stocks and bonds (1989)Investor Psychology and Security Market Under‐ and Overreactions (1998)The long of it: Odds that investor sentiment spuriously predicts anomaly returns (2014)The importance of fear: investor sentiment and stock market returns (2017)A picture is worth a thousand words: Measuring investor sentiment by combining machine learning and photos from news (2021)THE VALUE OF AN OPTION TO EXCHANGE ONE ASSET FOR ANOTHER (1978)Noise Trader Risk in Financial Markets (1990)Likelihood-Based Inference in Cointegrated Vector Autoregressive Models (1995)Managerial Ability, Compensation, and the Closed‐End Fund Discount (2007)A Liquidity-Based Theory of Closed-End Funds (2008)Corporate Transparency and the Impact of Investor Sentiment on Stock Prices (2014)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Distribution of the Estimators for Autoregressive Time Series with a Unit Root (1979)Common risk factors in the returns on stocks and bonds (1993)Does investor sentiment predict the asset volatility? Evidence from emerging stock market India (2015)Short term response of Chinese stock markets to the outbreak of COVID-19 (2020)High policy uncertainty and low implied market volatility: An academic puzzle? (2021)Does the Stock Market Overreact? (1985)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Asymmetric effects of investor sentiment on industry stock returns: Panel data evidence (2012)Risk Compensation and Market Returns: The Role of Investor Sentiment in the Stock Market (2018)Volatility connectedness of major cryptocurrencies: The role of investor happiness (2021)Asset pricing and the bid-ask spread (1986)The Cross-Section of Expected Stock Returns (1992)Dividend yields and expected stock returns (1988)Herding and Feedback Trading by Institutional and Individual Investors (1999)Retail Investor Sentiment and Return Comovements (2006)Does Academic Research Destroy Stock Return Predictability? (2015)Exchange Traded Funds: History, Trading, and Research (2008)Handbook of Financial Engineering (2008)The Role of Boards of Directors in Corporate Governance: A Conceptual Framework and Survey (2010)Investigating Causal Relations by Econometric Models and Cross-spectral Methods (1969)Autoregressive Conditional Heteroscedasticity with Estimates of the Variance of United Kingdom Inflation (1982)Generalized autoregressive conditional heteroskedasticity (1986)Retail investor attention and firms' idiosyncratic risk: Evidence from China (2021)Investor sentiment and stock volatility: New evidence (2022)News-based sentiment and bitcoin volatility (2022)The Equity Share in New Issues and Aggregate Stock Returns (2000)Sports Sentiment and Stock Returns (2007)Individual Investor Trading and Stock Returns (2008)
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References

  • 1991Investor Sentiment and the Closed-End Fund Puzzle1,508 cited
  • 1991Investor Sentiment and the Closed‐End Fund Puzzle1,284 cited

Cited by

  • 2004Consumer Confidence and Asset Prices: Some Empirical Evidence260 cited
  • 2002Noise Trading, Costly Arbitrage, and Asset Prices: Evidence from Closed‐end Funds236 cited
  • 1998Do Investors Care about Sentiment?177 cited
  • 1993Yes, Discounts on Closed-End Funds Are a Sentiment Index172 cited
  • 2012An examination of investor sentiment effect on G7 stock market returns141 cited
  • 2020An empirical examination of investor sentiment and stock market volatility: evidence from India137 cited
  • 2012Closed-End Funds: A Survey133 cited
  • 2008The impact of individual and institutional investor sentiment on the market price of risk127 cited
  • 2010Investor mood and financial markets122 cited
  • 2000Arbitrage and Valuation in the Market for Standard and Poor's Depositary Receipts121 cited
  • 2008US ADR and Hong Kong H-share discounts of Shanghai-listed firms121 cited
  • 2001The Information Content of International Portfolio Flows120 cited
  • 2001Investor Sentiment and the Near-Term Stock Market

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  • 2022The Cross-Section of Cryptocurrency Returns102 cited
  • 2000Overreactions, Momentum, Liquidity, and Price Bubbles in Laboratory and Field Asset Markets95 cited
  • 2018Investor sentiment and the cross-section of stock returns: new theory and evidence88 cited