Rational Expectations, Irrational Exuberance: Linkage between U.S. Investors and Pacific-Basin Stock Returns Rahul Verma
We shed new light on the relevance of rational expectations and irrational exuberance of U.S. individual and institutional investors on Pacific-Basin stock returns.We find insignificant effects of irrational exuberance and significant effect of rational expectations on Asian markets with varying deg...
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| Format: | Article |
| Language: | English |
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Universiti Utara Malaysia
2009
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| Online Access: | http://repo.uum.edu.my/25083/1/IJBF%206%201%202009%2067%2094.pdf http://repo.uum.edu.my/25083/ http://ijbf.uum.edu.my/index.php/previous-issues/137-the-international-journal-of-banking-and-finance-ijbf-vol-6-no-1-2009 |
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| Institution: | Universiti Utara Malaysia |
| Language: | English |