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Financial Market Risk Perceptions and the Macroeconomy*

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What this work says

Outgoing claims: the papers this work cites, builds on, or argues with.

inferredcites →https://doi.org/10.1007/978-1-349-04338-5openalex-snapshot
Manias, Panics and Crashes
inferredcites →https://doi.org/10.1016/0167-2231(93)90009-lopenalex-snapshot
Discretion versus policy rules in practice
inferredcites →https://doi.org/10.1016/0304-405x(93)90023-5openalex-snapshot
Common risk factors in the returns on stocks and bonds
inferredcites →https://doi.org/10.1016/j.jfineco.2005.03.013openalex-snapshot
Cross-sectional forecasts of the equity premium☆
inferredcites →https://doi.org/10.1016/j.jfineco.2007.12.005openalex-snapshot
High idiosyncratic volatility and low returns: International and further U.S. evidence
inferredcites →https://doi.org/10.1016/j.jfineco.2011.02.014openalex-snapshot
The term structures of equity and interest rates
inferredcites →https://doi.org/10.1016/j.jfineco.2013.10.005openalex-snapshot
Betting against beta
inferredcites →https://doi.org/10.1016/j.jfineco.2015.09.010openalex-snapshot
The common factor in idiosyncratic volatility: Quantitative asset pricing implications
inferredcites →https://doi.org/10.1016/j.jfineco.2016.04.003openalex-snapshot
The price of variance risk
inferredcites →https://doi.org/10.1016/j.jmoneco.2014.09.004openalex-snapshot
Has U.S. monetary policy tracked the efficient interest rate?
inferredcites →https://doi.org/10.1016/j.jmoneco.2017.05.006openalex-snapshot
The cross-section and time series of stock and bond returns
inferredcites →https://doi.org/10.1016/s0304-3932(97)00078-0openalex-snapshot
Asset pricing in production economies
inferredcites →https://doi.org/10.1016/s1574-0048(99)10020-xopenalex-snapshot
Chapter 12 Aggregate investment
inferredcites →https://doi.org/10.1086/250059openalex-snapshot
By Force of Habit: A Consumption‐Based Explanation of Aggregate Stock Market Behavior
inferredcites →https://doi.org/10.1086/262034openalex-snapshot
A Cross-Sectional Test of an Investment-Based Asset Pricing Model
inferredcites →https://doi.org/10.1086/378531openalex-snapshot
Overconfidence and Speculative Bubbles
inferredcites →https://doi.org/10.1086/649760openalex-snapshot
Investment‐Based Expected Stock Returns
inferredcites →https://doi.org/10.1086/ma.21.25554954openalex-snapshot
Volatility and Dispersion in Business Growth Rates: Publicly Traded versus Privately Held Firms [with Comments and Discussion]
inferredcites →https://doi.org/10.1093/qje/qjw024openalex-snapshot
Measuring Economic Policy Uncertainty*
inferredcites →https://doi.org/10.1093/qje/qjx014openalex-snapshot
Credit-Market Sentiment and the Business Cycle*
inferredcites →https://doi.org/10.1093/qje/qjx017openalex-snapshot
Household Debt and Business Cycles Worldwide*
inferredcites →https://doi.org/10.1093/qje/qjy004openalex-snapshot
High Frequency Identification of Monetary Non-Neutrality: The Information Effect
inferredcites →https://doi.org/10.1093/rfs/1.3.195openalex-snapshot
The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors
inferredcites →https://doi.org/10.1093/rfs/3.2.207openalex-snapshot
Expectations and Volatility of Consumption and Asset Returns
inferredcites →https://doi.org/10.1093/rfs/5.3.351openalex-snapshot
Dividend Yields and Expected Stock Returns: Alternative Procedures for Inference and Measurement
inferredcites →https://doi.org/10.1093/rfs/hhp005openalex-snapshot
Demand-Based Option Pricing
inferredcites →https://doi.org/10.1093/rfs/hhp008openalex-snapshot
Expected Stock Returns and Variance Risk Premia
inferredcites →https://doi.org/10.1093/rfs/hht016openalex-snapshot
Issuer Quality and Corporate Bond Returns
inferredcites →https://doi.org/10.1093/rfs/hhu077openalex-snapshot
Corporate Investment and Stock Market Listing: A Puzzle?
