ASSIGNMENT

Empirical methods in accounting
1. Discuss the empirical designs in (i) Yu and Yuan (2011) and Wang (20180), and (ii) Wang (2018b) and Wang and Danbury (2021)

2. Critically review literature, and summarise and evaluate approaches to construct proxies for investor sentiment.

3. Suppose that you decide to extend Wang (2221) to another developed market. Select the market and justify your selection.

4. For the selected market, show present and interpret descriptive statistics of stock returns for the whole sample period, along with high- and low-sentiment periods.

5. Use the rolling window method to filter conditional volatility. Present and interpret descriptive statistics of conditional volatility for the whole sample period, along with high- and low-sentiment periods.

6. Examine the mean-variance relation for the whole sample period, along with high- and low-sentiment periods. Interpret.

Use journals provided in the paper to explain theoretical underpinning and empirical methods in accounting, each question has a different method. Requirements are found in the doccument, descriptive analysis to be included with data tables or graphs. Using spss to analyse data sets.