id	sid	tid	token	lemma	pos
ejge-10225	1	1	the	the	DET
ejge-10225	1	2	authors	author	NOUN
ejge-10225	1	3	2024	2024	NUM
ejge-10225	1	4	.	.	PUNCT
ejge-10225	2	1	this	this	PRON
ejge-10225	2	2	is	be	AUX
ejge-10225	2	3	an	an	DET
ejge-10225	2	4	open	open	ADJ
ejge-10225	2	5	access	access	NOUN
ejge-10225	2	6	article	article	NOUN
ejge-10225	2	7	distributed	distribute	VERB
ejge-10225	2	8	under	under	ADP
ejge-10225	2	9	the	the	DET
ejge-10225	2	10	terms	term	NOUN
ejge-10225	2	11	of	of	ADP
ejge-10225	2	12	the	the	DET
ejge-10225	2	13	creative	creative	ADJ
ejge-10225	2	14	commons	common	NOUN
ejge-10225	2	15	attribution	attribution	NOUN
ejge-10225	2	16	-	-	PUNCT
ejge-10225	2	17	noncommercial	noncommercial	ADJ
ejge-10225	2	18	4.0	4.0	NUM
ejge-10225	2	19	international	international	ADJ
ejge-10225	2	20	license	license	NOUN
ejge-10225	2	21	vol	vol	NOUN
ejge-10225	2	22	.	.	PUNCT
ejge-10225	3	1	13	13	NUM
ejge-10225	3	2	,	,	PUNCT
ejge-10225	3	3	no	no	INTJ
ejge-10225	3	4	.	.	NOUN
ejge-10225	3	5	2	2	NUM
ejge-10225	3	6	(	(	PUNCT
ejge-10225	3	7	2024	2024	NUM
ejge-10225	3	8	)	)	PUNCT
ejge-10225	3	9	,	,	PUNCT
ejge-10225	3	10	pages	page	VERB
ejge-10225	3	11	165	165	NUM
ejge-10225	3	12	-	-	SYM
ejge-10225	3	13	188	188	NUM
ejge-10225	3	14	https://doi.org/10.17979/ejge.2024.13.2.10225	https://doi.org/10.17979/ejge.2024.13.2.10225	NUM
ejge-10225	3	15	submitted	submit	VERB
ejge-10225	3	16	:	:	PUNCT
ejge-10225	3	17	dec	dec	PROPN
ejge-10225	3	18	29	29	NUM
ejge-10225	3	19	,	,	PUNCT
ejge-10225	3	20	2023	2023	NUM
ejge-10225	3	21	accepted	accept	VERB
ejge-10225	3	22	:	:	PUNCT
ejge-10225	3	23	may	may	AUX
ejge-10225	3	24	23	23	NUM
ejge-10225	3	25	,	,	PUNCT
ejge-10225	3	26	2024	2024	NUM
ejge-10225	3	27	published	publish	VERB
ejge-10225	3	28	:	:	PUNCT
ejge-10225	3	29	dec	dec	PROPN
ejge-10225	3	30	3	3	NUM
ejge-10225	3	31	,	,	PUNCT
ejge-10225	3	32	2024	2024	NUM
ejge-10225	3	33	article	article	NOUN
ejge-10225	3	34	investor	investor	NOUN
ejge-10225	3	35	sentiment	sentiment	NOUN
ejge-10225	3	36	and	and	CCONJ
ejge-10225	3	37	euro	euro	PROPN
ejge-10225	3	38	area	area	PROPN
ejge-10225	3	39	etfs	etfs	PROPN
ejge-10225	3	40	:	:	PUNCT
ejge-10225	3	41	an	an	DET
ejge-10225	3	42	empirical	empirical	ADJ
ejge-10225	3	43	analysis	analysis	NOUN
ejge-10225	3	44	of	of	ADP
ejge-10225	3	45	consumer	consumer	NOUN
ejge-10225	3	46	behaviour	behaviour	NOUN
ejge-10225	3	47	pavlo	pavlo	ADJ
ejge-10225	3	48	dziuba,1	dziuba,1	NOUN
ejge-10225	3	49	,	,	PUNCT
ejge-10225	3	50	*	*	PUNCT
ejge-10225	3	51	maryna	maryna	NOUN
ejge-10225	3	52	hrysenko,1	hrysenko,1	X
ejge-10225	3	53	kyryl	kyryl	ADJ
ejge-10225	3	54	shtogrin1	shtogrin1	NOUN
ejge-10225	3	55	1	1	NUM
ejge-10225	3	56	taras	taras	PROPN
ejge-10225	3	57	shevchenko	shevchenko	PROPN
ejge-10225	3	58	national	national	PROPN
ejge-10225	3	59	university	university	PROPN
ejge-10225	3	60	of	of	ADP
ejge-10225	3	61	kyiv	kyiv	PROPN
ejge-10225	3	62	,	,	PUNCT
ejge-10225	3	63	ukraine	ukraine	NOUN
ejge-10225	3	64	*	*	PUNCT
ejge-10225	3	65	correspondence	correspondence	NOUN
ejge-10225	3	66	:	:	PUNCT
ejge-10225	3	67	pavlo_dziuba@ukr.net	pavlo_dziuba@ukr.net	NOUN
ejge-10225	3	68	abstract	abstract	NOUN
ejge-10225	3	69	.	.	PUNCT
ejge-10225	4	1	the	the	DET
ejge-10225	4	2	goal	goal	NOUN
ejge-10225	4	3	of	of	ADP
ejge-10225	4	4	this	this	DET
ejge-10225	4	5	article	article	NOUN
ejge-10225	4	6	is	be	AUX
ejge-10225	4	7	to	to	PART
ejge-10225	4	8	study	study	VERB
ejge-10225	4	9	the	the	DET
ejge-10225	4	10	relationship	relationship	NOUN
ejge-10225	4	11	between	between	ADP
ejge-10225	4	12	investor	investor	NOUN
ejge-10225	4	13	sentiment	sentiment	NOUN
ejge-10225	4	14	and	and	CCONJ
ejge-10225	4	15	euro	euro	NOUN
ejge-10225	4	16	area	area	NOUN
ejge-10225	4	17	exchange	exchange	NOUN
ejge-10225	4	18	traded	trade	VERB
ejge-10225	4	19	funds	fund	NOUN
ejge-10225	4	20	(	(	PUNCT
ejge-10225	4	21	etfs	etfs	PROPN
ejge-10225	4	22	)	)	PUNCT
ejge-10225	4	23	,	,	PUNCT
ejge-10225	4	24	providing	provide	VERB
ejge-10225	4	25	insights	insight	NOUN
ejge-10225	4	26	into	into	ADP
ejge-10225	4	27	the	the	DET
ejge-10225	4	28	dynamics	dynamic	NOUN
ejge-10225	4	29	of	of	ADP
ejge-10225	4	30	market	market	NOUN
ejge-10225	4	31	behaviour	behaviour	NOUN
ejge-10225	4	32	and	and	CCONJ
ejge-10225	4	33	the	the	DET
ejge-10225	4	34	impact	impact	NOUN
ejge-10225	4	35	of	of	ADP
ejge-10225	4	36	consumer	consumer	NOUN
ejge-10225	4	37	behaviour	behaviour	NOUN
ejge-10225	4	38	on	on	ADP
ejge-10225	4	39	investment	investment	NOUN
ejge-10225	4	40	patterns	pattern	NOUN
ejge-10225	4	41	within	within	ADP
ejge-10225	4	42	the	the	DET
ejge-10225	4	43	eurozone	eurozone	NOUN
ejge-10225	4	44	.	.	PUNCT
ejge-10225	5	1	this	this	DET
ejge-10225	5	2	paper	paper	NOUN
ejge-10225	5	3	has	have	AUX
ejge-10225	5	4	employed	employ	VERB
ejge-10225	5	5	panel	panel	NOUN
ejge-10225	5	6	data	datum	NOUN
ejge-10225	5	7	analysis	analysis	NOUN
ejge-10225	5	8	,	,	PUNCT
ejge-10225	5	9	correlation	correlation	NOUN
ejge-10225	5	10	analysis	analysis	NOUN
ejge-10225	5	11	,	,	PUNCT
ejge-10225	5	12	regression	regression	VERB
ejge-10225	5	13	analysis	analysis	NOUN
ejge-10225	5	14	,	,	PUNCT
ejge-10225	5	15	and	and	CCONJ
ejge-10225	5	16	the	the	DET
ejge-10225	5	17	granger	granger	PROPN
ejge-10225	5	18	causality	causality	PROPN
ejge-10225	5	19	test	test	NOUN
ejge-10225	5	20	to	to	PART
ejge-10225	5	21	investigate	investigate	VERB
ejge-10225	5	22	the	the	DET
ejge-10225	5	23	relationship	relationship	NOUN
ejge-10225	5	24	between	between	ADP
ejge-10225	5	25	etfs	etfs	PROPN
ejge-10225	5	26	and	and	CCONJ
ejge-10225	5	27	the	the	DET
ejge-10225	5	28	consumer	consumer	NOUN
ejge-10225	5	29	confidence	confidence	NOUN
ejge-10225	5	30	index	index	NOUN
ejge-10225	5	31	(	(	PUNCT
ejge-10225	5	32	cci	cci	PROPN
ejge-10225	5	33	)	)	PUNCT
ejge-10225	5	34	.	.	PUNCT
ejge-10225	6	1	results	result	NOUN
ejge-10225	6	2	suggest	suggest	VERB
ejge-10225	6	3	that	that	SCONJ
ejge-10225	6	4	cci	cci	PROPN
ejge-10225	6	5	significantly	significantly	ADV
ejge-10225	6	6	negatively	negatively	ADV
ejge-10225	6	7	affects	affect	VERB
ejge-10225	6	8	etf	etf	NOUN
ejge-10225	6	9	pricing	pricing	NOUN
ejge-10225	6	10	.	.	PUNCT
ejge-10225	7	1	while	while	SCONJ
ejge-10225	7	2	a	a	DET
ejge-10225	7	3	weak	weak	ADJ
ejge-10225	7	4	positive	positive	ADJ
ejge-10225	7	5	correlation	correlation	NOUN
ejge-10225	7	6	and	and	CCONJ
ejge-10225	7	7	regression	regression	NOUN
ejge-10225	7	8	relationship	relationship	NOUN
ejge-10225	7	9	between	between	ADP
ejge-10225	7	10	ishares	ishares	PROPN
ejge-10225	7	11	msci	msci	PROPN
ejge-10225	7	12	eurozone	eurozone	NOUN
ejge-10225	7	13	etf	etf	NOUN
ejge-10225	7	14	prices	price	NOUN
ejge-10225	7	15	and	and	CCONJ
ejge-10225	7	16	cci	cci	PROPN
ejge-10225	7	17	19	19	NUM
ejge-10225	7	18	euro	euro	PROPN
ejge-10225	7	19	area	area	NOUN
ejge-10225	7	20	markets	market	NOUN
ejge-10225	7	21	have	have	AUX
ejge-10225	7	22	been	be	AUX
ejge-10225	7	23	found	find	VERB
ejge-10225	7	24	,	,	PUNCT
ejge-10225	7	25	the	the	DET
ejge-10225	7	26	granger	granger	PROPN
ejge-10225	7	27	causality	causality	PROPN
ejge-10225	7	28	test	test	NOUN
ejge-10225	7	29	did	do	AUX
ejge-10225	7	30	not	not	PART
ejge-10225	7	31	provide	provide	VERB
ejge-10225	7	32	evidence	evidence	NOUN
ejge-10225	7	33	of	of	ADP
ejge-10225	7	34	a	a	DET
ejge-10225	7	35	causal	causal	ADJ
ejge-10225	7	36	relationship	relationship	NOUN
ejge-10225	7	37	between	between	ADP
ejge-10225	7	38	the	the	DET
ejge-10225	7	39	two	two	NUM
ejge-10225	7	40	variables	variable	NOUN
ejge-10225	7	41	.	.	PUNCT
ejge-10225	8	1	other	other	ADJ
ejge-10225	8	2	factors	factor	NOUN
ejge-10225	8	3	,	,	PUNCT
ejge-10225	8	4	such	such	ADJ
ejge-10225	8	5	as	as	ADP
ejge-10225	8	6	financial	financial	ADJ
ejge-10225	8	7	stability	stability	NOUN
ejge-10225	8	8	,	,	PUNCT
ejge-10225	8	9	government	government	NOUN
ejge-10225	8	10	regulations	regulation	NOUN
ejge-10225	8	11	,	,	PUNCT
ejge-10225	8	12	and	and	CCONJ
ejge-10225	8	13	market	market	NOUN
ejge-10225	8	14	-	-	PUNCT
ejge-10225	8	15	specific	specific	ADJ
ejge-10225	8	16	factors	factor	NOUN
ejge-10225	8	17	,	,	PUNCT
ejge-10225	8	18	may	may	AUX
ejge-10225	8	19	also	also	ADV
ejge-10225	8	20	affect	affect	VERB
ejge-10225	8	21	etf	etf	NOUN
ejge-10225	8	22	prices	price	NOUN
ejge-10225	8	23	.	.	PUNCT
ejge-10225	9	1	the	the	DET
ejge-10225	9	2	study	study	NOUN
ejge-10225	9	3	concludes	conclude	VERB
ejge-10225	9	4	that	that	SCONJ
ejge-10225	9	5	,	,	PUNCT
ejge-10225	9	6	while	while	SCONJ
ejge-10225	9	7	cci	cci	PROPN
ejge-10225	9	8	may	may	AUX
ejge-10225	9	9	be	be	AUX
ejge-10225	9	10	important	important	ADJ
ejge-10225	9	11	,	,	PUNCT
ejge-10225	9	12	it	it	PRON
ejge-10225	9	13	should	should	AUX
ejge-10225	9	14	not	not	PART
ejge-10225	9	15	be	be	AUX
ejge-10225	9	16	the	the	DET
ejge-10225	9	17	only	only	ADJ
ejge-10225	9	18	factor	factor	NOUN
ejge-10225	9	19	considered	consider	VERB
ejge-10225	9	20	.	.	PUNCT
ejge-10225	10	1	keywords	keyword	NOUN
ejge-10225	10	2	:	:	PUNCT
ejge-10225	10	3	markets	market	NOUN
ejge-10225	10	4	;	;	PUNCT
ejge-10225	10	5	euro	euro	NOUN
ejge-10225	10	6	area	area	NOUN
ejge-10225	10	7	;	;	PUNCT
ejge-10225	10	8	confidence	confidence	NOUN
ejge-10225	10	9	index	index	NOUN
ejge-10225	10	10	;	;	PUNCT
ejge-10225	10	11	behavioural	behavioural	ADJ
ejge-10225	10	12	finance	finance	NOUN
ejge-10225	10	13	;	;	PUNCT
ejge-10225	10	14	european	european	ADJ
ejge-10225	10	15	exchange	exchange	PROPN
ejge-10225	10	16	traded	trade	VERB
ejge-10225	10	17	fund	fund	NOUN
ejge-10225	10	18	.	.	PUNCT
ejge-10225	11	1	jel	jel	PROPN
ejge-10225	11	2	classification	classification	NOUN
ejge-10225	11	3	:	:	PUNCT
ejge-10225	11	4	e22	e22	NOUN
ejge-10225	11	5	;	;	PUNCT
ejge-10225	11	6	g14	g14	PROPN
ejge-10225	11	7	1	1	NUM
ejge-10225	11	8	.	.	PUNCT
ejge-10225	12	1	introduction	introduction	NOUN
ejge-10225	12	2	the	the	DET
ejge-10225	12	3	exchange	exchange	NOUN
ejge-10225	12	4	traded	trade	VERB
ejge-10225	12	5	fund	fund	NOUN
ejge-10225	12	6	(	(	PUNCT
ejge-10225	12	7	etf	etf	NOUN
ejge-10225	12	8	)	)	PUNCT
ejge-10225	12	9	is	be	AUX
ejge-10225	12	10	a	a	DET
ejge-10225	12	11	popular	popular	ADJ
ejge-10225	12	12	investment	investment	NOUN
ejge-10225	12	13	vehicle	vehicle	NOUN
ejge-10225	12	14	(	(	PUNCT
ejge-10225	12	15	open	open	ADJ
ejge-10225	12	16	-	-	PUNCT
ejge-10225	12	17	end	end	NOUN
ejge-10225	12	18	investment	investment	NOUN
ejge-10225	12	19	fund	fund	NOUN
ejge-10225	12	20	traded	trade	VERB
ejge-10225	12	21	on	on	ADP
ejge-10225	12	22	the	the	DET
ejge-10225	12	23	stock	stock	NOUN
ejge-10225	12	24	exchange	exchange	NOUN
ejge-10225	12	25	)	)	PUNCT
ejge-10225	12	26	with	with	ADP
ejge-10225	12	27	the	the	DET
ejge-10225	12	28	main	main	ADJ
ejge-10225	12	29	purpose	purpose	NOUN
ejge-10225	12	30	of	of	ADP
ejge-10225	12	31	serving	serve	VERB
ejge-10225	12	32	as	as	ADP
ejge-10225	12	33	a	a	DET
ejge-10225	12	34	proxy	proxy	NOUN
ejge-10225	12	35	for	for	ADP
ejge-10225	12	36	a	a	DET
ejge-10225	12	37	reference	reference	NOUN
ejge-10225	12	38	index	index	NOUN
ejge-10225	12	39	(	(	PUNCT
ejge-10225	12	40	benchmark	benchmark	NOUN
ejge-10225	12	41	)	)	PUNCT
ejge-10225	12	42	,	,	PUNCT
ejge-10225	12	43	and	and	CCONJ
ejge-10225	12	44	its	its	PRON
ejge-10225	12	45	performance	performance	NOUN
ejge-10225	12	46	is	be	AUX
ejge-10225	12	47	usually	usually	ADV
ejge-10225	12	48	measured	measure	VERB
ejge-10225	12	49	through	through	ADP
ejge-10225	12	50	a	a	DET
ejge-10225	12	51	comparison	comparison	NOUN
ejge-10225	12	52	with	with	ADP
ejge-10225	12	53	the	the	DET
ejge-10225	12	54	underline	underline	ADJ
ejge-10225	12	55	benchmark	benchmark	NOUN
ejge-10225	12	56	’s	’s	PART
ejge-10225	12	57	performance	performance	NOUN
ejge-10225	12	58	(	(	PUNCT
ejge-10225	12	59	henriques	henrique	NOUN
ejge-10225	12	60	et	et	NOUN
ejge-10225	12	61	al	al	PROPN
ejge-10225	12	62	.	.	PROPN
ejge-10225	12	63	,	,	PUNCT
ejge-10225	12	64	2022	2022	NUM
ejge-10225	12	65	)	)	PUNCT
ejge-10225	12	66	.	.	PUNCT
ejge-10225	13	1	etf	etf	NOUN
ejge-10225	13	2	includes	include	VERB
ejge-10225	13	3	all	all	DET
ejge-10225	13	4	securities	security	NOUN
ejge-10225	13	5	(	(	PUNCT
ejge-10225	13	6	usually	usually	ADV
ejge-10225	13	7	stocks	stock	NOUN
ejge-10225	13	8	or	or	CCONJ
ejge-10225	13	9	bonds	bond	NOUN
ejge-10225	13	10	)	)	PUNCT
ejge-10225	13	11	that	that	PRON
ejge-10225	13	12	make	make	VERB
ejge-10225	13	13	up	up	ADP
ejge-10225	13	14	an	an	DET
ejge-10225	13	15	index	index	NOUN
ejge-10225	13	16	.	.	PUNCT
ejge-10225	14	1	however	however	ADV
ejge-10225	14	2	,	,	PUNCT
ejge-10225	14	3	there	there	PRON
ejge-10225	14	4	are	be	VERB
ejge-10225	14	5	a	a	DET
ejge-10225	14	6	few	few	ADJ
ejge-10225	14	7	etfs	etfs	NOUN
ejge-10225	14	8	that	that	PRON
ejge-10225	14	9	track	track	VERB
ejge-10225	14	10	indices	indice	VERB
ejge-10225	14	11	using	use	VERB
ejge-10225	14	12	derivatives	derivative	NOUN
ejge-10225	14	13	.	.	PUNCT
ejge-10225	15	1	the	the	DET
ejge-10225	15	2	main	main	ADJ
ejge-10225	15	3	benefit	benefit	NOUN
ejge-10225	15	4	of	of	ADP
ejge-10225	15	5	etfs	etfs	PROPN
ejge-10225	15	6	is	be	AUX
ejge-10225	15	7	the	the	DET
ejge-10225	15	8	opportunity	opportunity	NOUN
ejge-10225	15	9	to	to	PART
ejge-10225	15	10	get	get	VERB
ejge-10225	15	11	exposure	exposure	NOUN
ejge-10225	15	12	to	to	ADP
ejge-10225	15	13	a	a	DET
ejge-10225	15	14	basket	basket	NOUN
ejge-10225	15	15	of	of	ADP
ejge-10225	15	16	different	different	ADJ
ejge-10225	15	17	securities	security	NOUN
ejge-10225	15	18	,	,	PUNCT
ejge-10225	15	19	such	such	ADJ
ejge-10225	15	20	as	as	ADP
ejge-10225	15	21	stocks	stock	NOUN
ejge-10225	15	22	,	,	PUNCT
ejge-10225	15	23	bonds	bond	NOUN
ejge-10225	15	24	,	,	PUNCT
ejge-10225	15	25	and	and	CCONJ
ejge-10225	15	26	cryptocurrencies	cryptocurrencie	NOUN
ejge-10225	15	27	,	,	PUNCT
ejge-10225	15	28	without	without	ADP
ejge-10225	15	29	having	have	VERB
ejge-10225	15	30	to	to	PART
ejge-10225	15	31	deal	deal	VERB
ejge-10225	15	32	with	with	ADP
ejge-10225	15	33	information	information	NOUN
ejge-10225	15	34	costs	cost	NOUN
ejge-10225	15	35	,	,	PUNCT
ejge-10225	15	36	transaction	transaction	NOUN
ejge-10225	15	37	costs	cost	NOUN
ejge-10225	15	38	,	,	PUNCT
ejge-10225	15	39	or	or	CCONJ
ejge-10225	15	40	regulatory	regulatory	ADJ
ejge-10225	15	41	differences	difference	NOUN
ejge-10225	15	42	.	.	PUNCT
ejge-10225	16	1	marta	marta	PROPN
ejge-10225	16	2	and	and	CCONJ
ejge-10225	16	3	riva	riva	PROPN
ejge-10225	16	4	(	(	PUNCT
ejge-10225	16	5	2022	2022	NUM
ejge-10225	16	6	)	)	PUNCT
ejge-10225	16	7	explain	explain	VERB
ejge-10225	16	8	the	the	DET
ejge-10225	16	9	incredible	incredible	ADJ
ejge-10225	16	10	success	success	NOUN
ejge-10225	16	11	of	of	ADP
ejge-10225	16	12	etfs	etfs	PROPN
ejge-10225	16	13	in	in	ADP
ejge-10225	16	14	the	the	DET
ejge-10225	16	15	investment	investment	NOUN
ejge-10225	16	16	industry	industry	NOUN
ejge-10225	16	17	through	through	ADP
ejge-10225	16	18	their	their	PRON
ejge-10225	16	19	advantages	advantage	NOUN
ejge-10225	16	20	relating	relate	VERB
ejge-10225	16	21	to	to	ADP
ejge-10225	16	22	diversification	diversification	NOUN
ejge-10225	16	23	,	,	PUNCT
ejge-10225	16	24	transparency	transparency	NOUN
ejge-10225	16	25	,	,	PUNCT
ejge-10225	16	26	tax	tax	NOUN
ejge-10225	16	27	efficiency	efficiency	NOUN
ejge-10225	16	28	,	,	PUNCT
ejge-10225	16	29	management	management	NOUN
ejge-10225	16	30	fees	fee	NOUN
ejge-10225	16	31	,	,	PUNCT
ejge-10225	16	32	and	and	CCONJ
ejge-10225	16	33	liquidity	liquidity	NOUN
ejge-10225	16	34	.	.	PUNCT
ejge-10225	17	1	in	in	ADP
ejge-10225	17	2	this	this	DET
ejge-10225	17	3	paper	paper	NOUN
ejge-10225	17	4	,	,	PUNCT
ejge-10225	17	5	the	the	DET
ejge-10225	17	6	authors	author	NOUN
ejge-10225	17	7	specifically	specifically	ADV
ejge-10225	17	8	investigate	investigate	VERB
ejge-10225	17	9	only	only	ADV
ejge-10225	17	10	stock	stock	NOUN
ejge-10225	17	11	etfs	etfs	NOUN
ejge-10225	17	12	for	for	ADP
ejge-10225	17	13	several	several	ADJ
ejge-10225	17	14	reasons	reason	NOUN
ejge-10225	17	15	.	.	PUNCT
ejge-10225	18	1	etfs	etfs	PROPN
ejge-10225	18	2	are	be	AUX
ejge-10225	18	3	a	a	DET
ejge-10225	18	4	convenient	convenient	ADJ
ejge-10225	18	5	way	way	NOUN
ejge-10225	18	6	to	to	PART
ejge-10225	18	7	assess	assess	VERB
ejge-10225	18	8	the	the	DET
ejge-10225	18	9	overall	overall	ADJ
ejge-10225	18	10	performance	performance	NOUN
ejge-10225	18	11	of	of	ADP
ejge-10225	18	12	a	a	DET
ejge-10225	18	13	particular	particular	ADJ
ejge-10225	18	14	market	market	NOUN
ejge-10225	18	15	since	since	SCONJ
ejge-10225	18	16	they	they	PRON
ejge-10225	18	17	represent	represent	VERB
ejge-10225	18	18	a	a	DET
ejge-10225	18	19	https://creativecommons.org/licenses/by-nc/4.0/	https://creativecommons.org/licenses/by-nc/4.0/	PROPN
ejge-10225	18	20	166	166	NUM
ejge-10225	18	21	pavlo	pavlo	NOUN
ejge-10225	18	22	dziuba	dziuba	PROPN
ejge-10225	18	23	et	et	PROPN
ejge-10225	18	24	al	al	PROPN
ejge-10225	18	25	.	.	PUNCT
ejge-10225	19	1	basket	basket	NOUN
ejge-10225	19	2	of	of	ADP
ejge-10225	19	3	different	different	ADJ
ejge-10225	19	4	securities	security	NOUN
ejge-10225	19	5	.	.	PUNCT
ejge-10225	20	1	limiting	limit	VERB
ejge-10225	20	2	the	the	DET
ejge-10225	20	3	choice	choice	NOUN
ejge-10225	20	4	of	of	ADP
ejge-10225	20	5	etfs	etfs	NOUN
ejge-10225	20	6	to	to	ADP
ejge-10225	20	7	specific	specific	ADJ
ejge-10225	20	8	markets	market	NOUN
ejge-10225	20	9	enables	enable	VERB
ejge-10225	20	10	better	well	ADJ
ejge-10225	20	11	isolation	isolation	NOUN
ejge-10225	20	12	of	of	ADP
ejge-10225	20	13	consumer	consumer	NOUN
ejge-10225	20	14	confidence	confidence	NOUN
ejge-10225	20	15	effects	effect	NOUN
ejge-10225	20	16	.	.	PUNCT
ejge-10225	21	1	having	have	VERB
ejge-10225	21	2	in	in	ADP
ejge-10225	21	3	mind	mind	NOUN
ejge-10225	21	4	that	that	SCONJ
ejge-10225	21	5	the	the	DET
ejge-10225	21	6	etfs	etfs	PROPN
ejge-10225	21	7	in	in	ADP
ejge-10225	21	8	question	question	NOUN
ejge-10225	21	9	are	be	AUX
ejge-10225	21	10	market	market	NOUN
ejge-10225	21	11	-	-	PUNCT
ejge-10225	21	12	specific	specific	ADJ
ejge-10225	21	13	,	,	PUNCT
ejge-10225	21	14	i.e.	i.e.	X
ejge-10225	21	15	,	,	PUNCT
ejge-10225	21	16	etfs	etfs	PROPN
ejge-10225	21	17	are	be	AUX
ejge-10225	21	18	composed	compose	VERB
ejge-10225	21	19	of	of	ADP
ejge-10225	21	20	companies	company	NOUN
ejge-10225	21	21	’	’	PART
ejge-10225	21	22	stocks	stock	NOUN
ejge-10225	21	23	within	within	ADP
ejge-10225	21	24	a	a	DET
ejge-10225	21	25	certain	certain	ADJ
ejge-10225	21	26	market	market	NOUN
ejge-10225	21	27	,	,	PUNCT
ejge-10225	21	28	they	they	PRON
ejge-10225	21	29	are	be	AUX
ejge-10225	21	30	more	more	ADV
ejge-10225	21	31	sensitive	sensitive	ADJ
ejge-10225	21	32	to	to	ADP
ejge-10225	21	33	consumer	consumer	NOUN
ejge-10225	21	34	confidence	confidence	NOUN
ejge-10225	21	35	within	within	ADP
ejge-10225	21	36	the	the	DET
ejge-10225	21	37	country	country	NOUN
ejge-10225	21	38	's	's	PART
ejge-10225	21	39	market	market	NOUN
ejge-10225	21	40	.	.	PUNCT
ejge-10225	22	1	finally	finally	ADV
ejge-10225	22	2	,	,	PUNCT
ejge-10225	22	3	stock	stock	NOUN
ejge-10225	22	4	etfs	etfs	PROPN
ejge-10225	22	5	are	be	AUX
ejge-10225	22	6	the	the	DET
ejge-10225	22	7	most	most	ADV
ejge-10225	22	8	popular	popular	ADJ
ejge-10225	22	9	kind	kind	NOUN
ejge-10225	22	10	of	of	ADP
ejge-10225	22	11	etf	etf	NOUN
ejge-10225	22	12	,	,	PUNCT
ejge-10225	22	13	as	as	SCONJ
ejge-10225	22	14	they	they	PRON
ejge-10225	22	15	are	be	AUX
ejge-10225	22	16	highly	highly	ADV
ejge-10225	22	17	available	available	ADJ
ejge-10225	22	18	to	to	ADP
ejge-10225	22	19	different	different	ADJ
ejge-10225	22	20	types	type	NOUN
ejge-10225	22	21	of	of	ADP
ejge-10225	22	22	investors	investor	NOUN
ejge-10225	22	23	all	all	ADV
ejge-10225	22	24	around	around	ADP
ejge-10225	22	25	the	the	DET
ejge-10225	22	26	globe	globe	NOUN
ejge-10225	22	27	and	and	CCONJ
ejge-10225	22	28	are	be	AUX
ejge-10225	22	29	publicly	publicly	ADV
ejge-10225	22	30	traded	trade	VERB
ejge-10225	22	31	on	on	ADP
ejge-10225	22	32	the	the	DET
ejge-10225	22	33	main	main	ADJ
ejge-10225	22	34	platforms	platform	NOUN
ejge-10225	22	35	.	.	PUNCT
ejge-10225	23	1	exchange	exchange	NOUN
ejge-10225	23	2	-	-	PUNCT
ejge-10225	23	3	traded	trade	VERB
ejge-10225	23	4	funds	fund	NOUN
ejge-10225	23	5	have	have	AUX
ejge-10225	23	6	already	already	ADV
ejge-10225	23	7	transformed	transform	VERB
ejge-10225	23	8	from	from	ADP
ejge-10225	23	9	a	a	DET
ejge-10225	23	10	quite	quite	ADV
ejge-10225	23	11	unfamiliar	unfamiliar	ADJ
ejge-10225	23	12	investment	investment	NOUN
ejge-10225	23	13	instrument	instrument	NOUN
ejge-10225	23	14	at	at	ADP
ejge-10225	23	15	the	the	DET
ejge-10225	23	16	beginning	beginning	NOUN
ejge-10225	23	17	of	of	ADP
ejge-10225	23	18	2000	2000	NUM
ejge-10225	23	19	to	to	ADP
ejge-10225	23	20	a	a	DET
ejge-10225	23	21	traditional	traditional	ADJ
ejge-10225	23	22	structured	structured	ADJ
ejge-10225	23	23	security	security	NOUN
ejge-10225	23	24	with	with	ADP
ejge-10225	23	25	trillions	trillion	NOUN
ejge-10225	23	26	of	of	ADP
ejge-10225	23	27	dollars	dollar	NOUN
ejge-10225	23	28	in	in	ADP
ejge-10225	23	29	value	value	NOUN
ejge-10225	23	30	twenty	twenty	NUM
ejge-10225	23	31	years	year	NOUN
ejge-10225	23	32	later	later	ADV
ejge-10225	23	33	.	.	PUNCT
ejge-10225	24	1	according	accord	VERB
ejge-10225	24	2	to	to	ADP
ejge-10225	24	3	data	datum	NOUN
ejge-10225	24	4	from	from	ADP
ejge-10225	24	5	etfgi	etfgi	NOUN
ejge-10225	24	6	(	(	PUNCT
ejge-10225	24	7	2023	2023	NUM
ejge-10225	24	8	)	)	PUNCT
ejge-10225	24	9	,	,	PUNCT
ejge-10225	24	10	the	the	DET
ejge-10225	24	11	global	global	ADJ
ejge-10225	24	12	etf	etf	NOUN
ejge-10225	24	13	market	market	NOUN
ejge-10225	24	14	has	have	VERB
ejge-10225	24	15	$	$	SYM
ejge-10225	24	16	9.6	9.6	NUM
ejge-10225	24	17	trillion	trillion	NUM
ejge-10225	24	18	worth	worth	NOUN
ejge-10225	24	19	of	of	ADP
ejge-10225	24	20	assets	asset	NOUN
ejge-10225	24	21	.	.	PUNCT
ejge-10225	25	1	it	it	PRON
ejge-10225	25	2	has	have	AUX
ejge-10225	25	3	been	be	AUX
ejge-10225	25	4	constantly	constantly	ADV
ejge-10225	25	5	growing	grow	VERB
ejge-10225	25	6	since	since	SCONJ
ejge-10225	25	7	2000	2000	NUM
ejge-10225	25	8	(	(	PUNCT
ejge-10225	25	9	except	except	SCONJ
ejge-10225	25	10	for	for	ADP
ejge-10225	25	11	2018	2018	NUM
ejge-10225	25	12	and	and	CCONJ
ejge-10225	25	13	2022	2022	NUM
ejge-10225	25	14	)	)	PUNCT
ejge-10225	25	15	,	,	PUNCT
ejge-10225	25	16	with	with	ADP
ejge-10225	25	17	an	an	DET
ejge-10225	25	18	annual	annual	ADJ
ejge-10225	25	19	growth	growth	NOUN
ejge-10225	25	20	rate	rate	NOUN
ejge-10225	25	21	of	of	ADP
ejge-10225	25	22	ca	ca	PROPN
ejge-10225	25	23	.	.	PUNCT
ejge-10225	26	1	17	17	NUM
ejge-10225	26	2	%	%	NOUN
ejge-10225	26	3	over	over	ADP
ejge-10225	26	4	the	the	DET
ejge-10225	26	5	last	last	ADJ
ejge-10225	26	6	13	13	NUM
ejge-10225	26	7	years	year	NOUN
ejge-10225	26	8	.	.	PUNCT
ejge-10225	27	1	in	in	ADP
ejge-10225	27	2	2017	2017	NUM
ejge-10225	27	3	,	,	PUNCT
ejge-10225	27	4	the	the	DET
ejge-10225	27	5	rate	rate	NOUN
ejge-10225	27	6	of	of	ADP
