Chinese institutional investors' sentiment
We use daily survey data on Chinese institutional investors' forecasts to measure investors' sentiment. Our empirical model uncovers that share prices and investor sentiment do not have a long-run relation; however, in the short-run, the mood of investors follows a positive feedback proces...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
2008-10.
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Subjects: | |
Online Access: | Get fulltext |