Gholampour, Vahid, Wincoop, Eric van, (2017), “What we can learn from euro-dollar tweets”, Vox Eu, 15 Μαΐου 2017
Research on the microstructure of foreign exchange (FX) has established the importance of private information for the determination of exchange rates. But private information is, by definition, unobservable. In social media, large numbers of people directly express their opinions about the direction of asset prices. Other studies, such as Antweiler and Frank (2004) and Das and Chen (2007), have investigated information content of online messages. In our recent work, we investigate the information content of opinions on one asset price, and ask how profitable trading based on this information would be (Gholampour and van Wincoop 2017).
Σχετικές Αναρτήσεις
- “The international role of the euro”,European Central Bank, (2016), ECB, Ιούνιος
- Kahn, Robert, (2017), “France After the Election: What Next for Economic Policy in Europe?”, CFR, 24 Απριλίου