TY - JOUR
AU - Hsu, Yu-Lin
AU - Tang, Leilei
PY - 2022
DA - July
TI - Effects of investor sentiment and country governance on unexpected conditional volatility during the COVID-19 pandemic: evidence from global stock markets
JO - International Review of Financial Analysis
VL - 82
DO - https://doi.org/10.1016/j.irfa.2022.102186
AB - This paper first investigates the relationship between investor sentiment, captured by internet search behaviour, and the unexpected component of stock market volatility during the COVID-19 pandemic. According to data on 12 major stock markets, our research indicates a positive correlation between the Google search volume index on COVID-19 and the unexpected volatility of stock markets. The result suggests that greater COVID-19-related investor sentiment during this pandemic is associated with higher stock market uncertainty.
PB - Elsevier
UR - https://strathprints.strath.ac.uk/80303/
KW - Coronavirus (COVID-19)
ER