We investigate the impact of enterprise digital transformation on the breadth of ownership
and stock price volatility. Our findings demonstrate that enterprise digital transformation has …

ABSTRACT I discuss a new intellectual paradigm, social economics and finance—the study
of the social processes that shape economic thinking and behavior. This emerging field …

We propose an investor attention index based on proxies in the literature and find that it
predicts the stock market risk premium significantly, both in sample and out of sample …

We examine the overall and individual analyst performance of 12-month-ahead target price
forecasts over the 10 years from 2000 through 2009. Implied target price-based returns …

This paper adds to the growing literature of cryptocurrency and behavioral finance.
Specifically, we investigate the relationships between the novel investor attention and …

In this paper, we use Long Short-Term Memory Networks (LSTM) to predict stock price
movement. Compared with other Artificial Neural Networks (ANNs), LSTM is more suitable to …

Investor attention is a scarce cognitive resource which affects investment decisions, and
recent studies suggest that investor attention also have impacts on asset prices. Although …

US stocks have been shown to earn higher returns during earnings announcement months
than during non-announcement months. We document that this earnings announcement …

Financial literacy is essential for every individual concerned with public welfare and
household portfolio choices. In this study, we investigate the impact of household financial …

Prior literature has documented that investor attention and constraints on that attention are
associated with the pricing of stocks. We introduce the concept of attention comovement …