IS THERE TWO-WAY ASYNCHRONOUS INFORMATION TRANSMISSION BETWEEN STOCK MARKETS AND STOCK MESSAGE BOARDS?
2012 ◽
Vol 11
(04)
◽
pp. 777-792
Keyword(s):
This study investigates asynchronous information transmission between stock returns and abnormal posting volume on the online stock message boards in China. Based on a robust GARCH model, the study finds that there are significant two-way volatility spillover effects: a positive volatility spillover effect from stock returns to abnormal message posting volume, and a negative volatility spillover effect from abnormal message posting volume to stock returns. The information exchange and communication on stock message boards have a certain role in stabilizing financial markets and improving investor's decision making on financial markets.
2020 ◽
Vol 8
(2)
◽
pp. 1576-1598
Keyword(s):
2020 ◽
2013 ◽
Vol 9
(7)
◽
pp. 283-301
2014 ◽
Vol 34
(1-2)
◽
pp. 127-145
◽
2021 ◽
Vol 8
(1-2)
◽
pp. 61
2021 ◽
Vol ahead-of-print
(ahead-of-print)
◽
Keyword(s):
2020 ◽
Vol 1549
◽
pp. 042050
Keyword(s):