Information and communications technology has evolved significantly over the last seven decades, beginning with radio and video vans and culminating in the rise of smartphones and mobile internet in remote areas of the Global South. While ICT is an integral part of agricultural extension, little...

The paper proposes a dynamic factor model to augment the conventional three factor Fama and French – CAPM, by introducing two distinct latent variables which constitute investor behavior i.e. market sentiment and herding. Our analysis suggests that both factors significantly impact the asset...

The paper aims to study the dynamic investor behavior and how it helps explain variation in stock returns. We propose a dynamic factor model to extract distinct latent factors representing fluctuations in asset returns due to changes in fundamentals and investor behavior. We study investor...

Purpose: The purpose of this paper is to investigate investor behavior under two broad categories, market-wide sentiment and herding. Design/methodology/approach: Using a dynamic factor model, that extracts distinct latent factors representing fluctuations in asset returns due to changes in...