Monetary policy actions (conventional and unconventional) are important events that are expected to affect asset prices, especially during periods of financial turmoil. Although many studies examine their effect on asset prices there is a lack of empirical evidence on their impact on investor...

We investigate whether the textual sentiment affects European depositors’ behavior to withdraw their deposits. Following Loughran and McDonald (2011) methodology, we construct two textual sentiments able to capture the perceived uncertainty. Our findings suggest that a high frequency of...