A model of investor sentiment1We are grateful to the NSF for financial support, and to Oliver Blanchard, Alon Brav, John Campbell (a referee), John Cochrane, Edward Glaeser, J.B. Heaton, Danny Kahneman, David Laibson, Owen Lamont, Drazen Prelec, Jay Ritter (a referee), Ken Singleton, Dick Thaler, an anonymous referee, and the editor, Bill Schwert, for comments.1-Reference-Cited by-同舟云学术

A model of investor sentiment1We are grateful to the NSF for financial support, and to Oliver Blanchard, Alon Brav, John Campbell (a referee), John Cochrane, Edward Glaeser, J.B. Heaton, Danny Kahneman, David Laibson, Owen Lamont, Drazen Prelec, Jay Ritter (a referee), Ken Singleton, Dick Thaler, an anonymous referee, and the editor, Bill Schwert, for comments.1

Published:1998-09 Issue:3 Volume:49 Page:307-343
ISSN:0304-405X
Container-title:Journal of Financial Economics
language:en
Short-container-title:Journal of Financial Economics

Author:

Barberis Nicholas,Shleifer Andrei,Vishny Robert

Publisher

Elsevier BV

Subject

Strategy and Management,Economics and Econometrics,Finance,Accounting

Reference44 articles.

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2. Barsky, R., De Long, J.B., 1993. Why does the stock market fluctuate? Quarterly Journal of Economics 108, 291–311.

3. Bernard, V., 1992. Stock price reactions to earnings announcements In: Thaler, R. (Ed.), Advances in Behavioral Finance. Russell Sage Foundation, New York, pp. 303–340.

4. Bernard, V., Thomas, J., 1989. Post-earnings announcement drift: delayed price response or risk premium? Journal of Accounting Research, (Suppl.) 27, 1–36.

5. Evidence that stock prices do not fully reflect the implications of current earnings for future earnings;Bernard;Journal of Accounting and Economics,1990

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