inferredcites →https://doi.org/10.1093/rof/rfx010openalex-snapshot
Macro-Finance
inferredcites →https://doi.org/10.1111/0022-1082.00490openalex-snapshot
Differences of Opinion and the Cross Section of Stock Returns
inferredcites →https://doi.org/10.1111/1467-937x.00270openalex-snapshot
Optimal Interest-Rate Smoothing
inferredcites →https://doi.org/10.1111/1540-6261.00421openalex-snapshot
What Drives Firm‐Level Stock Returns?
inferredcites →https://doi.org/10.1111/1540-6261.00539openalex-snapshot
The Value Spread
inferredcites →https://doi.org/10.1111/j.1540-6261.1991.tb03750.xopenalex-snapshot
Production-Based Asset Pricing and the Link Between Stock Returns and Economic Fluctuations
inferredcites →https://doi.org/10.1111/j.1540-6261.1992.tb04398.xopenalex-snapshot
The Cross-Section of Expected Stock Returns
inferredcites →https://doi.org/10.1111/j.1540-6261.1993.tb04700.xopenalex-snapshot
What Moves the Stock and Bond Markets? A Variance Decomposition for Long‐Term Asset Returns
inferredcites →https://doi.org/10.1111/j.1540-6261.2004.00670.xopenalex-snapshot
Risks for the Long Run: A Potential Resolution of Asset Pricing Puzzles
inferredcites →https://doi.org/10.1111/j.1540-6261.2005.00725.xopenalex-snapshot
The Value Premium
inferredcites →https://doi.org/10.1111/j.1540-6261.2005.00760.xopenalex-snapshot
What Explains the Stock Market's Reaction to Federal Reserve Policy?
inferredcites →https://doi.org/10.1111/j.1540-6261.2006.00836.xopenalex-snapshot
The Cross‐Section of Volatility and Expected Returns
inferredcites →https://doi.org/10.1111/j.1540-6261.2006.00885.xopenalex-snapshot
Investor Sentiment and the Cross‐Section of Stock Returns
inferredcites →https://doi.org/10.1111/j.1540-6261.2011.01671.xopenalex-snapshot
Presidential Address: Discount Rates
inferredcites →https://doi.org/10.1111/jofi.12060openalex-snapshot
Market Expectations in the Cross‐Section of Present Values
inferredcites →https://doi.org/10.1111/jofi.12286openalex-snapshot
Arbitrage Asymmetry and the Idiosyncratic Volatility Puzzle
inferredcites →https://doi.org/10.1111/jofi.12586openalex-snapshot
Diagnostic Expectations and Credit Cycles
inferredcites →https://doi.org/10.1111/jofi.12614openalex-snapshot
The Fed, the Bond Market, and Gradualism in Monetary Policy
inferredcites →https://doi.org/10.1146/annurev-financial-110311-101731openalex-snapshot
Economic Activity of Firms and Asset Prices
inferredcites →https://doi.org/10.1162/003465303772815934openalex-snapshot
Measuring the Natural Rate of Interest
inferredcites →https://doi.org/10.1257/0002828042002651openalex-snapshot
A New Measure of Monetary Shocks: Derivation and Implications
inferredcites →https://doi.org/10.1257/0002828053828518openalex-snapshot
Estimation and Inference of Impulse Responses by Local Projections
inferredcites →https://doi.org/10.1257/0002828053828581openalex-snapshot
Bond Risk Premia
inferredcites →https://doi.org/10.1257/aer.102.4.1692openalex-snapshot
Credit Spreads and Business Cycle Fluctuations
inferredcites →https://doi.org/10.1257/aer.102.6.2734openalex-snapshot
Disaster Risk and Business Cycles
inferredcites →https://doi.org/10.1257/aer.20110306openalex-snapshot
Information Rigidity and the Expectations Formation Process: A Simple Framework and New Facts
inferredcites →https://doi.org/10.1257/aer.20121236openalex-snapshot
Fiscal Volatility Shocks and Economic Activity
inferredcites →https://doi.org/10.1257/aer.20131513openalex-snapshot
Are Sticky Prices Costly? Evidence from the Stock Market
inferredcites →https://doi.org/10.1257/aer.20140855openalex-snapshot
Tax Policy and Heterogeneous Investment Behavior
inferredcites →https://doi.org/10.1257/aer.98.5.2066openalex-snapshot
Stocks as Lotteries: The Implications of Probability Weighting for Security Prices
inferredcites →https://doi.org/10.1257/jel.37.4.1661openalex-snapshot
The Science of Monetary Policy: A New Keynesian Perspective
inferredcites →https://doi.org/10.1257/jep.28.2.153openalex-snapshot
Fluctuations in Uncertainty
