| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 7348873 | Economics Letters | 2018 | 4 Pages |
Abstract
This paper investigates the role of institutional investor sentiment in the mean-variance relation. We find market returns are negatively (positively) related to market's conditional volatility over bullish (bearish) periods. The evidence indicates institutional investors to be sentiment traders as well.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Wenzhao Wang,