The effects of sentiment should be strongest during times of heightened valuation uncertainty. As such, we document a significant amplifying role for market uncertainty in the relation between sentiment and aggregate investment. A one-standard-deviation increase in uncertainty more than doubles...

Duration Analysis, which allows the timing of an event to be explored in a dynamic framework, is used to model the adoption of organic horticultural technology in the UK. The influence of a range of economic and non-economic determinants is explored using discrete time models. The empirical...