Does investor sentiment drive stock market bubbles? Beware of excessive optimism!

WF Pan - Journal of Behavioral Finance, 2020 - Taylor & Francis
The author examines the relationship between stock market bubbles and investor sentiment,
as proxied by consumer confidence indices. The results indicate that investor sentiment …

The effect of bubbles on production: The state of the literature

C Fernández‐González, LA Hierro… - Journal of Economic …, 2024 - Wiley Online Library
In this paper, a comprehensive review is carried out on the strand of the literature related to
the effects of bubbles on production, which includes the scarce empirical literature. The …

[PDF][PDF] Managerial ownership, leverage, profitability, corporate value: An interactive effect in Indonesia Stock Exchange

A Mappadang - Widyakala Journal, 2021 - core.ac.uk
managerial ownership, firm value and financial characteristic have long been critical issue
with regards to company's financial decision making. If the profitability higher and more …

The importance of beliefs in shaping macroeconomic outcomes

REA Farmer - Oxford Review of Economic Policy, 2020 - academic.oup.com
For the past 30 years of the history of macroeconomic thought, the Indeterminacy School of
Macroeconomics has used general equilibrium models with indeterminate equilibria to …

Asset bubbles, unemployment, and a financial crisis

K Hashimoto, R Im, T Kunieda - Journal of Macroeconomics, 2020 - Elsevier
A tractable growth model with asset bubbles is presented to demonstrate that a financial
crisis caused by a bubble bursting increases unemployment rates. A bubbly asset, which is …

Time-varying Granger causality between the stock market and unemployment in the United States

V Fromentin - Applied Economics Letters, 2023 - Taylor & Francis
In this paper, we look at the connection between the stock market and the unemployment
rate in the United States. Using a recent time-varying Granger causality framework covering …

Does investor sentiment predict the S&P500? Evidence from the 1990s to the Covid-19 pandemic

RR Brady - Journal of Behavioral Finance, 2023 - Taylor & Francis
This paper considers how the relationship between investor sentiment and the S&P500
index has changed over time. First, we identify multiple structural breaks in investor …

Macroeconomic uncertainty and stock price crash risk: the moderating roles of operating performance and investor sentiment

PY Wong, YP Chow - Global Business and Economics …, 2023 - inderscienceonline.com
This paper investigates the association between macroeconomic uncertainty and stock price
crash risk and the two potential mechanisms through which the former may affect the latter …

Influence of virtual currency development and investor attention on financial stocks' value: evidence from selected Asian equity markets

MT Ang, YP Chow - Journal of Financial Regulation and Compliance, 2023 - emerald.com
Purpose The purpose of this study is to examine the influence of virtual currency (VC)
development on financial stocks' value in selected Asian equity markets and the moderating …

[PDF][PDF] Macroeconomic, Corporate Fundamentals, Systematic Risk on Firm Value: Evidence from Indonesian Manufacturing Sector

A Mappadang - Jurnal Keuangan dan Perbankan, 2021 - dirdosen.budiluhur.ac.id
This paper aims to study the connection between the effect of macroeconomics, corporate
fundamentals on systematic risk, and the firm's value of the Indonesian manufacturing …