Metals: resources or financial assets? A multivariate cross-sectional analysis
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DOI: 10.1007/s00181-016-1162-9
Abstract: Metals are very important resources for industrial production, but recently they have attracted more and more attention from investors. While certainly industrial producers, consumers, and financial investors do have some influence on metal price development,… read more here.
Keywords: financial assets; metal specific; metal; resources financial ... See more keywords
Fundamental factors and extrapolation in stock-market expectations: The central role of structural change
Sign Up to like & getrecommendations! Published in 2018 at "Journal of Economic Behavior and Organization"
DOI: 10.1016/j.jebo.2018.02.017
Abstract: Abstract Rational expectations and behavioral-finance models are widely interpreted as representing two distinct conceptions of decision-making: rational and irrational, respectively. Using survey data, this paper presents econometric evidence that both fundamental factors and extrapolation drive… read more here.
Keywords: structural change; factors extrapolation; finance; fundamental factors ... See more keywords