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Description
This paper uses the S&P 500 index as a proxy for the market and follows the methodology in Bijl et al. (2016) to compute an investor attention index by searching company names listed on the S&P 500 index from 2010 to 2019 on Google Trends. Building upon existing literature, this paper proposes a new model that explains the relationship between trade policy uncertainty (TPU) and investor attention. It is shown that these two variables are positively correlated.
Publication Date
3-11-2021
Keywords
macroeconomics, investor sentiment, trade policy uncertainty
Recommended Citation
Dong, Lily, "How Does Trade Policy Uncertainty (TPU) affect investor sentiment?" (2021). 2021 Honors Economics Posters. 5.
https://digitalworks.union.edu/eco499p_2021/5