메뉴 건너뛰기




Volumn 66, Issue 1, 2011, Pages 67-97

The Causal Impact of Media in Financial Markets

Author keywords

[No Author keywords available]

Indexed keywords


EID: 78650990923     PISSN: 00221082     EISSN: 15406261     Source Type: Journal    
DOI: 10.1111/j.1540-6261.2010.01626.x     Document Type: Article
Times cited : (740)

References (28)
  • 1
    • 0037497348 scopus 로고    scopus 로고
    • Trading is hazardous to your wealth: The common stock investment performance of individual investors
    • Barber, Brad, and Terrance Odean, 2000, Trading is hazardous to your wealth: The common stock investment performance of individual investors, Journal of Finance 55, 773-806.
    • (2000) Journal of Finance , vol.55 , pp. 773-806
    • Barber, B.1    Odean, T.2
  • 2
    • 0036111572 scopus 로고    scopus 로고
    • Online investors: Do the slow die first
    • Barber, Brad, and Terrance Odean, 2002, Online investors: Do the slow die first Review of Financial Studies 15, 455-487.
    • (2002) Review of Financial Studies , vol.15 , pp. 455-487
    • Barber, B.1    Odean, T.2
  • 3
    • 38049051830 scopus 로고    scopus 로고
    • All that glitters: The effect of attention and news on the buying behavior of individual and institutional investors
    • Barber, Brad, and Terrance Odean, 2008, All that glitters: The effect of attention and news on the buying behavior of individual and institutional investors, Review of Financial Studies 21, 785-818.
    • (2008) Review of Financial Studies , vol.21 , pp. 785-818
    • Barber, B.1    Odean, T.2
  • 4
    • 78650979635 scopus 로고    scopus 로고
    • Don't believe the hype: Local media slant, local advertising, and firm value
    • Working paper, University of Texas at Dallas.
    • Butler, Alexander, and Umit Gurun, 2009, Don't believe the hype: Local media slant, local advertising, and firm value, Working paper, University of Texas at Dallas.
    • (2009)
    • Butler, A.1    Gurun, U.2
  • 5
    • 0007884883 scopus 로고    scopus 로고
    • Home bias at home: Local equity preference in domestic portfolios
    • Coval, Joshua, and Tobias Moskowitz, 1999, Home bias at home: Local equity preference in domestic portfolios, Journal of Finance 54, 2045-2073.
    • (1999) Journal of Finance , vol.54 , pp. 2045-2073
    • Coval, J.1    Moskowitz, T.2
  • 6
    • 0034861189 scopus 로고    scopus 로고
    • The geography of investment: Informed trading and asset prices
    • Coval, Joshua, and Tobias Moskowitz, 2001, The geography of investment: Informed trading and asset prices, Journal of Political Economy 109, 811-841.
    • (2001) Journal of Political Economy , vol.109 , pp. 811-841
    • Coval, J.1    Moskowitz, T.2
  • 7
    • 34547653983 scopus 로고    scopus 로고
    • The Fox News effect: Media bias and voting
    • DellaVigna, Stefano, and Ethan Kaplan, 2007, The Fox News effect: Media bias and voting, Quarterly Journal of Economics 122, 1187-1234.
    • (2007) Quarterly Journal of Economics , vol.122 , pp. 1187-1234
    • DellaVigna, S.1    Kaplan, E.2
  • 8
    • 78650986830 scopus 로고    scopus 로고
    • The power of rhetoric in financial journalism
    • Working paper, University of North Carolina.
    • Dougal, Casey, Joseph Engelberg, Diego Garcia, and Christopher Parsons, 2010, The power of rhetoric in financial journalism, Working paper, University of North Carolina.
    • (2010)
    • Dougal, C.1    Engelberg, J.2    Garcia, D.3    Parsons, C.4
  • 9
    • 43649100224 scopus 로고    scopus 로고
    • The corporate governance role of the media: Evidence from Russia
    • Dyck, Alexander, Natalya Volchkova, and Luigi Zingales, 2008, The corporate governance role of the media: Evidence from Russia, Journal of Finance 63, 1093-1135.
    • (2008) Journal of Finance , vol.63 , pp. 1093-1135
    • Dyck, A.1    Volchkova, N.2    Zingales, L.3
  • 10
  • 11
    • 8744257467 scopus 로고    scopus 로고
    • Media, education, and anti-Americanism in the Muslim world
    • Gentzkow, Matthew, and Jesse Shapiro, 2004, Media, education, and anti-Americanism in the Muslim world, Journal of Economic Perspectives 18, 117-133.
    • (2004) Journal of Economic Perspectives , vol.18 , pp. 117-133
    • Gentzkow, M.1    Shapiro, J.2
  • 13
    • 76549132070 scopus 로고    scopus 로고
    • What drives media slant? Evidence from U.S. daily newspapers
    • Gentzkow, Matthew, and Jesse Shapiro, 2010, What drives media slant? Evidence from U.S. daily newspapers, Econometrica 78, 35-71.
    • (2010) Econometrica , vol.78 , pp. 35-71
    • Gentzkow, M.1    Shapiro, J.2
  • 14
    • 74949137297 scopus 로고    scopus 로고
    • Does the media matter? A field experiment measuring the effect of newspapers on voting behavior and political opinions
    • Gerber, Alan, Dean Karlan, and Daniel Bergan, 2009, Does the media matter? A field experiment measuring the effect of newspapers on voting behavior and political opinions, American Economic Journal: Applied Economics 1, 35-52.
