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[{"key": "dc.contributor.advisor", "value": "Lehkonen, Heikki", "language": "", "element": "contributor", "qualifier": "advisor", "schema": "dc"}, {"key": "dc.contributor.author", "value": "Shoaib, Gul", "language": "", "element": "contributor", "qualifier": "author", "schema": "dc"}, {"key": "dc.date.accessioned", "value": "2019-03-11T09:07:23Z", "language": null, "element": "date", "qualifier": "accessioned", "schema": "dc"}, {"key": "dc.date.available", "value": "2019-03-11T09:07:23Z", "language": null, "element": "date", "qualifier": "available", "schema": "dc"}, {"key": "dc.date.issued", "value": "2019", "language": "", "element": "date", "qualifier": "issued", "schema": "dc"}, {"key": "dc.identifier.uri", "value": "https://jyx.jyu.fi/handle/123456789/63090", "language": null, "element": "identifier", "qualifier": "uri", "schema": "dc"}, {"key": "dc.description.abstract", "value": "T\u00e4m\u00e4 tutkimus tarkastelee sentimentin vaikutusta pohjoismaisilla osakemarkkinnoilla: Suomi, Tanska, Ruotsi, Norja ja Islanti. T\u00e4ss\u00e4 yhteydess\u00e4 tarkastellaan my\u00f6s Yhdysvaltojen sentimentin asemaa. Ajatus t\u00e4m\u00e4n taustalla on havaita mahdollisen sentimentin \u201dheijastumisen\u201d vaikutus. Lis\u00e4ksi tutkimuksessa selvitet\u00e4\u00e4n, vaikuttavatko Yhdysvaltain ja/ tai alueelliset -sentimentti indeksit paikallisiin maakohtaisiin ja alueellisiin indekseihin. Lopuksi tarkastellaan my\u00f6s, vaikuttavatko paikalliset ja/ tai alueelliset (osake) tuotot sentimenttiin.\n\nTulokset n\u00e4ytt\u00e4v\u00e4t suhteen sentimentin ja osaketuottojen v\u00e4lill\u00e4 koskien kaikkia pohjoismaita. Lis\u00e4ksi k\u00e4site sentimentin heijastumisesta saa my\u00f6s tukea. Vaikutukset eiv\u00e4t kuitenkaan ole yhten\u00e4isi\u00e4 koskien kaikkia maita sill\u00e4 maat osoittavat vaihtelevaa herkkyytt\u00e4 eri sentimentti indeksej\u00e4 kohtaan.\n\nTutkimuksessa my\u00f6s todetaan ulkopuolisen sentimentin vaikutus paikalliseen sentimenttiin. Esimerkiksi Norjan tilanteessa on n\u00e4ht\u00e4viss\u00e4 Yhdysvaltain maakohtaisen sentimentin positiivinen vaikutus Norjan maakohtaiseen sentimenttiin; Yhdysvaltain korkean maakohtaisen sentimentin voidaan n\u00e4hd\u00e4 ennakoivan suhteellisesti korkeampaa maakohtaista sentimentti\u00e4 Norjassa seuraavana kuukautena.\n\nKoskien tuotto- sentimentti suhdetta, tuloksissa korostuu etenkin OMX- Helsinki tuottojen vahva vaikutus seuraavan kuukauden sentimenttiin; edelliskuukauden korkeammat osaketuotot pohjustavat suhteellisesti korkeampaa sentimentti\u00e4 Suomessa seuraavana kuukautena. Lis\u00e4ksi Tanskan ja Norjan -markkina sentimentti, sek\u00e4 my\u00f6s euroalueen sentimentti, sek\u00e4 alueellinen, ett\u00e4 markkinakohtainen, osoittavat altistusta edelliskuukauden OMX- Nordic tuottoihin.", "language": "fi", "element": "description", "qualifier": "abstract", "schema": "dc"}, {"key": "dc.description.abstract", "value": "This study examines the effect of sentiment in the Nordic stock markets: Finland, Denmark, Sweden, Norway and Iceland. In this context, the role of United States\u2019 sentiment is also examined. The notion behind this is to observe the effect of a potential sentiment spillover. In addition, the study examines whether US and/ or regional -sentiment indices impact local country- level sentiment indices and regional indices. Finally, it is tested whether local and/ or regional returns affect sentiment.\n\nResults show a relation between sentiment and stock returns regarding all the Nordic countries and provide evidence for the spillover notion as well. The effects are, however, not equal for all countries. Countries show varying levels of sensitivity to different sentiment indices.\n\nThe impact of external sentiment with regards to local sentiment is observed to prevail as well. For example, in the case of Norway, US country sentiment is seen to positively affect Norwegian country sentiment; high country sentiment in the US is seen predictive of relatively higher local sentiment in Norway in the following month.\n\nAs to the return- sentiment relationship, previous month OMX- Helsinki returns are seen to strongly influence following period sentiment; higher stock returns in the previous month pave way for relatively higher sentiment in the following month. In addition, Danish and Norwegian -market sentiment, as well as Eurozone sentiment, both country and market, show sensitivity to previous month Nordic returns.", "language": "en", "element": "description", "qualifier": "abstract", "schema": "dc"}, {"key": "dc.description.provenance", "value": "Submitted by Paivi Vuorio (paelvuor@jyu.fi) on 2019-03-11T09:07:23Z\nNo. of bitstreams: 0", "language": "en", "element": "description", "qualifier": "provenance", "schema": "dc"}, {"key": "dc.description.provenance", "value": "Made available in DSpace on 2019-03-11T09:07:23Z (GMT). No. of bitstreams: 0\n Previous issue date: 