Table A.3.
Google search query on investor sentiment and fear.
| Panel A. Investor sentiment query | ||||||||
|---|---|---|---|---|---|---|---|---|
| Positive sentiment list | Negative sentiment list | |||||||
| Up | Most | Record | Gain | Downs | Foreclosing | Dips | Reduction | |
| Highs | Biggest | Strengthen | Very | Low | Slow | Concerning | Cool | |
| Increasing | Fastest | Good | Falling | Contract | Flattening | Crisis | ||
| Rise | Best | Booming | Declining | Recession | Worrying | Weaken | ||
| Great | Pushing | Well | Dropping | Bubble | Stopping | |||
| Panel B. Investor fear query | ||||||||
| Corona | Virus | Sars | Mers | Epidemic | Infected | |||
Notes: This table reports the Google search queries for constructing investor sentiment and investor fear measurements.