ejge-10225	27	7	growth	growth	NOUN
ejge-10225	27	8	hit	hit	VERB
ejge-10225	27	9	a	a	DET
ejge-10225	27	10	record	record	NOUN
ejge-10225	27	11	of	of	ADP
ejge-10225	27	12	38	38	NUM
ejge-10225	27	13	%	%	NOUN
ejge-10225	27	14	per	per	ADP
ejge-10225	27	15	year	year	NOUN
ejge-10225	27	16	.	.	PUNCT
ejge-10225	28	1	however	however	ADV
ejge-10225	28	2	,	,	PUNCT
ejge-10225	28	3	in	in	ADP
ejge-10225	28	4	2021	2021	NUM
ejge-10225	28	5	,	,	PUNCT
ejge-10225	28	6	the	the	DET
ejge-10225	28	7	total	total	ADJ
ejge-10225	28	8	value	value	NOUN
ejge-10225	28	9	of	of	ADP
ejge-10225	28	10	the	the	DET
ejge-10225	28	11	global	global	ADJ
ejge-10225	28	12	etf	etf	NOUN
ejge-10225	28	13	market	market	NOUN
ejge-10225	28	14	has	have	AUX
ejge-10225	28	15	dropped	drop	VERB
ejge-10225	28	16	by	by	ADP
ejge-10225	28	17	10	10	NUM
ejge-10225	28	18	%	%	NOUN
ejge-10225	28	19	,	,	PUNCT
ejge-10225	28	20	from	from	ADP
ejge-10225	28	21	$	$	SYM
ejge-10225	28	22	10	10	NUM
ejge-10225	28	23	trillion	trillion	NUM
ejge-10225	28	24	to	to	PART
ejge-10225	28	25	$	$	SYM
ejge-10225	28	26	9	9	NUM
ejge-10225	28	27	trillion	trillion	NUM
ejge-10225	28	28	.	.	PUNCT
ejge-10225	29	1	in	in	ADP
ejge-10225	29	2	2023	2023	NUM
ejge-10225	29	3	,	,	PUNCT
ejge-10225	29	4	the	the	DET
ejge-10225	29	5	global	global	ADJ
ejge-10225	29	6	market	market	NOUN
ejge-10225	29	7	has	have	AUX
ejge-10225	29	8	witnessed	witness	VERB
ejge-10225	29	9	a	a	DET
ejge-10225	29	10	growth	growth	NOUN
ejge-10225	29	11	of	of	ADP
ejge-10225	29	12	6.5	6.5	NUM
ejge-10225	29	13	%	%	NOUN
ejge-10225	29	14	.	.	PUNCT
ejge-10225	30	1	it	it	PRON
ejge-10225	30	2	is	be	AUX
ejge-10225	30	3	essential	essential	ADJ
ejge-10225	30	4	to	to	PART
ejge-10225	30	5	note	note	VERB
ejge-10225	30	6	that	that	SCONJ
ejge-10225	30	7	the	the	DET
ejge-10225	30	8	usa	usa	PROPN
ejge-10225	30	9	accounts	account	VERB
ejge-10225	30	10	for	for	ADP
ejge-10225	30	11	the	the	DET
ejge-10225	30	12	dominant	dominant	ADJ
ejge-10225	30	13	share	share	NOUN
ejge-10225	30	14	of	of	ADP
ejge-10225	30	15	the	the	DET
ejge-10225	30	16	global	global	ADJ
ejge-10225	30	17	etf	etf	NOUN
ejge-10225	30	18	market	market	NOUN
ejge-10225	30	19	.	.	PUNCT
ejge-10225	31	1	as	as	ADP
ejge-10225	31	2	of	of	ADP
ejge-10225	31	3	2023	2023	NUM
ejge-10225	31	4	,	,	PUNCT
ejge-10225	31	5	the	the	DET
ejge-10225	31	6	us	us	PROPN
ejge-10225	31	7	market	market	NOUN
ejge-10225	31	8	has	have	VERB
ejge-10225	31	9	the	the	DET
ejge-10225	31	10	largest	large	ADJ
ejge-10225	31	11	share	share	NOUN
ejge-10225	31	12	(	(	PUNCT
ejge-10225	31	13	ca	ca	NOUN
ejge-10225	31	14	.	.	PUNCT
ejge-10225	32	1	70	70	NUM
ejge-10225	32	2	%	%	NOUN
ejge-10225	32	3	)	)	PUNCT
ejge-10225	32	4	in	in	ADP
ejge-10225	32	5	global	global	ADJ
ejge-10225	32	6	etfs	etfs	PROPN
ejge-10225	32	7	,	,	PUNCT
ejge-10225	32	8	accounting	account	VERB
ejge-10225	32	9	for	for	ADP
ejge-10225	32	10	$	$	SYM
ejge-10225	32	11	6.765	6.765	NUM
ejge-10225	32	12	trillion	trillion	NUM
ejge-10225	32	13	,	,	PUNCT
ejge-10225	32	14	while	while	SCONJ
ejge-10225	32	15	the	the	DET
ejge-10225	32	16	european	european	ADJ
ejge-10225	32	17	etf	etf	NOUN
ejge-10225	32	18	market	market	NOUN
ejge-10225	32	19	accounts	account	VERB
ejge-10225	32	20	only	only	ADV
ejge-10225	32	21	for	for	ADP
ejge-10225	32	22	$	$	SYM
ejge-10225	32	23	1.454	1.454	NUM
ejge-10225	32	24	trillion	trillion	NUM
ejge-10225	32	25	(	(	PUNCT
ejge-10225	32	26	ca	ca	NOUN
ejge-10225	32	27	.	.	NOUN
ejge-10225	32	28	15	15	NUM
ejge-10225	32	29	%	%	NOUN
ejge-10225	32	30	)	)	PUNCT
ejge-10225	32	31	.	.	PUNCT
ejge-10225	33	1	more	more	ADV
ejge-10225	33	2	detailed	detailed	ADJ
ejge-10225	33	3	information	information	NOUN
ejge-10225	33	4	on	on	ADP
ejge-10225	33	5	the	the	DET
ejge-10225	33	6	etf	etf	NOUN
ejge-10225	33	7	values	value	NOUN
ejge-10225	33	8	’	'	PUNCT
ejge-10225	33	9	dynamics	dynamic	NOUN
ejge-10225	33	10	for	for	ADP
ejge-10225	33	11	different	different	ADJ
ejge-10225	33	12	regions	region	NOUN
ejge-10225	33	13	can	can	AUX
ejge-10225	33	14	be	be	AUX
ejge-10225	33	15	found	find	VERB
ejge-10225	33	16	in	in	ADP
ejge-10225	33	17	appendix	appendix	ADJ
ejge-10225	33	18	a.	a.	NOUN
ejge-10225	33	19	the	the	DET
ejge-10225	33	20	second	second	ADJ
ejge-10225	33	21	independent	independent	ADJ
ejge-10225	33	22	variable	variable	NOUN
ejge-10225	33	23	in	in	ADP
ejge-10225	33	24	this	this	DET
ejge-10225	33	25	analysis	analysis	NOUN
ejge-10225	33	26	is	be	AUX
ejge-10225	33	27	the	the	DET
ejge-10225	33	28	consumer	consumer	NOUN
ejge-10225	33	29	confidence	confidence	NOUN
ejge-10225	33	30	index	index	NOUN
ejge-10225	33	31	(	(	PUNCT
ejge-10225	33	32	cci	cci	PROPN
ejge-10225	33	33	)	)	PUNCT
ejge-10225	33	34	,	,	PUNCT
ejge-10225	33	35	which	which	PRON
ejge-10225	33	36	is	be	AUX
ejge-10225	33	37	a	a	DET
ejge-10225	33	38	generally	generally	ADV
ejge-10225	33	39	available	available	ADJ
ejge-10225	33	40	and	and	CCONJ
ejge-10225	33	41	widely	widely	ADV
ejge-10225	33	42	used	use	VERB
ejge-10225	33	43	index	index	NOUN
ejge-10225	33	44	that	that	PRON
ejge-10225	33	45	tracks	track	VERB
ejge-10225	33	46	consumers	consumer	NOUN
ejge-10225	33	47	'	'	PART
ejge-10225	33	48	expectations	expectation	NOUN
ejge-10225	33	49	of	of	ADP
ejge-10225	33	50	the	the	DET
ejge-10225	33	51	economy	economy	NOUN
ejge-10225	33	52	and	and	CCONJ
ejge-10225	33	53	finance	finance	NOUN
ejge-10225	33	54	.	.	PUNCT
ejge-10225	34	1	the	the	DET
ejge-10225	34	2	version	version	NOUN
ejge-10225	34	3	of	of	ADP
ejge-10225	34	4	the	the	DET
ejge-10225	34	5	cci	cci	NOUN
ejge-10225	34	6	applied	apply	VERB
ejge-10225	34	7	in	in	ADP
ejge-10225	34	8	the	the	DET
ejge-10225	34	9	paper	paper	NOUN
ejge-10225	34	10	has	have	AUX
ejge-10225	34	11	been	be	AUX
ejge-10225	34	12	developed	develop	VERB
ejge-10225	34	13	by	by	ADP
ejge-10225	34	14	the	the	DET
ejge-10225	34	15	organisation	organisation	NOUN
ejge-10225	34	16	for	for	ADP
ejge-10225	34	17	economic	economic	ADJ
ejge-10225	34	18	cooperation	cooperation	NOUN
ejge-10225	34	19	and	and	CCONJ
ejge-10225	34	20	development	development	NOUN
ejge-10225	34	21	(	(	PUNCT
ejge-10225	34	22	oecd	oecd	PROPN
ejge-10225	34	23	)	)	PUNCT
ejge-10225	34	24	.	.	PUNCT
ejge-10225	35	1	the	the	DET
ejge-10225	35	2	oecd	oecd	PROPN
ejge-10225	35	3	(	(	PUNCT
ejge-10225	35	4	2023	2023	NUM
ejge-10225	35	5	)	)	PUNCT
ejge-10225	35	6	indicates	indicate	VERB
ejge-10225	35	7	that	that	SCONJ
ejge-10225	35	8	the	the	DET
ejge-10225	35	9	cci	cci	NOUN
ejge-10225	35	10	is	be	AUX
ejge-10225	35	11	a	a	DET
ejge-10225	35	12	tool	tool	NOUN
ejge-10225	35	13	used	use	VERB
ejge-10225	35	14	to	to	PART
ejge-10225	35	15	forecast	forecast	VERB
ejge-10225	35	16	the	the	DET
ejge-10225	35	17	future	future	ADJ
ejge-10225	35	18	trends	trend	NOUN
ejge-10225	35	19	of	of	ADP
ejge-10225	35	20	households	household	NOUN
ejge-10225	35	21	’	'	PUNCT
ejge-10225	35	22	consumption	consumption	NOUN
ejge-10225	35	23	and	and	CCONJ
ejge-10225	35	24	saving	saving	NOUN
ejge-10225	35	25	habits	habit	NOUN
ejge-10225	35	26	.	.	PUNCT
ejge-10225	36	1	it	it	PRON
ejge-10225	36	2	is	be	AUX
ejge-10225	36	3	based	base	VERB
ejge-10225	36	4	on	on	ADP
ejge-10225	36	5	households	household	NOUN
ejge-10225	36	6	’	'	PUNCT
ejge-10225	36	7	responses	response	NOUN
ejge-10225	36	8	related	relate	VERB
ejge-10225	36	9	to	to	ADP
ejge-10225	36	10	their	their	PRON
ejge-10225	36	11	financial	financial	ADJ
ejge-10225	36	12	situation	situation	NOUN
ejge-10225	36	13	,	,	PUNCT
ejge-10225	36	14	economic	economic	ADJ
ejge-10225	36	15	sentiment	sentiment	NOUN
ejge-10225	36	16	,	,	PUNCT
ejge-10225	36	17	unemployment	unemployment	NOUN
ejge-10225	36	18	,	,	PUNCT
ejge-10225	36	19	and	and	CCONJ
ejge-10225	36	20	savings	saving	NOUN
ejge-10225	36	21	potential	potential	NOUN
ejge-10225	36	22	.	.	PUNCT
ejge-10225	37	1	if	if	SCONJ
ejge-10225	37	2	the	the	DET
ejge-10225	37	3	index	index	NOUN
ejge-10225	37	4	value	value	NOUN
ejge-10225	37	5	is	be	AUX
ejge-10225	37	6	over	over	ADP
ejge-10225	37	7	100	100	NUM
ejge-10225	37	8	,	,	PUNCT
ejge-10225	37	9	it	it	PRON
ejge-10225	37	10	means	mean	VERB
ejge-10225	37	11	that	that	SCONJ
ejge-10225	37	12	consumers	consumer	NOUN
ejge-10225	37	13	have	have	VERB
ejge-10225	37	14	a	a	DET
ejge-10225	37	15	positive	positive	ADJ
ejge-10225	37	16	outlook	outlook	NOUN
ejge-10225	37	17	towards	towards	ADP
ejge-10225	37	18	the	the	DET
ejge-10225	37	19	future	future	ADJ
ejge-10225	37	20	economy	economy	NOUN
ejge-10225	37	21	,	,	PUNCT
ejge-10225	37	22	which	which	PRON
ejge-10225	37	23	may	may	AUX
ejge-10225	37	24	lead	lead	VERB
ejge-10225	37	25	to	to	ADP
ejge-10225	37	26	increased	increase	VERB
ejge-10225	37	27	spending	spending	NOUN
ejge-10225	37	28	on	on	ADP
ejge-10225	37	29	major	major	ADJ
ejge-10225	37	30	purchases	purchase	NOUN
ejge-10225	37	31	in	in	ADP
ejge-10225	37	32	the	the	DET
ejge-10225	37	33	coming	come	VERB
ejge-10225	37	34	year	year	NOUN
ejge-10225	37	35	.	.	PUNCT
ejge-10225	38	1	contrary	contrary	ADJ
ejge-10225	38	2	to	to	ADP
ejge-10225	38	3	that	that	PRON
ejge-10225	38	4	,	,	PUNCT
ejge-10225	38	5	if	if	SCONJ
ejge-10225	38	6	the	the	DET
ejge-10225	38	7	value	value	NOUN
ejge-10225	38	8	is	be	AUX
ejge-10225	38	9	below	below	ADP
ejge-10225	38	10	100	100	NUM
ejge-10225	38	11	,	,	PUNCT
ejge-10225	38	12	consumers	consumer	NOUN
ejge-10225	38	13	may	may	AUX
ejge-10225	38	14	be	be	AUX
ejge-10225	38	15	pessimistic	pessimistic	ADJ
ejge-10225	38	16	about	about	ADP
ejge-10225	38	17	the	the	DET
ejge-10225	38	18	economy	economy	NOUN
ejge-10225	38	19	,	,	PUNCT
ejge-10225	38	20	resulting	result	VERB
ejge-10225	38	21	in	in	ADP
ejge-10225	38	22	a	a	DET
ejge-10225	38	23	higher	high	ADJ
ejge-10225	38	24	tendency	tendency	NOUN
ejge-10225	38	25	to	to	PART
ejge-10225	38	26	save	save	VERB
ejge-10225	38	27	and	and	CCONJ
ejge-10225	38	28	a	a	DET
ejge-10225	38	29	lower	low	ADJ
ejge-10225	38	30	willingness	willingness	NOUN
ejge-10225	38	31	to	to	PART
ejge-10225	38	32	consume	consume	VERB
ejge-10225	38	33	.	.	PUNCT
ejge-10225	39	1	zurowska	zurowska	PROPN
ejge-10225	39	2	(	(	PUNCT
ejge-10225	39	3	2022	2022	NUM
ejge-10225	39	4	)	)	PUNCT
ejge-10225	39	5	suggests	suggest	VERB
ejge-10225	39	6	that	that	SCONJ
ejge-10225	39	7	the	the	DET
ejge-10225	39	8	increasing	increase	VERB
ejge-10225	39	9	attractiveness	attractiveness	NOUN
ejge-10225	39	10	of	of	ADP
ejge-10225	39	11	etfs	etfs	PROPN
ejge-10225	39	12	for	for	ADP
ejge-10225	39	13	investors	investor	NOUN
ejge-10225	39	14	can	can	AUX
ejge-10225	39	15	be	be	AUX
ejge-10225	39	16	explained	explain	VERB
ejge-10225	39	17	through	through	ADP
ejge-10225	39	18	instant	instant	NOUN
ejge-10225	39	19	(	(	PUNCT
ejge-10225	39	20	i.e.	i.e.	X
ejge-10225	39	21	,	,	PUNCT
ejge-10225	39	22	intraday	intraday	ADJ
ejge-10225	39	23	)	)	PUNCT
ejge-10225	39	24	liquidity	liquidity	NOUN
ejge-10225	39	25	as	as	ADV
ejge-10225	39	26	well	well	ADV
ejge-10225	39	27	as	as	ADP
ejge-10225	39	28	a	a	DET
ejge-10225	39	29	convenient	convenient	ADJ
ejge-10225	39	30	tool	tool	NOUN
ejge-10225	39	31	for	for	ADP
ejge-10225	39	32	hedging	hedging	NOUN
ejge-10225	39	33	and	and	CCONJ
ejge-10225	39	34	speculative	speculative	ADJ
ejge-10225	39	35	trading	trading	NOUN
ejge-10225	39	36	.	.	PUNCT
ejge-10225	40	1	among	among	ADP
ejge-10225	40	2	other	other	ADJ
ejge-10225	40	3	benefits	benefit	NOUN
ejge-10225	40	4	of	of	ADP
ejge-10225	40	5	etf	etf	NOUN
ejge-10225	40	6	investing	investing	NOUN
ejge-10225	40	7	,	,	PUNCT
ejge-10225	40	8	cumming	cumming	NOUN
ejge-10225	40	9	and	and	CCONJ
ejge-10225	40	10	monteiro	monteiro	PROPN
ejge-10225	40	11	(	(	PUNCT
ejge-10225	40	12	2023	2023	NUM
ejge-10225	40	13	)	)	PUNCT
ejge-10225	40	14	argue	argue	VERB
ejge-10225	40	15	that	that	SCONJ
ejge-10225	40	16	an	an	DET
ejge-10225	40	17	etf	etf	NOUN
ejge-10225	40	18	is	be	AUX
ejge-10225	40	19	a	a	DET
ejge-10225	40	20	liquid	liquid	ADJ
ejge-10225	40	21	and	and	CCONJ
ejge-10225	40	22	diversified	diversified	ADJ
ejge-10225	40	23	investment	investment	NOUN
ejge-10225	40	24	that	that	PRON
ejge-10225	40	25	could	could	AUX
ejge-10225	40	26	be	be	AUX
ejge-10225	40	27	tailored	tailor	VERB
ejge-10225	40	28	to	to	ADP
ejge-10225	40	29	an	an	DET
ejge-10225	40	30	investment	investment	NOUN
ejge-10225	40	31	strategy	strategy	NOUN
ejge-10225	40	32	.	.	PUNCT
ejge-10225	41	1	henriques	henrique	NOUN
ejge-10225	41	2	et	et	PROPN
ejge-10225	41	3	al	al	PROPN
ejge-10225	41	4	.	.	PROPN
ejge-10225	42	1	(	(	PUNCT
ejge-10225	42	2	2022	2022	NUM
ejge-10225	42	3	)	)	PUNCT
ejge-10225	42	4	ground	ground	VERB
ejge-10225	42	5	the	the	DET
ejge-10225	42	6	growing	grow	VERB
ejge-10225	42	7	interest	interest	NOUN
ejge-10225	42	8	in	in	ADP
ejge-10225	42	9	etfs	etfs	PROPN
ejge-10225	42	10	on	on	ADP
ejge-10225	42	11	the	the	DET
ejge-10225	42	12	opportunities	opportunity	NOUN
ejge-10225	42	13	for	for	ADP
ejge-10225	42	14	better	well	ADJ
ejge-10225	42	15	portfolio	portfolio	NOUN
ejge-10225	42	16	diversification	diversification	NOUN
ejge-10225	42	17	and	and	CCONJ
ejge-10225	42	18	the	the	DET
ejge-10225	42	19	convenience	convenience	NOUN
ejge-10225	42	20	of	of	ADP
ejge-10225	42	21	trading	trade	VERB
ejge-10225	42	22	individual	individual	ADJ
ejge-10225	42	23	stocks	stock	NOUN
ejge-10225	42	24	.	.	PUNCT
ejge-10225	43	1	however	however	ADV
ejge-10225	43	2	,	,	PUNCT
ejge-10225	43	3	the	the	DET
ejge-10225	43	4	specified	specified	ADJ
ejge-10225	43	5	benefits	benefit	NOUN
ejge-10225	43	6	of	of	ADP
ejge-10225	43	7	etfs	etfs	PROPN
ejge-10225	43	8	require	require	VERB
ejge-10225	43	9	further	further	ADJ
ejge-10225	43	10	research	research	NOUN
ejge-10225	43	11	since	since	SCONJ
ejge-10225	43	12	the	the	DET
ejge-10225	43	13	global	global	ADJ
ejge-10225	43	14	financial	financial	ADJ
ejge-10225	43	15	markets	market	NOUN
ejge-10225	43	16	transform	transform	VERB
ejge-10225	43	17	and	and	CCONJ
ejge-10225	43	18	face	face	VERB
ejge-10225	43	19	new	new	ADJ
ejge-10225	43	20	challenges	challenge	NOUN
ejge-10225	43	21	.	.	PUNCT
ejge-10225	44	1	despite	despite	SCONJ
ejge-10225	44	2	all	all	DET
ejge-10225	44	3	the	the	DET
ejge-10225	44	4	opportunities	opportunity	NOUN
ejge-10225	44	5	,	,	PUNCT
ejge-10225	44	6	etfs	etfs	PROPN
ejge-10225	44	7	may	may	AUX
ejge-10225	44	8	have	have	VERB
ejge-10225	44	9	their	their	PRON
ejge-10225	44	10	dark	dark	ADJ
ejge-10225	44	11	side	side	NOUN
ejge-10225	44	12	.	.	PUNCT
ejge-10225	45	1	as	as	SCONJ
ejge-10225	45	2	singh	singh	PROPN
ejge-10225	45	3	(	(	PUNCT
ejge-10225	45	4	2022	2022	NUM
ejge-10225	45	5	)	)	PUNCT
ejge-10225	45	6	puts	put	VERB
ejge-10225	45	7	forward	forward	ADV
ejge-10225	45	8	,	,	PUNCT
ejge-10225	45	9	cryptocurrency	cryptocurrency	NOUN
ejge-10225	45	10	etfs	etfs	NOUN
ejge-10225	45	11	might	might	AUX
ejge-10225	45	12	be	be	AUX
ejge-10225	45	13	fraught	fraught	ADJ
ejge-10225	45	14	with	with	ADP
ejge-10225	45	15	misleading	misleading	ADJ
ejge-10225	45	16	,	,	PUNCT
ejge-10225	45	17	opaque	opaque	ADJ
ejge-10225	45	18	structures	structure	NOUN
ejge-10225	45	19	and	and	CCONJ
ejge-10225	45	20	eccentric	eccentric	ADJ
ejge-10225	45	21	risk	risk	NOUN
ejge-10225	45	22	and	and	CCONJ
ejge-10225	45	23	performance	performance	NOUN
ejge-10225	45	24	reporting	reporting	NOUN
ejge-10225	45	25	frameworks	framework	NOUN
ejge-10225	45	26	.	.	PUNCT
ejge-10225	46	1	li	li	PROPN
ejge-10225	46	2	and	and	CCONJ
ejge-10225	46	3	zhu	zhu	PROPN
ejge-10225	46	4	(	(	PUNCT
ejge-10225	46	5	2022	2022	NUM
ejge-10225	46	6	)	)	PUNCT
ejge-10225	46	7	point	point	VERB
ejge-10225	46	8	out	out	ADP
ejge-10225	46	9	that	that	SCONJ
ejge-10225	46	10	one	one	NUM
ejge-10225	46	11	of	of	ADP
ejge-10225	46	12	the	the	DET
ejge-10225	46	13	main	main	ADJ
ejge-10225	46	14	etf	etf	NOUN
ejge-10225	46	15	drawbacks	drawback	NOUN
ejge-10225	46	16	is	be	AUX
ejge-10225	46	17	the	the	DET
ejge-10225	46	18	transmission	transmission	NOUN
ejge-10225	46	19	mechanism	mechanism	NOUN
ejge-10225	46	20	of	of	ADP
ejge-10225	46	21	non	non	ADJ
ejge-10225	46	22	-	-	ADJ
ejge-10225	46	23	fundamental	fundamental	ADJ
ejge-10225	46	24	demand	demand	NOUN
ejge-10225	46	25	shocks	shock	NOUN
ejge-10225	46	26	to	to	ADP
ejge-10225	46	27	the	the	DET
ejge-10225	46	28	index	index	NOUN
ejge-10225	46	29	components	component	NOUN
ejge-10225	46	30	.	.	PUNCT
ejge-10225	47	1	brown	brown	PROPN
ejge-10225	47	2	et	et	PROPN
ejge-10225	47	3	al	al	PROPN
ejge-10225	47	4	.	.	PROPN
ejge-10225	48	1	(	(	PUNCT
ejge-10225	48	2	2021	2021	NUM
ejge-10225	48	3	)	)	PUNCT
ejge-10225	48	4	also	also	ADV
ejge-10225	48	5	emphasise	emphasise	VERB
ejge-10225	48	6	the	the	DET
ejge-10225	48	7	significant	significant	ADJ
ejge-10225	48	8	impact	impact	NOUN
ejge-10225	48	9	of	of	ADP
ejge-10225	48	10	non	non	ADJ
ejge-10225	48	11	-	-	ADJ
ejge-10225	48	12	fundamental	fundamental	ADJ
ejge-10225	48	13	shocks	shock	NOUN
ejge-10225	48	14	on	on	ADP
ejge-10225	48	15	etfs	etfs	PROPN
ejge-10225	48	16	.	.	PUNCT
ejge-10225	49	1	moreover	moreover	ADV
ejge-10225	49	2	,	,	PUNCT
ejge-10225	49	3	due	due	ADP
ejge-10225	49	4	to	to	ADP
ejge-10225	49	5	the	the	DET
ejge-10225	49	6	spillover	spillover	NOUN
ejge-10225	49	7	effects	effect	NOUN
ejge-10225	49	8	,	,	PUNCT
ejge-10225	49	9	underlying	underlie	VERB
ejge-10225	49	10	stocks	stock	NOUN
ejge-10225	49	11	may	may	AUX
ejge-10225	49	12	also	also	ADV
ejge-10225	49	13	face	face	VERB
ejge-10225	49	14	increased	increase	VERB
ejge-10225	49	15	volatility	volatility	NOUN
ejge-10225	49	16	.	.	PUNCT
ejge-10225	50	1	since	since	SCONJ
ejge-10225	50	2	the	the	DET
ejge-10225	50	3	authors	author	NOUN
ejge-10225	50	4	of	of	ADP
ejge-10225	50	5	the	the	DET
ejge-10225	50	6	paper	paper	NOUN
ejge-10225	50	7	investigate	investigate	VERB
ejge-10225	50	8	the	the	DET
ejge-10225	50	9	relationship	relationship	NOUN
ejge-10225	50	10	between	between	ADP
ejge-10225	50	11	etfs	etfs	PROPN
ejge-10225	50	12	and	and	CCONJ
ejge-10225	50	13	investor	investor	NOUN
ejge-10225	50	14	investor	investor	NOUN
ejge-10225	50	15	sentiment	sentiment	NOUN
ejge-10225	50	16	and	and	CCONJ
ejge-10225	50	17	euro	euro	PROPN
ejge-10225	50	18	area	area	NOUN
ejge-10225	50	19	etfs	etfs	PROPN
ejge-10225	50	20	sentiment	sentiment	NOUN
ejge-10225	50	21	,	,	PUNCT
ejge-10225	50	22	it	it	PRON
ejge-10225	50	23	is	be	AUX
ejge-10225	50	24	necessary	necessary	ADJ
ejge-10225	50	25	to	to	PART
ejge-10225	50	26	outline	outline	VERB
ejge-10225	50	27	the	the	DET
ejge-10225	50	28	basics	basic	NOUN
ejge-10225	50	29	of	of	ADP
ejge-10225	50	30	the	the	DET
ejge-10225	50	31	investor	investor	NOUN
ejge-10225	50	32	sentiment	sentiment	NOUN
ejge-10225	50	33	concept	concept	NOUN
ejge-10225	50	34	.	.	PUNCT
ejge-10225	51	1	according	accord	VERB
ejge-10225	51	2	to	to	ADP
ejge-10225	51	3	the	the	DET
ejge-10225	51	4	effective	effective	ADJ
ejge-10225	51	5	market	market	NOUN
ejge-10225	51	6	hypothesis	hypothesis	NOUN
ejge-10225	51	7	and	and	CCONJ
ejge-10225	51	8	random	random	ADJ
ejge-10225	51	9	walk	walk	NOUN
ejge-10225	51	10	theory	theory	NOUN
ejge-10225	51	11	(	(	PUNCT
ejge-10225	51	12	malkiel	malkiel	PROPN
ejge-10225	51	13	&	&	CCONJ
ejge-10225	51	14	fama	fama	PROPN
ejge-10225	51	15	,	,	PUNCT
ejge-10225	51	16	1970	1970	NUM
ejge-10225	51	17	;	;	PUNCT
ejge-10225	51	18	fama	fama	PROPN
ejge-10225	51	19	,	,	PUNCT
ejge-10225	51	20	1965	1965	NUM
ejge-10225	51	21	)	)	PUNCT
ejge-10225	51	22	,	,	PUNCT
ejge-10225	51	23	employed	employ	VERB
ejge-10225	51	24	by	by	ADP
ejge-10225	51	25	the	the	DET
ejge-10225	51	26	traditional	traditional	ADJ
ejge-10225	51	27	approach	approach	NOUN
ejge-10225	51	28	to	to	ADP
ejge-10225	51	29	studying	study	VERB
ejge-10225	51	30	finance	finance	NOUN
ejge-10225	51	31	,	,	PUNCT
ejge-10225	51	32	there	there	PRON
ejge-10225	51	33	are	be	VERB
ejge-10225	51	34	no	no	DET
ejge-10225	51	35	opportunities	opportunity	NOUN
ejge-10225	51	36	for	for	SCONJ
ejge-10225	51	37	investors	investor	NOUN
ejge-10225	51	38	to	to	PART
ejge-10225	51	39	use	use	VERB
ejge-10225	51	40	all	all	DET
ejge-10225	51	41	publicly	publicly	ADV
ejge-10225	51	42	available	available	ADJ
ejge-10225	51	43	information	information	NOUN
ejge-10225	51	44	to	to	PART
ejge-10225	51	45	discover	discover	VERB
ejge-10225	51	46	securities	security	NOUN
ejge-10225	51	47	with	with	ADP
ejge-10225	51	48	excess	excess	ADJ
ejge-10225	51	49	returns	return	NOUN
ejge-10225	51	50	.	.	PUNCT
ejge-10225	52	1	although	although	SCONJ
ejge-10225	52	2	the	the	DET
ejge-10225	52	3	traditional	traditional	ADJ
ejge-10225	52	4	approach	approach	NOUN
ejge-10225	52	5	has	have	AUX
ejge-10225	52	6	failed	fail	VERB
ejge-10225	52	7	to	to	PART
ejge-10225	52	8	explain	explain	VERB
ejge-10225	52	9	variations	variation	NOUN
ejge-10225	52	10	in	in	ADP
ejge-10225	52	11	stock	stock	NOUN
ejge-10225	52	12	returns	return	NOUN
ejge-10225	52	13	from	from	ADP
ejge-10225	52	14	the	the	DET
ejge-10225	52	15	fundamental	fundamental	ADJ
ejge-10225	52	16	factors	factor	NOUN
ejge-10225	52	17	’	'	PUNCT
ejge-10225	52	18	positions	position	NOUN
ejge-10225	52	19	.	.	PUNCT
ejge-10225	53	1	the	the	DET
ejge-10225	53	2	same	same	ADJ
ejge-10225	53	3	pertains	pertain	NOUN
ejge-10225	53	4	to	to	ADP
ejge-10225	53	5	etfs	etfs	PROPN
ejge-10225	53	6	’	'	PUNCT
ejge-10225	53	7	pricing	pricing	NOUN
ejge-10225	53	8	specifics	specific	NOUN
ejge-10225	53	9	(	(	PUNCT
ejge-10225	53	10	hong	hong	NOUN
ejge-10225	53	11	et	et	PROPN
ejge-10225	53	12	al	al	PROPN
ejge-10225	53	13	.	.	PROPN
ejge-10225	53	14	,	,	PUNCT
ejge-10225	53	15	2022	2022	NUM
ejge-10225	53	16	)	)	PUNCT
ejge-10225	53	17	.	.	PUNCT
ejge-10225	54	1	on	on	ADP
ejge-10225	54	2	the	the	DET
ejge-10225	54	3	other	other	ADJ
ejge-10225	54	4	hand	hand	NOUN
ejge-10225	54	5	,	,	PUNCT
ejge-10225	54	6	from	from	ADP
ejge-10225	54	7	a	a	DET
ejge-10225	54	8	behavioural	behavioural	ADJ
ejge-10225	54	9	finance	finance	NOUN
ejge-10225	54	10	perspective	perspective	NOUN
ejge-10225	54	11	,	,	PUNCT
ejge-10225	54	12	investors	investor	NOUN
ejge-10225	54	13	’	’	PART
ejge-10225	54	14	opinions	opinion	NOUN
ejge-10225	54	15	in	in	ADP
ejge-10225	54	16	the	the	DET
ejge-10225	54	17	form	form	NOUN
ejge-10225	54	18	of	of	ADP
ejge-10225	54	19	sentiment	sentiment	NOUN
ejge-10225	54	20	can	can	AUX
ejge-10225	54	21	impact	impact	VERB
ejge-10225	54	22	asset	asset	NOUN
ejge-10225	54	23	returns	return	NOUN
ejge-10225	54	24	.	.	PUNCT
ejge-10225	55	1	therefore	therefore	ADV
ejge-10225	55	2	,	,	PUNCT
ejge-10225	55	3	investor	investor	NOUN
ejge-10225	55	4	sentiment	sentiment	NOUN
ejge-10225	55	5	is	be	AUX
ejge-10225	55	6	one	one	NUM
ejge-10225	55	7	of	of	ADP
ejge-10225	55	8	the	the	DET
ejge-10225	55	9	main	main	ADJ
ejge-10225	55	10	research	research	NOUN
ejge-10225	55	11	topics	topic	NOUN
ejge-10225	55	12	in	in	ADP
ejge-10225	55	13	behavioural	behavioural	ADJ
ejge-10225	55	14	finance	finance	NOUN
ejge-10225	55	15	,	,	PUNCT
ejge-10225	55	16	and	and	CCONJ
ejge-10225	55	17	there	there	PRON
ejge-10225	55	18	is	be	VERB
ejge-10225	55	19	a	a	DET
ejge-10225	55	20	large	large	ADJ
ejge-10225	55	21	strand	strand	NOUN
ejge-10225	55	22	of	of	ADP
ejge-10225	55	23	literature	literature	NOUN
