Mai, Pukthuanthong and Zhou (2022) published a paper studying the return predictability of investor sentiment across four different asset classes including both traditional financial assets and bitcoin. The full paper can be found on SSRN: Mai, Pukthuanthong and Zhou (2022) An early study by Baker and Wurgler (2006) provides some empirical justifications of using investorContinue reading “Investor Sentiment”
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Slowdown in Global Productivity
“Once electronics were small enough to be used in almost all industries, their effect on productivity vanished.” – Pablo Azar This article summarizes the main points from Azar’s 2022 paper of ‘Moore’s Law and Economic Growth’ . Azar uses his novel dataset to study the how the size of semiconductor impact GDP growth. The globalContinue reading “Slowdown in Global Productivity”
Eddy Zhang 