Investor sentiment indicates how far an asset value deviates from its economic
fundamentals. In this article, we review various measures of investor sentiment based on …

Economists, observers, and policy‐makers often emphasize the role of sentiment as a
potential driver of the business cycle. In this paper, we provide three contributions to this …

Little is known about how people's beliefs concerning the Coronavirus Disease 2019
(COVID-19) influence their behavior. To shed light on this, we conduct an online experiment …

Financial markets have a central role in allocating resources in modern economies. One of
the main functions of financial markets is the discovery of information. This information in …

This paper argues that information about the financial cycle should be incorporated in
measures of potential output. Identifying potential output with non-inflationary output is too …

This chapter studies how incomplete information helps accommodate frictions in
coordination, leading to novel insights on the joint determination of expectations and …

Purpose The main objective of this paper is to investigate whether the investors' behavior
under optimistic (pessimistic) conditions has an impact on risk transmission between the …

This study provides a comprehensive sentiment connectedness analysis in Asia-Pacific. We
implement a time-frequency framework and a quantile connectedness approach while …

This research specifically reveals the predictability for the volatility on energy futures markets
when involving investor sentiment, using the newly launched China's INE crude oil futures …

In the post-epidemic period, the international economic structure has been readjusted, with
risks contagious across financial and economic systems. This paper primarily uses the high …