ejge-10225	55	24	covering	cover	VERB
ejge-10225	55	25	the	the	DET
ejge-10225	55	26	investors	investor	NOUN
ejge-10225	55	27	’	’	PART
ejge-10225	55	28	sentiment	sentiment	NOUN
ejge-10225	55	29	impact	impact	NOUN
ejge-10225	55	30	on	on	ADP
ejge-10225	55	31	global	global	ADJ
ejge-10225	55	32	markets	market	NOUN
ejge-10225	55	33	(	(	PUNCT
ejge-10225	55	34	akçay	akçay	NOUN
ejge-10225	55	35	,	,	PUNCT
ejge-10225	55	36	2022	2022	NUM
ejge-10225	55	37	;	;	PUNCT
ejge-10225	55	38	loang	loang	NOUN
ejge-10225	55	39	,	,	PUNCT
ejge-10225	55	40	2022	2022	NUM
ejge-10225	55	41	;	;	PUNCT
ejge-10225	55	42	vuong	vuong	PROPN
ejge-10225	55	43	&	&	CCONJ
ejge-10225	55	44	suzuki	suzuki	PROPN
ejge-10225	55	45	,	,	PUNCT
ejge-10225	55	46	2022	2022	NUM
ejge-10225	55	47	)	)	PUNCT
ejge-10225	55	48	.	.	PUNCT
ejge-10225	56	1	in	in	ADP
ejge-10225	56	2	simple	simple	ADJ
ejge-10225	56	3	terms	term	NOUN
ejge-10225	56	4	,	,	PUNCT
ejge-10225	56	5	investor	investor	NOUN
ejge-10225	56	6	sentiment	sentiment	NOUN
ejge-10225	56	7	is	be	AUX
ejge-10225	56	8	the	the	DET
ejge-10225	56	9	anticipation	anticipation	NOUN
ejge-10225	56	10	of	of	ADP
ejge-10225	56	11	securities	security	NOUN
ejge-10225	56	12	prices	price	NOUN
ejge-10225	56	13	by	by	ADP
ejge-10225	56	14	an	an	DET
ejge-10225	56	15	investor	investor	NOUN
ejge-10225	56	16	.	.	PUNCT
ejge-10225	57	1	investor	investor	NOUN
ejge-10225	57	2	sentiment	sentiment	NOUN
ejge-10225	57	3	can	can	AUX
ejge-10225	57	4	also	also	ADV
ejge-10225	57	5	be	be	AUX
ejge-10225	57	6	presented	present	VERB
ejge-10225	57	7	in	in	ADP
ejge-10225	57	8	the	the	DET
ejge-10225	57	9	form	form	NOUN
ejge-10225	57	10	of	of	ADP
ejge-10225	57	11	factors	factor	NOUN
ejge-10225	57	12	that	that	PRON
ejge-10225	57	13	impact	impact	VERB
ejge-10225	57	14	investors	investor	NOUN
ejge-10225	57	15	’	’	PART
ejge-10225	57	16	decisions	decision	NOUN
ejge-10225	57	17	and	and	CCONJ
ejge-10225	57	18	drive	drive	VERB
ejge-10225	57	19	stock	stock	NOUN
ejge-10225	57	20	prices	price	NOUN
ejge-10225	57	21	away	away	ADV
ejge-10225	57	22	from	from	ADP
ejge-10225	57	23	their	their	PRON
ejge-10225	57	24	fundamental	fundamental	ADJ
ejge-10225	57	25	values	value	NOUN
ejge-10225	57	26	(	(	PUNCT
ejge-10225	57	27	piccoli	piccoli	X
ejge-10225	57	28	&	&	CCONJ
ejge-10225	57	29	chaudhury	chaudhury	PROPN
ejge-10225	57	30	,	,	PUNCT
ejge-10225	57	31	2018	2018	NUM
ejge-10225	57	32	;	;	PUNCT
ejge-10225	57	33	loang	loang	NOUN
ejge-10225	57	34	,	,	PUNCT
ejge-10225	57	35	2022	2022	NUM
ejge-10225	57	36	;	;	PUNCT
ejge-10225	57	37	liepert	liepert	VERB
ejge-10225	57	38	,	,	PUNCT
ejge-10225	57	39	2024	2024	NUM
ejge-10225	57	40	)	)	PUNCT
ejge-10225	57	41	.	.	PUNCT
ejge-10225	58	1	however	however	ADV
ejge-10225	58	2	,	,	PUNCT
ejge-10225	58	3	the	the	DET
ejge-10225	58	4	concept	concept	NOUN
ejge-10225	58	5	of	of	ADP
ejge-10225	58	6	investor	investor	NOUN
ejge-10225	58	7	sentiment	sentiment	NOUN
ejge-10225	58	8	is	be	AUX
ejge-10225	58	9	quite	quite	ADV
ejge-10225	58	10	complex	complex	ADJ
ejge-10225	58	11	and	and	CCONJ
ejge-10225	58	12	elusive	elusive	ADJ
ejge-10225	58	13	in	in	ADP
ejge-10225	58	14	nature	nature	NOUN
ejge-10225	58	15	,	,	PUNCT
ejge-10225	58	16	and	and	CCONJ
ejge-10225	58	17	it	it	PRON
ejge-10225	58	18	is	be	AUX
ejge-10225	58	19	possible	possible	ADJ
ejge-10225	58	20	to	to	PART
ejge-10225	58	21	outline	outline	VERB
ejge-10225	58	22	two	two	NUM
ejge-10225	58	23	main	main	ADJ
ejge-10225	58	24	reasons	reason	NOUN
ejge-10225	58	25	for	for	ADP
ejge-10225	58	26	understanding	understand	VERB
ejge-10225	58	27	investor	investor	NOUN
ejge-10225	58	28	sentiment	sentiment	NOUN
ejge-10225	58	29	.	.	PUNCT
ejge-10225	59	1	firstly	firstly	ADV
ejge-10225	59	2	,	,	PUNCT
ejge-10225	59	3	sentiment	sentiment	NOUN
ejge-10225	59	4	can	can	AUX
ejge-10225	59	5	drive	drive	VERB
ejge-10225	59	6	prices	price	NOUN
ejge-10225	59	7	away	away	ADV
ejge-10225	59	8	from	from	ADP
ejge-10225	59	9	underlying	underlie	VERB
ejge-10225	59	10	fundamentals	fundamental	NOUN
ejge-10225	59	11	,	,	PUNCT
ejge-10225	59	12	making	make	VERB
ejge-10225	59	13	it	it	PRON
ejge-10225	59	14	important	important	ADJ
ejge-10225	59	15	for	for	SCONJ
ejge-10225	59	16	investment	investment	NOUN
ejge-10225	59	17	managers	manager	NOUN
ejge-10225	59	18	to	to	PART
ejge-10225	59	19	monitor	monitor	VERB
ejge-10225	59	20	their	their	PRON
ejge-10225	59	21	portfolios	portfolio	NOUN
ejge-10225	59	22	for	for	ADP
ejge-10225	59	23	changes	change	NOUN
ejge-10225	59	24	in	in	ADP
ejge-10225	59	25	sentiment	sentiment	NOUN
ejge-10225	59	26	(	(	PUNCT
ejge-10225	59	27	ahmed	ahme	VERB
ejge-10225	59	28	,	,	PUNCT
ejge-10225	59	29	2020	2020	NUM
ejge-10225	59	30	)	)	PUNCT
ejge-10225	59	31	.	.	PUNCT
ejge-10225	60	1	investor	investor	NOUN
ejge-10225	60	2	sentiment	sentiment	NOUN
ejge-10225	60	3	can	can	AUX
ejge-10225	60	4	cause	cause	VERB
ejge-10225	60	5	deviations	deviation	NOUN
ejge-10225	60	6	in	in	ADP
ejge-10225	60	7	securities	security	NOUN
ejge-10225	60	8	’	'	PUNCT
ejge-10225	60	9	prices	price	NOUN
ejge-10225	60	10	from	from	ADP
ejge-10225	60	11	their	their	PRON
ejge-10225	60	12	intrinsic	intrinsic	ADJ
ejge-10225	60	13	values	value	NOUN
ejge-10225	60	14	and	and	CCONJ
ejge-10225	60	15	promote	promote	VERB
ejge-10225	60	16	ineffective	ineffective	ADJ
ejge-10225	60	17	pricing	pricing	NOUN
ejge-10225	60	18	mechanisms	mechanism	NOUN
ejge-10225	60	19	in	in	ADP
ejge-10225	60	20	the	the	DET
ejge-10225	60	21	market	market	NOUN
ejge-10225	60	22	(	(	PUNCT
ejge-10225	60	23	de	de	X
ejge-10225	60	24	long	long	ADV
ejge-10225	60	25	et	et	PROPN
ejge-10225	60	26	al	al	PROPN
ejge-10225	60	27	.	.	PROPN
ejge-10225	60	28	,	,	PUNCT
ejge-10225	60	29	1990	1990	NUM
ejge-10225	60	30	)	)	PUNCT
ejge-10225	60	31	.	.	PUNCT
ejge-10225	61	1	vuong	vuong	PROPN
ejge-10225	61	2	and	and	CCONJ
ejge-10225	61	3	suzuki	suzuki	PROPN
ejge-10225	61	4	(	(	PUNCT
ejge-10225	61	5	2022	2022	NUM
ejge-10225	61	6	)	)	PUNCT
ejge-10225	61	7	emphasise	emphasise	VERB
ejge-10225	61	8	that	that	SCONJ
ejge-10225	61	9	many	many	ADJ
ejge-10225	61	10	scientists	scientist	NOUN
ejge-10225	61	11	have	have	AUX
ejge-10225	61	12	questioned	question	VERB
ejge-10225	61	13	and	and	CCONJ
ejge-10225	61	14	investigated	investigate	VERB
ejge-10225	61	15	how	how	SCONJ
ejge-10225	61	16	investor	investor	NOUN
ejge-10225	61	17	sentiment	sentiment	NOUN
ejge-10225	61	18	impacts	impact	VERB
ejge-10225	61	19	securities	security	NOUN
ejge-10225	61	20	returns	return	NOUN
ejge-10225	61	21	,	,	PUNCT
ejge-10225	61	22	with	with	ADP
ejge-10225	61	23	some	some	DET
ejge-10225	61	24	researchers	researcher	NOUN
ejge-10225	61	25	arguing	argue	VERB
ejge-10225	61	26	that	that	SCONJ
ejge-10225	61	27	investor	investor	NOUN
ejge-10225	61	28	sentiment	sentiment	NOUN
ejge-10225	61	29	has	have	VERB
ejge-10225	61	30	a	a	DET
ejge-10225	61	31	significant	significant	ADJ
ejge-10225	61	32	impact	impact	NOUN
ejge-10225	61	33	on	on	ADP
ejge-10225	61	34	stock	stock	NOUN
ejge-10225	61	35	returns	return	NOUN
ejge-10225	61	36	while	while	SCONJ
ejge-10225	61	37	others	other	NOUN
ejge-10225	61	38	consider	consider	VERB
ejge-10225	61	39	this	this	DET
ejge-10225	61	40	relationship	relationship	NOUN
ejge-10225	61	41	to	to	PART
ejge-10225	61	42	be	be	AUX
ejge-10225	61	43	negligible	negligible	ADJ
ejge-10225	61	44	.	.	PUNCT
ejge-10225	62	1	moreover	moreover	ADV
ejge-10225	62	2	,	,	PUNCT
ejge-10225	62	3	investor	investor	NOUN
ejge-10225	62	4	sentiment	sentiment	NOUN
ejge-10225	62	5	may	may	AUX
ejge-10225	62	6	cause	cause	VERB
ejge-10225	62	7	significant	significant	ADJ
ejge-10225	62	8	spillover	spillover	NOUN
ejge-10225	62	9	effects	effect	NOUN
ejge-10225	62	10	that	that	PRON
ejge-10225	62	11	can	can	AUX
ejge-10225	62	12	quickly	quickly	ADV
ejge-10225	62	13	spread	spread	VERB
ejge-10225	62	14	throughout	throughout	ADP
ejge-10225	62	15	the	the	DET
ejge-10225	62	16	market	market	NOUN
ejge-10225	62	17	,	,	PUNCT
ejge-10225	62	18	impacting	impact	VERB
ejge-10225	62	19	investor	investor	NOUN
ejge-10225	62	20	risk	risk	NOUN
ejge-10225	62	21	aversion	aversion	NOUN
ejge-10225	62	22	and	and	CCONJ
ejge-10225	62	23	portfolio	portfolio	NOUN
ejge-10225	62	24	selection	selection	NOUN
ejge-10225	62	25	regardless	regardless	ADV
ejge-10225	62	26	of	of	ADP
ejge-10225	62	27	fundamental	fundamental	ADJ
ejge-10225	62	28	value	value	NOUN
ejge-10225	62	29	(	(	PUNCT
ejge-10225	62	30	ahmed	ahme	VERB
ejge-10225	62	31	,	,	PUNCT
ejge-10225	62	32	2020	2020	NUM
ejge-10225	62	33	)	)	PUNCT
ejge-10225	62	34	.	.	PUNCT
ejge-10225	63	1	therefore	therefore	ADV
ejge-10225	63	2	,	,	PUNCT
ejge-10225	63	3	investment	investment	NOUN
ejge-10225	63	4	sentiment	sentiment	NOUN
ejge-10225	63	5	presents	present	VERB
ejge-10225	63	6	a	a	DET
ejge-10225	63	7	challenge	challenge	NOUN
ejge-10225	63	8	not	not	PART
ejge-10225	63	9	only	only	ADV
ejge-10225	63	10	for	for	ADP
ejge-10225	63	11	academics	academic	NOUN
ejge-10225	63	12	and	and	CCONJ
ejge-10225	63	13	practitioners	practitioner	NOUN
ejge-10225	63	14	but	but	CCONJ
ejge-10225	63	15	has	have	AUX
ejge-10225	63	16	become	become	VERB
ejge-10225	63	17	an	an	DET
ejge-10225	63	18	important	important	ADJ
ejge-10225	63	19	indicator	indicator	NOUN
ejge-10225	63	20	for	for	SCONJ
ejge-10225	63	21	policymakers	policymaker	NOUN
ejge-10225	63	22	to	to	PART
ejge-10225	63	23	follow	follow	VERB
ejge-10225	63	24	trends	trend	NOUN
ejge-10225	63	25	that	that	PRON
ejge-10225	63	26	might	might	AUX
ejge-10225	63	27	disrupt	disrupt	VERB
ejge-10225	63	28	the	the	DET
ejge-10225	63	29	normal	normal	ADJ
ejge-10225	63	30	course	course	NOUN
ejge-10225	63	31	of	of	ADP
ejge-10225	63	32	financial	financial	ADJ
ejge-10225	63	33	market	market	NOUN
ejge-10225	63	34	development	development	NOUN
ejge-10225	63	35	.	.	PUNCT
ejge-10225	64	1	examining	examine	VERB
ejge-10225	64	2	the	the	DET
ejge-10225	64	3	association	association	NOUN
ejge-10225	64	4	between	between	ADP
ejge-10225	64	5	investor	investor	NOUN
ejge-10225	64	6	sentiment	sentiment	NOUN
ejge-10225	64	7	,	,	PUNCT
ejge-10225	64	8	as	as	SCONJ
ejge-10225	64	9	shown	show	VERB
ejge-10225	64	10	by	by	ADP
ejge-10225	64	11	the	the	DET
ejge-10225	64	12	cci	cci	PROPN
ejge-10225	64	13	and	and	CCONJ
ejge-10225	64	14	the	the	DET
ejge-10225	64	15	european	european	PROPN
ejge-10225	64	16	etf	etf	PROPN
ejge-10225	64	17	price	price	NOUN
ejge-10225	64	18	is	be	AUX
ejge-10225	64	19	the	the	DET
ejge-10225	64	20	primary	primary	ADJ
ejge-10225	64	21	goal	goal	NOUN
ejge-10225	64	22	of	of	ADP
ejge-10225	64	23	the	the	DET
ejge-10225	64	24	research	research	NOUN
ejge-10225	64	25	.	.	PUNCT
ejge-10225	65	1	the	the	DET
ejge-10225	65	2	principal	principal	ADJ
ejge-10225	65	3	aim	aim	NOUN
ejge-10225	65	4	of	of	ADP
ejge-10225	65	5	this	this	DET
ejge-10225	65	6	study	study	NOUN
ejge-10225	65	7	is	be	AUX
ejge-10225	65	8	to	to	PART
ejge-10225	65	9	examine	examine	VERB
ejge-10225	65	10	if	if	SCONJ
ejge-10225	65	11	consumer	consumer	NOUN
ejge-10225	65	12	confidence	confidence	NOUN
ejge-10225	65	13	levels	level	NOUN
ejge-10225	65	14	in	in	ADP
ejge-10225	65	15	the	the	DET
ejge-10225	65	16	euro	euro	PROPN
ejge-10225	65	17	area	area	NOUN
ejge-10225	65	18	markets	market	NOUN
ejge-10225	65	19	influence	influence	VERB
ejge-10225	65	20	market	market	NOUN
ejge-10225	65	21	-	-	PUNCT
ejge-10225	65	22	specific	specific	ADJ
ejge-10225	65	23	etf	etf	NOUN
ejge-10225	65	24	pricing	pricing	NOUN
ejge-10225	65	25	.	.	PUNCT
ejge-10225	66	1	the	the	DET
ejge-10225	66	2	paper	paper	NOUN
ejge-10225	66	3	investigated	investigate	VERB
ejge-10225	66	4	two	two	NUM
ejge-10225	66	5	hypotheses	hypothesis	NOUN
ejge-10225	66	6	.	.	PUNCT
ejge-10225	67	1	the	the	DET
ejge-10225	67	2	main	main	ADJ
ejge-10225	67	3	hypothesis	hypothesis	NOUN
ejge-10225	67	4	suggests	suggest	VERB
ejge-10225	67	5	a	a	DET
ejge-10225	67	6	significant	significant	ADJ
ejge-10225	67	7	relationship	relationship	NOUN
ejge-10225	67	8	exists	exist	VERB
ejge-10225	67	9	between	between	ADP
ejge-10225	67	10	consumer	consumer	NOUN
ejge-10225	67	11	confidence	confidence	NOUN
ejge-10225	67	12	levels	level	NOUN
ejge-10225	67	13	in	in	ADP
ejge-10225	67	14	the	the	DET
ejge-10225	67	15	euro	euro	PROPN
ejge-10225	67	16	area	area	NOUN
ejge-10225	67	17	markets	market	NOUN
ejge-10225	67	18	and	and	CCONJ
ejge-10225	67	19	the	the	DET
ejge-10225	67	20	pricing	pricing	NOUN
ejge-10225	67	21	of	of	ADP
ejge-10225	67	22	ea	ea	NOUN
ejge-10225	67	23	market	market	NOUN
ejge-10225	67	24	-	-	PUNCT
ejge-10225	67	25	specific	specific	ADJ
ejge-10225	67	26	etfs	etfs	NOUN
ejge-10225	67	27	.	.	PUNCT
ejge-10225	68	1	the	the	DET
ejge-10225	68	2	sub	sub	NOUN
ejge-10225	68	3	-	-	NOUN
ejge-10225	68	4	hypothesis	hypothesis	NOUN
ejge-10225	68	5	focuses	focus	VERB
ejge-10225	68	6	specifically	specifically	ADV
ejge-10225	68	7	on	on	ADP
ejge-10225	68	8	the	the	DET
ejge-10225	68	9	ishares	ishares	PROPN
ejge-10225	68	10	msci	msci	PROPN
ejge-10225	68	11	eurozone	eurozone	PROPN
ejge-10225	68	12	etf	etf	NOUN
ejge-10225	68	13	and	and	CCONJ
ejge-10225	68	14	the	the	DET
ejge-10225	68	15	impact	impact	NOUN
ejge-10225	68	16	of	of	ADP
ejge-10225	68	17	cci	cci	PROPN
ejge-10225	68	18	19	19	NUM
ejge-10225	68	19	euro	euro	NOUN
ejge-10225	68	20	area	area	NOUN
ejge-10225	68	21	markets	market	NOUN
ejge-10225	68	22	(	(	PUNCT
ejge-10225	68	23	ea19	ea19	PROPN
ejge-10225	68	24	)	)	PUNCT
ejge-10225	68	25	on	on	ADP
ejge-10225	68	26	its	its	PRON
ejge-10225	68	27	pricing	pricing	NOUN
ejge-10225	68	28	.	.	PUNCT
ejge-10225	69	1	2	2	X
ejge-10225	69	2	.	.	X
ejge-10225	69	3	literature	literature	NOUN
ejge-10225	69	4	review	review	VERB
ejge-10225	69	5	the	the	DET
ejge-10225	69	6	literature	literature	NOUN
ejge-10225	69	7	review	review	NOUN
ejge-10225	69	8	section	section	NOUN
ejge-10225	69	9	analyses	analyse	VERB
ejge-10225	69	10	three	three	NUM
ejge-10225	69	11	sets	set	NOUN
ejge-10225	69	12	of	of	ADP
ejge-10225	69	13	papers	paper	NOUN
ejge-10225	69	14	that	that	PRON
ejge-10225	69	15	discuss	discuss	VERB
ejge-10225	69	16	various	various	ADJ
ejge-10225	69	17	topics	topic	NOUN
ejge-10225	69	18	related	relate	VERB
ejge-10225	69	19	to	to	ADP
ejge-10225	69	20	this	this	DET
ejge-10225	69	21	research	research	NOUN
ejge-10225	69	22	.	.	PUNCT
ejge-10225	70	1	the	the	DET
ejge-10225	70	2	first	first	ADJ
ejge-10225	70	3	set	set	NOUN
ejge-10225	70	4	of	of	ADP
ejge-10225	70	5	papers	paper	NOUN
ejge-10225	70	6	explores	explore	VERB
ejge-10225	70	7	the	the	DET
ejge-10225	70	8	impact	impact	NOUN
ejge-10225	70	9	of	of	ADP
ejge-10225	70	10	consumer	consumer	NOUN
ejge-10225	70	11	confidence	confidence	NOUN
ejge-10225	70	12	on	on	ADP
ejge-10225	70	13	stock	stock	NOUN
ejge-10225	70	14	valuation	valuation	NOUN
ejge-10225	70	15	.	.	PUNCT
ejge-10225	71	1	these	these	DET
ejge-10225	71	2	papers	paper	NOUN
ejge-10225	71	3	can	can	AUX
ejge-10225	71	4	be	be	AUX
ejge-10225	71	5	divided	divide	VERB
ejge-10225	71	6	into	into	ADP
ejge-10225	71	7	two	two	NUM
ejge-10225	71	8	groups	group	NOUN
ejge-10225	71	9	based	base	VERB
ejge-10225	71	10	on	on	ADP
ejge-10225	71	11	their	their	PRON
ejge-10225	71	12	arguments	argument	NOUN
ejge-10225	71	13	.	.	PUNCT
ejge-10225	72	1	the	the	DET
ejge-10225	72	2	first	first	ADJ
ejge-10225	72	3	group	group	NOUN
ejge-10225	72	4	presents	present	VERB
ejge-10225	72	5	arguments	argument	NOUN
ejge-10225	72	6	supporting	support	VERB
ejge-10225	72	7	the	the	DET
ejge-10225	72	8	idea	idea	NOUN
ejge-10225	72	9	that	that	SCONJ
ejge-10225	72	10	consumer	consumer	NOUN
ejge-10225	72	11	confidence	confidence	NOUN
ejge-10225	72	12	affects	affect	VERB
ejge-10225	72	13	stock	stock	NOUN
ejge-10225	72	14	prices	price	NOUN
ejge-10225	72	15	.	.	PUNCT
ejge-10225	73	1	for	for	ADP
ejge-10225	73	2	instance	instance	NOUN
ejge-10225	73	3	,	,	PUNCT
ejge-10225	73	4	hsu	hsu	PROPN
ejge-10225	73	5	et	et	PROPN
ejge-10225	73	6	al	al	PROPN
ejge-10225	73	7	.	.	PROPN
ejge-10225	73	8	168	168	NUM
ejge-10225	73	9	pavlo	pavlo	PROPN
ejge-10225	73	10	dziuba	dziuba	PROPN
ejge-10225	73	11	et	et	PROPN
ejge-10225	73	12	al	al	PROPN
ejge-10225	73	13	.	.	PROPN
ejge-10225	74	1	(	(	PUNCT
ejge-10225	74	2	2011	2011	NUM
ejge-10225	74	3	)	)	PUNCT
ejge-10225	74	4	conducted	conduct	VERB
ejge-10225	74	5	a	a	DET
ejge-10225	74	6	study	study	NOUN
ejge-10225	74	7	investigating	investigate	VERB
ejge-10225	74	8	investor	investor	NOUN
ejge-10225	74	9	sentiment	sentiment	NOUN
ejge-10225	74	10	developments	development	NOUN
ejge-10225	74	11	in	in	ADP
ejge-10225	74	12	stock	stock	NOUN
ejge-10225	74	13	markets	market	NOUN
ejge-10225	74	14	.	.	PUNCT
ejge-10225	75	1	the	the	DET
ejge-10225	75	2	researchers	researcher	NOUN
ejge-10225	75	3	found	find	VERB
ejge-10225	75	4	a	a	DET
ejge-10225	75	5	two	two	NUM
ejge-10225	75	6	-	-	PUNCT
ejge-10225	75	7	way	way	NOUN
ejge-10225	75	8	causal	causal	ADJ
ejge-10225	75	9	relationship	relationship	NOUN
ejge-10225	75	10	between	between	ADP
ejge-10225	75	11	consumer	consumer	NOUN
ejge-10225	75	12	confidence	confidence	NOUN
ejge-10225	75	13	and	and	CCONJ
ejge-10225	75	14	the	the	DET
ejge-10225	75	15	stock	stock	NOUN
ejge-10225	75	16	market	market	NOUN
ejge-10225	75	17	,	,	PUNCT
ejge-10225	75	18	indicating	indicate	VERB
ejge-10225	75	19	that	that	SCONJ
ejge-10225	75	20	changes	change	NOUN
ejge-10225	75	21	in	in	ADP
ejge-10225	75	22	stock	stock	NOUN
ejge-10225	75	23	returns	return	NOUN
ejge-10225	75	24	impact	impact	NOUN
ejge-10225	75	25	changes	change	NOUN
ejge-10225	75	26	in	in	ADP
ejge-10225	75	27	consumer	consumer	NOUN
ejge-10225	75	28	confidence	confidence	NOUN
ejge-10225	75	29	,	,	PUNCT
ejge-10225	75	30	and	and	CCONJ
ejge-10225	75	31	vice	vice	ADV
ejge-10225	75	32	versa	versa	ADV
ejge-10225	75	33	.	.	PUNCT
ejge-10225	76	1	the	the	DET
ejge-10225	76	2	authors	author	NOUN
ejge-10225	76	3	suggest	suggest	VERB
ejge-10225	76	4	that	that	SCONJ
ejge-10225	76	5	stock	stock	NOUN
ejge-10225	76	6	returns	return	NOUN
ejge-10225	76	7	can	can	AUX
ejge-10225	76	8	act	act	VERB
ejge-10225	76	9	as	as	ADP
ejge-10225	76	10	leading	lead	VERB
ejge-10225	76	11	indicators	indicator	NOUN
ejge-10225	76	12	of	of	ADP
ejge-10225	76	13	future	future	ADJ
ejge-10225	76	14	economic	economic	ADJ
ejge-10225	76	15	development	development	NOUN
ejge-10225	76	16	,	,	PUNCT
ejge-10225	76	17	influencing	influence	VERB
ejge-10225	76	18	investors	investor	NOUN
ejge-10225	76	19	’	'	PUNCT
ejge-10225	76	20	behaviour	behaviour	NOUN
ejge-10225	76	21	.	.	PUNCT
ejge-10225	77	1	they	they	PRON
ejge-10225	77	2	also	also	ADV
ejge-10225	77	3	propose	propose	VERB
ejge-10225	77	4	that	that	SCONJ
ejge-10225	77	5	consumer	consumer	NOUN
ejge-10225	77	6	confidence	confidence	NOUN
ejge-10225	77	7	is	be	AUX
ejge-10225	77	8	a	a	DET
ejge-10225	77	9	useful	useful	ADJ
ejge-10225	77	10	tool	tool	NOUN
ejge-10225	77	11	for	for	ADP
ejge-10225	77	12	predicting	predict	VERB
ejge-10225	77	13	stock	stock	NOUN
ejge-10225	77	14	returns	return	NOUN
ejge-10225	77	15	,	,	PUNCT
ejge-10225	77	16	especially	especially	ADV
ejge-10225	77	17	for	for	ADP
ejge-10225	77	18	small	small	ADJ
ejge-10225	77	19	-	-	PUNCT
ejge-10225	77	20	cap	cap	NOUN
ejge-10225	77	21	stocks	stock	NOUN
ejge-10225	77	22	.	.	PUNCT
ejge-10225	78	1	in	in	ADP
ejge-10225	78	2	contrast	contrast	NOUN
ejge-10225	78	3	to	to	ADP
ejge-10225	78	4	that	that	PRON
ejge-10225	78	5	,	,	PUNCT
ejge-10225	78	6	the	the	DET
ejge-10225	78	7	second	second	ADJ
ejge-10225	78	8	group	group	NOUN
ejge-10225	78	9	of	of	ADP
ejge-10225	78	10	papers	paper	NOUN
ejge-10225	78	11	,	,	PUNCT
ejge-10225	78	12	which	which	PRON
ejge-10225	78	13	focuses	focus	VERB
ejge-10225	78	14	on	on	ADP
ejge-10225	78	15	the	the	DET
ejge-10225	78	16	relationship	relationship	NOUN
ejge-10225	78	17	between	between	ADP
ejge-10225	78	18	etfs	etfs	PROPN
ejge-10225	78	19	and	and	CCONJ
ejge-10225	78	20	investor	investor	NOUN
ejge-10225	78	21	sentiment	sentiment	NOUN
ejge-10225	78	22	,	,	PUNCT
ejge-10225	78	23	provides	provide	VERB
ejge-10225	78	24	opposing	oppose	VERB
ejge-10225	78	25	arguments	argument	NOUN
ejge-10225	78	26	,	,	PUNCT
ejge-10225	78	27	suggesting	suggest	VERB
ejge-10225	78	28	that	that	SCONJ
ejge-10225	78	29	there	there	PRON
ejge-10225	78	30	is	be	VERB
ejge-10225	78	31	no	no	DET
ejge-10225	78	32	significant	significant	ADJ
ejge-10225	78	33	positive	positive	ADJ
ejge-10225	78	34	correlation	correlation	NOUN
ejge-10225	78	35	between	between	ADP
ejge-10225	78	36	consumer	consumer	NOUN
ejge-10225	78	37	confidence	confidence	NOUN
ejge-10225	78	38	and	and	CCONJ
ejge-10225	78	39	stocks	stock	NOUN
ejge-10225	78	40	.	.	PUNCT
ejge-10225	79	1	bremmer	bremmer	NOUN
ejge-10225	79	2	(	(	PUNCT
ejge-10225	79	3	2008	2008	NUM
ejge-10225	79	4	)	)	PUNCT
ejge-10225	79	5	examined	examine	VERB
ejge-10225	79	6	the	the	DET
ejge-10225	79	7	relationship	relationship	NOUN
ejge-10225	79	8	between	between	ADP
ejge-10225	79	9	consumer	consumer	NOUN
ejge-10225	79	10	confidence	confidence	NOUN
ejge-10225	79	11	and	and	CCONJ
ejge-10225	79	12	stock	stock	NOUN
ejge-10225	79	13	prices	price	NOUN
ejge-10225	79	14	and	and	CCONJ
ejge-10225	79	15	found	find	VERB
ejge-10225	79	16	that	that	SCONJ
ejge-10225	79	17	while	while	SCONJ
ejge-10225	79	18	stock	stock	NOUN
ejge-10225	79	19	prices	price	NOUN
ejge-10225	79	20	impact	impact	VERB
ejge-10225	79	21	consumer	consumer	NOUN
ejge-10225	79	22	confidence	confidence	NOUN
ejge-10225	79	23	in	in	ADP
ejge-10225	79	24	the	the	DET
ejge-10225	79	25	short	short	ADJ
ejge-10225	79	26	run	run	NOUN
ejge-10225	79	27	,	,	PUNCT
ejge-10225	79	28	there	there	PRON
ejge-10225	79	29	is	be	VERB
ejge-10225	79	30	no	no	DET
ejge-10225	79	31	long	long	ADV
ejge-10225	79	32	-	-	PUNCT
ejge-10225	79	33	run	run	NOUN
ejge-10225	79	34	relationship	relationship	NOUN
ejge-10225	79	35	between	between	ADP
ejge-10225	79	36	the	the	DET
ejge-10225	79	37	two	two	NUM
ejge-10225	79	38	.	.	PUNCT
ejge-10225	80	1	the	the	DET
ejge-10225	80	2	author	author	NOUN
ejge-10225	80	3	also	also	ADV
ejge-10225	80	4	identified	identify	VERB
ejge-10225	80	5	that	that	SCONJ
ejge-10225	80	6	unexpected	unexpected	ADJ
ejge-10225	80	7	changes	change	NOUN
ejge-10225	80	8	in	in	ADP
ejge-10225	80	9	consumer	consumer	NOUN
ejge-10225	80	10	confidence	confidence	NOUN
ejge-10225	80	11	have	have	VERB
ejge-10225	80	12	a	a	DET
ejge-10225	80	13	direct	direct	ADJ
ejge-10225	80	14	relationship	relationship	NOUN
ejge-10225	80	15	with	with	ADP
ejge-10225	80	16	stock	stock	NOUN
ejge-10225	80	17	prices	price	NOUN
ejge-10225	80	18	,	,	PUNCT
ejge-10225	80	19	while	while	SCONJ
ejge-10225	80	20	expected	expect	VERB
ejge-10225	80	21	changes	change	NOUN
ejge-10225	80	22	have	have	VERB
ejge-10225	80	23	no	no	DET
ejge-10225	80	24	effect	effect	NOUN
ejge-10225	80	25	.	.	PUNCT
ejge-10225	81	1	these	these	DET
ejge-10225	81	2	findings	finding	NOUN
ejge-10225	81	3	deviate	deviate	VERB
ejge-10225	81	4	from	from	ADP
ejge-10225	81	5	previous	previous	ADJ
ejge-10225	81	6	studies	study	NOUN
ejge-10225	81	7	and	and	CCONJ