inferredcites →https://doi.org/10.1353/eca.2017.0003openalex-snapshot
Safety, Liquidity, and the Natural Rate of Interest
inferredcites →https://doi.org/10.1561/104.00000005openalex-snapshot
An Empirical Evaluation of the Long-Run Risks Model for Asset Prices
inferredcites →https://doi.org/10.2307/1882087openalex-snapshot
The General Theory of Employment
inferredcites →https://doi.org/10.2307/1884166openalex-snapshot
Speculative Investor Behavior in a Stock Market with Heterogeneous Expectations
inferredcites →https://doi.org/10.2307/1913610openalex-snapshot
A Simple, Positive Semi-Definite, Heteroskedasticity and Autocorrelation Consistent Covariance Matrix
inferredcites →https://doi.org/10.2307/1991374openalex-snapshot
A General Equilibrium Approach To Monetary Theory
inferredcites →https://doi.org/10.3982/ecta10927openalex-snapshot
Really Uncertain Business Cycles
inferredcites →https://doi.org/10.3982/ecta13960openalex-snapshot
Uncertainty Shocks in a Model of Effective Demand
inferredcites →https://doi.org/10.3982/ecta6248openalex-snapshot
The Impact of Uncertainty Shocks

What points at this work

Incoming claims: where this work appears in other papers’ reference lists and arguments.

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Investor Risk Appetite and High-Beta Stock Valuation Around Macroeconomic Announcements
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A Risk-Centric Motive for the Financialization of Nonfinancial Firms in China
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Downside Belief Disagreements and Financial Instability: Evidence from Risk Factor Disclosures in U.S. Financial Institutions’ 10-K Filings
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Balancing acts: The relationship between corporate environmental irresponsibility, charitable donations, and financial performance
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The Impact of AI News on Default Risk of Chinese Listed Companies: Forecasting Based on Deep Learning
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Optimal Investment-reinsurance Strategies for an Insurer with Options Trading Under Model Ambiguity
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Spillover dynamics effects between risk-neutral equity and Treasury volatilities
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Unraveling asset pricing with AI: A systematic literature review
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Measuring firm-level manager risk perception
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Downside belief disagreements and financial instability: Evidence from risk factor disclosures in U.S. financial institutions’ 10-K filings
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Understanding Bank-Level Uncertainty: New insights into banking activity and its macroeconomic impacts
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Risk appetite and option prices: Evidence from the Chinese SSE50 options market
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Financial market risk perceptions and mergers and acquisitions
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Examining the Asymmetric Impact of Macroeconomic Policy in the Uae: Evidence from Quartile Impulse Responses and Machine Learning
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Diagnostic expectations and cryptocurrency returns
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Macroeconomic perceptions, financial constraints, and anomalies
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Back to the 1980s or not? The drivers of inflation and real risks in Treasury bonds
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Climbing and falling off the ladder: Asset pricing implications of labor market event risk
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The impact of introducing a (nearly) redundant security: Evidence from Malaysian corporate bonds
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Are higher U.S. interest rates always bad news for emerging markets?
