The article presents the results of the selection of relevant to the Russian context emotions perceived as primary (which humans share with animals) or secondary (experienced only by humans). Three stages of the selection and evaluation of emotions made it possible to distinguish 12 emotions:...

The investor sentiment measures based on market variables underperform those sentiment measures extracted from investor surveys in various applications. By purging the fundamental component out of the market-variable-based sentiment measures thoroughly, we propose a largely contamination-free...

We use retail Structured Equity Product (SEP) issuances to construct a new sentiment measure for individual stocks. The SEP sentiment measure predicts negative abnormal returns on the SEPs' reference stocks based on a variety of benchmarks including behavioral factor models and factors based on...