Swings in sentiment and stock returns: Evidence from a frontier market
We investigate the impact of noise trader sentiment on the formation of expected returns and volatility in the context of the frontier stock market of Bangladesh. Empirical results based on a GARCH-in-mean framework show that shifts in investor sentiment are significantly positively correlated with...
| Main Authors: | , , |
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| Format: | Journal Article |
| Published: |
IACSIT Press
2013
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| Subjects: | |
| Online Access: | http://hdl.handle.net/20.500.11937/47804 |