Sensitivity of economic policy uncertainty to investor sentiment
Journal article
Authors | Rehman, Mobeen Ur and Apergis, Nicholas |
---|---|
Abstract | A series of global financial crises in 21st century, steep economic decline and slow recoveries have intensified the concern of regulatory bodies for economic policy certainty. This study explores the effect of investor sentiment on economic policy uncertainty (EPU), spanning the period 1995-2015. The analysis is carried out for Asian, Developed and the European market samples by applying the method of quantile regressions. The findings document the presence of a negative impact of investor sentiment on EPU. Robustness analysis illustrates the validity of the results for the cases of Asian and Developed markets. |
Keywords | Economics and Econometrics; Finance |
Year | 2019 |
Journal | Studies in Economics and Finance |
Journal citation | 36 (2), pp. 114-129 |
Publisher | Emerald |
ISSN | 10867376 |
Digital Object Identifier (DOI) | https://doi.org/10.1108/sef-01-2019-0040 |
Web address (URL) | http://hdl.handle.net/10545/624196 |
http://creativecommons.org/licenses/by-nc-nd/3.0/us/ | |
hdl:10545/624196 | |
Publication dates | 24 Jun 2019 |
Publication process dates | |
Deposited | 07 Oct 2019, 14:38 |
Accepted | 2019 |
Rights | Attribution-NonCommercial-NoDerivs 3.0 United States |
Contributors | University of Piraeus, University of Derby and Institute of Science and Technology Islamabad, Pakistan |
File | File Access Level Open |
File | File Access Level Open |
File | File Access Level Open |
https://repository.derby.ac.uk/item/93y98/sensitivity-of-economic-policy-uncertainty-to-investor-sentiment
Download files
66
total views39
total downloads0
views this month0
downloads this month