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Liquidity risk, market power and the informational effects of policy
inferred← citeshttps://doi.org/10.1016/j.jmoneco.2021.12.004openalex-snapshot
Dynamics of bond and stock returns
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Overreaction and macroeconomic fluctuation of the external balance
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Impact of global changes in the business environment in relation to risk management
inferred← citeshttps://doi.org/10.1080/15427560.2025.2489449openalex-snapshot
Subjective Risk Perceptions and Peer Effects: Evidence from a Laboratory Experiment Using Cryptocurrency
inferred← citeshttps://doi.org/10.1093/ej/ueaf127openalex-snapshot
News Shocks, Precautionary Saving and Frictional Labour Markets
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Uncertainty, Investment and Productivity with Relational Contracts
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A Risk-Centric Model of Demand Recessions and Speculation*
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Economic-State Variation in Uncertainty-Yield Dynamics
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A Macro-Finance Model with Sentiment
inferred← citeshttps://doi.org/10.1093/rfs/hhab036openalex-snapshot
A Model of Endogenous Risk Intolerance and LSAPs: Asset Prices and Aggregate Demand in a “COVID-19” Shock
inferred← citeshttps://doi.org/10.1093/rfs/hhab077openalex-snapshot
Intermediaries and Asset Prices: International Evidence since 1870
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The Impact of Risk Cycles on Business Cycles: A Historical View
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The Persistence of Miscalibration
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Financial market uncertainty and the macro economy: the role of governance and institutional quality
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Risk Perceptions and Corporate Financing Behavior
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High‐beta stock valuation around macroeconomic announcements
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Consumer Investment Behaviour: A Systematic Review Using TCM and ADO Frameworks
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Going the Extra Mile: Distant Lending and Credit Cycles
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Small Business Equity Returns: Empirical Evidence from the Business Credit Card Securitization Market
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D: Management, Accounting and Technology
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The Macroeconomics of Financial Speculation
inferred← citeshttps://doi.org/10.1146/annurev-financial-082123-105900openalex-snapshot
Central Banks, Stock Markets, and the Real Economy
inferred← citeshttps://doi.org/10.1257/aer.20211820openalex-snapshot
Real Credit Cycles
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Corporate Discount Rates
inferred← citeshttps://doi.org/10.12660/rbfin.v17n4.2019.78914openalex-snapshot
The natural yield curve in Brazil
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The Time Variation in Risk Appetite and Uncertainty
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Analysis of Behavioural Factors Influencing Investment Decisions: A Literature Review
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Can systematic skewness factors predict future interest rates: Evidence from China
inferred← citeshttps://doi.org/10.2139/ssrn.2471342openalex-snapshot
Climbing and Falling Off the Ladder: Asset Pricing Implications of Labor Market Event Risk
inferred← citeshttps://doi.org/10.2139/ssrn.2595352openalex-snapshot
Dynamics of Bond and Stock Returns
inferred← citeshttps://doi.org/10.2139/ssrn.3069078openalex-snapshot
The Time Variation in Risk Appetite and Uncertainty
inferred← citeshttps://doi.org/10.2139/ssrn.3230565openalex-snapshot
Income Tax Shocks, Political Cycles, and Asset Prices
inferred← citeshttps://doi.org/10.2139/ssrn.3249677openalex-snapshot
Leverage Cycles in a Mature Asset Class: New Evidence From Commercial Property Markets
inferred← citeshttps://doi.org/10.2139/ssrn.3462107openalex-snapshot
The Persistence of Miscalibration
inferred← citeshttps://doi.org/10.2139/ssrn.3520925openalex-snapshot
Monetary Policy, Redistribution, and Risk Premia
inferred← citeshttps://doi.org/10.2139/ssrn.3546005openalex-snapshot
The Expected Return on Risky Assets: International Long-run Evidence
inferred← citeshttps://doi.org/10.2139/ssrn.3572839openalex-snapshot
Fiscal Constraints and Corporate Discount Rates
inferred← citeshttps://doi.org/10.2139/ssrn.3576979openalex-snapshot
A Model of Endogenous Risk Intolerance and LSAPs: Asset Prices and Aggregate Demand in a 'COVID-19' Shock
inferred← citeshttps://doi.org/10.2139/ssrn.3690077openalex-snapshot
Asset Pricing Around Anticipated Announcements: A Swing of Three Days
inferred← citeshttps://doi.org/10.2139/ssrn.3728730openalex-snapshot
Variance Discount Rates: What Drives Preferences over Variance Risk?