ejge-10225	81	8	complement	complement	VERB
ejge-10225	81	9	the	the	DET
ejge-10225	81	10	efficient	efficient	ADJ
ejge-10225	81	11	market	market	NOUN
ejge-10225	81	12	hypothesis	hypothesis	NOUN
ejge-10225	81	13	(	(	PUNCT
ejge-10225	81	14	malkiel	malkiel	PROPN
ejge-10225	81	15	&	&	CCONJ
ejge-10225	81	16	fama	fama	PROPN
ejge-10225	81	17	,	,	PUNCT
ejge-10225	81	18	1970	1970	NUM
ejge-10225	81	19	)	)	PUNCT
ejge-10225	81	20	.	.	PUNCT
ejge-10225	82	1	unlike	unlike	ADP
ejge-10225	82	2	the	the	DET
ejge-10225	82	3	first	first	ADJ
ejge-10225	82	4	set	set	NOUN
ejge-10225	82	5	,	,	PUNCT
ejge-10225	82	6	this	this	DET
ejge-10225	82	7	set	set	NOUN
ejge-10225	82	8	presents	present	VERB
ejge-10225	82	9	quite	quite	ADV
ejge-10225	82	10	consistent	consistent	ADJ
ejge-10225	82	11	opinions	opinion	NOUN
ejge-10225	82	12	,	,	PUNCT
ejge-10225	82	13	suggesting	suggest	VERB
ejge-10225	82	14	that	that	SCONJ
ejge-10225	82	15	consumer	consumer	NOUN
ejge-10225	82	16	confidence	confidence	NOUN
ejge-10225	82	17	has	have	VERB
ejge-10225	82	18	an	an	DET
ejge-10225	82	19	impact	impact	NOUN
ejge-10225	82	20	on	on	ADP
ejge-10225	82	21	etf	etf	NOUN
ejge-10225	82	22	performance	performance	NOUN
ejge-10225	82	23	.	.	PUNCT
ejge-10225	83	1	ben	ben	PROPN
ejge-10225	83	2	-	-	PUNCT
ejge-10225	83	3	david	david	PROPN
ejge-10225	83	4	et	et	PROPN
ejge-10225	83	5	al	al	PROPN
ejge-10225	83	6	.	.	PROPN
ejge-10225	83	7	(	(	PUNCT
ejge-10225	83	8	2023	2023	NUM
ejge-10225	83	9	)	)	PUNCT
ejge-10225	83	10	investigated	investigate	VERB
ejge-10225	83	11	exchange	exchange	NOUN
ejge-10225	83	12	-	-	PUNCT
ejge-10225	83	13	traded	trade	VERB
ejge-10225	83	14	funds	fund	NOUN
ejge-10225	83	15	and	and	CCONJ
ejge-10225	83	16	their	their	PRON
ejge-10225	83	17	performance	performance	NOUN
ejge-10225	83	18	over	over	ADP
ejge-10225	83	19	time	time	NOUN
ejge-10225	83	20	.	.	PUNCT
ejge-10225	84	1	the	the	DET
ejge-10225	84	2	scientists	scientist	NOUN
ejge-10225	84	3	found	find	VERB
ejge-10225	84	4	that	that	PRON
ejge-10225	84	5	basic	basic	ADJ
ejge-10225	84	6	,	,	PUNCT
ejge-10225	84	7	inclusive	inclusive	ADJ
ejge-10225	84	8	etfs	etfs	PROPN
ejge-10225	84	9	are	be	AUX
ejge-10225	84	10	associated	associate	VERB
ejge-10225	84	11	with	with	ADP
ejge-10225	84	12	low	low	ADJ
ejge-10225	84	13	-	-	PUNCT
ejge-10225	84	14	cost	cost	NOUN
ejge-10225	84	15	diversification	diversification	NOUN
ejge-10225	84	16	,	,	PUNCT
ejge-10225	84	17	while	while	SCONJ
ejge-10225	84	18	specialised	specialised	ADJ
ejge-10225	84	19	etfs	etfs	PROPN
ejge-10225	84	20	that	that	PRON
ejge-10225	84	21	follow	follow	VERB
ejge-10225	84	22	popular	popular	ADJ
ejge-10225	84	23	investment	investment	NOUN
ejge-10225	84	24	trends	trend	NOUN
ejge-10225	84	25	often	often	ADV
ejge-10225	84	26	include	include	VERB
ejge-10225	84	27	overvalued	overvalued	ADJ
ejge-10225	84	28	stocks	stock	NOUN
ejge-10225	84	29	and	and	CCONJ
ejge-10225	84	30	,	,	PUNCT
ejge-10225	84	31	therefore	therefore	ADV
ejge-10225	84	32	,	,	PUNCT
ejge-10225	84	33	perform	perform	VERB
ejge-10225	84	34	poorly	poorly	ADV
ejge-10225	84	35	.	.	PUNCT
ejge-10225	85	1	the	the	DET
ejge-10225	85	2	authors	author	NOUN
ejge-10225	85	3	suggest	suggest	VERB
ejge-10225	85	4	that	that	SCONJ
ejge-10225	85	5	the	the	DET
ejge-10225	85	6	underperformance	underperformance	NOUN
ejge-10225	85	7	of	of	ADP
ejge-10225	85	8	specialised	specialised	PROPN
ejge-10225	85	9	etfs	etfs	PROPN
ejge-10225	85	10	is	be	AUX
ejge-10225	85	11	caused	cause	VERB
ejge-10225	85	12	by	by	ADP
ejge-10225	85	13	providers	provider	NOUN
ejge-10225	85	14	targeting	target	VERB
ejge-10225	85	15	investors	investor	NOUN
ejge-10225	85	16	’	’	PART
ejge-10225	85	17	overoptimistic	overoptimistic	ADJ
ejge-10225	85	18	beliefs	belief	NOUN
ejge-10225	85	19	by	by	ADP
ejge-10225	85	20	launching	launch	VERB
ejge-10225	85	21	etfs	etfs	PROPN
ejge-10225	85	22	after	after	ADP
ejge-10225	85	23	the	the	DET
ejge-10225	85	24	peak	peak	NOUN
ejge-10225	85	25	of	of	ADP
ejge-10225	85	26	excitement	excitement	NOUN
ejge-10225	85	27	around	around	ADP
ejge-10225	85	28	popular	popular	ADJ
ejge-10225	85	29	investment	investment	NOUN
ejge-10225	85	30	lines	line	NOUN
ejge-10225	85	31	.	.	PUNCT
ejge-10225	86	1	the	the	DET
ejge-10225	86	2	conclusion	conclusion	NOUN
ejge-10225	86	3	is	be	AUX
ejge-10225	86	4	that	that	SCONJ
ejge-10225	86	5	investor	investor	NOUN
ejge-10225	86	6	sentiment	sentiment	NOUN
ejge-10225	86	7	may	may	AUX
ejge-10225	86	8	be	be	AUX
ejge-10225	86	9	positively	positively	ADV
ejge-10225	86	10	correlated	correlate	VERB
ejge-10225	86	11	with	with	ADP
ejge-10225	86	12	specialised	specialised	ADJ
ejge-10225	86	13	etfs	etfs	PROPN
ejge-10225	86	14	’	'	PUNCT
ejge-10225	86	15	pricing	pricing	NOUN
ejge-10225	86	16	.	.	PUNCT
ejge-10225	87	1	tseng	tseng	PROPN
ejge-10225	87	2	and	and	CCONJ
ejge-10225	87	3	lee	lee	PROPN
ejge-10225	87	4	(	(	PUNCT
ejge-10225	87	5	2016	2016	NUM
ejge-10225	87	6	)	)	PUNCT
ejge-10225	87	7	explored	explore	VERB
ejge-10225	87	8	the	the	DET
ejge-10225	87	9	features	feature	NOUN
ejge-10225	87	10	of	of	ADP
ejge-10225	87	11	the	the	DET
ejge-10225	87	12	etf	etf	NOUN
ejge-10225	87	13	market	market	NOUN
ejge-10225	87	14	in	in	ADP
ejge-10225	87	15	asia	asia	PROPN
ejge-10225	87	16	and	and	CCONJ
ejge-10225	87	17	examined	examine	VERB
ejge-10225	87	18	the	the	DET
ejge-10225	87	19	relationship	relationship	NOUN
ejge-10225	87	20	between	between	ADP
ejge-10225	87	21	investor	investor	NOUN
ejge-10225	87	22	sentiment	sentiment	NOUN
ejge-10225	87	23	,	,	PUNCT
ejge-10225	87	24	etf	etf	NOUN
ejge-10225	87	25	liquidity	liquidity	NOUN
ejge-10225	87	26	,	,	PUNCT
ejge-10225	87	27	and	and	CCONJ
ejge-10225	87	28	each	each	DET
ejge-10225	87	29	other	other	ADJ
ejge-10225	87	30	.	.	PUNCT
ejge-10225	88	1	the	the	DET
ejge-10225	88	2	researchers	researcher	NOUN
ejge-10225	88	3	employed	employ	VERB
ejge-10225	88	4	the	the	DET
ejge-10225	88	5	generalised	generalise	VERB
ejge-10225	88	6	autoregressive	autoregressive	ADJ
ejge-10225	88	7	conditional	conditional	ADJ
ejge-10225	88	8	heteroscedastic	heteroscedastic	ADJ
ejge-10225	88	9	(	(	PUNCT
ejge-10225	88	10	garch	garch	NOUN
ejge-10225	88	11	)	)	PUNCT
ejge-10225	88	12	model	model	NOUN
ejge-10225	88	13	to	to	PART
ejge-10225	88	14	analyse	analyse	VERB
ejge-10225	88	15	etfs	etfs	PROPN
ejge-10225	88	16	from	from	ADP
ejge-10225	88	17	different	different	ADJ
ejge-10225	88	18	asian	asian	ADJ
ejge-10225	88	19	markets	market	NOUN
ejge-10225	88	20	.	.	PUNCT
ejge-10225	89	1	the	the	DET
ejge-10225	89	2	authors	author	NOUN
ejge-10225	89	3	found	find	VERB
ejge-10225	89	4	that	that	SCONJ
ejge-10225	89	5	investor	investor	NOUN
ejge-10225	89	6	sentiment	sentiment	NOUN
ejge-10225	89	7	has	have	VERB
ejge-10225	89	8	a	a	DET
ejge-10225	89	9	significant	significant	ADJ
ejge-10225	89	10	impact	impact	NOUN
ejge-10225	89	11	on	on	ADP
ejge-10225	89	12	etf	etf	NOUN
ejge-10225	89	13	liquidity	liquidity	NOUN
ejge-10225	89	14	.	.	PUNCT
ejge-10225	90	1	notably	notably	ADV
ejge-10225	90	2	,	,	PUNCT
ejge-10225	90	3	trading	trading	NOUN
ejge-10225	90	4	volume	volume	NOUN
ejge-10225	90	5	and	and	CCONJ
ejge-10225	90	6	investor	investor	NOUN
ejge-10225	90	7	sentiment	sentiment	NOUN
ejge-10225	90	8	were	be	AUX
ejge-10225	90	9	identified	identify	VERB
ejge-10225	90	10	as	as	ADP
ejge-10225	90	11	significant	significant	ADJ
ejge-10225	90	12	factors	factor	NOUN
ejge-10225	90	13	for	for	ADP
ejge-10225	90	14	etf	etf	NOUN
ejge-10225	90	15	liquidity	liquidity	NOUN
ejge-10225	90	16	.	.	PUNCT
ejge-10225	91	1	this	this	DET
ejge-10225	91	2	finding	finding	NOUN
ejge-10225	91	3	emphasises	emphasise	VERB
ejge-10225	91	4	the	the	DET
ejge-10225	91	5	importance	importance	NOUN
ejge-10225	91	6	of	of	ADP
ejge-10225	91	7	considering	consider	VERB
ejge-10225	91	8	investor	investor	NOUN
ejge-10225	91	9	sentiment	sentiment	NOUN
ejge-10225	91	10	when	when	SCONJ
ejge-10225	91	11	making	make	VERB
ejge-10225	91	12	investment	investment	NOUN
ejge-10225	91	13	decisions	decision	NOUN
ejge-10225	91	14	and	and	CCONJ
ejge-10225	91	15	adjusting	adjust	VERB
ejge-10225	91	16	investment	investment	NOUN
ejge-10225	91	17	portfolios	portfolio	NOUN
ejge-10225	91	18	using	use	VERB
ejge-10225	91	19	etfs	etfs	NOUN
ejge-10225	91	20	.	.	PUNCT
ejge-10225	92	1	several	several	ADJ
ejge-10225	92	2	other	other	ADJ
ejge-10225	92	3	studies	study	NOUN
ejge-10225	92	4	in	in	ADP
ejge-10225	92	5	this	this	DET
ejge-10225	92	6	set	set	NOUN
ejge-10225	92	7	also	also	ADV
ejge-10225	92	8	support	support	VERB
ejge-10225	92	9	the	the	DET
ejge-10225	92	10	idea	idea	NOUN
ejge-10225	92	11	that	that	SCONJ
ejge-10225	92	12	investor	investor	NOUN
ejge-10225	92	13	sentiment	sentiment	NOUN
ejge-10225	92	14	,	,	PUNCT
ejge-10225	92	15	as	as	SCONJ
ejge-10225	92	16	measured	measure	VERB
ejge-10225	92	17	by	by	ADP
ejge-10225	92	18	consumer	consumer	NOUN
ejge-10225	92	19	confidence	confidence	NOUN
ejge-10225	92	20	,	,	PUNCT
ejge-10225	92	21	influences	influence	VERB
ejge-10225	92	22	etf	etf	NOUN
ejge-10225	92	23	performance	performance	NOUN
ejge-10225	92	24	.	.	PUNCT
ejge-10225	93	1	ma	ma	PROPN
ejge-10225	93	2	et	et	PROPN
ejge-10225	93	3	al	al	PROPN
ejge-10225	93	4	.	.	PROPN
ejge-10225	94	1	(	(	PUNCT
ejge-10225	94	2	2018	2018	NUM
ejge-10225	94	3	)	)	PUNCT
ejge-10225	94	4	examined	examine	VERB
ejge-10225	94	5	the	the	DET
ejge-10225	94	6	relationship	relationship	NOUN
ejge-10225	94	7	between	between	ADP
ejge-10225	94	8	market	market	NOUN
ejge-10225	94	9	sentiment	sentiment	NOUN
ejge-10225	94	10	and	and	CCONJ
ejge-10225	94	11	the	the	DET
ejge-10225	94	12	price	price	NOUN
ejge-10225	94	13	deviations	deviation	NOUN
ejge-10225	94	14	of	of	ADP
ejge-10225	94	15	asian	asian	PROPN
ejge-10225	94	16	etfs	etfs	PROPN
ejge-10225	94	17	from	from	ADP
ejge-10225	94	18	their	their	PRON
ejge-10225	94	19	underlying	underlie	VERB
ejge-10225	94	20	fundamentals	fundamental	NOUN
ejge-10225	94	21	.	.	PUNCT
ejge-10225	95	1	the	the	DET
ejge-10225	95	2	researchers	researcher	NOUN
ejge-10225	95	3	confirmed	confirm	VERB
ejge-10225	95	4	that	that	SCONJ
ejge-10225	95	5	investor	investor	NOUN
ejge-10225	95	6	overreaction	overreaction	NOUN
ejge-10225	95	7	may	may	AUX
ejge-10225	95	8	cause	cause	VERB
ejge-10225	95	9	etf	etf	NOUN
ejge-10225	95	10	prices	price	NOUN
ejge-10225	95	11	to	to	PART
ejge-10225	95	12	deviate	deviate	VERB
ejge-10225	95	13	from	from	ADP
ejge-10225	95	14	their	their	PRON
ejge-10225	95	15	intrinsic	intrinsic	ADJ
ejge-10225	95	16	value	value	NOUN
ejge-10225	95	17	,	,	PUNCT
ejge-10225	95	18	with	with	ADP
ejge-10225	95	19	sentiment	sentiment	NOUN
ejge-10225	95	20	playing	play	VERB
ejge-10225	95	21	a	a	DET
ejge-10225	95	22	significant	significant	ADJ
ejge-10225	95	23	role	role	NOUN
ejge-10225	95	24	.	.	PUNCT
ejge-10225	96	1	bahadar	bahadar	NOUN
ejge-10225	96	2	et	et	PROPN
ejge-10225	96	3	al	al	PROPN
ejge-10225	96	4	.	.	PROPN
ejge-10225	97	1	(	(	PUNCT
ejge-10225	97	2	2019	2019	NUM
ejge-10225	97	3	)	)	PUNCT
ejge-10225	97	4	demonstrated	demonstrate	VERB
ejge-10225	97	5	the	the	DET
ejge-10225	97	6	significance	significance	NOUN
ejge-10225	97	7	of	of	ADP
ejge-10225	97	8	the	the	DET
ejge-10225	97	9	behavioural	behavioural	ADJ
ejge-10225	97	10	approach	approach	NOUN
ejge-10225	97	11	in	in	ADP
ejge-10225	97	12	understanding	understand	VERB
ejge-10225	97	13	the	the	DET
ejge-10225	97	14	peculiarities	peculiarity	NOUN
ejge-10225	97	15	of	of	ADP
ejge-10225	97	16	etf	etf	NOUN
ejge-10225	97	17	trading	trading	NOUN
ejge-10225	97	18	.	.	PUNCT
ejge-10225	98	1	the	the	DET
ejge-10225	98	2	authors	author	NOUN
ejge-10225	98	3	found	find	VERB
ejge-10225	98	4	strong	strong	ADJ
ejge-10225	98	5	herding	herding	NOUN
ejge-10225	98	6	behaviour	behaviour	NOUN
ejge-10225	98	7	among	among	ADP
ejge-10225	98	8	investors	investor	NOUN
ejge-10225	98	9	in	in	ADP
ejge-10225	98	10	the	the	DET
ejge-10225	98	11	leveraged	leverage	VERB
ejge-10225	98	12	exchangetraded	exchangetrade	VERB
ejge-10225	98	13	funds	fund	NOUN
ejge-10225	98	14	(	(	PUNCT
ejge-10225	98	15	letfs	letfs	PROPN
ejge-10225	98	16	)	)	PUNCT
ejge-10225	98	17	market	market	NOUN
ejge-10225	98	18	,	,	PUNCT
ejge-10225	98	19	particularly	particularly	ADV
ejge-10225	98	20	during	during	ADP
ejge-10225	98	21	bear	bear	NOUN
ejge-10225	98	22	markets	market	NOUN
ejge-10225	98	23	and	and	CCONJ
ejge-10225	98	24	the	the	DET
ejge-10225	98	25	global	global	ADJ
ejge-10225	98	26	financial	financial	ADJ
ejge-10225	98	27	crisis	crisis	NOUN
ejge-10225	98	28	.	.	PUNCT
ejge-10225	99	1	the	the	DET
ejge-10225	99	2	third	third	ADJ
ejge-10225	99	3	set	set	NOUN
ejge-10225	99	4	of	of	ADP
ejge-10225	99	5	literature	literature	NOUN
ejge-10225	99	6	focuses	focus	VERB
ejge-10225	99	7	on	on	ADP
ejge-10225	99	8	the	the	DET
ejge-10225	99	9	etf	etf	NOUN
ejge-10225	99	10	markets	market	NOUN
ejge-10225	99	11	in	in	ADP
ejge-10225	99	12	europe	europe	PROPN
ejge-10225	99	13	.	.	PUNCT
ejge-10225	100	1	yiannaki	yiannaki	PROPN
ejge-10225	100	2	(	(	PUNCT
ejge-10225	100	3	2015	2015	NUM
ejge-10225	100	4	)	)	PUNCT
ejge-10225	100	5	concludes	conclude	VERB
ejge-10225	100	6	that	that	SCONJ
ejge-10225	100	7	european	european	PROPN
ejge-10225	100	8	etfs	etfs	PROPN
ejge-10225	100	9	closely	closely	ADV
ejge-10225	100	10	track	track	VERB
ejge-10225	100	11	their	their	PRON
ejge-10225	100	12	benchmarks	benchmark	NOUN
ejge-10225	100	13	without	without	ADP
ejge-10225	100	14	significant	significant	ADJ
ejge-10225	100	15	deviation	deviation	NOUN
ejge-10225	100	16	.	.	PUNCT
ejge-10225	101	1	feder	feder	NOUN
ejge-10225	101	2	-	-	PUNCT
ejge-10225	101	3	sempach	sempach	NOUN
ejge-10225	101	4	and	and	CCONJ
ejge-10225	101	5	miziołek	miziołek	NOUN
ejge-10225	101	6	(	(	PUNCT
ejge-10225	101	7	2023	2023	NUM
ejge-10225	101	8	)	)	PUNCT
ejge-10225	101	9	support	support	VERB
ejge-10225	101	10	this	this	DET
ejge-10225	101	11	conclusion	conclusion	NOUN
ejge-10225	101	12	and	and	CCONJ
ejge-10225	101	13	demonstrate	demonstrate	VERB
ejge-10225	101	14	that	that	SCONJ
ejge-10225	101	15	tracking	track	VERB
ejge-10225	101	16	errors	error	NOUN
ejge-10225	101	17	in	in	ADP
ejge-10225	101	18	european	european	PROPN
ejge-10225	101	19	etfs	etfs	PROPN
ejge-10225	101	20	are	be	AUX
ejge-10225	101	21	generally	generally	ADV
ejge-10225	101	22	low	low	ADJ
ejge-10225	101	23	.	.	PUNCT
ejge-10225	102	1	however	however	ADV
ejge-10225	102	2	,	,	PUNCT
ejge-10225	102	3	zawadzki	zawadzki	NOUN
ejge-10225	102	4	(	(	PUNCT
ejge-10225	102	5	2020	2020	NUM
ejge-10225	102	6	)	)	PUNCT
ejge-10225	102	7	presents	present	VERB
ejge-10225	102	8	contrasting	contrast	VERB
ejge-10225	102	9	arguments	argument	NOUN
ejge-10225	102	10	,	,	PUNCT
ejge-10225	102	11	analysing	analyse	VERB
ejge-10225	102	12	the	the	DET
ejge-10225	102	13	performance	performance	NOUN
ejge-10225	102	14	of	of	ADP
ejge-10225	102	15	ishares	ishares	PROPN
ejge-10225	102	16	etfs	etfs	PROPN
ejge-10225	102	17	in	in	ADP
ejge-10225	102	18	relation	relation	NOUN
ejge-10225	102	19	to	to	ADP
ejge-10225	102	20	their	their	PRON
ejge-10225	102	21	specific	specific	ADJ
ejge-10225	102	22	benchmarks	benchmark	NOUN
ejge-10225	102	23	.	.	PUNCT
ejge-10225	103	1	the	the	DET
ejge-10225	103	2	author	author	NOUN
ejge-10225	103	3	finds	find	VERB
ejge-10225	103	4	that	that	SCONJ
ejge-10225	103	5	etfs	etfs	PROPN
ejge-10225	103	6	do	do	VERB
ejge-10225	103	7	investor	investor	NOUN
ejge-10225	103	8	sentiment	sentiment	NOUN
ejge-10225	103	9	and	and	CCONJ
ejge-10225	103	10	euro	euro	PROPN
ejge-10225	103	11	area	area	NOUN
ejge-10225	103	12	etfs	etfs	PROPN
ejge-10225	103	13	not	not	PART
ejge-10225	103	14	consistently	consistently	ADV
ejge-10225	103	15	follow	follow	VERB
ejge-10225	103	16	the	the	DET
ejge-10225	103	17	performance	performance	NOUN
ejge-10225	103	18	of	of	ADP
ejge-10225	103	19	their	their	PRON
ejge-10225	103	20	benchmarks	benchmark	NOUN
ejge-10225	103	21	,	,	PUNCT
ejge-10225	103	22	and	and	CCONJ
ejge-10225	103	23	the	the	DET
ejge-10225	103	24	level	level	NOUN
ejge-10225	103	25	of	of	ADP
ejge-10225	103	26	discrepancies	discrepancy	NOUN
ejge-10225	103	27	varies	vary	VERB
ejge-10225	103	28	across	across	ADP
ejge-10225	103	29	different	different	ADJ
ejge-10225	103	30	regions	region	NOUN
ejge-10225	103	31	and	and	CCONJ
ejge-10225	103	32	markets	market	NOUN
ejge-10225	103	33	.	.	PUNCT
ejge-10225	104	1	3	3	X
ejge-10225	104	2	.	.	X
ejge-10225	104	3	materials	material	NOUN
ejge-10225	104	4	and	and	CCONJ
ejge-10225	104	5	methods	method	NOUN
ejge-10225	104	6	in	in	ADP
ejge-10225	104	7	this	this	DET
ejge-10225	104	8	study	study	NOUN
ejge-10225	104	9	,	,	PUNCT
ejge-10225	104	10	the	the	DET
ejge-10225	104	11	authors	author	NOUN
ejge-10225	104	12	have	have	AUX
ejge-10225	104	13	performed	perform	VERB
ejge-10225	104	14	several	several	ADJ
ejge-10225	104	15	methods	method	NOUN
ejge-10225	104	16	of	of	ADP
ejge-10225	104	17	data	datum	NOUN
ejge-10225	104	18	analysis	analysis	NOUN
ejge-10225	104	19	to	to	PART
ejge-10225	104	20	investigate	investigate	VERB
ejge-10225	104	21	the	the	DET
ejge-10225	104	22	relationship	relationship	NOUN
ejge-10225	104	23	between	between	ADP
ejge-10225	104	24	the	the	DET
ejge-10225	104	25	etfs	etfs	NOUN
ejge-10225	104	26	and	and	CCONJ
ejge-10225	104	27	the	the	DET
ejge-10225	104	28	cci	cci	NOUN
ejge-10225	104	29	in	in	ADP
ejge-10225	104	30	the	the	DET
ejge-10225	104	31	euro	euro	PROPN
ejge-10225	104	32	area	area	NOUN
ejge-10225	104	33	.	.	PUNCT
ejge-10225	105	1	the	the	DET
ejge-10225	105	2	first	first	ADJ
ejge-10225	105	3	method	method	NOUN
ejge-10225	105	4	employed	employ	VERB
ejge-10225	105	5	in	in	ADP
ejge-10225	105	6	the	the	DET
ejge-10225	105	7	paper	paper	NOUN
ejge-10225	105	8	is	be	AUX
ejge-10225	105	9	panel	panel	NOUN
ejge-10225	105	10	data	datum	NOUN
ejge-10225	105	11	analysis	analysis	NOUN
ejge-10225	105	12	,	,	PUNCT
ejge-10225	105	13	a	a	DET
ejge-10225	105	14	widely	widely	ADV
ejge-10225	105	15	used	use	VERB
ejge-10225	105	16	approach	approach	NOUN
ejge-10225	105	17	in	in	ADP
ejge-10225	105	18	empirical	empirical	ADJ
ejge-10225	105	19	research	research	NOUN
ejge-10225	105	20	to	to	PART
ejge-10225	105	21	investigate	investigate	VERB
ejge-10225	105	22	the	the	DET
ejge-10225	105	23	impact	impact	NOUN
ejge-10225	105	24	of	of	ADP
ejge-10225	105	25	independent	independent	ADJ
ejge-10225	105	26	variables	variable	NOUN
ejge-10225	105	27	over	over	ADP
ejge-10225	105	28	time	time	NOUN
ejge-10225	105	29	.	.	PUNCT
ejge-10225	106	1	panel	panel	NOUN
ejge-10225	106	2	data	data	PROPN
ejge-10225	106	3	regression	regression	NOUN
ejge-10225	106	4	models	model	NOUN
ejge-10225	106	5	are	be	AUX
ejge-10225	106	6	useful	useful	ADJ
ejge-10225	106	7	for	for	ADP
ejge-10225	106	8	examining	examine	VERB
ejge-10225	106	9	correlations	correlation	NOUN
ejge-10225	106	10	between	between	ADP
ejge-10225	106	11	variables	variable	NOUN
ejge-10225	106	12	in	in	ADP
ejge-10225	106	13	situations	situation	NOUN
ejge-10225	106	14	where	where	SCONJ
ejge-10225	106	15	the	the	DET
ejge-10225	106	16	data	data	NOUN
ejge-10225	106	17	contains	contain	VERB
ejge-10225	106	18	both	both	DET
ejge-10225	106	19	a	a	DET
ejge-10225	106	20	cross	cross	ADJ
ejge-10225	106	21	-	-	ADJ
ejge-10225	106	22	sectional	sectional	ADJ
ejge-10225	106	23	and	and	CCONJ
ejge-10225	106	24	a	a	DET
ejge-10225	106	25	time	time	NOUN
ejge-10225	106	26	-	-	PUNCT
ejge-10225	106	27	series	series	NOUN
ejge-10225	106	28	component	component	NOUN
ejge-10225	106	29	.	.	PUNCT
ejge-10225	107	1	by	by	ADP
ejge-10225	107	2	taking	take	VERB
ejge-10225	107	3	into	into	ADP
ejge-10225	107	4	consideration	consideration	NOUN
ejge-10225	107	5	the	the	DET
ejge-10225	107	6	temporal	temporal	ADJ
ejge-10225	107	7	dynamics	dynamic	NOUN
ejge-10225	107	8	within	within	ADP
ejge-10225	107	9	each	each	DET
ejge-10225	107	10	market	market	NOUN
ejge-10225	107	11	,	,	PUNCT
ejge-10225	107	12	this	this	DET
ejge-10225	107	13	method	method	NOUN
ejge-10225	107	14	enables	enable	VERB
ejge-10225	107	15	the	the	DET
ejge-10225	107	16	researchers	researcher	NOUN
ejge-10225	107	17	to	to	PART
ejge-10225	107	18	account	account	VERB
ejge-10225	107	19	for	for	ADP
ejge-10225	107	20	potential	potential	ADJ
ejge-10225	107	21	variability	variability	NOUN
ejge-10225	107	22	across	across	ADP
ejge-10225	107	23	the	the	DET
ejge-10225	107	24	various	various	ADJ
ejge-10225	107	25	markets	market	NOUN
ejge-10225	107	26	.	.	PUNCT
ejge-10225	108	1	the	the	DET
ejge-10225	108	2	panel	panel	NOUN
ejge-10225	108	3	data	data	NOUN
ejge-10225	108	4	model	model	NOUN
ejge-10225	108	5	includes	include	VERB
ejge-10225	108	6	7	7	NUM
ejge-10225	108	7	euro	euro	NOUN
ejge-10225	108	8	area	area	NOUN
ejge-10225	108	9	developed	develop	VERB
ejge-10225	108	10	markets	market	NOUN
ejge-10225	108	11	such	such	ADJ
ejge-10225	108	12	as	as	ADP
ejge-10225	108	13	austria	austria	PROPN
ejge-10225	108	14	,	,	PUNCT
ejge-10225	108	15	belgium	belgium	PROPN
ejge-10225	108	16	,	,	PUNCT
ejge-10225	108	17	france	france	PROPN
ejge-10225	108	18	,	,	PUNCT
ejge-10225	108	19	germany	germany	PROPN
ejge-10225	108	20	,	,	PUNCT
ejge-10225	108	21	italy	italy	PROPN
ejge-10225	108	22	,	,	PUNCT
ejge-10225	108	23	the	the	DET
ejge-10225	108	24	netherlands	netherlands	PROPN
ejge-10225	108	25	,	,	PUNCT
ejge-10225	108	26	and	and	CCONJ
ejge-10225	108	27	spain	spain	PROPN
ejge-10225	108	28	.	.	PUNCT
ejge-10225	109	1	the	the	DET
ejge-10225	109	2	analysis	analysis	NOUN
ejge-10225	109	3	of	of	ADP
ejge-10225	109	4	this	this	DET
ejge-10225	109	5	study	study	NOUN
ejge-10225	109	6	covers	cover	VERB
ejge-10225	109	7	the	the	DET
ejge-10225	109	8	time	time	NOUN
ejge-10225	109	9	period	period	NOUN
ejge-10225	109	10	from	from	ADP
ejge-10225	109	11	march	march	PROPN
ejge-10225	109	12	1st	1st	NOUN
ejge-10225	109	13	,	,	PUNCT
ejge-10225	109	14	2015	2015	NUM
ejge-10225	109	15	,	,	PUNCT
ejge-10225	109	16	to	to	ADP
ejge-10225	109	17	march	march	PROPN
ejge-10225	109	18	1st	1st	NOUN
ejge-10225	109	19	,	,	PUNCT
ejge-10225	109	20	2023	2023	NUM
ejge-10225	109	21	.	.	PUNCT
ejge-10225	110	1	this	this	DET
ejge-10225	110	2	time	time	NOUN
ejge-10225	110	3	period	period	NOUN
ejge-10225	110	4	has	have	AUX
ejge-10225	110	5	been	be	AUX
ejge-10225	110	6	chosen	choose	VERB
ejge-10225	110	7	to	to	PART
ejge-10225	110	8	capture	capture	VERB
ejge-10225	110	9	the	the	DET
ejge-10225	110	10	recent	recent	ADJ
ejge-10225	110	11	trends	trend	NOUN
ejge-10225	110	12	in	in	ADP
ejge-10225	110	13	the	the	DET
ejge-10225	110	14	economic	economic	ADJ
ejge-10225	110	15	development	development	NOUN
ejge-10225	110	16	of	of	ADP
ejge-10225	110	17	the	the	DET
ejge-10225	110	18	markets	market	NOUN
ejge-10225	110	19	in	in	ADP
ejge-10225	110	20	question	question	NOUN
ejge-10225	110	21	.	.	PUNCT
ejge-10225	111	1	it	it	PRON
ejge-10225	111	2	allows	allow	VERB
ejge-10225	111	3	for	for	SCONJ
ejge-10225	111	4	the	the	DET
ejge-10225	111	5	model	model	NOUN
ejge-10225	111	6	to	to	PART
ejge-10225	111	7	examine	examine	VERB
