hackduitz

In my research I am not only working on credit and credit risk but I also focus on financial stability, performance measures, commercial microfinance, and market behavior in general. I have also written academic papers on the use of news aggregators in finance. Considering the recent Chinese stock market correction, my latest paper on this topic turned out to be very timely! In the paper Byström (2014) “ Language, News and Volatility ” I use Google News to study the relation between news volumes in both English and Chinese and stock market volatilities in China and elsewhere. In collect more than nine million stock market-related news stories in English and (Mandarin) Chinese and find that the stock market volatility and the number of publicly available global news stories are strongly linked to each other both in English- and Chinese language. The relationship between news and volatility is weakest in mainland China, however, and a possible reason for this is that Chinese retail inv