Measuring Media Sentiment | A missing piece: The impact of media sentiment on the economy and the financial markets

Matthias W. Uhl

ISBN 10: 3838131681 / ISBN 13: 9783838131689

Published by Südwestdeutscher Verlag für Hochschulschriften, 2015

About this Item

Measuring Media Sentiment | A missing piece: The impact of media sentiment on the economy and the financial markets | Matthias W. Uhl | Taschenbuch | 88 S. | Englisch | 2015 | Südwestdeutscher Verlag für Hochschulschriften | EAN 9783838131689 | Verantwortliche Person für die EU: preigu GmbH & Co. KG, Lengericher Landstr. 19, 49078 Osnabrück, mail[at]preigu[dot]de | Anbieter: preigu.

Seller Inventory # 106585092

Bibliographic Details

• Title: Measuring Media Sentiment | A missing piece: The impact of media sentiment on the economy and the financial markets
• Publisher: Südwestdeutscher Verlag für Hochschulschriften
• Publication Date: 2015
• Language: English
• ISBN 10: 3838131681
• ISBN 13: 9783838131689
• Binding: Taschenbuch
• Condition: Neu
• Dimensions: 220W x 150H x 6D millimeters 220 millimeters width by 150 millimeters height by 6 millimeters depth
• Weight: 149 grams
• Seller catalogs:
  • Bücher

About this title

Synopsis

The literature on behavioral finance and economics has established the notion that the economy and the financial markets are not only driven by fundamentals. Theoretical and practical evidence suggests that the news media have gained in influence over the past years. This book attempts to explain a missing piece of the puzzle in behavioral finance and economics by measuring sentiment in the media and its influence on consumer and investor behavior systematically. Matthias W. Uhl introduces novel and unique datasets to show that quantitative measures of sentiment in the print, TV, and financial markets media work for explaining and predicting private consumption as well as stock markets in the US. Two alternatives, namely news and TV sentiment, for the University of Michigan Index of Consumer Sentiment are introduced, examining their usefulness for explaining and nowcasting US private consumption. Successful trading strategies are built with sentiment from Reuters news to predict US stock markets. The book aims at economists as well as financial market researchers and investors who want to identify alternative ways to explaining and forecasting consumer and investor behavior.

About the Author

holds a Ph.D. in applied macroeconomics from ETH Zurich, a Master of Science in economic history from Oxford University, and Bachelor of Arts degrees from the American University of Paris. He has worked for Deutsche Bank, UBS Investment Bank and the KOF Swiss Economic Institute at ETH Zurich. Currently, he works in the financial industry.