inferred← citeshttps://doi.org/10.2139/ssrn.3741486openalex-snapshot
Precautionary Savings and the Stock-Bond Covariance
inferred← citeshttps://doi.org/10.2139/ssrn.3852463openalex-snapshot
Risk Aversion Spillover: Evidence from Financial Markets and Controlled Experiments
inferred← citeshttps://doi.org/10.2139/ssrn.3878105openalex-snapshot
Valuation of an Option to Exchange one Powered Bond for Another
inferred← citeshttps://doi.org/10.2139/ssrn.3929832openalex-snapshot
Banking Sector Expectations and Financial Stability
inferred← citeshttps://doi.org/10.2139/ssrn.3944887openalex-snapshot
Heterogeneous Investors and Stock Market Fluctuations
inferred← citeshttps://doi.org/10.2139/ssrn.3998381openalex-snapshot
Banking with an Overreaction
inferred← citeshttps://doi.org/10.2139/ssrn.4039296openalex-snapshot
Extrapolation and Risk-Return Trade-offs
inferred← citeshttps://doi.org/10.2139/ssrn.4098615openalex-snapshot
Back to the Real Economy: The Effects of Risk Mispricing on the Term Premium and Bank Lending
inferred← citeshttps://doi.org/10.2139/ssrn.4113332openalex-snapshot
A Monetary Policy Asset Pricing Model
inferred← citeshttps://doi.org/10.2139/ssrn.4131740openalex-snapshot
Noisy FOMC Returns? Information, Price Pressure, and Post-Announcement Reversals
inferred← citeshttps://doi.org/10.2139/ssrn.4134928openalex-snapshot
A Monetary Policy Asset Pricing Model
inferred← citeshttps://doi.org/10.2139/ssrn.4160186openalex-snapshot
Corporate Discount Rates
inferred← citeshttps://doi.org/10.2139/ssrn.4190475openalex-snapshot
Risk Perceptions and Corporate Investment and Financing Behaviors
inferred← citeshttps://doi.org/10.2139/ssrn.4349554openalex-snapshot
Back to the 1980s or Not? The Drivers of Inflation and Real Risks in Treasury Bonds
inferred← citeshttps://doi.org/10.2139/ssrn.4449905openalex-snapshot
What Drives Stock Prices in a Bubble?
inferred← citeshttps://doi.org/10.2139/ssrn.4477545openalex-snapshot
Corporate Discount Rates
inferred← citeshttps://doi.org/10.2139/ssrn.4547568openalex-snapshot
Financial Market Inflation Perception and Firm Investments
inferred← citeshttps://doi.org/10.2139/ssrn.4623331openalex-snapshot
Investor Risk Appetite and High-Beta Stock Valuation Around Macroeconomic Announcements
inferred← citeshttps://doi.org/10.2139/ssrn.4896975openalex-snapshot
Downside Belief Disagreements and Financial Instability: Evidence from Risk Factor Disclosures in U.S. Financial Institutions' 10-K Filings
inferred← citeshttps://doi.org/10.2139/ssrn.5033395openalex-snapshot
Macroeconomic Effects of Investor Superstition
inferred← citeshttps://doi.org/10.2139/ssrn.5040540openalex-snapshot
Financial Conditions Targeting
inferred← citeshttps://doi.org/10.2139/ssrn.5052623openalex-snapshot
Product Market Advertising and Market Perception of Climate Change Exposure
inferred← citeshttps://doi.org/10.2139/ssrn.5053291openalex-snapshot
Financial Market Perception and Climate Political Leadership
inferred← citeshttps://doi.org/10.2139/ssrn.5089257openalex-snapshot
Behavioral Impulse Responses
inferred← citeshttps://doi.org/10.2139/ssrn.5136013openalex-snapshot
Stock Return Extrapolation, Momentum, and Option Prices
inferred← citeshttps://doi.org/10.2139/ssrn.5346558openalex-snapshot
