{"id":"https://openalex.org/W2074474910","doi":"https://doi.org/10.1080/13504850110112567","title":"Is differential sentiment a cause of closed-end country fund premia? An empirical examination of the Australian case","display_name":"Is differential sentiment a cause of closed-end country fund premia? An empirical examination of the Australian case","publication_year":2002,"publication_date":"2002-07-01","ids":{"openalex":"https://openalex.org/W2074474910","doi":"https://doi.org/10.1080/13504850110112567","mag":"2074474910"},"language":"en","primary_location":{"id":"doi:10.1080/13504850110112567","doi":"https://doi.org/10.1080/13504850110112567","is_oa":false,"landing_page_url":"https://doi.org/10.1080/13504850110112567","pdf_url":null,"source":{"id":"https://openalex.org/S96544531","display_name":"Applied Economics Letters","issn_l":"1350-4851","issn":["1350-4851","1466-4291"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","jufo-1","norway-1","poland-40","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Applied Economics Letters","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5088329364","display_name":"Marc William Simpson","orcid":"https://orcid.org/0000-0002-2351-1458","observed_orcids":["https://orcid.org/0000-0002-2351-1458"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Marc W. Simpson","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5104355820","display_name":"Sanjay Ramchander","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Sanjay Ramchander","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":18,"citation_normalized_percentile":{"value":0.33524246,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":97},"biblio":{"volume":"9","issue":"9","first_page":"615","last_page":"619"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/closed-end-funds","display_name":"closed-end funds","score":0.8500000238418579},{"id":"https://openalex.org/keywords/country-funds","display_name":"country funds","score":0.9020000100135803},{"id":"https://openalex.org/keywords/fund-discounts","display_name":"fund discounts","score":0.675000011920929},{"id":"https://openalex.org/keywords/investor-sentiment","display_name":"investor sentiment","score":0.9120000004768372},{"id":"https://openalex.org/keywords/consumer-confidence","display_name":"consumer confidence","score":0.7149999737739563},{"id":"https://openalex.org/keywords/foreign-investors","display_name":"foreign investors","score":0.6230000257492065},{"id":"https://openalex.org/keywords/domestic-investors","display_name":"domestic investors","score":0.890999972820282},{"id":"https://openalex.org/keywords/net-asset-value","display_name":"net asset value","score":0.7419999837875366},{"id":"https://openalex.org/keywords/exchange-rate-effects","display_name":"exchange rate effects","score":0.4959999918937683},{"id":"https://openalex.org/keywords/australian-capital-markets","display_name":"Australian capital markets","score":0.3779999911785126}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6019651293754578},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.45683735609054565},{"id":"https://openalex.org/C76178495","wikidata":"https://www.wikidata.org/wiki/Q4808784","display_name":"Asset (computer security)","level":2,"score":0.44452521204948425},{"id":"https://openalex.org/C74514629","wikidata":"https://www.wikidata.org/wiki/Q1640570","display_name":"Net asset value","level":2,"score":0.43922159075737},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.4046921730041504},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.3509882092475891},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.21682986617088318},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1080/13504850110112567","doi":"https://doi.org/10.1080/13504850110112567","is_oa":false,"landing_page_url":"https://doi.org/10.1080/13504850110112567","pdf_url":null,"source":{"id":"https://openalex.org/S96544531","display_name":"Applied Economics Letters","issn_l":"1350-4851","issn":["1350-4851","1466-4291"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","jufo-1","norway-1","poland-40","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Applied Economics Letters","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:taf:apeclt:v:9:y:2002:i:9:p:615-619","doi":null,"is_oa":false,"landing_page_url":"http://www.informaworld.com/openurl?genre=article&doi=10.1080/13504850110112567&magic=repec&7C&7C8674ECAB8BB840C6AD35DC6213A474B5","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":16,"referenced_works":["https://openalex.org/W28607594","https://openalex.org/W1545320773","https://openalex.org/W1975586298","https://openalex.org/W2015747671","https://openalex.org/W2025038423","https://openalex.org/W2037432647","https://openalex.org/W2043159917","https://openalex.org/W2052758069","https://openalex.org/W2092322244","https://openalex.org/W2101753425","https://openalex.org/W2129701097","https://openalex.org/W2173268511","https://openalex.org/W2613336794","https://openalex.org/W3204170628","https://openalex.org/W4229872939","https://openalex.org/W4290016560"],"related_works":["https://openalex.org/W2426044664","https://openalex.org/W192106158","https://openalex.org/W2129701097","https://openalex.org/W2068859084","https://openalex.org/W1564392893","https://openalex.org/W7028240174","https://openalex.org/W2096301224","https://openalex.org/W3023696353","https://openalex.org/W3125261084","https://openalex.org/W4320078617"],"abstract_inverted_index":{"One":[0],"of":[1,12,22,47,78],"the":[2,10,17,29,39,74,83,105,114,116,119],"most":[3],"puzzling":[4],"empirical":[5],"irregularities":[6],"in":[7,49,72],"finance":[8],"is":[9,102],"persistence":[11],"discounts":[13,79],"and":[14,51,59,80,91,121],"premia":[15,43,81],"on":[16,82,118],"net":[18],"asset":[19],"values":[20],"(NAV)":[21],"closed-end":[23],"country":[24],"funds.":[25],"Unlike":[26],"previous":[27],"papers,":[28],"present":[30],"study":[31,56],"adopts":[32],"a":[33,45],"novel":[34],"approach":[35],"to":[36,64],"directly":[37],"test":[38],"hypothesis":[40],"that":[41,104],"such":[42],"are":[44,70,110],"reflection":[46],"differences":[48],"foreign":[50,90],"domestic":[52,92],"investors'":[53],"sentiments.":[54],"The":[55],"employs":[57],"Australian":[58,85,112],"US":[60,108],"consumer":[61,68],"survey":[62],"data":[63],"illustrate":[65],"how":[66],"divergent":[67],"sentiments":[69],"useful":[71],"explaining":[73],"time":[75],"varying":[76],"pattern":[77],"First":[84],"Fund.":[86],"While":[87],"controlling":[88],"for":[89],"market":[93],"returns,":[94],"as":[95,97],"well":[96],"exchange":[98],"rate":[99],"changes,":[100],"it":[101],"found":[103],"more":[106],"optimistic":[107],"consumers":[109],"over":[111],"consumers,":[113],"greater":[115],"premium":[117],"fund,":[120],"vice":[122],"versa.":[123]},"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2015,"cited_by_count":2},{"year":2013,"cited_by_count":1},{"year":2012,"cited_by_count":3}],"updated_date":"2026-10-14T16:39:01.820549","created_date":"2016-06-24T00:00:00"}
