Assessing Investor Belief: An Analysis of Trading for Sustainable Growth of Stock Markets

Assessing Investor Belief: An Analysis of Trading for Sustainable Growth of Stock Markets

Investors’ beliefs are the driving force behind the trading of stocks and, hence, sustainable stock returns. Although investors’ beliefs are usually unobservable, this study develops a new approach to estimate investors beliefs. Following well-established rational learning and ma...

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Bibliographic Details
Main Authors: Yan Han, Xue-Feng Shao, Xin Cui, Xiao-Guang Yue, Kelvin Joseph Bwalya, Otilia Manta
Format: Article
Language:English
Published: MDPI AG 2019-10-01
Series:Sustainability
Subjects:
investors’ beliefs
information asymmetry
liquidity
stock trading
stock returns
Online Access:https://www.mdpi.com/2071-1050/11/20/5600

Internet

https://www.mdpi.com/2071-1050/11/20/5600

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