    • (2009) American Economic Journal: Applied Economics , vol.1 , pp. 35-52
    • Gerber, A.1    Karlan, D.2    Bergan, D.3
  • 15
    • 0040291376 scopus 로고    scopus 로고
    • Contagious speculation and a cure for cancer: A nonevent that made stock prices soar
    • Huberman, Gur, and Tomer Regev, 2001, Contagious speculation and a cure for cancer: A nonevent that made stock prices soar, Journal of Finance 56, 387-396.
    • (2001) Journal of Finance , vol.56 , pp. 387-396
    • Huberman, G.1    Regev, T.2
  • 16
    • 12344320638 scopus 로고    scopus 로고
    • Local does as local is: Information content of the geography of individual investors' common stock investments
    • Ivković, Zoran, and Scott Weisbenner, 2005, Local does as local is: Information content of the geography of individual investors' common stock investments, Journal of Finance 60, 267-306.
    • (2005) Journal of Finance , vol.60 , pp. 267-306
    • Ivković, Z.1    Weisbenner, S.2
  • 17
    • 33645134749 scopus 로고    scopus 로고
    • Comparing the post-earnings announcement drift for surprises calculated from analyst and time series forecasts
    • Livnat, Joshua, and Richard Mendenhall, 2006, Comparing the post-earnings announcement drift for surprises calculated from analyst and time series forecasts, Journal of Accounting Research 44, 177-205.
    • (2006) Journal of Accounting Research , vol.44 , pp. 177-205
    • Livnat, J.1    Mendenhall, R.2
  • 18
    • 3042623542 scopus 로고    scopus 로고
    • Weather, stock returns, and the impact of localized trading behavior
    • Loughran, Timothy, and Paul Schultz, 2004, Weather, stock returns, and the impact of localized trading behavior, Journal of Financial and Quantitative Analysis 39, 343-364.
    • (2004) Journal of Financial and Quantitative Analysis , vol.39 , pp. 343-364
    • Loughran, T.1    Schultz, P.2
  • 19
    • 78650965904 scopus 로고    scopus 로고
    • The geographic location, media coverage and investor reactions
    • Working paper, University of Michigan.
    • Miller, Gregory, and Devin Shanthikumar, 2010, The geographic location, media coverage and investor reactions, Working paper, University of Michigan.
    • (2010)
    • Miller, G.1    Shanthikumar, D.2
  • 20
    • 70350225371 scopus 로고    scopus 로고
    • Media coverage and investors' attention to earnings announcements
    • Working paper, INSEAD.
    • Peress, Joel, 2008, Media coverage and investors' attention to earnings announcements, Working paper, INSEAD.
    • (2008)
    • Peress, J.1
  • 21
    • 84892702170 scopus 로고    scopus 로고
    • Estimating standard errors in finance panel data sets: Comparing approaches
    • Petersen, Mitchell, 2009, Estimating standard errors in finance panel data sets: Comparing approaches, Review of Financial Studies 22, 435-480.
    • (2009) Review of Financial Studies , vol.22 , pp. 435-480
    • Petersen, M.1
  • 22
    • 33644850715 scopus 로고    scopus 로고
    • Do ads influence editors? Advertising and bias in the financial media
    • Reuter, Jonathan, and Eric Zitzewitz, 2006, Do ads influence editors? Advertising and bias in the financial media, Quarterly Journal of Economics 121, 197-227.
    • (2006) Quarterly Journal of Economics , vol.121 , pp. 197-227
    • Reuter, J.1    Zitzewitz, E.2
  • 23
    • 77957127116 scopus 로고    scopus 로고
    • Individual investors and local bias
    • Seasholes, Mark, and Ning Zhu, 2010, Individual investors and local bias, Journal of Finance 65, 1989-2011.
    • (2010) Journal of Finance , vol.65 , pp. 1989-2011
    • Seasholes, M.1    Zhu, N.2
  • 24
    • 12144291140 scopus 로고    scopus 로고
    • Radio's impact on public spending
    • Stromberg, David, 2004, Radio's impact on public spending, Quarterly Journal of Economics 119, 189-221.
    • (2004) Quarterly Journal of Economics , vol.119 , pp. 189-221
    • Stromberg, D.1
  • 25
    • 34248193914 scopus 로고    scopus 로고
    • Giving content to investor sentiment: The role of media in the stock market
    • Tetlock, Paul, 2007, Giving content to investor sentiment: The role of media in the stock market, Journal of Finance 62, 1139-1168.
    • (2007) Journal of Finance , vol.62 , pp. 1139-1168
    • Tetlock, P.1
  • 26
    • 43649107307 scopus 로고    scopus 로고
    • More than words: Quantifying language to measure firms' fundamentals
    • Tetlock, Paul, Maytal Saar-Tsechansky, and Sofus Macskassy, 2008, More than words: Quantifying language to measure firms' fundamentals, Journal of Finance 63, 1437-1467.
    • (2008) Journal of Finance , vol.63 , pp. 1437-1467
    • Tetlock, P.1    Saar-Tsechansky, M.2    Macskassy, S.3
  • 28
    • 4444361575 scopus 로고    scopus 로고
    • The local bias of individual investors
    • Working paper, Yale ICF.
    • Zhu, Ning, 2002, The local bias of individual investors, Working paper, Yale ICF.
    • (2002)
    • Zhu, N.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.