000 | 02374nam a2200373 i 4500 | ||
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001 | CR9781108974899 | ||
003 | UkCbUP | ||
005 | 20240910175137.0 | ||
006 | m|||||o||d|||||||| | ||
007 | cr|||||||||||| | ||
008 | 200811s2021||||enk o ||1 0|eng|d | ||
020 | _a9781108974899 (ebook) | ||
020 | _z9781108838450 (hardback) | ||
020 | _z9781108971409 (paperback) | ||
040 |
_aUkCbUP _beng _erda _cUkCbUP |
||
050 | 0 | 0 |
_aHG4515.15 _b.M363 2021 |
082 | 0 | 0 |
_a332.6019 _223 |
100 | 1 |
_aMangee, Nicholas, _d1983- _eauthor. |
|
245 | 1 | 0 |
_aHow novelty and narratives drive the stock market : _bblack swans, animal spirits, and scapegoats / _cNicholas Mangee, Georgia Southern University. |
264 | 1 |
_aCambridge : _bCambridge University Press, _c2021. |
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300 |
_a1 online resource (xxvii, 422 pages) : _bdigital, PDF file(s). |
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336 |
_atext _btxt _2rdacontent |
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337 |
_acomputer _bc _2rdamedia |
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338 |
_aonline resource _bcr _2rdacarrier |
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490 | 1 | _aStudies in new economic thinking | |
500 | _aTitle from publisher's bibliographic system (viewed on 13 Oct 2021). | ||
520 | _a'Animal spirits' is a term that describes the instincts and emotions driving human behaviour in economic settings. In recent years, this concept has been discussed in relation to the emerging field of narrative economics. When unscheduled events hit the stock market, from corporate scandals and technological breakthroughs to recessions and pandemics, relationships driving returns change in unforeseeable ways. To deal with uncertainty, investors engage in narratives which simplify the complexity of real-time, non-routine change. This book assesses the novelty-narrative hypothesis for the U.S. stock market by conducting a comprehensive investigation of unscheduled events using big data textual analysis of financial news. This important contribution to the field of narrative economics finds that major macro events and associated narratives spill over into the churning stream of corporate novelty and sub-narratives, spawning different forms of unforeseeable stock market instability. | ||
650 | 0 |
_aInvestments _xPsychological aspects. |
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650 | 0 |
_aStock exchanges _xPsychological aspects. |
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776 | 0 | 8 |
_iPrint version: _z9781108838450 |
830 | 0 | _aStudies in new economic thinking. | |
856 | 4 | 0 | _uhttps://doi.org/10.1017/9781108974899 |
942 |
_2ddc _cEB |
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999 |
_c9331 _d9331 |