Sentiment during Recessions

Material TypeArticleLanguageEnglish
TitleSentiment during Recessions Author(S)DIEGO GARCحA (Author)
Abstract  This paper studies the effect of sentiment on asset prices during the 20th century (1905 to 2005). As a proxy for sentiment, we use the fraction of positive and negative words in two columns of financial news from the New York Times. The main contribution of the paper is to show that, ...Paginationp1267-1300
Journal TitleThe Journal of Finance  
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