Feverish sentiment and global equity markets during the COVID-19 pandemic

• Published in: Journal of economic behavior & organization Vol. 188; pp. 1088 - 1108
• Main Authors: Huynh, Toan Luu Duc, Foglia, Matteo, Nasir, Muhammad Ali, Angelini, Eliana
• Format: Journal Article
• Language: English
• Published: Netherlands Elsevier B.V 01.08.2021
• Subjects: COVID-19; Equity indices; Feverish sentiment index; Investor sentiment; COVID-19; Feverish sentiment index; D12; D14; G21; Investor sentiment; G02; Equity indices

This paper proposes a new approach to estimating investor sentiments and their implications for the global financial markets. Contextualising the COVID-19 pandemic, we draw on the six behavioural indicators (media coverage, fake news, panic, sentiment, media hype and infodemic) of the 17 largest eco...