Retail investors' activity and climate disasters
We analyze the effects of climate disasters on retail investors’ trading activity. Results show that retail investors trade significantly less during and around climate disasters, and retail buyers exhibit higher returns than sellers. Climate disasters weaken the positive return predictability of th...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2024
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| Online Access: | https://ink.library.smu.edu.sg/skbi/44 https://ink.library.smu.edu.sg/context/skbi/article/1043/viewcontent/Retail_InvestorsClimate_Disasters_202406_wp.pdf |
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| Institution: | Singapore Management University |
| Language: | English |