2019", "language": "en", "element": "description", "qualifier": "provenance", "schema": "dc"}, {"key": "dc.format.extent", "value": "48", "language": "", "element": "format", "qualifier": "extent", "schema": "dc"}, {"key": "dc.format.mimetype", "value": "application/pdf", "language": null, "element": "format", "qualifier": "mimetype", "schema": "dc"}, {"key": "dc.language.iso", "value": "eng", "language": null, "element": "language", "qualifier": "iso", "schema": "dc"}, {"key": "dc.rights", "value": "In Copyright", "language": "en", "element": "rights", "qualifier": null, "schema": "dc"}, {"key": "dc.subject.other", "value": "investor sentiment", "language": "", "element": "subject", "qualifier": "other", "schema": "dc"}, {"key": "dc.subject.other", "value": "US sentiment", "language": "", "element": "subject", "qualifier": "other", "schema": "dc"}, {"key": "dc.subject.other", "value": "Eurozone sentiment", "language": "", "element": "subject", "qualifier": "other", "schema": "dc"}, {"key": "dc.subject.other", "value": "stock returns", "language": "", "element": "subject", "qualifier": "other", "schema": "dc"}, {"key": "dc.subject.other", "value": "Nordic countries", "language": "", "element": "subject", "qualifier": "other", "schema": "dc"}, {"key": "dc.title", "value": "Investor sentiment in the Nordic stock markets", "language": "", "element": "title", "qualifier": null, "schema": "dc"}, {"key": "dc.type", "value": "master thesis", "language": null, "element": "type", "qualifier": null, "schema": "dc"}, {"key": "dc.identifier.urn", "value": "URN:NBN:fi:jyu-201903111802", "language": "", "element": "identifier", "qualifier": "urn", "schema": "dc"}, {"key": "dc.type.ontasot", "value": "Pro gradu -tutkielma", "language": "fi", "element": "type", "qualifier": "ontasot", "schema": "dc"}, {"key": "dc.type.ontasot", "value": "Master\u2019s thesis", "language": "en", "element": "type", "qualifier": "ontasot", "schema": "dc"}, {"key": "dc.contributor.faculty", "value": "Jyv\u00e4skyl\u00e4 University School of Business and Economics", "language": "en", "element": "contributor", "qualifier": "faculty", "schema": "dc"}, {"key": "dc.contributor.faculty", "value": "Jyv\u00e4skyl\u00e4n yliopiston kauppakorkeakoulu", "language": "fi", "element": "contributor", "qualifier": "faculty", "schema": "dc"}, {"key": "dc.contributor.department", "value": "Taloustieteet", "language": "fi", "element": "contributor", "qualifier": "department", "schema": "dc"}, {"key": "dc.contributor.department", "value": "Business and Economics", "language": "en", "element": "contributor", "qualifier": "department", "schema": "dc"}, {"key": "dc.contributor.organization", "value": "Jyv\u00e4skyl\u00e4n yliopisto", "language": "fi", "element": "contributor", "qualifier": "organization", "schema": "dc"}, {"key": "dc.contributor.organization", "value": "University of Jyv\u00e4skyl\u00e4", "language": "en", "element": "contributor", "qualifier": "organization", "schema": "dc"}, {"key": "dc.subject.discipline", "value": "Taloustiede", "language": "fi", "element": "subject", "qualifier": "discipline", "schema": "dc"}, {"key": "dc.subject.discipline", "value": "Economics", "language": "en", "element": "subject", "qualifier": "discipline", "schema": "dc"}, {"key": "yvv.contractresearch.funding", "value": "0", "language": "", "element": "contractresearch", "qualifier": "funding", "schema": "yvv"}, {"key": "dc.type.coar", "value": "http://purl.org/coar/resource_type/c_bdcc", "language": null, "element": "type", "qualifier": "coar", "schema": "dc"}, {"key": "dc.rights.accesslevel", "value": "openAccess", "language": null, "element": "rights", "qualifier": "accesslevel", "schema": "dc"}, {"key": "dc.type.publication", "value": "masterThesis", "language": null, "element": "type", "qualifier": "publication", "schema": "dc"}, {"key": "dc.subject.oppiainekoodi", "value": "2041", "language": "", "element": "subject", "qualifier": "oppiainekoodi", "schema": "dc"}, {"key": "dc.subject.yso", "value": "sijoittajat", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.subject.yso", "value": "p\u00f6rssit", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.subject.yso", "value": "osakkeet", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.subject.yso", "value": "arvopaperimarkkinat", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.subject.yso", "value": "tuotto", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.subject.yso", "value": "investors", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.subject.yso", "value": "stock exchanges", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.subject.yso", "value": "stocks", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.subject.yso", "value": "security market", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.subject.yso", "value": "yield", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.format.content", "value": "fulltext", "language": null, "element": "format", "qualifier": "content", "schema": "dc"}, {"key": "dc.rights.url", "value": "https://rightsstatements.org/page/InC/1.0/", "language": null, "element": "rights", "qualifier": "url", "schema": "dc"}, {"key": "dc.type.okm", "value": "G2", "language": null, "element": "type", "qualifier": "okm", "schema": "dc"}]
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