ejge-10225	111	8	the	the	DET
ejge-10225	111	9	relationship	relationship	NOUN
ejge-10225	111	10	between	between	ADP
ejge-10225	111	11	the	the	DET
ejge-10225	111	12	etfs	etfs	PROPN
ejge-10225	111	13	and	and	CCONJ
ejge-10225	111	14	cci	cci	PROPN
ejge-10225	111	15	over	over	ADP
ejge-10225	111	16	a	a	DET
ejge-10225	111	17	dynamic	dynamic	ADJ
ejge-10225	111	18	time	time	NOUN
ejge-10225	111	19	frame	frame	NOUN
ejge-10225	111	20	that	that	PRON
ejge-10225	111	21	may	may	AUX
ejge-10225	111	22	provide	provide	VERB
ejge-10225	111	23	new	new	ADJ
ejge-10225	111	24	insights	insight	NOUN
ejge-10225	111	25	into	into	ADP
ejge-10225	111	26	significant	significant	ADJ
ejge-10225	111	27	trends	trend	NOUN
ejge-10225	111	28	in	in	ADP
ejge-10225	111	29	the	the	DET
ejge-10225	111	30	data	datum	NOUN
ejge-10225	111	31	.	.	PUNCT
ejge-10225	112	1	this	this	DET
ejge-10225	112	2	panel	panel	NOUN
ejge-10225	112	3	model	model	NOUN
ejge-10225	112	4	uses	use	VERB
ejge-10225	112	5	data	datum	NOUN
ejge-10225	112	6	on	on	ADP
ejge-10225	112	7	specific	specific	ADJ
ejge-10225	112	8	etfs	etfs	NOUN
ejge-10225	112	9	’	'	PUNCT
ejge-10225	112	10	prices	price	NOUN
ejge-10225	112	11	for	for	ADP
ejge-10225	112	12	each	each	DET
ejge-10225	112	13	market	market	NOUN
ejge-10225	112	14	.	.	PUNCT
ejge-10225	113	1	the	the	DET
ejge-10225	113	2	prices	price	NOUN
ejge-10225	113	3	of	of	ADP
ejge-10225	113	4	the	the	DET
ejge-10225	113	5	following	follow	VERB
ejge-10225	113	6	etfs	etfs	PROPN
ejge-10225	113	7	have	have	AUX
ejge-10225	113	8	been	be	AUX
ejge-10225	113	9	used	use	VERB
ejge-10225	113	10	in	in	ADP
ejge-10225	113	11	the	the	DET
ejge-10225	113	12	model	model	NOUN
ejge-10225	113	13	:	:	PUNCT
ejge-10225	113	14	ishares	ishares	PROPN
ejge-10225	113	15	atx	atx	PROPN
ejge-10225	113	16	ucits	ucit	NOUN
ejge-10225	113	17	etf	etf	NOUN
ejge-10225	113	18	(	(	PUNCT
ejge-10225	113	19	de	de	PROPN
ejge-10225	113	20	)	)	PUNCT
ejge-10225	113	21	(	(	PUNCT
ejge-10225	113	22	ex01	ex01	PROPN
ejge-10225	113	23	)	)	PUNCT
ejge-10225	113	24	for	for	ADP
ejge-10225	113	25	austria	austria	PROPN
ejge-10225	113	26	,	,	PUNCT
ejge-10225	113	27	lyxor	lyxor	VERB
ejge-10225	113	28	ucits	ucit	NOUN
ejge-10225	113	29	bel	bel	VERB
ejge-10225	113	30	20	20	NUM
ejge-10225	113	31	tr	tr	NOUN
ejge-10225	113	32	(	(	PUNCT
ejge-10225	113	33	bel	bel	NOUN
ejge-10225	113	34	)	)	PUNCT
ejge-10225	113	35	for	for	ADP
ejge-10225	113	36	belgium	belgium	PROPN
ejge-10225	113	37	,	,	PUNCT
ejge-10225	113	38	ishares	ishares	PROPN
ejge-10225	113	39	core	core	PROPN
ejge-10225	113	40	dax	dax	PROPN
ejge-10225	113	41	®	®	PROPN
ejge-10225	113	42	ucits	ucit	NOUN
ejge-10225	113	43	etf	etf	NOUN
ejge-10225	113	44	(	(	PUNCT
ejge-10225	113	45	de	de	NOUN
ejge-10225	113	46	)	)	PUNCT
ejge-10225	113	47	eur	eur	PROPN
ejge-10225	113	48	(	(	PUNCT
ejge-10225	113	49	acc	acc	PROPN
ejge-10225	113	50	)	)	PUNCT
ejge-10225	113	51	(	(	PUNCT
ejge-10225	113	52	gdaxiex	gdaxiex	PROPN
ejge-10225	113	53	)	)	PUNCT
ejge-10225	113	54	for	for	ADP
ejge-10225	113	55	germany	germany	PROPN
ejge-10225	113	56	,	,	PUNCT
ejge-10225	113	57	accion	accion	PROPN
ejge-10225	113	58	ibex	ibex	ADJ
ejge-10225	113	59	35	35	NUM
ejge-10225	113	60	cotizado	cotizado	NOUN
ejge-10225	113	61	armonizado	armonizado	NOUN
ejge-10225	113	62	fi	fi	NOUN
ejge-10225	113	63	(	(	PUNCT
ejge-10225	113	64	bbvai	bbvai	VERB
ejge-10225	113	65	)	)	PUNCT
ejge-10225	113	66	for	for	ADP
ejge-10225	113	67	spain	spain	PROPN
ejge-10225	113	68	,	,	PUNCT
ejge-10225	113	69	lyxor	lyxor	VERB
ejge-10225	113	70	ucits	ucit	NOUN
ejge-10225	113	71	cac	cac	PROPN
ejge-10225	113	72	40	40	NUM
ejge-10225	113	73	(	(	PUNCT
ejge-10225	113	74	dr	dr	PROPN
ejge-10225	113	75	)	)	PUNCT
ejge-10225	113	76	deur	deur	PROPN
ejge-10225	113	77	(	(	PUNCT
ejge-10225	113	78	cac	cac	PROPN
ejge-10225	113	79	)	)	PUNCT
ejge-10225	113	80	for	for	ADP
ejge-10225	113	81	france	france	PROPN
ejge-10225	113	82	,	,	PUNCT
ejge-10225	113	83	lyxor	lyxor	VERB
ejge-10225	113	84	ucits	ucit	NOUN
ejge-10225	113	85	ftse	ftse	PROPN
ejge-10225	113	86	mib	mib	PROPN
ejge-10225	113	87	(	(	PUNCT
ejge-10225	113	88	etfmib	etfmib	PROPN
ejge-10225	113	89	)	)	PUNCT
ejge-10225	113	90	for	for	ADP
ejge-10225	113	91	italy	italy	PROPN
ejge-10225	113	92	,	,	PUNCT
ejge-10225	113	93	ishares	ishares	PROPN
ejge-10225	113	94	aex	aex	PROPN
ejge-10225	113	95	ucits	ucit	NOUN
ejge-10225	113	96	(	(	PUNCT
ejge-10225	113	97	iaex	iaex	PROPN
ejge-10225	113	98	)	)	PUNCT
ejge-10225	113	99	for	for	ADP
ejge-10225	113	100	the	the	DET
ejge-10225	113	101	netherlands	netherlands	PROPN
ejge-10225	113	102	.	.	PUNCT
ejge-10225	114	1	these	these	DET
ejge-10225	114	2	models	model	NOUN
ejge-10225	114	3	offer	offer	VERB
ejge-10225	114	4	thorough	thorough	ADJ
ejge-10225	114	5	historical	historical	ADJ
ejge-10225	114	6	pricing	pricing	NOUN
ejge-10225	114	7	data	datum	NOUN
ejge-10225	114	8	for	for	ADP
ejge-10225	114	9	their	their	PRON
ejge-10225	114	10	exchange	exchange	NOUN
ejge-10225	114	11	-	-	PUNCT
ejge-10225	114	12	traded	trade	VERB
ejge-10225	114	13	funds	fund	NOUN
ejge-10225	114	14	,	,	PUNCT
ejge-10225	114	15	which	which	PRON
ejge-10225	114	16	helped	help	VERB
ejge-10225	114	17	the	the	DET
ejge-10225	114	18	researchers	researcher	NOUN
ejge-10225	114	19	gather	gather	VERB
ejge-10225	114	20	a	a	DET
ejge-10225	114	21	large	large	ADJ
ejge-10225	114	22	dataset	dataset	NOUN
ejge-10225	114	23	encompassing	encompass	VERB
ejge-10225	114	24	the	the	DET
ejge-10225	114	25	markets	market	NOUN
ejge-10225	114	26	of	of	ADP
ejge-10225	114	27	interest	interest	NOUN
ejge-10225	114	28	in	in	ADP
ejge-10225	114	29	the	the	DET
ejge-10225	114	30	euro	euro	PROPN
ejge-10225	114	31	area	area	NOUN
ejge-10225	114	32	.	.	PUNCT
ejge-10225	115	1	the	the	DET
ejge-10225	115	2	independent	independent	ADJ
ejge-10225	115	3	variable	variable	NOUN
ejge-10225	115	4	in	in	ADP
ejge-10225	115	5	the	the	DET
ejge-10225	115	6	model	model	NOUN
ejge-10225	115	7	is	be	AUX
ejge-10225	115	8	the	the	DET
ejge-10225	115	9	cci	cci	NOUN
ejge-10225	115	10	value	value	NOUN
ejge-10225	115	11	for	for	ADP
ejge-10225	115	12	each	each	PRON
ejge-10225	115	13	of	of	ADP
ejge-10225	115	14	the	the	DET
ejge-10225	115	15	seven	seven	NUM
ejge-10225	115	16	markets	market	NOUN
ejge-10225	115	17	that	that	PRON
ejge-10225	115	18	have	have	AUX
ejge-10225	115	19	been	be	AUX
ejge-10225	115	20	extracted	extract	VERB
ejge-10225	115	21	from	from	ADP
ejge-10225	115	22	the	the	DET
ejge-10225	115	23	oecd	oecd	PROPN
ejge-10225	115	24	database	database	NOUN
ejge-10225	115	25	.	.	PUNCT
ejge-10225	116	1	the	the	DET
ejge-10225	116	2	oecd	oecd	PROPN
ejge-10225	116	3	is	be	AUX
ejge-10225	116	4	a	a	DET
ejge-10225	116	5	well	well	ADV
ejge-10225	116	6	-	-	PUNCT
ejge-10225	116	7	established	establish	VERB
ejge-10225	116	8	international	international	ADJ
ejge-10225	116	9	organisation	organisation	NOUN
ejge-10225	116	10	that	that	PRON
ejge-10225	116	11	collects	collect	VERB
ejge-10225	116	12	and	and	CCONJ
ejge-10225	116	13	publishes	publish	VERB
ejge-10225	116	14	a	a	DET
ejge-10225	116	15	wide	wide	ADJ
ejge-10225	116	16	range	range	NOUN
ejge-10225	116	17	of	of	ADP
ejge-10225	116	18	economic	economic	ADJ
ejge-10225	116	19	and	and	CCONJ
ejge-10225	116	20	social	social	ADJ
ejge-10225	116	21	indicators	indicator	NOUN
ejge-10225	116	22	,	,	PUNCT
ejge-10225	116	23	including	include	VERB
ejge-10225	116	24	the	the	DET
ejge-10225	116	25	cci	cci	PROPN
ejge-10225	116	26	,	,	PUNCT
ejge-10225	116	27	which	which	PRON
ejge-10225	116	28	is	be	AUX
ejge-10225	116	29	a	a	DET
ejge-10225	116	30	widely	widely	ADV
ejge-10225	116	31	recognised	recognise	VERB
ejge-10225	116	32	measure	measure	NOUN
ejge-10225	116	33	of	of	ADP
ejge-10225	116	34	consumer	consumer	NOUN
ejge-10225	116	35	sentiment	sentiment	NOUN
ejge-10225	116	36	.	.	PUNCT
ejge-10225	117	1	the	the	DET
ejge-10225	117	2	study	study	NOUN
ejge-10225	117	3	guarantees	guarantee	VERB
ejge-10225	117	4	the	the	DET
ejge-10225	117	5	accuracy	accuracy	NOUN
ejge-10225	117	6	and	and	CCONJ
ejge-10225	117	7	legitimacy	legitimacy	NOUN
ejge-10225	117	8	of	of	ADP
ejge-10225	117	9	the	the	DET
ejge-10225	117	10	data	datum	NOUN
ejge-10225	117	11	utilised	utilise	VERB
ejge-10225	117	12	in	in	ADP
ejge-10225	117	13	the	the	DET
ejge-10225	117	14	analysis	analysis	NOUN
ejge-10225	117	15	by	by	ADP
ejge-10225	117	16	utilising	utilise	VERB
ejge-10225	117	17	these	these	DET
ejge-10225	117	18	reputable	reputable	ADJ
ejge-10225	117	19	data	datum	NOUN
ejge-10225	117	20	sources	source	NOUN
ejge-10225	117	21	.	.	PUNCT
ejge-10225	118	1	the	the	DET
ejge-10225	118	2	values	value	NOUN
ejge-10225	118	3	for	for	ADP
ejge-10225	118	4	etf	etf	NOUN
ejge-10225	118	5	price	price	NOUN
ejge-10225	118	6	dynamics	dynamic	NOUN
ejge-10225	118	7	and	and	CCONJ
ejge-10225	118	8	cci	cci	NOUN
ejge-10225	118	9	dynamics	dynamic	NOUN
ejge-10225	118	10	for	for	ADP
ejge-10225	118	11	each	each	DET
ejge-10225	118	12	market	market	NOUN
ejge-10225	118	13	can	can	AUX
ejge-10225	118	14	be	be	AUX
ejge-10225	118	15	found	find	VERB
ejge-10225	118	16	in	in	ADP
ejge-10225	118	17	appendix	appendix	PROPN
ejge-10225	118	18	b	b	NOUN
ejge-10225	118	19	and	and	CCONJ
ejge-10225	118	20	appendix	appendix	ADJ
ejge-10225	118	21	c.	c.	NOUN
ejge-10225	118	22	after	after	ADP
ejge-10225	118	23	conducting	conduct	VERB
ejge-10225	118	24	the	the	DET
ejge-10225	118	25	panel	panel	NOUN
ejge-10225	118	26	data	datum	NOUN
ejge-10225	118	27	analysis	analysis	NOUN
ejge-10225	118	28	,	,	PUNCT
ejge-10225	118	29	the	the	DET
ejge-10225	118	30	authors	author	NOUN
ejge-10225	118	31	of	of	ADP
ejge-10225	118	32	this	this	DET
ejge-10225	118	33	study	study	NOUN
ejge-10225	118	34	have	have	AUX
ejge-10225	118	35	decided	decide	VERB
ejge-10225	118	36	to	to	PART
ejge-10225	118	37	look	look	VERB
ejge-10225	118	38	at	at	ADP
ejge-10225	118	39	the	the	DET
ejge-10225	118	40	hypothesis	hypothesis	NOUN
ejge-10225	118	41	from	from	ADP
ejge-10225	118	42	another	another	DET
ejge-10225	118	43	perspective	perspective	NOUN
ejge-10225	118	44	and	and	CCONJ
ejge-10225	118	45	investigate	investigate	VERB
ejge-10225	118	46	the	the	DET
ejge-10225	118	47	relationship	relationship	NOUN
ejge-10225	118	48	between	between	ADP
ejge-10225	118	49	the	the	DET
ejge-10225	118	50	ishares	ishares	PROPN
ejge-10225	118	51	msci	msci	PROPN
ejge-10225	118	52	eurozone	eurozone	PROPN
ejge-10225	118	53	etf	etf	NOUN
ejge-10225	118	54	and	and	CCONJ
ejge-10225	118	55	the	the	DET
ejge-10225	118	56	cci	cci	PROPN
ejge-10225	118	57	ea19	ea19	PROPN
ejge-10225	118	58	,	,	PUNCT
ejge-10225	118	59	employing	employ	VERB
ejge-10225	118	60	additional	additional	ADJ
ejge-10225	118	61	methods	method	NOUN
ejge-10225	118	62	such	such	ADJ
ejge-10225	118	63	as	as	ADP
ejge-10225	118	64	correlation	correlation	NOUN
ejge-10225	118	65	analysis	analysis	NOUN
ejge-10225	118	66	,	,	PUNCT
ejge-10225	118	67	regression	regression	VERB
ejge-10225	118	68	analysis	analysis	NOUN
ejge-10225	118	69	,	,	PUNCT
ejge-10225	118	70	and	and	CCONJ
ejge-10225	118	71	the	the	DET
ejge-10225	118	72	granger	granger	PROPN
ejge-10225	118	73	causality	causality	PROPN
ejge-10225	118	74	test	test	NOUN
ejge-10225	118	75	.	.	PUNCT
ejge-10225	119	1	time	time	NOUN
ejge-10225	119	2	series	series	PROPN
ejge-10225	119	3	plots	plot	VERB
ejge-10225	119	4	for	for	SCONJ
ejge-10225	119	5	both	both	PRON
ejge-10225	119	6	ishares	ishare	NOUN
ejge-10225	119	7	msci	msci	PROPN
ejge-10225	119	8	eurozone	eurozone	NOUN
ejge-10225	119	9	etf	etf	NOUN
ejge-10225	119	10	prices	price	NOUN
ejge-10225	119	11	and	and	CCONJ
ejge-10225	119	12	values	value	NOUN
ejge-10225	119	13	of	of	ADP
ejge-10225	119	14	cci	cci	PROPN
ejge-10225	119	15	ea19	ea19	PROPN
ejge-10225	119	16	can	can	AUX
ejge-10225	119	17	be	be	AUX
ejge-10225	119	18	found	find	VERB
ejge-10225	119	19	in	in	ADP
ejge-10225	119	20	appendix	appendix	ADJ
ejge-10225	119	21	d	d	NOUN
ejge-10225	119	22	and	and	CCONJ
ejge-10225	119	23	appendix	appendix	VERB
ejge-10225	119	24	e.	e.	PROPN
ejge-10225	119	25	correlation	correlation	PROPN
ejge-10225	119	26	analysis	analysis	NOUN
ejge-10225	119	27	has	have	AUX
ejge-10225	119	28	been	be	AUX
ejge-10225	119	29	used	use	VERB
ejge-10225	119	30	to	to	PART
ejge-10225	119	31	explore	explore	VERB
ejge-10225	119	32	the	the	DET
ejge-10225	119	33	linear	linear	PROPN
ejge-10225	119	34	association	association	NOUN
ejge-10225	119	35	and	and	CCONJ
ejge-10225	119	36	measure	measure	VERB
ejge-10225	119	37	the	the	DET
ejge-10225	119	38	strength	strength	NOUN
ejge-10225	119	39	and	and	CCONJ
ejge-10225	119	40	direction	direction	NOUN
ejge-10225	119	41	of	of	ADP
ejge-10225	119	42	the	the	DET
ejge-10225	119	43	relationship	relationship	NOUN
ejge-10225	119	44	between	between	ADP
ejge-10225	119	45	the	the	DET
ejge-10225	119	46	two	two	NUM
ejge-10225	119	47	variables	variable	NOUN
ejge-10225	119	48	.	.	PUNCT
ejge-10225	120	1	this	this	DET
ejge-10225	120	2	type	type	NOUN
ejge-10225	120	3	of	of	ADP
ejge-10225	120	4	analysis	analysis	NOUN
ejge-10225	120	5	is	be	AUX
ejge-10225	120	6	useful	useful	ADJ
ejge-10225	120	7	for	for	ADP
ejge-10225	120	8	understanding	understand	VERB
ejge-10225	120	9	the	the	DET
ejge-10225	120	10	extent	extent	NOUN
ejge-10225	120	11	to	to	PART
ejge-10225	120	12	which	which	PRON
ejge-10225	120	13	the	the	DET
ejge-10225	120	14	etf	etf	NOUN
ejge-10225	120	15	and	and	CCONJ
ejge-10225	120	16	cci	cci	PROPN
ejge-10225	120	17	are	be	AUX
ejge-10225	120	18	related	relate	VERB
ejge-10225	120	19	and	and	CCONJ
ejge-10225	120	20	identifying	identify	VERB
ejge-10225	120	21	any	any	DET
ejge-10225	120	22	potential	potential	ADJ
ejge-10225	120	23	patterns	pattern	NOUN
ejge-10225	120	24	in	in	ADP
ejge-10225	120	25	their	their	PRON
ejge-10225	120	26	relationship	relationship	NOUN
ejge-10225	120	27	.	.	PUNCT
ejge-10225	121	1	regression	regression	NOUN
ejge-10225	121	2	analysis	analysis	NOUN
ejge-10225	121	3	has	have	AUX
ejge-10225	121	4	been	be	AUX
ejge-10225	121	5	performed	perform	VERB
ejge-10225	121	6	to	to	PART
ejge-10225	121	7	estimate	estimate	VERB
ejge-10225	121	8	the	the	DET
ejge-10225	121	9	impact	impact	NOUN
ejge-10225	121	10	of	of	ADP
ejge-10225	121	11	cci	cci	PROPN
ejge-10225	121	12	on	on	ADP
ejge-10225	121	13	the	the	DET
ejge-10225	121	14	ishares	ishares	PROPN
ejge-10225	121	15	msci	msci	PROPN
ejge-10225	121	16	eurozone	eurozone	PROPN
ejge-10225	121	17	etf	etf	PROPN
ejge-10225	121	18	.	.	PUNCT
ejge-10225	122	1	regression	regression	VERB
ejge-10225	122	2	analysis	analysis	NOUN
ejge-10225	122	3	helps	help	VERB
ejge-10225	122	4	to	to	PART
ejge-10225	122	5	better	well	ADV
ejge-10225	122	6	understand	understand	VERB
ejge-10225	122	7	the	the	DET
ejge-10225	122	8	extent	extent	NOUN
ejge-10225	122	9	to	to	PART
ejge-10225	122	10	which	which	PRON
ejge-10225	122	11	the	the	DET
ejge-10225	122	12	cci	cci	NOUN
ejge-10225	122	13	might	might	AUX
ejge-10225	122	14	affect	affect	VERB
ejge-10225	122	15	the	the	DET
ejge-10225	122	16	170	170	NUM
ejge-10225	122	17	pavlo	pavlo	NOUN
ejge-10225	122	18	dziuba	dziuba	PROPN
ejge-10225	122	19	et	et	PROPN
ejge-10225	122	20	al	al	PROPN
ejge-10225	122	21	.	.	PROPN
ejge-10225	122	22	ishares	ishares	PROPN
ejge-10225	122	23	msci	msci	PROPN
ejge-10225	122	24	eurozone	eurozone	PROPN
ejge-10225	122	25	etf	etf	NOUN
ejge-10225	122	26	.	.	PUNCT
ejge-10225	123	1	finally	finally	ADV
ejge-10225	123	2	,	,	PUNCT
ejge-10225	123	3	granger	granger	PROPN
ejge-10225	123	4	causality	causality	NOUN
ejge-10225	123	5	tests	test	NOUN
ejge-10225	123	6	have	have	AUX
ejge-10225	123	7	been	be	AUX
ejge-10225	123	8	performed	perform	VERB
ejge-10225	123	9	to	to	PART
ejge-10225	123	10	investigate	investigate	VERB
ejge-10225	123	11	the	the	DET
ejge-10225	123	12	direction	direction	NOUN
ejge-10225	123	13	of	of	ADP
ejge-10225	123	14	causality	causality	NOUN
ejge-10225	123	15	between	between	ADP
ejge-10225	123	16	the	the	DET
ejge-10225	123	17	etf	etf	NOUN
ejge-10225	123	18	and	and	CCONJ
ejge-10225	123	19	the	the	DET
ejge-10225	123	20	cci	cci	PROPN
ejge-10225	123	21	.	.	PUNCT
ejge-10225	124	1	granger	granger	PROPN
ejge-10225	124	2	causality	causality	PROPN
ejge-10225	124	3	tests	test	NOUN
ejge-10225	124	4	are	be	AUX
ejge-10225	124	5	common	common	ADJ
ejge-10225	124	6	means	mean	NOUN
ejge-10225	124	7	of	of	ADP
ejge-10225	124	8	data	datum	NOUN
ejge-10225	124	9	investigation	investigation	NOUN
ejge-10225	124	10	that	that	PRON
ejge-10225	124	11	help	help	AUX
ejge-10225	124	12	determine	determine	VERB
ejge-10225	124	13	whether	whether	SCONJ
ejge-10225	124	14	the	the	DET
ejge-10225	124	15	cci	cci	NOUN
ejge-10225	124	16	causes	cause	VERB
ejge-10225	124	17	changes	change	NOUN
ejge-10225	124	18	in	in	ADP
ejge-10225	124	19	the	the	DET
ejge-10225	124	20	ishares	ishares	NOUN
ejge-10225	124	21	etf	etf	NOUN
ejge-10225	124	22	or	or	CCONJ
ejge-10225	124	23	vice	vice	NOUN
ejge-10225	124	24	versa	versa	ADV
ejge-10225	124	25	.	.	PUNCT
ejge-10225	125	1	the	the	DET
ejge-10225	125	2	combination	combination	NOUN
ejge-10225	125	3	of	of	ADP
ejge-10225	125	4	econometric	econometric	ADJ
ejge-10225	125	5	methods	method	NOUN
ejge-10225	125	6	in	in	ADP
ejge-10225	125	7	question	question	NOUN
ejge-10225	125	8	should	should	AUX
ejge-10225	125	9	help	help	VERB
ejge-10225	125	10	explore	explore	VERB
ejge-10225	125	11	the	the	DET
ejge-10225	125	12	nature	nature	NOUN
ejge-10225	125	13	of	of	ADP
ejge-10225	125	14	the	the	DET
ejge-10225	125	15	relationship	relationship	NOUN
ejge-10225	125	16	between	between	ADP
ejge-10225	125	17	consumer	consumer	NOUN
ejge-10225	125	18	confidence	confidence	NOUN
ejge-10225	125	19	and	and	CCONJ
ejge-10225	125	20	etf	etf	NOUN
ejge-10225	125	21	pricing	pricing	NOUN
ejge-10225	125	22	in	in	ADP
ejge-10225	125	23	the	the	DET
ejge-10225	125	24	markets	market	NOUN
ejge-10225	125	25	of	of	ADP
ejge-10225	125	26	the	the	DET
ejge-10225	125	27	euro	euro	PROPN
ejge-10225	125	28	area	area	NOUN
ejge-10225	125	29	in	in	ADP
ejge-10225	125	30	a	a	DET
ejge-10225	125	31	comprehensive	comprehensive	ADJ
ejge-10225	125	32	and	and	CCONJ
ejge-10225	125	33	robust	robust	ADJ
ejge-10225	125	34	manner	manner	NOUN
ejge-10225	125	35	.	.	PUNCT
ejge-10225	126	1	it	it	PRON
ejge-10225	126	2	is	be	AUX
ejge-10225	126	3	necessary	necessary	ADJ
ejge-10225	126	4	to	to	PART
ejge-10225	126	5	note	note	VERB
ejge-10225	126	6	that	that	SCONJ
ejge-10225	126	7	the	the	DET
ejge-10225	126	8	methods	method	NOUN
ejge-10225	126	9	employed	employ	VERB
ejge-10225	126	10	in	in	ADP
ejge-10225	126	11	this	this	DET
ejge-10225	126	12	paper	paper	NOUN
ejge-10225	126	13	have	have	VERB
ejge-10225	126	14	several	several	ADJ
ejge-10225	126	15	limitations	limitation	NOUN
ejge-10225	126	16	.	.	PUNCT
ejge-10225	127	1	the	the	DET
ejge-10225	127	2	authors	author	NOUN
ejge-10225	127	3	only	only	ADV
ejge-10225	127	4	investigate	investigate	VERB
ejge-10225	127	5	the	the	DET
ejge-10225	127	6	relationship	relationship	NOUN
ejge-10225	127	7	between	between	ADP
ejge-10225	127	8	cci	cci	NOUN
ejge-10225	127	9	and	and	CCONJ
ejge-10225	127	10	etf	etf	NOUN
ejge-10225	127	11	in	in	ADP
ejge-10225	127	12	the	the	DET
ejge-10225	127	13	euro	euro	PROPN
ejge-10225	127	14	area	area	NOUN
ejge-10225	127	15	markets	market	NOUN
ejge-10225	127	16	,	,	PUNCT
ejge-10225	127	17	limiting	limit	VERB
ejge-10225	127	18	the	the	DET
ejge-10225	127	19	paper	paper	NOUN
ejge-10225	127	20	’s	’s	PART
ejge-10225	127	21	findings	finding	NOUN
ejge-10225	127	22	only	only	ADV
ejge-10225	127	23	to	to	ADP
ejge-10225	127	24	one	one	NUM
ejge-10225	127	25	region	region	NOUN
ejge-10225	127	26	.	.	PUNCT
ejge-10225	128	1	also	also	ADV
ejge-10225	128	2	,	,	PUNCT
ejge-10225	128	3	the	the	DET
ejge-10225	128	4	researchers	researcher	NOUN
ejge-10225	128	5	only	only	ADV
ejge-10225	128	6	consider	consider	VERB
ejge-10225	128	7	stock	stock	NOUN
ejge-10225	128	8	etfs	etfs	PROPN
ejge-10225	128	9	,	,	PUNCT
ejge-10225	128	10	ignoring	ignore	VERB
ejge-10225	128	11	other	other	ADJ
ejge-10225	128	12	types	type	NOUN
ejge-10225	128	13	of	of	ADP
ejge-10225	128	14	etfs	etfs	NOUN
ejge-10225	128	15	such	such	ADJ
ejge-10225	128	16	as	as	ADP
ejge-10225	128	17	bond	bond	NOUN
ejge-10225	128	18	,	,	PUNCT
ejge-10225	128	19	commodity	commodity	NOUN
ejge-10225	128	20	,	,	PUNCT
ejge-10225	128	21	or	or	CCONJ
ejge-10225	128	22	currency	currency	NOUN
ejge-10225	128	23	etfs	etfs	NOUN
ejge-10225	128	24	,	,	PUNCT
ejge-10225	128	25	which	which	PRON
ejge-10225	128	26	may	may	AUX
ejge-10225	128	27	behave	behave	VERB
ejge-10225	128	28	differently	differently	ADV
ejge-10225	128	29	in	in	ADP
ejge-10225	128	30	terms	term	NOUN
ejge-10225	128	31	of	of	ADP
ejge-10225	128	32	consumer	consumer	NOUN
ejge-10225	128	33	confidence	confidence	NOUN
ejge-10225	128	34	.	.	PUNCT
ejge-10225	129	1	in	in	ADP
ejge-10225	129	2	addition	addition	NOUN
ejge-10225	129	3	,	,	PUNCT
ejge-10225	129	4	a	a	DET
ejge-10225	129	5	single	single	ADJ
ejge-10225	129	6	independent	independent	ADJ
ejge-10225	129	7	variable	variable	NOUN
ejge-10225	129	8	is	be	AUX
ejge-10225	129	9	employed	employ	VERB
ejge-10225	129	10	,	,	PUNCT
ejge-10225	129	11	the	the	DET
ejge-10225	129	12	consumer	consumer	NOUN
ejge-10225	129	13	confidence	confidence	NOUN
ejge-10225	129	14	index	index	NOUN
ejge-10225	129	15	,	,	PUNCT
ejge-10225	129	16	to	to	PART
ejge-10225	129	17	explain	explain	VERB
ejge-10225	129	18	the	the	DET
ejge-10225	129	19	pricing	pricing	NOUN
ejge-10225	129	20	of	of	ADP
ejge-10225	129	21	etfs	etfs	PROPN
ejge-10225	129	22	,	,	PUNCT
ejge-10225	129	23	while	while	SCONJ
ejge-10225	129	24	other	other	ADJ
ejge-10225	129	25	factors	factor	NOUN
ejge-10225	129	26	that	that	PRON
ejge-10225	129	27	may	may	AUX
ejge-10225	129	28	affect	affect	VERB
ejge-10225	129	29	etf	etf	NOUN
ejge-10225	129	30	pricing	pricing	NOUN
ejge-10225	129	31	,	,	PUNCT
ejge-10225	129	32	such	such	ADJ
ejge-10225	129	33	as	as	ADP
ejge-10225	129	34	interest	interest	NOUN
ejge-10225	129	35	rates	rate	NOUN
ejge-10225	129	36	,	,	PUNCT
ejge-10225	129	37	macroeconomic	macroeconomic	ADJ
ejge-10225	129	38	indicators	indicator	NOUN
ejge-10225	129	39	,	,	PUNCT
ejge-10225	129	40	or	or	CCONJ
ejge-10225	129	41	political	political	ADJ
ejge-10225	129	42	events	event	NOUN
ejge-10225	129	43	,	,	PUNCT
ejge-10225	129	44	are	be	AUX
ejge-10225	129	45	omitted	omit	VERB
ejge-10225	129	46	.	.	PUNCT
ejge-10225	130	1	finally	finally	ADV
ejge-10225	130	2	,	,	PUNCT
ejge-10225	130	3	the	the	DET
ejge-10225	130	4	time	time	NOUN
ejge-10225	130	5	period	period	NOUN
ejge-10225	130	6	may	may	AUX
ejge-10225	130	7	also	also	ADV
ejge-10225	130	8	limit	limit	VERB
ejge-10225	130	9	the	the	DET
ejge-10225	130	10	generalisability	generalisability	NOUN
ejge-10225	130	11	of	of	ADP
ejge-10225	130	12	the	the	DET
ejge-10225	130	13	findings	finding	NOUN
ejge-10225	130	14	,	,	PUNCT
ejge-10225	130	15	as	as	SCONJ
ejge-10225	130	16	it	it	PRON
ejge-10225	130	17	only	only	ADV
ejge-10225	130	18	covers	cover	VERB
ejge-10225	130	19	a	a	DET