Value and Momentum Leftovers
inferred← citeshttps://doi.org/10.2139/ssrn.5353008openalex-snapshot
Macroeconomic Effects of Investor Superstition
inferred← citeshttps://doi.org/10.2139/ssrn.5380505openalex-snapshot
Unraveling Asset Pricing with AI: A Systematic Literature Review
inferred← citeshttps://doi.org/10.2139/ssrn.5544180openalex-snapshot
Real Effects of Bernanke-Kuttner: The Risk Channel of Monetary Policy Announcement on Corporate Investment
inferred← citeshttps://doi.org/10.2139/ssrn.5575599openalex-snapshot
Bond-Stock Comovements
inferred← citeshttps://doi.org/10.2139/ssrn.6225891openalex-snapshot
Financial Market Inflation Perception and Firm Investments ∗
inferred← citeshttps://doi.org/10.22495/cbsrv5i1siart2openalex-snapshot
Do equity investors’ socio economic identities have association with their perceived risk? Evidence from the emerging market
inferred← citeshttps://doi.org/10.2478/amns.2022.2.0174openalex-snapshot
A Study on the Application of Quantile Regression Equation in Forecasting Financial Value at Risk in Financial Markets
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اختبارات الضغط وسيناريوهات الصدمات: مدخل لبناء أنموذج لتأثير العوامل المالية في التنبؤ بالمخاطر المصرفية دراسة مقارنة لعينة من المصارف التجارية في العراق، قطر، الولايات المتحدة الأمريكية للفترة 2011 – 2021
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A Model of Endogenous Risk Intolerance and LSAPs: Asset Prices and Aggregate Demand in a “Covid-19” Shock
inferred← citeshttps://doi.org/10.3386/w27283openalex-snapshot
Belief Overreaction and Stock Market Puzzles
inferred← citeshttps://doi.org/10.3386/w28416openalex-snapshot
Real Credit Cycles
inferred← citeshttps://doi.org/10.3386/w28869openalex-snapshot
Monetary Policy, Redistribution, and Risk Premia
inferred← citeshttps://doi.org/10.3386/w30921openalex-snapshot
Back to the 1980s or Not? The Drivers of Inflation and Real Risks in Treasury Bonds
inferred← citeshttps://doi.org/10.3386/w31329openalex-snapshot
Corporate Discount Rates
inferred← citeshttps://doi.org/10.3386/w32053openalex-snapshot
Central Banks, Stock Markets, and the Real Economy
inferred← citeshttps://doi.org/10.36399/degrowth.002.01.04openalex-snapshot
"Degrowth and capitalist power: A step towards a theory of change"
inferred← citeshttps://doi.org/10.37815/rte.v33n1.802openalex-snapshot
Trasmisión de volatilidad del covid-19 a los precios de acciones del sector bancario e industrial de Sudamérica, México y Estados Unidos
inferred← citeshttps://doi.org/10.3846/jbem.2023.20232openalex-snapshot
OPINIONS OF OWNERS AND MANAGERS ON THE BUSINESS RISKS OF SMES SUSTAINABILITY: DOES GENDER MATTER?
inferred← citeshttps://doi.org/10.3982/ecta18014openalex-snapshot
Monetary Policy, Redistribution, and Risk Premia
inferred← citeshttps://doi.org/10.4018/979-8-3693-8151-9.ch009openalex-snapshot
Integrating IoB in Smart Education
inferred← citeshttps://doi.org/10.5089/9798400279287.001openalex-snapshot
The Diagnostic Financial Accelerator
inferred← citeshttps://doi.org/10.5937/intrev2504108topenalex-snapshot
The implications of environmental uncertainty on enterprise operations, financing, and investments: A systematic literature review
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