Business Cycle Variations in Manager and Investor Sentiment Indices
HA Al-Zoubi - Journal of Behavioral Finance, 2024 - Taylor & Francis
I find that the highly regarded investor and manager sentiment indices demonstrate both
cyclical and persistent variations. The presence of cyclicality in the orthogonalized indices …
cyclical and persistent variations. The presence of cyclicality in the orthogonalized indices …
Business cycles, financial cycles and capital structure
We perform peridogram based cycle analysis of firm capital structure and find evidence that
firms' leverage is both persistent and cyclical. The cyclicality of leverage is supported by the …
firms' leverage is both persistent and cyclical. The cyclicality of leverage is supported by the …
On the role of domestic and international financial cyclical factors in driving economic growth
We investigate the effects of (domestic and international) financial cyclical factors on the US
business cycle over the period 1890–2013 using an augmented stochastic version of the …
business cycle over the period 1890–2013 using an augmented stochastic version of the …
Bond and option prices with permanent shocks
HA Al-Zoubi - Journal of Empirical Finance, 2019 - Elsevier
I develop and estimate an affine short-rate model that incorporates a nonstationary
stochastic mean. In my model, the time-varying stochastic mean is subject to a sequence of …
stochastic mean. In my model, the time-varying stochastic mean is subject to a sequence of …