ejge-10225	130	20	specific	specific	ADJ
ejge-10225	130	21	period	period	NOUN
ejge-10225	130	22	,	,	PUNCT
ejge-10225	130	23	not	not	PART
ejge-10225	130	24	considering	consider	VERB
ejge-10225	130	25	trends	trend	NOUN
ejge-10225	130	26	or	or	CCONJ
ejge-10225	130	27	cyclical	cyclical	ADJ
ejge-10225	130	28	patterns	pattern	NOUN
ejge-10225	130	29	for	for	ADP
ejge-10225	130	30	the	the	DET
ejge-10225	130	31	longer	long	ADJ
ejge-10225	130	32	time	time	NOUN
ejge-10225	130	33	period	period	NOUN
ejge-10225	130	34	.	.	PUNCT
ejge-10225	131	1	4	4	X
ejge-10225	131	2	.	.	NOUN
ejge-10225	131	3	results	result	VERB
ejge-10225	131	4	4.1	4.1	NUM
ejge-10225	131	5	comprehensive	comprehensive	ADJ
ejge-10225	131	6	analysis	analysis	NOUN
ejge-10225	131	7	of	of	ADP
ejge-10225	131	8	the	the	DET
ejge-10225	131	9	relationship	relationship	NOUN
ejge-10225	131	10	between	between	ADP
ejge-10225	131	11	investor	investor	NOUN
ejge-10225	131	12	sentiment	sentiment	NOUN
ejge-10225	131	13	and	and	CCONJ
ejge-10225	131	14	european	european	ADJ
ejge-10225	131	15	etf	etf	NOUN
ejge-10225	131	16	pricing	pricing	NOUN
ejge-10225	131	17	the	the	DET
ejge-10225	131	18	study	study	NOUN
ejge-10225	131	19	has	have	AUX
ejge-10225	131	20	employed	employ	VERB
ejge-10225	131	21	a	a	DET
ejge-10225	131	22	random	random	ADJ
ejge-10225	131	23	effects	effect	NOUN
ejge-10225	131	24	panel	panel	NOUN
ejge-10225	131	25	regression	regression	VERB
ejge-10225	131	26	with	with	ADP
ejge-10225	131	27	etf	etf	NOUN
ejge-10225	131	28	prices	price	NOUN
ejge-10225	131	29	as	as	ADP
ejge-10225	131	30	the	the	DET
ejge-10225	131	31	dependent	dependent	ADJ
ejge-10225	131	32	variable	variable	NOUN
ejge-10225	131	33	and	and	CCONJ
ejge-10225	131	34	cci	cci	NOUN
ejge-10225	131	35	values	value	NOUN
ejge-10225	131	36	as	as	ADP
ejge-10225	131	37	the	the	DET
ejge-10225	131	38	independent	independent	ADJ
ejge-10225	131	39	variable	variable	NOUN
ejge-10225	131	40	.	.	PUNCT
ejge-10225	132	1	this	this	DET
ejge-10225	132	2	sample	sample	NOUN
ejge-10225	132	3	comprises	comprise	VERB
ejge-10225	132	4	seven	seven	NUM
ejge-10225	132	5	markets	market	NOUN
ejge-10225	132	6	(	(	PUNCT
ejge-10225	132	7	austria	austria	PROPN
ejge-10225	132	8	,	,	PUNCT
ejge-10225	132	9	belgium	belgium	PROPN
ejge-10225	132	10	,	,	PUNCT
ejge-10225	132	11	france	france	PROPN
ejge-10225	132	12	,	,	PUNCT
ejge-10225	132	13	germany	germany	PROPN
ejge-10225	132	14	,	,	PUNCT
ejge-10225	132	15	italy	italy	PROPN
ejge-10225	132	16	,	,	PUNCT
ejge-10225	132	17	the	the	DET
ejge-10225	132	18	netherlands	netherlands	PROPN
ejge-10225	132	19	,	,	PUNCT
ejge-10225	132	20	and	and	CCONJ
ejge-10225	132	21	spain	spain	PROPN
ejge-10225	132	22	)	)	PUNCT
ejge-10225	132	23	and	and	CCONJ
ejge-10225	132	24	678	678	NUM
ejge-10225	132	25	observations	observation	NOUN
ejge-10225	132	26	.	.	PUNCT
ejge-10225	133	1	the	the	DET
ejge-10225	133	2	following	follow	VERB
ejge-10225	133	3	scatterplot	scatterplot	NOUN
ejge-10225	133	4	demonstrates	demonstrate	VERB
ejge-10225	133	5	the	the	DET
ejge-10225	133	6	relationship	relationship	NOUN
ejge-10225	133	7	between	between	ADP
ejge-10225	133	8	the	the	DET
ejge-10225	133	9	etf	etf	NOUN
ejge-10225	133	10	price	price	NOUN
ejge-10225	133	11	and	and	CCONJ
ejge-10225	133	12	the	the	DET
ejge-10225	133	13	cci	cci	NOUN
ejge-10225	133	14	value	value	NOUN
ejge-10225	133	15	for	for	ADP
ejge-10225	133	16	each	each	DET
ejge-10225	133	17	market	market	NOUN
ejge-10225	133	18	(	(	PUNCT
ejge-10225	133	19	table	table	NOUN
ejge-10225	133	20	1	1	NUM
ejge-10225	133	21	,	,	PUNCT
ejge-10225	133	22	figure	figure	NOUN
ejge-10225	133	23	1	1	NUM
ejge-10225	133	24	)	)	PUNCT
ejge-10225	133	25	.	.	PUNCT
ejge-10225	134	1	table	table	NOUN
ejge-10225	134	2	1	1	NUM
ejge-10225	134	3	.	.	PUNCT
ejge-10225	135	1	panel	panel	NOUN
ejge-10225	135	2	data	data	VERB
ejge-10225	135	3	analysis	analysis	NOUN
ejge-10225	135	4	results	result	NOUN
ejge-10225	135	5	.	.	PUNCT
ejge-10225	136	1	dependent	dependent	ADJ
ejge-10225	136	2	variable	variable	NOUN
ejge-10225	136	3	:	:	PUNCT
ejge-10225	136	4	etf_price	etf_price	NOUN
ejge-10225	136	5	model	model	NOUN
ejge-10225	136	6	1	1	NUM
ejge-10225	136	7	model	model	NOUN
ejge-10225	136	8	2	2	NUM
ejge-10225	136	9	cci_value	cci_value	NOUN
ejge-10225	136	10	-0.491	-0.491	NOUN
ejge-10225	136	11	*	*	NOUN
ejge-10225	136	12	*	*	PUNCT
ejge-10225	136	13	*	*	PUNCT
ejge-10225	136	14	(	(	PUNCT
ejge-10225	136	15	0.18	0.18	NUM
ejge-10225	136	16	)	)	PUNCT
ejge-10225	136	17	-0.49	-0.49	ADP
ejge-10225	136	18	*	*	NOUN
ejge-10225	136	19	*	*	PUNCT
ejge-10225	136	20	*	*	PUNCT
ejge-10225	136	21	(	(	PUNCT
ejge-10225	136	22	0.18	0.18	NUM
ejge-10225	136	23	)	)	PUNCT
ejge-10225	136	24	constant	constant	ADJ
ejge-10225	136	25	97.027	97.027	NUM
ejge-10225	136	26	*	*	NOUN
ejge-10225	136	27	*	*	PUNCT
ejge-10225	136	28	*	*	PUNCT
ejge-10225	136	29	(	(	PUNCT
ejge-10225	136	30	22.343	22.343	NUM
ejge-10225	136	31	)	)	PUNCT
ejge-10225	136	32	observations	observation	NOUN
ejge-10225	136	33	678	678	NUM
ejge-10225	136	34	678	678	NUM
ejge-10225	136	35	r2	r2	NOUN
ejge-10225	136	36	0.011	0.011	NUM
ejge-10225	136	37	0.011	0.011	NUM
ejge-10225	136	38	adjusted	adjust	VERB
ejge-10225	136	39	r2	r2	PROPN
ejge-10225	136	40	0.001	0.001	NUM
ejge-10225	136	41	0.009	0.009	NUM
ejge-10225	136	42	f	f	PROPN
ejge-10225	136	43	statistic	statistic	NOUN
ejge-10225	136	44	7.451	7.451	NUM
ejge-10225	136	45	*	*	PUNCT
ejge-10225	136	46	*	*	PUNCT
ejge-10225	136	47	*	*	PUNCT
ejge-10225	136	48	(	(	PUNCT
ejge-10225	136	49	df=1	df=1	PROPN
ejge-10225	136	50	;	;	PUNCT
ejge-10225	136	51	670	670	NUM
ejge-10225	136	52	)	)	PUNCT
ejge-10225	136	53	7.452	7.452	NUM
ejge-10225	136	54	*	*	PUNCT
ejge-10225	136	55	*	*	PUNCT
ejge-10225	136	56	*	*	PUNCT
ejge-10225	136	57	note	note	NOUN
ejge-10225	136	58	:	:	PUNCT
ejge-10225	136	59	*	*	PUNCT
ejge-10225	136	60	p<0.1	p<0.1	NUM
ejge-10225	136	61	;	;	PUNCT
ejge-10225	136	62	*	*	PUNCT
ejge-10225	136	63	*	*	NOUN
ejge-10225	136	64	p<0.05	p<0.05	NOUN
ejge-10225	136	65	;	;	PUNCT
ejge-10225	136	66	*	*	PUNCT
ejge-10225	136	67	*	*	PUNCT
ejge-10225	136	68	*	*	PUNCT
ejge-10225	136	69	p<0.01	p<0.01	PROPN
ejge-10225	136	70	.	.	PROPN
ejge-10225	136	71	source	source	NOUN
ejge-10225	136	72	:	:	PUNCT
ejge-10225	136	73	compiled	compile	VERB
ejge-10225	136	74	by	by	ADP
ejge-10225	136	75	the	the	DET
ejge-10225	136	76	authors	author	NOUN
ejge-10225	136	77	.	.	PUNCT
ejge-10225	137	1	investor	investor	NOUN
ejge-10225	137	2	sentiment	sentiment	NOUN
ejge-10225	137	3	and	and	CCONJ
ejge-10225	137	4	euro	euro	PROPN
ejge-10225	137	5	area	area	NOUN
ejge-10225	137	6	etfs	etfs	PROPN
ejge-10225	137	7	figure	figure	NOUN
ejge-10225	137	8	1	1	NUM
ejge-10225	137	9	.	.	PUNCT
ejge-10225	138	1	the	the	DET
ejge-10225	138	2	etfs	etfs	PROPN
ejge-10225	138	3	prices	price	NOUN
ejge-10225	138	4	and	and	CCONJ
ejge-10225	138	5	cci	cci	NOUN
ejge-10225	138	6	values	value	NOUN
ejge-10225	138	7	for	for	ADP
ejge-10225	138	8	7	7	NUM
ejge-10225	138	9	countries	country	NOUN
ejge-10225	138	10	.	.	PUNCT
ejge-10225	139	1	source	source	NOUN
ejge-10225	139	2	:	:	PUNCT
ejge-10225	139	3	compiled	compile	VERB
ejge-10225	139	4	by	by	ADP
ejge-10225	139	5	the	the	DET
ejge-10225	139	6	authors	author	NOUN
ejge-10225	139	7	.	.	PUNCT
ejge-10225	140	1	the	the	DET
ejge-10225	140	2	results	result	NOUN
ejge-10225	140	3	of	of	ADP
ejge-10225	140	4	the	the	DET
ejge-10225	140	5	test	test	NOUN
ejge-10225	140	6	demonstrate	demonstrate	NOUN
ejge-10225	140	7	that	that	SCONJ
ejge-10225	140	8	consumer	consumer	NOUN
ejge-10225	140	9	confidence	confidence	NOUN
ejge-10225	140	10	has	have	AUX
ejge-10225	140	11	a	a	DET
ejge-10225	140	12	significant	significant	ADJ
ejge-10225	140	13	negative	negative	ADJ
ejge-10225	140	14	effect	effect	NOUN
ejge-10225	140	15	on	on	ADP
ejge-10225	140	16	etf	etf	NOUN
ejge-10225	140	17	pricing	pricing	NOUN
ejge-10225	140	18	.	.	PUNCT
ejge-10225	141	1	model	model	NOUN
ejge-10225	141	2	1	1	NUM
ejge-10225	141	3	and	and	CCONJ
ejge-10225	141	4	model	model	NOUN
ejge-10225	141	5	2	2	NUM
ejge-10225	141	6	show	show	VERB
ejge-10225	141	7	that	that	SCONJ
ejge-10225	141	8	for	for	ADP
ejge-10225	141	9	every	every	DET
ejge-10225	141	10	one	one	NUM
ejge-10225	141	11	-	-	PUNCT
ejge-10225	141	12	unit	unit	NOUN
ejge-10225	141	13	increase	increase	NOUN
ejge-10225	141	14	in	in	ADP
ejge-10225	141	15	the	the	DET
ejge-10225	141	16	cci	cci	NOUN
ejge-10225	141	17	value	value	NOUN
ejge-10225	141	18	,	,	PUNCT
ejge-10225	141	19	the	the	DET
ejge-10225	141	20	etf	etf	NOUN
ejge-10225	141	21	price	price	NOUN
ejge-10225	141	22	decreases	decrease	NOUN
ejge-10225	141	23	by	by	ADP
ejge-10225	141	24	approximately	approximately	ADV
ejge-10225	141	25	0.491	0.491	NUM
ejge-10225	141	26	units	unit	NOUN
ejge-10225	141	27	.	.	PUNCT
ejge-10225	142	1	this	this	DET
ejge-10225	142	2	result	result	NOUN
ejge-10225	142	3	may	may	AUX
ejge-10225	142	4	have	have	VERB
ejge-10225	142	5	important	important	ADJ
ejge-10225	142	6	implications	implication	NOUN
ejge-10225	142	7	for	for	ADP
ejge-10225	142	8	investors	investor	NOUN
ejge-10225	142	9	who	who	PRON
ejge-10225	142	10	wish	wish	VERB
ejge-10225	142	11	to	to	PART
ejge-10225	142	12	trade	trade	VERB
ejge-10225	142	13	etfs	etfs	PROPN
ejge-10225	142	14	.	.	PUNCT
ejge-10225	143	1	a	a	DET
ejge-10225	143	2	higher	high	ADJ
ejge-10225	143	3	level	level	NOUN
ejge-10225	143	4	of	of	ADP
ejge-10225	143	5	consumer	consumer	NOUN
ejge-10225	143	6	confidence	confidence	NOUN
ejge-10225	143	7	might	might	AUX
ejge-10225	143	8	suggest	suggest	VERB
ejge-10225	143	9	that	that	SCONJ
ejge-10225	143	10	the	the	DET
ejge-10225	143	11	market	market	NOUN
ejge-10225	143	12	is	be	AUX
ejge-10225	143	13	overpriced	overprice	VERB
ejge-10225	143	14	,	,	PUNCT
ejge-10225	143	15	and	and	CCONJ
ejge-10225	143	16	a	a	DET
ejge-10225	143	17	market	market	NOUN
ejge-10225	143	18	correction	correction	NOUN
ejge-10225	143	19	may	may	AUX
ejge-10225	143	20	occur	occur	VERB
ejge-10225	143	21	soon	soon	ADV
ejge-10225	143	22	.	.	PUNCT
ejge-10225	144	1	as	as	ADP
ejge-10225	144	2	a	a	DET
ejge-10225	144	3	result	result	NOUN
ejge-10225	144	4	,	,	PUNCT
ejge-10225	144	5	investors	investor	NOUN
ejge-10225	144	6	may	may	AUX
ejge-10225	144	7	think	think	VERB
ejge-10225	144	8	about	about	ADP
ejge-10225	144	9	decreasing	decrease	VERB
ejge-10225	144	10	their	their	PRON
ejge-10225	144	11	exposure	exposure	NOUN
ejge-10225	144	12	to	to	ADP
ejge-10225	144	13	etf	etf	NOUN
ejge-10225	144	14	holdings	holding	NOUN
ejge-10225	144	15	in	in	ADP
ejge-10225	144	16	their	their	PRON
ejge-10225	144	17	investment	investment	NOUN
ejge-10225	144	18	portfolios	portfolio	NOUN
ejge-10225	144	19	under	under	ADP
ejge-10225	144	20	such	such	ADJ
ejge-10225	144	21	circumstances	circumstance	NOUN
ejge-10225	144	22	.	.	PUNCT
ejge-10225	145	1	the	the	DET
ejge-10225	145	2	standard	standard	ADJ
ejge-10225	145	3	errors	error	NOUN
ejge-10225	145	4	are	be	AUX
ejge-10225	145	5	the	the	DET
ejge-10225	145	6	same	same	ADJ
ejge-10225	145	7	for	for	ADP
ejge-10225	145	8	both	both	DET
ejge-10225	145	9	models	model	NOUN
ejge-10225	145	10	,	,	PUNCT
ejge-10225	145	11	and	and	CCONJ
ejge-10225	145	12	the	the	DET
ejge-10225	145	13	p	p	NOUN
ejge-10225	145	14	-	-	PUNCT
ejge-10225	145	15	values	value	NOUN
ejge-10225	145	16	show	show	VERB
ejge-10225	145	17	the	the	DET
ejge-10225	145	18	coefficients	coefficient	NOUN
ejge-10225	145	19	’	'	PUNCT
ejge-10225	145	20	statistical	statistical	ADJ
ejge-10225	145	21	significance	significance	NOUN
ejge-10225	145	22	level	level	NOUN
ejge-10225	145	23	.	.	PUNCT
ejge-10225	146	1	the	the	DET
ejge-10225	146	2	constant	constant	ADJ
ejge-10225	146	3	term	term	NOUN
ejge-10225	146	4	is	be	AUX
ejge-10225	146	5	also	also	ADV
ejge-10225	146	6	statistically	statistically	ADV
ejge-10225	146	7	significant	significant	ADJ
ejge-10225	146	8	in	in	ADP
ejge-10225	146	9	model	model	NOUN
ejge-10225	146	10	2	2	NUM
ejge-10225	146	11	,	,	PUNCT
ejge-10225	146	12	indicating	indicate	VERB
ejge-10225	146	13	that	that	SCONJ
ejge-10225	146	14	there	there	PRON
ejge-10225	146	15	are	be	VERB
ejge-10225	146	16	other	other	ADJ
ejge-10225	146	17	factors	factor	NOUN
ejge-10225	146	18	besides	besides	SCONJ
ejge-10225	146	19	cci	cci	PROPN
ejge-10225	146	20	that	that	PRON
ejge-10225	146	21	affect	affect	VERB
ejge-10225	146	22	etf	etf	NOUN
ejge-10225	146	23	prices	price	NOUN
ejge-10225	146	24	.	.	PUNCT
ejge-10225	147	1	the	the	DET
ejge-10225	147	2	r	r	NOUN
ejge-10225	147	3	-	-	PUNCT
ejge-10225	147	4	squared	square	VERB
ejge-10225	147	5	values	value	NOUN
ejge-10225	147	6	are	be	AUX
ejge-10225	147	7	low	low	ADJ
ejge-10225	147	8	,	,	PUNCT
ejge-10225	147	9	indicating	indicate	VERB
ejge-10225	147	10	that	that	SCONJ
ejge-10225	147	11	levels	level	NOUN
ejge-10225	147	12	of	of	ADP
ejge-10225	147	13	consumer	consumer	NOUN
ejge-10225	147	14	confidence	confidence	NOUN
ejge-10225	147	15	explain	explain	VERB
ejge-10225	147	16	only	only	ADV
ejge-10225	147	17	a	a	DET
ejge-10225	147	18	small	small	ADJ
ejge-10225	147	19	portion	portion	NOUN
ejge-10225	147	20	of	of	ADP
ejge-10225	147	21	the	the	DET
ejge-10225	147	22	variation	variation	NOUN
ejge-10225	147	23	in	in	ADP
ejge-10225	147	24	etf	etf	NOUN
ejge-10225	147	25	prices	price	NOUN
ejge-10225	147	26	.	.	PUNCT
ejge-10225	148	1	this	this	PRON
ejge-10225	148	2	leads	lead	VERB
ejge-10225	148	3	to	to	ADP
ejge-10225	148	4	the	the	DET
ejge-10225	148	5	conclusion	conclusion	NOUN
ejge-10225	148	6	that	that	SCONJ
ejge-10225	148	7	there	there	PRON
ejge-10225	148	8	should	should	AUX
ejge-10225	148	9	be	be	AUX
ejge-10225	148	10	other	other	ADJ
ejge-10225	148	11	factors	factor	NOUN
ejge-10225	148	12	that	that	PRON
ejge-10225	148	13	may	may	AUX
ejge-10225	148	14	influence	influence	VERB
ejge-10225	148	15	etf	etf	NOUN
ejge-10225	148	16	prices	price	NOUN
ejge-10225	148	17	,	,	PUNCT
ejge-10225	148	18	such	such	ADJ
ejge-10225	148	19	as	as	ADP
ejge-10225	148	20	financial	financial	ADJ
ejge-10225	148	21	stability	stability	NOUN
ejge-10225	148	22	,	,	PUNCT
ejge-10225	148	23	government	government	NOUN
ejge-10225	148	24	regulations	regulation	NOUN
ejge-10225	148	25	,	,	PUNCT
ejge-10225	148	26	political	political	ADJ
ejge-10225	148	27	instability	instability	NOUN
ejge-10225	148	28	,	,	PUNCT
ejge-10225	148	29	or	or	CCONJ
ejge-10225	148	30	other	other	ADJ
ejge-10225	148	31	market	market	NOUN
ejge-10225	148	32	developments	development	NOUN
ejge-10225	148	33	.	.	PUNCT
ejge-10225	149	1	it	it	PRON
ejge-10225	149	2	should	should	AUX
ejge-10225	149	3	be	be	AUX
ejge-10225	149	4	noted	note	VERB
ejge-10225	149	5	that	that	SCONJ
ejge-10225	149	6	these	these	DET
ejge-10225	149	7	factors	factor	NOUN
ejge-10225	149	8	may	may	AUX
ejge-10225	149	9	be	be	AUX
ejge-10225	149	10	market	market	NOUN
ejge-10225	149	11	-	-	PUNCT
ejge-10225	149	12	specific	specific	ADJ
ejge-10225	149	13	.	.	PUNCT
ejge-10225	150	1	in	in	ADP
ejge-10225	150	2	general	general	ADJ
ejge-10225	150	3	,	,	PUNCT
ejge-10225	150	4	these	these	DET
ejge-10225	150	5	results	result	NOUN
ejge-10225	150	6	imply	imply	VERB
ejge-10225	150	7	that	that	SCONJ
ejge-10225	150	8	consumer	consumer	NOUN
ejge-10225	150	9	confidence	confidence	NOUN
ejge-10225	150	10	might	might	AUX
ejge-10225	150	11	be	be	AUX
ejge-10225	150	12	an	an	DET
ejge-10225	150	13	important	important	ADJ
ejge-10225	150	14	factor	factor	NOUN
ejge-10225	150	15	to	to	PART
ejge-10225	150	16	consider	consider	VERB
ejge-10225	150	17	when	when	SCONJ
ejge-10225	150	18	analysing	analyse	VERB
ejge-10225	150	19	euro	euro	PROPN
ejge-10225	150	20	area	area	PROPN
ejge-10225	150	21	etfs	etfs	PROPN
ejge-10225	150	22	’	'	PUNCT
ejge-10225	150	23	pricing	pricing	NOUN
ejge-10225	150	24	,	,	PUNCT
ejge-10225	150	25	but	but	CCONJ
ejge-10225	150	26	it	it	PRON
ejge-10225	150	27	should	should	AUX
ejge-10225	150	28	not	not	PART
ejge-10225	150	29	be	be	AUX
ejge-10225	150	30	the	the	DET
ejge-10225	150	31	only	only	ADJ
ejge-10225	150	32	factor	factor	NOUN
ejge-10225	150	33	considered	consider	VERB
ejge-10225	150	34	.	.	PUNCT
ejge-10225	151	1	for	for	ADP
ejge-10225	151	2	example	example	NOUN
ejge-10225	151	3	,	,	PUNCT
ejge-10225	151	4	investors	investor	NOUN
ejge-10225	151	5	should	should	AUX
ejge-10225	151	6	be	be	AUX
ejge-10225	151	7	aware	aware	ADJ
ejge-10225	151	8	of	of	ADP
ejge-10225	151	9	political	political	ADJ
ejge-10225	151	10	and	and	CCONJ
ejge-10225	151	11	economic	economic	ADJ
ejge-10225	151	12	developments	development	NOUN
ejge-10225	151	13	in	in	ADP
ejge-10225	151	14	each	each	DET
ejge-10225	151	15	market	market	NOUN
ejge-10225	151	16	that	that	PRON
ejge-10225	151	17	may	may	AUX
ejge-10225	151	18	affect	affect	VERB
ejge-10225	151	19	etf	etf	NOUN
ejge-10225	151	20	prices	price	NOUN
ejge-10225	151	21	.	.	PUNCT
ejge-10225	152	1	by	by	ADP
ejge-10225	152	2	considering	consider	VERB
ejge-10225	152	3	both	both	CCONJ
ejge-10225	152	4	the	the	DET
ejge-10225	152	5	market	market	NOUN
ejge-10225	152	6	’s	’s	PART
ejge-10225	152	7	consumer	consumer	NOUN
ejge-10225	152	8	confidence	confidence	NOUN
ejge-10225	152	9	and	and	CCONJ
ejge-10225	152	10	market	market	NOUN
ejge-10225	152	11	-	-	PUNCT
ejge-10225	152	12	specific	specific	ADJ
ejge-10225	152	13	factors	factor	NOUN
ejge-10225	152	14	,	,	PUNCT
ejge-10225	152	15	investors	investor	NOUN
ejge-10225	152	16	can	can	AUX
ejge-10225	152	17	make	make	VERB
ejge-10225	152	18	more	more	ADV
ejge-10225	152	19	informed	informed	ADJ
ejge-10225	152	20	decisions	decision	NOUN
ejge-10225	152	21	and	and	CCONJ
ejge-10225	152	22	potentially	potentially	ADV
ejge-10225	152	23	improve	improve	VERB
ejge-10225	152	24	their	their	PRON
ejge-10225	152	25	investment	investment	NOUN
ejge-10225	152	26	performance	performance	NOUN
ejge-10225	152	27	(	(	PUNCT
ejge-10225	152	28	tkachenko	tkachenko	NOUN
ejge-10225	152	29	et	et	PROPN
ejge-10225	152	30	al	al	PROPN
ejge-10225	152	31	.	.	PROPN
ejge-10225	152	32	,	,	PUNCT
ejge-10225	152	33	2023	2023	NUM
ejge-10225	152	34	;	;	PUNCT
ejge-10225	152	35	shubalyi	shubalyi	NOUN
ejge-10225	152	36	,	,	PUNCT
ejge-10225	152	37	2023	2023	NUM
ejge-10225	152	38	)	)	PUNCT
ejge-10225	152	39	.	.	PUNCT
ejge-10225	153	1	the	the	DET
ejge-10225	153	2	impact	impact	NOUN
ejge-10225	153	3	of	of	ADP
ejge-10225	153	4	investor	investor	NOUN
ejge-10225	153	5	emotion	emotion	NOUN
ejge-10225	153	6	on	on	ADP
ejge-10225	153	7	investment	investment	NOUN
ejge-10225	153	8	choices	choice	NOUN
ejge-10225	153	9	is	be	AUX
ejge-10225	153	10	one	one	NUM
ejge-10225	153	11	possible	possible	ADJ
ejge-10225	153	12	reason	reason	NOUN
ejge-10225	153	13	for	for	ADP
ejge-10225	153	14	this	this	DET
ejge-10225	153	15	inverse	inverse	NOUN
ejge-10225	153	16	relationship	relationship	NOUN
ejge-10225	153	17	.	.	PUNCT
ejge-10225	154	1	a	a	DET
ejge-10225	154	2	low	low	ADJ
ejge-10225	154	3	level	level	NOUN
ejge-10225	154	4	of	of	ADP
ejge-10225	154	5	consumer	consumer	NOUN
ejge-10225	154	6	confidence	confidence	NOUN
ejge-10225	154	7	may	may	AUX
ejge-10225	154	8	be	be	AUX
ejge-10225	154	9	an	an	DET
ejge-10225	154	10	indication	indication	NOUN
ejge-10225	154	11	of	of	ADP
ejge-10225	154	12	greater	great	ADJ
ejge-10225	154	13	economic	economic	ADJ
ejge-10225	154	14	uncertainty	uncertainty	NOUN
ejge-10225	154	15	and	and	CCONJ
ejge-10225	154	16	household	household	NOUN
ejge-10225	154	17	despair	despair	NOUN
ejge-10225	154	18	.	.	PUNCT
ejge-10225	155	1	investors	investor	NOUN
ejge-10225	155	2	may	may	AUX
ejge-10225	155	3	adopt	adopt	VERB
ejge-10225	155	4	a	a	DET
ejge-10225	155	5	more	more	ADV
ejge-10225	155	6	risk	risk	NOUN
ejge-10225	155	7	-	-	PUNCT
ejge-10225	155	8	averse	averse	ADJ
ejge-10225	155	9	strategy	strategy	NOUN
ejge-10225	155	10	as	as	ADP
ejge-10225	155	11	a	a	DET
ejge-10225	155	12	result	result	NOUN
ejge-10225	155	13	of	of	ADP
ejge-10225	155	14	this	this	DET
ejge-10225	155	15	mindset	mindset	NOUN
ejge-10225	155	16	,	,	PUNCT
ejge-10225	155	17	and	and	CCONJ
ejge-10225	155	18	they	they	PRON
ejge-10225	155	19	may	may	AUX
ejge-10225	155	20	be	be	AUX
ejge-10225	155	21	more	more	ADV
ejge-10225	155	22	likely	likely	ADJ
ejge-10225	155	23	to	to	PART
ejge-10225	155	24	shift	shift	VERB
ejge-10225	155	25	their	their	PRON
ejge-10225	155	26	holdings	holding	NOUN
ejge-10225	155	27	away	away	ADV
ejge-10225	155	28	from	from	ADP
ejge-10225	155	29	riskier	risky	ADJ
ejge-10225	155	30	assets	asset	NOUN
ejge-10225	155	31	like	like	ADP
ejge-10225	155	32	equities	equity	NOUN
ejge-10225	155	33	172	172	NUM
ejge-10225	155	34	pavlo	pavlo	PROPN
ejge-10225	155	35	dziuba	dziuba	PROPN
ejge-10225	155	36	et	et	PROPN
ejge-10225	155	37	al	al	PROPN
ejge-10225	155	38	.	.	PROPN
ejge-10225	155	39	and	and	CCONJ
ejge-10225	155	40	etfs	etfs	PROPN
ejge-10225	155	41	and	and	CCONJ
ejge-10225	155	42	towards	towards	ADP
ejge-10225	155	43	safer	safe	ADJ
ejge-10225	155	44	alternatives	alternative	NOUN
ejge-10225	155	45	.	.	PUNCT
ejge-10225	156	1	the	the	DET
ejge-10225	156	2	peculiarities	peculiarity	NOUN
ejge-10225	156	3	of	of	ADP
ejge-10225	156	4	exchange	exchange	NOUN
ejge-10225	156	5	-	-	PUNCT
ejge-10225	156	6	traded	trade	VERB
ejge-10225	156	7	funds	fund	NOUN
ejge-10225	156	8	may	may	AUX
ejge-10225	156	9	also	also	ADV
ejge-10225	156	10	exacerbate	exacerbate	VERB
ejge-10225	156	11	the	the	DET
ejge-10225	156	12	detrimental	detrimental	ADJ
ejge-10225	156	13	impact	impact	NOUN
ejge-10225	156	14	of	of	ADP
ejge-10225	156	15	customer	customer	NOUN
ejge-10225	156	16	confidence	confidence	NOUN
ejge-10225	156	17	on	on	ADP
ejge-10225	156	18	etf	etf	NOUN
ejge-10225	156	19	pricing	pricing	NOUN
ejge-10225	156	20	.	.	PUNCT
ejge-10225	157	1	etfs	etfs	PROPN
ejge-10225	157	2	are	be	AUX
ejge-10225	157	3	frequently	frequently	ADV
ejge-10225	157	4	utilised	utilise	VERB
ejge-10225	157	5	by	by	ADP
ejge-10225	157	6	investors	investor	NOUN
ejge-10225	157	7	as	as	ADP
ejge-10225	157	8	a	a	DET
ejge-10225	157	9	practical	practical	ADJ
ejge-10225	157	10	and	and	CCONJ
ejge-10225	157	11	affordable	affordable	ADJ
ejge-10225	157	12	means	mean	NOUN
ejge-10225	157	13	of	of	ADP
ejge-10225	157	14	obtaining	obtain	VERB
ejge-10225	157	15	broad	broad	ADJ
ejge-10225	157	16	market	market	NOUN
ejge-10225	157	17	exposure	exposure	NOUN
ejge-10225	157	18	.	.	PUNCT
ejge-10225	158	1	the	the	DET
ejge-10225	158	2	demand	demand	NOUN
ejge-10225	158	3	for	for	ADP
ejge-10225	158	4	etfs	etfs	NOUN
ejge-10225	158	5	that	that	PRON
ejge-10225	158	6	track	track	VERB
ejge-10225	158	7	certain	certain	ADJ
ejge-10225	158	8	sectors	sector	NOUN
ejge-10225	158	9	or	or	CCONJ
ejge-10225	158	10	the	the	DET
ejge-10225	158	11	overall	overall	ADJ
ejge-10225	158	12	market	market	NOUN
ejge-10225	158	13	may	may	AUX
ejge-10225	158	14	decline	decline	VERB
ejge-10225	158	15	as	as	SCONJ
ejge-10225	158	16	consumer	consumer	NOUN
ejge-10225	158	17	confidence	confidence	NOUN
ejge-10225	158	18	declines	decline	VERB
ejge-10225	158	19	,	,	PUNCT
ejge-10225	158	20	indicating	indicate	VERB
