Investor sentiment and emerging stock market liquidity

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Date

2018

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Elsevier

Abstract

This study examines the impact of local and foreign investor sentiment on emerging stock market liquidity. We find a positive (negative) effect of investor sentiment on liquidity (illiquidity). Results also reveal that foreign investor sentiment significantly influences emerging stock market liquidity.

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Keywords

Economics and Finance, Investor sentiment, Emerging stock market, Liquidity, Behavioral Finance

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