Sentiment and stock prices: The case of aviation disasters

By G. Kaplanski, Haim Levy. 2010

569 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/8e011a310a422e05b0e2fba723271a7f0d08dde7

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Citations in the corpus

The COVID-19 Outbreak and Affected Countries Stock Markets Response (2020, background): “Kaplanski and Levy [15] suggest that investment decisions can be affected by bad mood and anxiety and that anxious individuals may be more pessimistic about future returns and therefore tend to take fewer risks.”
The impacts of COVID-19 on the global airline industry: An event study approach (2020, background): “Similar events can be seen in the catastrophic shocks from airline disasters (Kaplanski and Levy, 2010), the September 11, 2001 attacks (Gillen and Lall, 2003), and the impact of Severe Acute Respiratory Syndrome (SARS) on airline stocks (Loh, 2006).”
COVID–19’s Impact on Stock Prices Across Different Sectors—An Event Study Based on the Chinese Stock Market (2020, background): “Kaplanski and Levy (2010) discuss the impact of aviation accidents on stock prices and believe that unstable stock prices are more vulnerable to this effect.”
Geopolitical risks and the oil-stock nexus over 1899–2016 (2017, background): “Ample empirical evidence shows that economic agents and markets react to exogenous incidents – anthropogenic or natural, adjust and adapt to the broader political environment as it evolves and changes (inter alia: Pástor and Veronesi, 2013; Kaplanski and Levy, 2010; Berkman et al. 2011; Hudson and U”
Googling Investor Sentiment around the World (2019, unknown): “Disasters such as airline crashes lead to negative mood and anxiety, which negatively affect stock prices (Kaplanski and Levy (2010)).”
Cognitive Dissonance, Sentiment, and Momentum (2012, background): “The level of the VIX may also be related to sentiment, as shown by Kaplanski and Levy (2010).”
War and stock markets: The effect of World War Two on the British stock market (2015, background): “Similar ‘negativity effects’ are also supported in the literature by Kaplanski and Levy (2010) who find that the stock market losses of aviation disasters are substantially larger than that of the actual costs of the disasters, while Edmans et al (2007) find a country’s unexpected loss in a sporting”
More than words: Social networks' text mining for consumer brand sentiments (2013, background): “Other studies investigated the relationship between investors’ sentiments and other factors such as stock returns following a major earthquake (Shan & Gong, 2012), air disasters involving US vs. foreign airlines (Kaplanski & Levy, 2010) and local sports events (Chang, Chen, Chou, & Lin, 2012).”