ejge-10225	158	21	a	a	DET
ejge-10225	158	22	more	more	ADV
ejge-10225	158	23	pessimistic	pessimistic	ADJ
ejge-10225	158	24	shift	shift	NOUN
ejge-10225	158	25	in	in	ADP
ejge-10225	158	26	investor	investor	NOUN
ejge-10225	158	27	sentiment	sentiment	NOUN
ejge-10225	158	28	and	and	CCONJ
ejge-10225	158	29	consequent	consequent	ADJ
ejge-10225	158	30	pressure	pressure	NOUN
ejge-10225	158	31	on	on	ADP
ejge-10225	158	32	etf	etf	NOUN
ejge-10225	158	33	prices	price	NOUN
ejge-10225	158	34	.	.	PUNCT
ejge-10225	159	1	it	it	PRON
ejge-10225	159	2	is	be	AUX
ejge-10225	159	3	noteworthy	noteworthy	ADJ
ejge-10225	159	4	that	that	SCONJ
ejge-10225	159	5	the	the	DET
ejge-10225	159	6	findings	finding	NOUN
ejge-10225	159	7	of	of	ADP
ejge-10225	159	8	the	the	DET
ejge-10225	159	9	panel	panel	NOUN
ejge-10225	159	10	data	data	VERB
ejge-10225	159	11	analysis	analysis	NOUN
ejge-10225	159	12	show	show	VERB
ejge-10225	159	13	that	that	SCONJ
ejge-10225	159	14	the	the	DET
ejge-10225	159	15	cci	cci	NOUN
ejge-10225	159	16	only	only	ADV
ejge-10225	159	17	partially	partially	ADV
ejge-10225	159	18	explains	explain	VERB
ejge-10225	159	19	the	the	DET
ejge-10225	159	20	volatility	volatility	NOUN
ejge-10225	159	21	in	in	ADP
ejge-10225	159	22	etf	etf	NOUN
ejge-10225	159	23	prices	price	NOUN
ejge-10225	159	24	,	,	PUNCT
ejge-10225	159	25	indicating	indicate	VERB
ejge-10225	159	26	that	that	SCONJ
ejge-10225	159	27	other	other	ADJ
ejge-10225	159	28	factors	factor	NOUN
ejge-10225	159	29	are	be	AUX
ejge-10225	159	30	probably	probably	ADV
ejge-10225	159	31	more	more	ADV
ejge-10225	159	32	essential	essential	ADJ
ejge-10225	159	33	in	in	ADP
ejge-10225	159	34	determining	determine	VERB
ejge-10225	159	35	how	how	SCONJ
ejge-10225	159	36	well	well	ADV
ejge-10225	159	37	etfs	etfs	NOUN
ejge-10225	159	38	perform	perform	VERB
ejge-10225	159	39	.	.	PUNCT
ejge-10225	160	1	the	the	DET
ejge-10225	160	2	pricing	pricing	NOUN
ejge-10225	160	3	of	of	ADP
ejge-10225	160	4	etfs	etfs	PROPN
ejge-10225	160	5	in	in	ADP
ejge-10225	160	6	the	the	DET
ejge-10225	160	7	euro	euro	PROPN
ejge-10225	160	8	area	area	NOUN
ejge-10225	160	9	markets	market	NOUN
ejge-10225	160	10	may	may	AUX
ejge-10225	160	11	be	be	AUX
ejge-10225	160	12	influenced	influence	VERB
ejge-10225	160	13	by	by	ADP
ejge-10225	160	14	regulatory	regulatory	ADJ
ejge-10225	160	15	changes	change	NOUN
ejge-10225	160	16	,	,	PUNCT
ejge-10225	160	17	industry	industry	NOUN
ejge-10225	160	18	-	-	PUNCT
ejge-10225	160	19	specific	specific	ADJ
ejge-10225	160	20	dynamics	dynamic	NOUN
ejge-10225	160	21	,	,	PUNCT
ejge-10225	160	22	macroeconomic	macroeconomic	ADJ
ejge-10225	160	23	conditions	condition	NOUN
ejge-10225	160	24	,	,	PUNCT
ejge-10225	160	25	and	and	CCONJ
ejge-10225	160	26	other	other	ADJ
ejge-10225	160	27	investorrelated	investorrelate	VERB
ejge-10225	160	28	variables	variable	NOUN
ejge-10225	160	29	.	.	PUNCT
ejge-10225	161	1	the	the	DET
ejge-10225	161	2	study	study	NOUN
ejge-10225	161	3	proceeds	proceed	VERB
ejge-10225	161	4	by	by	ADP
ejge-10225	161	5	examining	examine	VERB
ejge-10225	161	6	the	the	DET
ejge-10225	161	7	link	link	NOUN
ejge-10225	161	8	between	between	ADP
ejge-10225	161	9	the	the	DET
ejge-10225	161	10	ishares	ishares	PROPN
ejge-10225	161	11	msci	msci	PROPN
ejge-10225	161	12	eurozone	eurozone	PROPN
ejge-10225	161	13	etf	etf	NOUN
ejge-10225	161	14	and	and	CCONJ
ejge-10225	161	15	the	the	DET
ejge-10225	161	16	cci	cci	PROPN
ejge-10225	161	17	ea19	ea19	PROPN
ejge-10225	161	18	.	.	PUNCT
ejge-10225	162	1	it	it	PRON
ejge-10225	162	2	further	far	ADV
ejge-10225	162	3	employs	employ	VERB
ejge-10225	162	4	various	various	ADJ
ejge-10225	162	5	techniques	technique	NOUN
ejge-10225	162	6	,	,	PUNCT
ejge-10225	162	7	including	include	VERB
ejge-10225	162	8	correlation	correlation	NOUN
ejge-10225	162	9	analysis	analysis	NOUN
ejge-10225	162	10	,	,	PUNCT
ejge-10225	162	11	regression	regression	VERB
ejge-10225	162	12	analysis	analysis	NOUN
ejge-10225	162	13	,	,	PUNCT
ejge-10225	162	14	and	and	CCONJ
ejge-10225	162	15	the	the	DET
ejge-10225	162	16	granger	granger	PROPN
ejge-10225	162	17	causality	causality	PROPN
ejge-10225	162	18	test	test	NOUN
ejge-10225	162	19	,	,	PUNCT
ejge-10225	162	20	to	to	PART
ejge-10225	162	21	investigate	investigate	VERB
ejge-10225	162	22	this	this	DET
ejge-10225	162	23	relationship	relationship	NOUN
ejge-10225	162	24	(	(	PUNCT
ejge-10225	162	25	table	table	NOUN
ejge-10225	162	26	2	2	NUM
ejge-10225	162	27	)	)	PUNCT
ejge-10225	162	28	.	.	PUNCT
ejge-10225	163	1	table	table	NOUN
ejge-10225	163	2	2	2	NUM
ejge-10225	163	3	.	.	PUNCT
ejge-10225	163	4	correlation	correlation	NOUN
ejge-10225	163	5	analysis	analysis	NOUN
ejge-10225	163	6	matrix	matrix	NOUN
ejge-10225	163	7	etf_price	etf_price	CCONJ
ejge-10225	163	8	cci_value	cci_value	NOUN
ejge-10225	163	9	etf_price	etf_price	NOUN
ejge-10225	163	10	1.0000000	1.0000000	NUM
ejge-10225	163	11	0.2232225	0.2232225	NUM
ejge-10225	163	12	cci_value	cci_value	NOUN
ejge-10225	163	13	0.2232225	0.2232225	NUM
ejge-10225	163	14	1.0000000	1.0000000	NUM
ejge-10225	163	15	source	source	NOUN
ejge-10225	163	16	:	:	PUNCT
ejge-10225	163	17	compiled	compile	VERB
ejge-10225	163	18	by	by	ADP
ejge-10225	163	19	the	the	DET
ejge-10225	163	20	authors	author	NOUN
ejge-10225	163	21	.	.	PUNCT
ejge-10225	164	1	a	a	DET
ejge-10225	164	2	correlation	correlation	NOUN
ejge-10225	164	3	coefficient	coefficient	NOUN
ejge-10225	164	4	of	of	ADP
ejge-10225	164	5	0.223	0.223	NUM
ejge-10225	164	6	indicates	indicate	VERB
ejge-10225	164	7	a	a	DET
ejge-10225	164	8	weak	weak	ADJ
ejge-10225	164	9	positive	positive	ADJ
ejge-10225	164	10	correlation	correlation	NOUN
ejge-10225	164	11	between	between	ADP
ejge-10225	164	12	the	the	DET
ejge-10225	164	13	ishares	ishares	PROPN
ejge-10225	164	14	msci	msci	PROPN
ejge-10225	164	15	eurozone	eurozone	NOUN
ejge-10225	164	16	etf	etf	NOUN
ejge-10225	164	17	prices	price	NOUN
ejge-10225	164	18	and	and	CCONJ
ejge-10225	164	19	the	the	DET
ejge-10225	164	20	cci	cci	NOUN
ejge-10225	164	21	.	.	PUNCT
ejge-10225	165	1	it	it	PRON
ejge-10225	165	2	implies	imply	VERB
ejge-10225	165	3	that	that	SCONJ
ejge-10225	165	4	there	there	PRON
ejge-10225	165	5	is	be	VERB
ejge-10225	165	6	a	a	DET
ejge-10225	165	7	tendency	tendency	NOUN
ejge-10225	165	8	for	for	SCONJ
ejge-10225	165	9	the	the	DET
ejge-10225	165	10	two	two	NUM
ejge-10225	165	11	variables	variable	NOUN
ejge-10225	165	12	to	to	PART
ejge-10225	165	13	increase	increase	VERB
ejge-10225	165	14	or	or	CCONJ
ejge-10225	165	15	decrease	decrease	VERB
ejge-10225	165	16	together	together	ADV
ejge-10225	165	17	,	,	PUNCT
ejge-10225	165	18	but	but	CCONJ
ejge-10225	165	19	the	the	DET
ejge-10225	165	20	strength	strength	NOUN
ejge-10225	165	21	of	of	ADP
ejge-10225	165	22	this	this	DET
ejge-10225	165	23	relationship	relationship	NOUN
ejge-10225	165	24	is	be	AUX
ejge-10225	165	25	relatively	relatively	ADV
ejge-10225	165	26	weak	weak	ADJ
ejge-10225	165	27	.	.	PUNCT
ejge-10225	166	1	this	this	DET
ejge-10225	166	2	weak	weak	ADJ
ejge-10225	166	3	correlation	correlation	NOUN
ejge-10225	166	4	may	may	AUX
ejge-10225	166	5	be	be	AUX
ejge-10225	166	6	attributed	attribute	VERB
ejge-10225	166	7	to	to	ADP
ejge-10225	166	8	other	other	ADJ
ejge-10225	166	9	economic	economic	ADJ
ejge-10225	166	10	and/or	and/or	CCONJ
ejge-10225	166	11	financial	financial	ADJ
ejge-10225	166	12	causes	cause	NOUN
ejge-10225	166	13	that	that	PRON
ejge-10225	166	14	may	may	AUX
ejge-10225	166	15	affect	affect	VERB
ejge-10225	166	16	this	this	DET
ejge-10225	166	17	specific	specific	ADJ
ejge-10225	166	18	etf	etf	NOUN
ejge-10225	166	19	price	price	NOUN
ejge-10225	166	20	or	or	CCONJ
ejge-10225	166	21	to	to	ADP
ejge-10225	166	22	the	the	DET
ejge-10225	166	23	possibility	possibility	NOUN
ejge-10225	166	24	of	of	ADP
ejge-10225	166	25	reverse	reverse	ADJ
ejge-10225	166	26	causality	causality	NOUN
ejge-10225	166	27	.	.	PUNCT
ejge-10225	167	1	although	although	SCONJ
ejge-10225	167	2	the	the	DET
ejge-10225	167	3	positive	positive	ADJ
ejge-10225	167	4	correlation	correlation	NOUN
ejge-10225	167	5	indicates	indicate	VERB
ejge-10225	167	6	that	that	SCONJ
ejge-10225	167	7	slight	slight	ADJ
ejge-10225	167	8	gains	gain	NOUN
ejge-10225	167	9	in	in	ADP
ejge-10225	167	10	the	the	DET
ejge-10225	167	11	price	price	NOUN
ejge-10225	167	12	of	of	ADP
ejge-10225	167	13	the	the	DET
ejge-10225	167	14	eurozone	eurozone	NOUN
ejge-10225	167	15	etf	etf	NOUN
ejge-10225	167	16	may	may	AUX
ejge-10225	167	17	be	be	AUX
ejge-10225	167	18	linked	link	VERB
ejge-10225	167	19	to	to	ADP
ejge-10225	167	20	improvements	improvement	NOUN
ejge-10225	167	21	in	in	ADP
ejge-10225	167	22	overall	overall	ADJ
ejge-10225	167	23	consumer	consumer	NOUN
ejge-10225	167	24	sentiment	sentiment	NOUN
ejge-10225	167	25	,	,	PUNCT
ejge-10225	167	26	the	the	DET
ejge-10225	167	27	relationship	relationship	NOUN
ejge-10225	167	28	’s	’s	PART
ejge-10225	167	29	limited	limited	ADJ
ejge-10225	167	30	strength	strength	NOUN
ejge-10225	167	31	emphasises	emphasise	VERB
ejge-10225	167	32	the	the	DET
ejge-10225	167	33	significance	significance	NOUN
ejge-10225	167	34	of	of	ADP
ejge-10225	167	35	a	a	DET
ejge-10225	167	36	more	more	ADV
ejge-10225	167	37	comprehensive	comprehensive	ADJ
ejge-10225	167	38	approach	approach	NOUN
ejge-10225	167	39	to	to	ADP
ejge-10225	167	40	etf	etf	NOUN
ejge-10225	167	41	dynamics	dynamic	NOUN
ejge-10225	167	42	analysis	analysis	NOUN
ejge-10225	167	43	.	.	PUNCT
ejge-10225	168	1	further	further	ADJ
ejge-10225	168	2	research	research	NOUN
ejge-10225	168	3	is	be	AUX
ejge-10225	168	4	required	require	VERB
ejge-10225	168	5	to	to	PART
ejge-10225	168	6	investigate	investigate	VERB
ejge-10225	168	7	these	these	DET
ejge-10225	168	8	factors	factor	NOUN
ejge-10225	168	9	and	and	CCONJ
ejge-10225	168	10	their	their	PRON
ejge-10225	168	11	potential	potential	ADJ
ejge-10225	168	12	impact	impact	NOUN
ejge-10225	168	13	on	on	ADP
ejge-10225	168	14	etf	etf	NOUN
ejge-10225	168	15	investments	investment	NOUN
ejge-10225	168	16	.	.	PUNCT
ejge-10225	169	1	in	in	ADP
ejge-10225	169	2	general	general	ADJ
ejge-10225	169	3	,	,	PUNCT
ejge-10225	169	4	changes	change	NOUN
ejge-10225	169	5	in	in	ADP
ejge-10225	169	6	consumer	consumer	NOUN
ejge-10225	169	7	confidence	confidence	NOUN
ejge-10225	169	8	levels	level	NOUN
ejge-10225	169	9	could	could	AUX
ejge-10225	169	10	influence	influence	VERB
ejge-10225	169	11	investment	investment	NOUN
ejge-10225	169	12	decisions	decision	NOUN
ejge-10225	169	13	related	relate	VERB
ejge-10225	169	14	to	to	ADP
ejge-10225	169	15	ishares	ishares	PROPN
ejge-10225	169	16	etfs	etfs	PROPN
ejge-10225	169	17	to	to	ADP
ejge-10225	169	18	some	some	DET
ejge-10225	169	19	extent	extent	NOUN
ejge-10225	169	20	,	,	PUNCT
ejge-10225	169	21	but	but	CCONJ
ejge-10225	169	22	it	it	PRON
ejge-10225	169	23	is	be	AUX
ejge-10225	169	24	important	important	ADJ
ejge-10225	169	25	to	to	PART
ejge-10225	169	26	consider	consider	VERB
ejge-10225	169	27	other	other	ADJ
ejge-10225	169	28	factors	factor	NOUN
ejge-10225	169	29	as	as	ADV
ejge-10225	169	30	well	well	ADV
ejge-10225	169	31	to	to	PART
ejge-10225	169	32	make	make	VERB
ejge-10225	169	33	effective	effective	ADJ
ejge-10225	169	34	investment	investment	NOUN
ejge-10225	169	35	decisions	decision	NOUN
ejge-10225	169	36	(	(	PUNCT
ejge-10225	169	37	figure	figure	NOUN
ejge-10225	169	38	2	2	NUM
ejge-10225	169	39	)	)	PUNCT
ejge-10225	169	40	.	.	PUNCT
ejge-10225	170	1	investor	investor	NOUN
ejge-10225	170	2	sentiment	sentiment	NOUN
ejge-10225	170	3	and	and	CCONJ
ejge-10225	170	4	euro	euro	PROPN
ejge-10225	170	5	area	area	NOUN
ejge-10225	170	6	etfs	etfs	PROPN
ejge-10225	170	7	figure	figure	NOUN
ejge-10225	170	8	2	2	NUM
ejge-10225	170	9	.	.	PUNCT
ejge-10225	170	10	correlation	correlation	NOUN
ejge-10225	170	11	between	between	ADP
ejge-10225	170	12	cci	cci	PROPN
ejge-10225	170	13	ea19	ea19	PROPN
ejge-10225	170	14	and	and	CCONJ
ejge-10225	170	15	ishares	ishares	PROPN
ejge-10225	170	16	msci	msci	PROPN
ejge-10225	170	17	eurozone	eurozone	PROPN
ejge-10225	170	18	etf	etf	PROPN
ejge-10225	170	19	.	.	PUNCT
ejge-10225	170	20	source	source	NOUN
ejge-10225	170	21	:	:	PUNCT
ejge-10225	170	22	compiled	compile	VERB
ejge-10225	170	23	by	by	ADP
ejge-10225	170	24	the	the	DET
ejge-10225	170	25	authors	author	NOUN
ejge-10225	170	26	.	.	PUNCT
ejge-10225	171	1	the	the	DET
ejge-10225	171	2	conclusions	conclusion	NOUN
ejge-10225	171	3	from	from	ADP
ejge-10225	171	4	the	the	DET
ejge-10225	171	5	correlation	correlation	NOUN
ejge-10225	171	6	study	study	NOUN
ejge-10225	171	7	are	be	AUX
ejge-10225	171	8	supported	support	VERB
ejge-10225	171	9	by	by	ADP
ejge-10225	171	10	the	the	DET
ejge-10225	171	11	scatterplot	scatterplot	NOUN
ejge-10225	171	12	in	in	ADP
ejge-10225	171	13	figure	figure	NOUN
ejge-10225	171	14	2	2	NUM
ejge-10225	171	15	,	,	PUNCT
ejge-10225	171	16	which	which	PRON
ejge-10225	171	17	shows	show	VERB
ejge-10225	171	18	the	the	DET
ejge-10225	171	19	linear	linear	ADJ
ejge-10225	171	20	relationship	relationship	NOUN
ejge-10225	171	21	between	between	ADP
ejge-10225	171	22	the	the	DET
ejge-10225	171	23	two	two	NUM
ejge-10225	171	24	variables	variable	NOUN
ejge-10225	171	25	graphically	graphically	ADV
ejge-10225	171	26	.	.	PUNCT
ejge-10225	172	1	there	there	PRON
ejge-10225	172	2	is	be	VERB
ejge-10225	172	3	observable	observable	ADJ
ejge-10225	172	4	dispersion	dispersion	NOUN
ejge-10225	172	5	and	and	CCONJ
ejge-10225	172	6	a	a	DET
ejge-10225	172	7	lack	lack	NOUN
ejge-10225	172	8	of	of	ADP
ejge-10225	172	9	tight	tight	ADJ
ejge-10225	172	10	clustering	clustering	NOUN
ejge-10225	172	11	around	around	ADP
ejge-10225	172	12	the	the	DET
ejge-10225	172	13	fitted	fit	VERB
ejge-10225	172	14	line	line	NOUN
ejge-10225	172	15	,	,	PUNCT
ejge-10225	172	16	which	which	PRON
ejge-10225	172	17	highlights	highlight	VERB
ejge-10225	172	18	the	the	DET
ejge-10225	172	19	relatively	relatively	ADV
ejge-10225	172	20	weak	weak	ADJ
ejge-10225	172	21	correlation	correlation	NOUN
ejge-10225	172	22	further	far	ADV
ejge-10225	172	23	in	in	ADP
ejge-10225	172	24	the	the	DET
ejge-10225	172	25	scatter	scatter	NOUN
ejge-10225	172	26	of	of	ADP
ejge-10225	172	27	data	datum	NOUN
ejge-10225	172	28	points	point	NOUN
ejge-10225	172	29	surrounding	surround	VERB
ejge-10225	172	30	the	the	DET
ejge-10225	172	31	regression	regression	NOUN
ejge-10225	172	32	line	line	NOUN
ejge-10225	172	33	.	.	PUNCT
ejge-10225	173	1	there	there	PRON
ejge-10225	173	2	are	be	VERB
ejge-10225	173	3	several	several	ADJ
ejge-10225	173	4	potential	potential	ADJ
ejge-10225	173	5	reasons	reason	NOUN
ejge-10225	173	6	for	for	ADP
ejge-10225	173	7	the	the	DET
ejge-10225	173	8	observed	observe	VERB
ejge-10225	173	9	weak	weak	ADJ
ejge-10225	173	10	correlation	correlation	NOUN
ejge-10225	173	11	.	.	PUNCT
ejge-10225	174	1	in	in	ADP
ejge-10225	174	2	the	the	DET
ejge-10225	174	3	context	context	NOUN
ejge-10225	174	4	of	of	ADP
ejge-10225	174	5	the	the	DET
ejge-10225	174	6	european	european	ADJ
ejge-10225	174	7	etf	etf	NOUN
ejge-10225	174	8	market	market	NOUN
ejge-10225	174	9	,	,	PUNCT
ejge-10225	174	10	the	the	DET
ejge-10225	174	11	cci	cci	NOUN
ejge-10225	174	12	could	could	AUX
ejge-10225	174	13	not	not	PART
ejge-10225	174	14	be	be	AUX
ejge-10225	174	15	a	a	DET
ejge-10225	174	16	comprehensive	comprehensive	ADJ
ejge-10225	174	17	enough	enough	ADJ
ejge-10225	174	18	indicator	indicator	NOUN
ejge-10225	174	19	of	of	ADP
ejge-10225	174	20	investor	investor	NOUN
ejge-10225	174	21	mood	mood	NOUN
ejge-10225	174	22	.	.	PUNCT
ejge-10225	175	1	the	the	DET
ejge-10225	175	2	cci	cci	NOUN
ejge-10225	175	3	is	be	AUX
ejge-10225	175	4	intended	intend	VERB
ejge-10225	175	5	to	to	PART
ejge-10225	175	6	represent	represent	VERB
ejge-10225	175	7	household	household	NOUN
ejge-10225	175	8	spending	spending	NOUN
ejge-10225	175	9	intentions	intention	NOUN
ejge-10225	175	10	and	and	CCONJ
ejge-10225	175	11	the	the	DET
ejge-10225	175	12	overall	overall	ADJ
ejge-10225	175	13	economic	economic	ADJ
ejge-10225	175	14	outlook	outlook	NOUN
ejge-10225	175	15	,	,	PUNCT
ejge-10225	175	16	but	but	CCONJ
ejge-10225	175	17	it	it	PRON
ejge-10225	175	18	might	might	AUX
ejge-10225	175	19	not	not	PART
ejge-10225	175	20	accurately	accurately	ADV
ejge-10225	175	21	represent	represent	VERB
ejge-10225	175	22	the	the	DET
ejge-10225	175	23	nuanced	nuanced	ADJ
ejge-10225	175	24	behavioural	behavioural	ADJ
ejge-10225	175	25	patterns	pattern	NOUN
ejge-10225	175	26	and	and	CCONJ
ejge-10225	175	27	complicated	complicated	ADJ
ejge-10225	175	28	motivations	motivation	NOUN
ejge-10225	175	29	of	of	ADP
ejge-10225	175	30	the	the	DET
ejge-10225	175	31	wide	wide	ADJ
ejge-10225	175	32	range	range	NOUN
ejge-10225	175	33	of	of	ADP
ejge-10225	175	34	investors	investor	NOUN
ejge-10225	175	35	taking	take	VERB
ejge-10225	175	36	part	part	NOUN
ejge-10225	175	37	in	in	ADP
ejge-10225	175	38	the	the	DET
ejge-10225	175	39	eurozone	eurozone	NOUN
ejge-10225	175	40	etf	etf	NOUN
ejge-10225	175	41	market	market	NOUN
ejge-10225	175	42	.	.	PUNCT
ejge-10225	176	1	etf	etf	NOUN
ejge-10225	176	2	trading	trading	NOUN
ejge-10225	176	3	is	be	AUX
ejge-10225	176	4	frequently	frequently	ADV
ejge-10225	176	5	heavily	heavily	ADV
ejge-10225	176	6	impacted	impact	VERB
ejge-10225	176	7	by	by	ADP
ejge-10225	176	8	institutional	institutional	ADJ
ejge-10225	176	9	investors	investor	NOUN
ejge-10225	176	10	,	,	PUNCT
ejge-10225	176	11	such	such	ADJ
ejge-10225	176	12	as	as	ADP
ejge-10225	176	13	asset	asset	NOUN
ejge-10225	176	14	managers	manager	NOUN
ejge-10225	176	15	and	and	CCONJ
ejge-10225	176	16	pension	pension	NOUN
ejge-10225	176	17	funds	fund	NOUN
ejge-10225	176	18	,	,	PUNCT
ejge-10225	176	19	whose	whose	DET
ejge-10225	176	20	choices	choice	NOUN
ejge-10225	176	21	on	on	ADP
ejge-10225	176	22	what	what	PRON
ejge-10225	176	23	to	to	PART
ejge-10225	176	24	buy	buy	VERB
ejge-10225	176	25	may	may	AUX
ejge-10225	176	26	be	be	AUX
ejge-10225	176	27	influenced	influence	VERB
ejge-10225	176	28	by	by	ADP
ejge-10225	176	29	more	more	ADJ
ejge-10225	176	30	than	than	ADP
ejge-10225	176	31	just	just	ADV
ejge-10225	176	32	market	market	NOUN
ejge-10225	176	33	mood	mood	NOUN
ejge-10225	176	34	.	.	PUNCT
ejge-10225	177	1	the	the	DET
ejge-10225	177	2	member	member	NOUN
ejge-10225	177	3	nations	nation	NOUN
ejge-10225	177	4	of	of	ADP
ejge-10225	177	5	the	the	DET
ejge-10225	177	6	euro	euro	PROPN
ejge-10225	177	7	area	area	NOUN
ejge-10225	177	8	have	have	VERB
ejge-10225	177	9	differing	differ	VERB
ejge-10225	177	10	degrees	degree	NOUN
ejge-10225	177	11	of	of	ADP
ejge-10225	177	12	political	political	ADJ
ejge-10225	177	13	stability	stability	NOUN
ejge-10225	177	14	,	,	PUNCT
ejge-10225	177	15	economic	economic	ADJ
ejge-10225	177	16	development	development	NOUN
ejge-10225	177	17	,	,	PUNCT
ejge-10225	177	18	and	and	CCONJ
ejge-10225	177	19	financial	financial	ADJ
ejge-10225	177	20	market	market	NOUN
ejge-10225	177	21	maturity	maturity	NOUN
ejge-10225	177	22	.	.	PUNCT
ejge-10225	178	1	the	the	DET
ejge-10225	178	2	cci	cci	PROPN
ejge-10225	178	3	data	data	PROPN
ejge-10225	178	4	’s	’s	PART
ejge-10225	178	5	aggregation	aggregation	NOUN
ejge-10225	178	6	to	to	ADP
ejge-10225	178	7	the	the	DET
ejge-10225	178	8	eurozone	eurozone	NOUN
ejge-10225	178	9	level	level	NOUN
ejge-10225	178	10	might	might	AUX
ejge-10225	178	11	ignore	ignore	VERB
ejge-10225	178	12	significant	significant	ADJ
ejge-10225	178	13	country	country	NOUN
ejge-10225	178	14	-	-	PUNCT
ejge-10225	178	15	specific	specific	ADJ
ejge-10225	178	16	variations	variation	NOUN
ejge-10225	178	17	in	in	ADP
ejge-10225	178	18	how	how	SCONJ
ejge-10225	178	19	investor	investor	NOUN
ejge-10225	178	20	sentiment	sentiment	NOUN
ejge-10225	178	21	influences	influence	VERB
ejge-10225	178	22	the	the	DET
ejge-10225	178	23	etf	etf	NOUN
ejge-10225	178	24	price	price	NOUN
ejge-10225	178	25	.	.	PUNCT
ejge-10225	179	1	another	another	DET
ejge-10225	179	2	possible	possible	ADJ
ejge-10225	179	3	explanation	explanation	NOUN
ejge-10225	179	4	for	for	ADP
ejge-10225	179	5	the	the	DET
ejge-10225	179	6	weak	weak	ADJ
ejge-10225	179	7	correlation	correlation	NOUN
ejge-10225	179	8	could	could	AUX
ejge-10225	179	9	be	be	AUX
ejge-10225	179	10	the	the	DET
ejge-10225	179	11	averaging	averaging	NOUN
ejge-10225	179	12	out	out	ADP
ejge-10225	179	13	of	of	ADP
ejge-10225	179	14	these	these	DET
ejge-10225	179	15	processes	process	NOUN
ejge-10225	179	16	at	at	ADP
ejge-10225	179	17	the	the	DET
ejge-10225	179	18	national	national	ADJ
ejge-10225	179	19	level	level	NOUN
ejge-10225	179	20	.	.	PUNCT
ejge-10225	180	1	the	the	DET
ejge-10225	180	2	possible	possible	ADJ
ejge-10225	180	3	temporal	temporal	ADJ
ejge-10225	180	4	lags	lag	NOUN
ejge-10225	180	5	and	and	CCONJ
ejge-10225	180	6	indirect	indirect	ADJ
ejge-10225	180	7	impacts	impact	NOUN
ejge-10225	180	8	in	in	ADP
ejge-10225	180	9	the	the	DET
ejge-10225	180	10	relationship	relationship	NOUN
ejge-10225	180	11	between	between	ADP
ejge-10225	180	12	consumer	consumer	NOUN
ejge-10225	180	13	confidence	confidence	NOUN
ejge-10225	180	14	and	and	CCONJ
ejge-10225	180	15	etf	etf	NOUN
ejge-10225	180	16	performance	performance	NOUN
ejge-10225	180	17	must	must	AUX
ejge-10225	180	18	also	also	ADV
ejge-10225	180	19	be	be	AUX
ejge-10225	180	20	taken	take	VERB
ejge-10225	180	21	into	into	ADP
ejge-10225	180	22	account	account	NOUN
ejge-10225	180	23	.	.	PUNCT
ejge-10225	181	1	etf	etf	NOUN
ejge-10225	181	2	price	price	NOUN
ejge-10225	181	3	changes	change	NOUN
ejge-10225	181	4	may	may	AUX
ejge-10225	181	5	not	not	PART
ejge-10225	181	6	reflect	reflect	VERB
ejge-10225	181	7	shifts	shift	NOUN
ejge-10225	181	8	in	in	ADP
ejge-10225	181	9	consumer	consumer	NOUN
ejge-10225	181	10	mood	mood	NOUN
ejge-10225	181	11	right	right	ADV
ejge-10225	181	12	away	away	ADV
ejge-10225	181	13	because	because	SCONJ
ejge-10225	181	14	it	it	PRON
ejge-10225	181	15	can	can	AUX
ejge-10225	181	16	take	take	VERB
ejge-10225	181	17	time	time	NOUN
ejge-10225	181	18	for	for	SCONJ
ejge-10225	181	19	investors	investor	NOUN
ejge-10225	181	20	to	to	PART
ejge-10225	181	21	modify	modify	VERB
ejge-10225	181	22	their	their	PRON
ejge-10225	181	23	trading	trading	NOUN
ejge-10225	181	24	plans	plan	NOUN
ejge-10225	181	25	and	and	CCONJ
ejge-10225	181	26	portfolios	portfolio	NOUN
ejge-10225	181	27	.	.	PUNCT
ejge-10225	182	1	by	by	ADP
ejge-10225	182	2	quantifying	quantify	VERB
ejge-10225	182	3	the	the	DET
ejge-10225	182	4	possible	possible	ADJ
ejge-10225	182	5	effects	effect	NOUN
ejge-10225	182	6	of	of	ADP
ejge-10225	182	7	changes	change	NOUN
ejge-10225	182	8	in	in	ADP
ejge-10225	182	9	the	the	DET
ejge-10225	182	10	cci	cci	NOUN
ejge-10225	182	11	ea19	ea19	PROPN
ejge-10225	182	12	on	on	ADP
ejge-10225	182	13	the	the	DET
ejge-10225	182	14	ishares	ishares	NOUN
ejge-10225	182	15	msci	msci	PROPN
ejge-10225	182	16	eurozone	eurozone	PROPN
ejge-10225	182	17	etf	etf	NOUN
ejge-10225	182	18	’s	’s	PART
