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http://bura.brunel.ac.uk/handle/2438/24291Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.contributor.author | Caporale, GM | - |
| dc.contributor.author | Menla Ali, F | - |
| dc.contributor.author | Spagnolo, F | - |
| dc.contributor.author | Spagnolo, N | - |
| dc.date.accessioned | 2022-03-19T07:53:03Z | - |
| dc.date.available | 2022-03-19T07:53:03Z | - |
| dc.date.issued | 2022-05-02 | - |
| dc.identifier | ORCID iD: Guglielmo Maria Caporale https://orcid.org/0000-0002-0144-4135 | - |
| dc.identifier | ORCID iD: Faek Menla Ali https://orcid.org/0000-0001-7791-4642 | - |
| dc.identifier | ORCID iD: Fabio Spagnolo https://orcid.org/0000-0001-9043-4133 | - |
| dc.identifier | ORCID iD: Nicola Spagnolo https://orcid.org/0000-0002-1663-2104 | - |
| dc.identifier | 102638 | - |
| dc.identifier.citation | Caporale G.M.et al. (2022) 'Cross-border portfolio flows and news media coverage', Journal of International Money and Finance, 126, 102638, pp. 1 - 28. doi: 10.1016/j.jimonfin.2022.102638. | en_US |
| dc.identifier.issn | 0261-5606 | - |
| dc.identifier.uri | https://bura.brunel.ac.uk/handle/2438/24291 | - |
| dc.description | Data availability: Data will be made available on request. | - |
| dc.description.abstract | This paper investigates the dynamic linkages between portfolio flows and various news media indices (based on both “positive” and “negative” news headlines collected from Bloomberg), whilst also controlling for a comprehensive set of push and pull factors. The monthly panel examined comprises 49 developed, emerging and developing economies in addition to the US and covers the period from January 2007 to October 2017. The empirical results document the importance of the news variables as a determinant of cross-border portfolio flows. More specifically, US (worldwide) news appear to play a leading role in driving bond inflows into (outflows from) the US. By contrast, the impact of news on equity inflows towards the US is relatively weak, whilst equity outflows from the US are affected by both US and worldwide news. These results are shown to be relatively robust to dropping from the full sample the six financial centres considered. | en_US |
| dc.format.extent | 1 - 28 | - |
| dc.format.medium | Print-Electronic | - |
| dc.language.iso | en_US | en_US |
| dc.rights | Copyright © 2022 The Author(s). Published by Elsevier Ltd. This is an open access article under the CC BY license (https://creativecommons.org/licenses/by/4.0/). | - |
| dc.rights.uri | https://creativecommons.org/licenses/by/4.0/ | - |
| dc.subject | Bloomberg | en_US |
| dc.subject | bond flows | en_US |
| dc.subject | equity flows | en_US |
| dc.subject | news | en_US |
| dc.title | Cross-border portfolio flows and news media coverage | en_US |
| dc.type | Article | en_US |
| dc.identifier.doi | https://doi.org/10.1016/j.jimonfin.2022.102638 | - |
| dc.relation.isPartOf | Journal of International Money and Finance | - |
| pubs.publication-status | Published | - |
| pubs.volume | 126 | - |
| dc.identifier.eissn | 1873-0639 | - |
| Appears in Collections: | Dept of Economics and Finance Research Papers | |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| FullText.pdf | Copyright © 2022 The Author(s). Published by Elsevier Ltd. This is an open access article under the CC BY license (https://creativecommons.org/licenses/by/4.0/). | 774.93 kB | Adobe PDF | View/Open |
This item is licensed under a Creative Commons License
