Abstract
Sentiment is a determinant of investors’ trading decisions and behaviours. After a sentiment shock, investors’ net positions change differently across investor types. In response to a sentiment change, individual (institutional) investors follow a positive (negative) feedback strategy, reflecting their different trading and investment purposes.
| Original language | English |
|---|---|
| Pages (from-to) | 811-816 |
| Number of pages | 6 |
| Journal | Applied Economics Letters |
| Volume | 28 |
| Issue number | 10 |
| DOIs | |
| State | Published - 2021 |
Keywords
- Emerging market
- investor sentiment
- investor type
- net position
- trading behaviour