Baba, Boubekeur; Sevil, Güven - In: Financial innovation : FIN 7 (2021), pp. 1-25
findings about foreign investors’ trading behaviors. First, we find evidence that positive feedback trading often appears … during periods of high economic uncertainty, whereas negative feedback trading is exclusively observable during periods of … low economic uncertainty. Second, the foreign investors’ feedback trading appears mostly to be well-timed and often leads …