ejge-10225	182	19	price	price	NOUN
ejge-10225	182	20	in	in	ADP
ejge-10225	182	21	this	this	DET
ejge-10225	182	22	subsection	subsection	NOUN
ejge-10225	182	23	,	,	PUNCT
ejge-10225	182	24	the	the	DET
ejge-10225	182	25	authors	author	NOUN
ejge-10225	182	26	aim	aim	VERB
ejge-10225	182	27	to	to	PART
ejge-10225	182	28	provide	provide	VERB
ejge-10225	182	29	additional	additional	ADJ
ejge-10225	182	30	insights	insight	NOUN
ejge-10225	182	31	into	into	ADP
ejge-10225	182	32	the	the	DET
ejge-10225	182	33	dynamics	dynamic	NOUN
ejge-10225	182	34	of	of	ADP
ejge-10225	182	35	the	the	DET
ejge-10225	182	36	relationship	relationship	NOUN
ejge-10225	182	37	between	between	ADP
ejge-10225	182	38	investor	investor	NOUN
ejge-10225	182	39	mood	mood	NOUN
ejge-10225	182	40	and	and	CCONJ
ejge-10225	182	41	this	this	DET
ejge-10225	182	42	important	important	ADJ
ejge-10225	182	43	european	european	ADJ
ejge-10225	182	44	exchange	exchange	NOUN
ejge-10225	182	45	-	-	PUNCT
ejge-10225	182	46	traded	trade	VERB
ejge-10225	182	47	fund	fund	NOUN
ejge-10225	182	48	.	.	PUNCT
ejge-10225	183	1	regression	regression	NOUN
ejge-10225	183	2	analysis	analysis	NOUN
ejge-10225	183	3	enables	enable	VERB
ejge-10225	183	4	a	a	DET
ejge-10225	183	5	more	more	ADV
ejge-10225	183	6	comprehensive	comprehensive	ADJ
ejge-10225	183	7	examination	examination	NOUN
ejge-10225	183	8	of	of	ADP
ejge-10225	183	9	data	datum	NOUN
ejge-10225	183	10	,	,	PUNCT
ejge-10225	183	11	including	include	VERB
ejge-10225	183	12	the	the	DET
ejge-10225	183	13	strength	strength	NOUN
ejge-10225	183	14	and	and	CCONJ
ejge-10225	183	15	direction	direction	NOUN
ejge-10225	183	16	of	of	ADP
ejge-10225	183	17	the	the	DET
ejge-10225	183	18	relationship	relationship	NOUN
ejge-10225	183	19	and	and	CCONJ
ejge-10225	183	20	accounting	account	VERB
ejge-10225	183	21	for	for	ADP
ejge-10225	183	22	other	other	ADJ
ejge-10225	183	23	potential	potential	ADJ
ejge-10225	183	24	factors	factor	NOUN
ejge-10225	183	25	that	that	PRON
ejge-10225	183	26	may	may	AUX
ejge-10225	183	27	have	have	VERB
ejge-10225	183	28	an	an	DET
ejge-10225	183	29	impact	impact	NOUN
ejge-10225	183	30	.	.	PUNCT
ejge-10225	184	1	regression	regression	VERB
ejge-10225	184	2	174	174	NUM
ejge-10225	184	3	pavlo	pavlo	PROPN
ejge-10225	184	4	dziuba	dziuba	PROPN
ejge-10225	184	5	et	et	PROPN
ejge-10225	184	6	al	al	PROPN
ejge-10225	184	7	.	.	PROPN
ejge-10225	185	1	analysis	analysis	NOUN
ejge-10225	185	2	may	may	AUX
ejge-10225	185	3	provide	provide	VERB
ejge-10225	185	4	more	more	ADJ
ejge-10225	185	5	insight	insight	NOUN
ejge-10225	185	6	into	into	ADP
ejge-10225	185	7	the	the	DET
ejge-10225	185	8	factors	factor	NOUN
ejge-10225	185	9	that	that	PRON
ejge-10225	185	10	affect	affect	VERB
ejge-10225	185	11	etf	etf	NOUN
ejge-10225	185	12	prices	price	NOUN
ejge-10225	185	13	and	and	CCONJ
ejge-10225	185	14	guide	guide	VERB
ejge-10225	185	15	more	more	ADV
ejge-10225	185	16	effective	effective	ADJ
ejge-10225	185	17	investment	investment	NOUN
ejge-10225	185	18	decisions	decision	NOUN
ejge-10225	185	19	.	.	PUNCT
ejge-10225	186	1	the	the	DET
ejge-10225	186	2	results	result	NOUN
ejge-10225	186	3	of	of	ADP
ejge-10225	186	4	the	the	DET
ejge-10225	186	5	test	test	NOUN
ejge-10225	186	6	are	be	AUX
ejge-10225	186	7	exhibited	exhibit	VERB
ejge-10225	186	8	in	in	ADP
ejge-10225	186	9	table	table	NOUN
ejge-10225	186	10	3	3	NUM
ejge-10225	186	11	and	and	CCONJ
ejge-10225	186	12	figure	figure	VERB
ejge-10225	186	13	3	3	NUM
ejge-10225	186	14	.	.	NOUN
ejge-10225	186	15	table	table	NOUN
ejge-10225	186	16	3	3	NUM
ejge-10225	186	17	.	.	PUNCT
ejge-10225	187	1	regression	regression	VERB
ejge-10225	187	2	analysis	analysis	NOUN
ejge-10225	187	3	matrix	matrix	NOUN
ejge-10225	187	4	residuals	residual	NOUN
ejge-10225	187	5	min	min	NOUN
ejge-10225	187	6	1q	1q	ADJ
ejge-10225	187	7	median	median	NOUN
ejge-10225	187	8	3q	3q	NUM
ejge-10225	187	9	max	max	PROPN
ejge-10225	187	10	-8.5953	-8.5953	PROPN
ejge-10225	187	11	-3.2488	-3.2488	PROPN
ejge-10225	187	12	-0.8432	-0.8432	PROPN
ejge-10225	188	1	2.8852	2.8852	NUM
ejge-10225	188	2	10.1847	10.1847	NUM
ejge-10225	188	3	coefficients	coefficient	NOUN
ejge-10225	188	4	estimate	estimate	VERB
ejge-10225	188	5	std	std	X
ejge-10225	188	6	.	.	NOUN
ejge-10225	188	7	error	error	NOUN
ejge-10225	188	8	t	t	NOUN
ejge-10225	188	9	value	value	NOUN
ejge-10225	188	10	pr(>|t|	pr(>|t|	PROPN
ejge-10225	188	11	)	)	PUNCT
ejge-10225	188	12	(	(	PUNCT
ejge-10225	188	13	intercept	intercept	PROPN
ejge-10225	188	14	)	)	PUNCT
ejge-10225	188	15	-21.163	-21.163	PROPN
ejge-10225	189	1	27.3437	27.3437	NUM
ejge-10225	189	2	-0.774	-0.774	NUM
ejge-10225	189	3	0.441	0.441	NUM
ejge-10225	189	4	cci_ea19_value	cci_ea19_value	NOUN
ejge-10225	189	5	0.6091	0.6091	NUM
ejge-10225	189	6	0.2729	0.2729	NUM
ejge-10225	189	7	2.232	2.232	NUM
ejge-10225	189	8	0.028	0.028	NUM
ejge-10225	189	9	*	*	PUNCT
ejge-10225	189	10	note	note	NOUN
ejge-10225	189	11	:	:	PUNCT
ejge-10225	189	12	residual	residual	ADJ
ejge-10225	189	13	standard	standard	ADJ
ejge-10225	189	14	error	error	NOUN
ejge-10225	189	15	:	:	PUNCT
ejge-10225	189	16	4.746	4.746	NUM
ejge-10225	189	17	on	on	ADP
ejge-10225	189	18	95	95	NUM
ejge-10225	189	19	degrees	degree	NOUN
ejge-10225	189	20	of	of	ADP
ejge-10225	189	21	freedom	freedom	NOUN
ejge-10225	189	22	;	;	PUNCT
ejge-10225	189	23	multiple	multiple	ADJ
ejge-10225	189	24	r	r	NOUN
ejge-10225	189	25	-	-	PUNCT
ejge-10225	189	26	squared	squared	ADJ
ejge-10225	189	27	:	:	PUNCT
ejge-10225	189	28	0.04983	0.04983	NUM
ejge-10225	189	29	,	,	PUNCT
ejge-10225	189	30	adjusted	adjust	VERB
ejge-10225	189	31	rsquared	rsquared	ADJ
ejge-10225	189	32	:	:	PUNCT
ejge-10225	189	33	0.03983	0.03983	NUM
ejge-10225	189	34	;	;	PUNCT
ejge-10225	189	35	f	f	X
ejge-10225	189	36	-	-	PUNCT
ejge-10225	189	37	statistic	statistic	NOUN
ejge-10225	189	38	:	:	PUNCT
ejge-10225	189	39	4.982	4.982	NUM
ejge-10225	189	40	on	on	ADP
ejge-10225	189	41	1	1	NUM
ejge-10225	189	42	and	and	CCONJ
ejge-10225	189	43	95	95	NUM
ejge-10225	189	44	df	df	NOUN
ejge-10225	189	45	,	,	PUNCT
ejge-10225	189	46	*	*	PUNCT
ejge-10225	189	47	p	p	NOUN
ejge-10225	189	48	-	-	PUNCT
ejge-10225	189	49	value	value	NOUN
ejge-10225	189	50	:	:	PUNCT
ejge-10225	189	51	0.02796	0.02796	NUM
ejge-10225	189	52	.	.	PUNCT
ejge-10225	190	1	source	source	NOUN
ejge-10225	190	2	:	:	PUNCT
ejge-10225	190	3	compiled	compile	VERB
ejge-10225	190	4	by	by	ADP
ejge-10225	190	5	the	the	DET
ejge-10225	190	6	authors	author	NOUN
ejge-10225	190	7	.	.	PUNCT
ejge-10225	191	1	figure	figure	VERB
ejge-10225	191	2	3	3	NUM
ejge-10225	191	3	.	.	PUNCT
ejge-10225	191	4	regression	regression	NOUN
ejge-10225	191	5	between	between	ADP
ejge-10225	191	6	cci	cci	PROPN
ejge-10225	191	7	ea19	ea19	PROPN
ejge-10225	191	8	and	and	CCONJ
ejge-10225	191	9	ishares	ishares	PROPN
ejge-10225	191	10	msci	msci	PROPN
ejge-10225	191	11	eurozone	eurozone	PROPN
ejge-10225	191	12	etf	etf	PROPN
ejge-10225	191	13	.	.	PUNCT
ejge-10225	192	1	source	source	NOUN
ejge-10225	192	2	:	:	PUNCT
ejge-10225	192	3	compiled	compile	VERB
ejge-10225	192	4	by	by	ADP
ejge-10225	192	5	the	the	DET
ejge-10225	192	6	authors	author	NOUN
ejge-10225	192	7	.	.	PUNCT
ejge-10225	193	1	the	the	DET
ejge-10225	193	2	intercept	intercept	NOUN
ejge-10225	193	3	term	term	NOUN
ejge-10225	193	4	in	in	ADP
ejge-10225	193	5	the	the	DET
ejge-10225	193	6	model	model	NOUN
ejge-10225	193	7	represents	represent	VERB
ejge-10225	193	8	the	the	DET
ejge-10225	193	9	expected	expect	VERB
ejge-10225	193	10	value	value	NOUN
ejge-10225	193	11	of	of	ADP
ejge-10225	193	12	the	the	DET
ejge-10225	193	13	dependent	dependent	ADJ
ejge-10225	193	14	variable	variable	NOUN
ejge-10225	193	15	(	(	PUNCT
ejge-10225	193	16	ishares	ishares	PROPN
ejge-10225	193	17	msci	msci	PROPN
ejge-10225	193	18	eurozone	eurozone	PROPN
ejge-10225	193	19	etf	etf	NOUN
ejge-10225	193	20	prices	price	NOUN
ejge-10225	193	21	)	)	PUNCT
ejge-10225	193	22	when	when	SCONJ
ejge-10225	193	23	the	the	DET
ejge-10225	193	24	independent	independent	ADJ
ejge-10225	193	25	variable	variable	NOUN
ejge-10225	193	26	(	(	PUNCT
ejge-10225	193	27	cci	cci	PROPN
ejge-10225	193	28	)	)	PUNCT
ejge-10225	193	29	is	be	AUX
ejge-10225	193	30	equal	equal	ADJ
ejge-10225	193	31	to	to	ADP
ejge-10225	193	32	zero	zero	NUM
ejge-10225	193	33	,	,	PUNCT
ejge-10225	193	34	which	which	PRON
ejge-10225	193	35	is	be	AUX
ejge-10225	193	36	not	not	PART
ejge-10225	193	37	a	a	DET
ejge-10225	193	38	realistic	realistic	ADJ
ejge-10225	193	39	scenario	scenario	NOUN
ejge-10225	193	40	,	,	PUNCT
ejge-10225	193	41	and	and	CCONJ
ejge-10225	193	42	therefore	therefore	ADV
ejge-10225	193	43	this	this	DET
ejge-10225	193	44	result	result	NOUN
ejge-10225	193	45	does	do	AUX
ejge-10225	193	46	not	not	PART
ejge-10225	193	47	have	have	VERB
ejge-10225	193	48	any	any	DET
ejge-10225	193	49	practical	practical	ADJ
ejge-10225	193	50	significance	significance	NOUN
ejge-10225	193	51	.	.	PUNCT
ejge-10225	194	1	the	the	DET
ejge-10225	194	2	coefficient	coefficient	NOUN
ejge-10225	194	3	of	of	ADP
ejge-10225	194	4	the	the	DET
ejge-10225	194	5	independent	independent	ADJ
ejge-10225	194	6	variable	variable	NOUN
ejge-10225	194	7	(	(	PUNCT
ejge-10225	194	8	cci_ea19_value	cci_ea19_value	NOUN
ejge-10225	194	9	)	)	PUNCT
ejge-10225	194	10	suggests	suggest	VERB
ejge-10225	194	11	that	that	SCONJ
ejge-10225	194	12	for	for	SCONJ
ejge-10225	194	13	each	each	DET
ejge-10225	194	14	unit	unit	NOUN
ejge-10225	194	15	increase	increase	VERB
ejge-10225	194	16	in	in	ADP
ejge-10225	194	17	the	the	DET
ejge-10225	194	18	cci	cci	NOUN
ejge-10225	194	19	,	,	PUNCT
ejge-10225	194	20	the	the	DET
ejge-10225	194	21	ishares	ishares	PROPN
ejge-10225	194	22	msci	msci	PROPN
ejge-10225	194	23	eurozone	eurozone	PROPN
ejge-10225	194	24	etf	etf	NOUN
ejge-10225	194	25	prices	price	NOUN
ejge-10225	194	26	are	be	AUX
ejge-10225	194	27	expected	expect	VERB
ejge-10225	194	28	,	,	PUNCT
ejge-10225	194	29	ceteris	ceteris	NOUN
ejge-10225	194	30	paribus	paribus	NOUN
ejge-10225	194	31	,	,	PUNCT
ejge-10225	194	32	to	to	PART
ejge-10225	194	33	increase	increase	VERB
ejge-10225	194	34	by	by	ADP
ejge-10225	194	35	0.6091	0.6091	NUM
ejge-10225	194	36	units	unit	NOUN
ejge-10225	194	37	.	.	PUNCT
ejge-10225	195	1	the	the	DET
ejge-10225	195	2	pvalue	pvalue	NOUN
ejge-10225	195	3	associated	associate	VERB
ejge-10225	195	4	with	with	ADP
ejge-10225	195	5	the	the	DET
ejge-10225	195	6	independent	independent	ADJ
ejge-10225	195	7	variable	variable	NOUN
ejge-10225	195	8	is	be	AUX
ejge-10225	195	9	less	less	ADJ
ejge-10225	195	10	than	than	ADP
ejge-10225	195	11	the	the	DET
ejge-10225	195	12	significance	significance	NOUN
ejge-10225	195	13	level	level	NOUN
ejge-10225	195	14	of	of	ADP
ejge-10225	195	15	0.05	0.05	NUM
ejge-10225	195	16	,	,	PUNCT
ejge-10225	195	17	indicating	indicate	VERB
ejge-10225	195	18	that	that	SCONJ
ejge-10225	195	19	there	there	PRON
ejge-10225	195	20	is	be	VERB
ejge-10225	195	21	a	a	DET
ejge-10225	195	22	significant	significant	ADJ
ejge-10225	195	23	relationship	relationship	NOUN
ejge-10225	195	24	between	between	ADP
ejge-10225	195	25	the	the	DET
ejge-10225	195	26	two	two	NUM
ejge-10225	195	27	variables	variable	NOUN
ejge-10225	195	28	.	.	PUNCT
ejge-10225	196	1	even	even	ADV
ejge-10225	196	2	though	though	SCONJ
ejge-10225	196	3	the	the	DET
ejge-10225	196	4	intercept	intercept	NOUN
ejge-10225	196	5	coefficient	coefficient	NOUN
ejge-10225	196	6	is	be	AUX
ejge-10225	196	7	statistically	statistically	ADV
ejge-10225	196	8	significant	significant	ADJ
ejge-10225	196	9	,	,	PUNCT
ejge-10225	196	10	it	it	PRON
ejge-10225	196	11	is	be	AUX
ejge-10225	196	12	relatively	relatively	ADV
ejge-10225	196	13	small	small	ADJ
ejge-10225	196	14	and	and	CCONJ
ejge-10225	196	15	implies	imply	VERB
ejge-10225	196	16	a	a	DET
ejge-10225	196	17	weak	weak	ADJ
ejge-10225	196	18	positive	positive	ADJ
ejge-10225	196	19	relationship	relationship	NOUN
ejge-10225	196	20	between	between	ADP
ejge-10225	196	21	the	the	DET
ejge-10225	196	22	two	two	NUM
ejge-10225	196	23	variables	variable	NOUN
ejge-10225	196	24	.	.	PUNCT
ejge-10225	197	1	in	in	ADP
ejge-10225	197	2	addition	addition	NOUN
ejge-10225	197	3	,	,	PUNCT
ejge-10225	197	4	the	the	DET
ejge-10225	197	5	adjusted	adjusted	ADJ
ejge-10225	197	6	r	r	NOUN
ejge-10225	197	7	-	-	PUNCT
ejge-10225	197	8	squared	square	VERB
ejge-10225	197	9	value	value	NOUN
ejge-10225	197	10	demonstrates	demonstrate	VERB
ejge-10225	197	11	that	that	SCONJ
ejge-10225	197	12	only	only	ADV
ejge-10225	197	13	about	about	ADV
ejge-10225	197	14	3.98	3.98	NUM
ejge-10225	197	15	%	%	NOUN
ejge-10225	197	16	of	of	ADP
ejge-10225	197	17	the	the	DET
ejge-10225	197	18	variation	variation	NOUN
ejge-10225	197	19	in	in	ADP
ejge-10225	197	20	ishares	ishares	PROPN
ejge-10225	197	21	msci	msci	PROPN
ejge-10225	197	22	eurozone	eurozone	NOUN
ejge-10225	197	23	etf	etf	NOUN
ejge-10225	197	24	prices	price	NOUN
ejge-10225	197	25	can	can	AUX
ejge-10225	197	26	be	be	AUX
ejge-10225	197	27	explained	explain	VERB
ejge-10225	197	28	by	by	ADP
ejge-10225	197	29	changes	change	NOUN
ejge-10225	197	30	in	in	ADP
ejge-10225	197	31	the	the	DET
ejge-10225	197	32	investor	investor	NOUN
ejge-10225	197	33	sentiment	sentiment	NOUN
ejge-10225	197	34	and	and	CCONJ
ejge-10225	197	35	euro	euro	PROPN
ejge-10225	197	36	area	area	PROPN
ejge-10225	197	37	etfs	etfs	PROPN
ejge-10225	197	38	consumer	consumer	NOUN
ejge-10225	197	39	confidence	confidence	NOUN
ejge-10225	197	40	index	index	NOUN
ejge-10225	197	41	.	.	PUNCT
ejge-10225	198	1	this	this	DET
ejge-10225	198	2	relatively	relatively	ADV
ejge-10225	198	3	weak	weak	ADJ
ejge-10225	198	4	explanatory	explanatory	ADJ
ejge-10225	198	5	power	power	NOUN
ejge-10225	198	6	of	of	ADP
ejge-10225	198	7	the	the	DET
ejge-10225	198	8	cci	cci	NOUN
ejge-10225	198	9	may	may	AUX
ejge-10225	198	10	be	be	AUX
ejge-10225	198	11	attributed	attribute	VERB
ejge-10225	198	12	to	to	ADP
ejge-10225	198	13	the	the	DET
ejge-10225	198	14	complex	complex	ADJ
ejge-10225	198	15	and	and	CCONJ
ejge-10225	198	16	multifaceted	multifaceted	ADJ
ejge-10225	198	17	nature	nature	NOUN
ejge-10225	198	18	of	of	ADP
ejge-10225	198	19	the	the	DET
ejge-10225	198	20	factors	factor	NOUN
ejge-10225	198	21	influencing	influence	VERB
ejge-10225	198	22	etf	etf	NOUN
ejge-10225	198	23	pricing	pricing	NOUN
ejge-10225	198	24	in	in	ADP
ejge-10225	198	25	the	the	DET
ejge-10225	198	26	euro	euro	PROPN
ejge-10225	198	27	area	area	NOUN
ejge-10225	198	28	.	.	PUNCT
ejge-10225	199	1	in	in	ADP
ejge-10225	199	2	general	general	ADJ
ejge-10225	199	3	,	,	PUNCT
ejge-10225	199	4	while	while	SCONJ
ejge-10225	199	5	the	the	DET
ejge-10225	199	6	results	result	NOUN
ejge-10225	199	7	of	of	ADP
ejge-10225	199	8	the	the	DET
ejge-10225	199	9	regression	regression	NOUN
ejge-10225	199	10	analysis	analysis	NOUN
ejge-10225	199	11	provide	provide	VERB
ejge-10225	199	12	some	some	DET
ejge-10225	199	13	insight	insight	NOUN
ejge-10225	199	14	into	into	ADP
ejge-10225	199	15	the	the	DET
ejge-10225	199	16	relationship	relationship	NOUN
ejge-10225	199	17	between	between	ADP
ejge-10225	199	18	the	the	DET
ejge-10225	199	19	cci	cci	PROPN
ejge-10225	199	20	and	and	CCONJ
ejge-10225	199	21	ishares	ishares	PROPN
ejge-10225	199	22	msci	msci	PROPN
ejge-10225	199	23	eurozone	eurozone	PROPN
ejge-10225	199	24	etf	etf	NOUN
ejge-10225	199	25	prices	price	NOUN
ejge-10225	199	26	,	,	PUNCT
ejge-10225	199	27	they	they	PRON
ejge-10225	199	28	do	do	AUX
ejge-10225	199	29	not	not	PART
ejge-10225	199	30	paint	paint	VERB
ejge-10225	199	31	a	a	DET
ejge-10225	199	32	clear	clear	ADJ
ejge-10225	199	33	picture	picture	NOUN
ejge-10225	199	34	of	of	ADP
ejge-10225	199	35	all	all	DET
ejge-10225	199	36	the	the	DET
ejge-10225	199	37	factors	factor	NOUN
ejge-10225	199	38	that	that	PRON
ejge-10225	199	39	might	might	AUX
ejge-10225	199	40	affect	affect	VERB
ejge-10225	199	41	etf	etf	NOUN
ejge-10225	199	42	prices	price	NOUN
ejge-10225	199	43	.	.	PUNCT
ejge-10225	200	1	therefore	therefore	ADV
ejge-10225	200	2	,	,	PUNCT
ejge-10225	200	3	it	it	PRON
ejge-10225	200	4	is	be	AUX
ejge-10225	200	5	necessary	necessary	ADJ
ejge-10225	200	6	to	to	PART
ejge-10225	200	7	explore	explore	VERB
ejge-10225	200	8	other	other	ADJ
ejge-10225	200	9	factors	factor	NOUN
ejge-10225	200	10	that	that	PRON
ejge-10225	200	11	might	might	AUX
ejge-10225	200	12	impact	impact	VERB
ejge-10225	200	13	the	the	DET
ejge-10225	200	14	prices	price	NOUN
ejge-10225	200	15	of	of	ADP
ejge-10225	200	16	the	the	DET
ejge-10225	200	17	ishares	ishares	PROPN
ejge-10225	200	18	msci	msci	PROPN
ejge-10225	200	19	eurozone	eurozone	PROPN
ejge-10225	200	20	etf	etf	NOUN
ejge-10225	200	21	in	in	ADP
ejge-10225	200	22	addition	addition	NOUN
ejge-10225	200	23	to	to	ADP
ejge-10225	200	24	the	the	DET
ejge-10225	200	25	cci	cci	NOUN
ejge-10225	200	26	for	for	ADP
ejge-10225	200	27	more	more	ADV
ejge-10225	200	28	comprehensive	comprehensive	ADJ
ejge-10225	200	29	guidance	guidance	NOUN
ejge-10225	200	30	for	for	ADP
ejge-10225	200	31	investment	investment	NOUN
ejge-10225	200	32	decisions	decision	NOUN
ejge-10225	200	33	related	relate	VERB
ejge-10225	200	34	to	to	ADP
ejge-10225	200	35	euro	euro	PROPN
ejge-10225	200	36	area	area	PROPN
ejge-10225	200	37	etfs	etfs	PROPN
ejge-10225	200	38	.	.	PUNCT
ejge-10225	201	1	the	the	DET
ejge-10225	201	2	granger	granger	PROPN
ejge-10225	201	3	causality	causality	PROPN
ejge-10225	201	4	test	test	NOUN
ejge-10225	201	5	results	result	NOUN
ejge-10225	201	6	demonstrate	demonstrate	VERB
ejge-10225	201	7	no	no	DET
ejge-10225	201	8	evidence	evidence	NOUN
ejge-10225	201	9	of	of	ADP
ejge-10225	201	10	granger	granger	PROPN
ejge-10225	201	11	causality	causality	NOUN
ejge-10225	201	12	between	between	ADP
ejge-10225	201	13	the	the	DET
ejge-10225	201	14	ishares	ishares	PROPN
ejge-10225	201	15	msci	msci	PROPN
ejge-10225	201	16	eurozone	eurozone	PROPN
ejge-10225	201	17	etf	etf	NOUN
ejge-10225	201	18	prices	price	NOUN
ejge-10225	201	19	(	(	PUNCT
ejge-10225	201	20	value.x	value.x	NOUN
ejge-10225	201	21	)	)	PUNCT
ejge-10225	201	22	and	and	CCONJ
ejge-10225	201	23	the	the	DET
ejge-10225	201	24	cci	cci	NOUN
ejge-10225	201	25	(	(	PUNCT
ejge-10225	201	26	value.y	value.y	NUM
ejge-10225	201	27	)	)	PUNCT
ejge-10225	201	28	.	.	PUNCT
ejge-10225	202	1	in	in	ADP
ejge-10225	202	2	the	the	DET
ejge-10225	202	3	first	first	ADJ
ejge-10225	202	4	model	model	NOUN
ejge-10225	202	5	,	,	PUNCT
ejge-10225	202	6	which	which	PRON
ejge-10225	202	7	tests	test	VERB
ejge-10225	202	8	whether	whether	SCONJ
ejge-10225	202	9	lagged	lag	VERB
ejge-10225	202	10	values	value	NOUN
ejge-10225	202	11	of	of	ADP
ejge-10225	202	12	both	both	DET
ejge-10225	202	13	variables	variable	NOUN
ejge-10225	202	14	can	can	AUX
ejge-10225	202	15	predict	predict	VERB
ejge-10225	202	16	changes	change	NOUN
ejge-10225	202	17	in	in	ADP
ejge-10225	202	18	value.x	value.x	NOUN
ejge-10225	202	19	,	,	PUNCT
ejge-10225	202	20	the	the	DET
ejge-10225	202	21	p	p	NOUN
ejge-10225	202	22	-	-	PUNCT
ejge-10225	202	23	value	value	NOUN
ejge-10225	202	24	is	be	AUX
ejge-10225	202	25	greater	great	ADJ
ejge-10225	202	26	than	than	ADP
ejge-10225	202	27	0.05	0.05	NUM
ejge-10225	202	28	,	,	PUNCT
ejge-10225	202	29	which	which	PRON
ejge-10225	202	30	means	mean	VERB
ejge-10225	202	31	one	one	PRON
ejge-10225	202	32	can	can	AUX
ejge-10225	202	33	not	not	PART
ejge-10225	202	34	reject	reject	VERB
ejge-10225	202	35	the	the	DET
ejge-10225	202	36	null	null	ADJ
ejge-10225	202	37	hypothesis	hypothesis	NOUN
ejge-10225	202	38	that	that	PRON
ejge-10225	202	39	lagged	lag	VERB
ejge-10225	202	40	values	value	NOUN
ejge-10225	202	41	of	of	ADP
ejge-10225	202	42	value.y	value.y	ADP
ejge-10225	202	43	do	do	AUX
ejge-10225	202	44	not	not	PART
ejge-10225	202	45	grangercause	grangercause	VERB
ejge-10225	202	46	value.x	value.x	NOUN
ejge-10225	202	47	(	(	PUNCT
ejge-10225	202	48	table	table	NOUN
ejge-10225	202	49	4	4	NUM
ejge-10225	202	50	)	)	PUNCT
ejge-10225	202	51	.	.	PUNCT
ejge-10225	203	1	table	table	NOUN
ejge-10225	203	2	4	4	NUM
ejge-10225	203	3	.	.	PUNCT
ejge-10225	204	1	granger	granger	PROPN
ejge-10225	204	2	causality	causality	PROPN
ejge-10225	204	3	test	test	NOUN
ejge-10225	204	4	results	result	VERB
ejge-10225	204	5	model	model	NOUN
ejge-10225	204	6	res	re	NOUN
ejge-10225	204	7	.	.	PUNCT
ejge-10225	205	1	df	df	PROPN
ejge-10225	205	2	df	df	PROPN
ejge-10225	205	3	f	f	PROPN
ejge-10225	205	4	pr(>f	pr(>f	PROPN
ejge-10225	205	5	)	)	PUNCT
ejge-10225	205	6	value.x	value.x	NOUN
ejge-10225	205	7	does	do	AUX
ejge-10225	205	8	granger	granger	NOUN
ejge-10225	205	9	cause	cause	VERB
ejge-10225	205	10	value.y	value.y	ADP
ejge-10225	205	11	94	94	NUM
ejge-10225	205	12	1	1	NUM
ejge-10225	205	13	0.337	0.337	NUM
ejge-10225	205	14	0.563	0.563	NUM
ejge-10225	205	15	value.y	value.y	ADP
ejge-10225	205	16	does	do	AUX
ejge-10225	205	17	granger	granger	NOUN
ejge-10225	205	18	cause	cause	VERB
ejge-10225	205	19	value.x	value.x	NOUN
ejge-10225	205	20	94	94	NUM
ejge-10225	205	21	1	1	NUM
ejge-10225	205	22	0.001	0.001	NUM
ejge-10225	205	23	0.97	0.97	NUM
ejge-10225	205	24	source	source	NOUN
ejge-10225	205	25	:	:	PUNCT
ejge-10225	205	26	compiled	compile	VERB
ejge-10225	205	27	by	by	ADP
ejge-10225	205	28	the	the	DET
ejge-10225	205	29	authors	author	NOUN
ejge-10225	205	30	.	.	PUNCT
ejge-10225	206	1	similarly	similarly	ADV
ejge-10225	206	2	,	,	PUNCT
ejge-10225	206	3	in	in	ADP
ejge-10225	206	4	the	the	DET
ejge-10225	206	5	second	second	ADJ
ejge-10225	206	6	model	model	NOUN
ejge-10225	206	7	,	,	PUNCT
ejge-10225	206	8	which	which	PRON
ejge-10225	206	9	tests	test	VERB
ejge-10225	206	10	whether	whether	SCONJ
ejge-10225	206	11	lagged	lag	VERB
ejge-10225	206	12	values	value	NOUN
ejge-10225	206	13	of	of	ADP
ejge-10225	206	14	both	both	DET
ejge-10225	206	15	variables	variable	NOUN
ejge-10225	206	16	can	can	AUX
ejge-10225	206	17	predict	predict	VERB
ejge-10225	206	18	changes	change	NOUN
ejge-10225	206	19	in	in	ADP
ejge-10225	206	20	value.y	value.y	ADP
ejge-10225	206	21	,	,	PUNCT
ejge-10225	206	22	the	the	DET
ejge-10225	206	23	p	p	NOUN
ejge-10225	206	24	-	-	PUNCT
ejge-10225	206	25	value	value	NOUN
ejge-10225	206	26	is	be	AUX
ejge-10225	206	27	greater	great	ADJ
ejge-10225	206	28	than	than	ADP
ejge-10225	206	29	0.05	0.05	NUM
ejge-10225	206	30	,	,	PUNCT
ejge-10225	206	31	which	which	PRON
ejge-10225	206	32	means	mean	VERB
ejge-10225	206	33	one	one	PRON
ejge-10225	206	34	can	can	AUX
ejge-10225	206	35	not	not	PART
ejge-10225	206	36	reject	reject	VERB
ejge-10225	206	37	the	the	DET
ejge-10225	206	38	null	null	ADJ
ejge-10225	206	39	hypothesis	hypothesis	NOUN
ejge-10225	206	40	that	that	PRON
ejge-10225	206	41	lagged	lag	VERB
ejge-10225	206	42	values	value	NOUN
ejge-10225	206	43	of	of	ADP
ejge-10225	206	44	value.x	value.x	NOUN
ejge-10225	206	45	do	do	AUX
ejge-10225	206	46	not	not	PART
ejge-10225	206	47	granger	granger	NOUN
ejge-10225	206	48	-	-	PUNCT
ejge-10225	206	49	cause	cause	NOUN
ejge-10225	206	50	value.y	value.y	NOUN
ejge-10225	206	51	.	.	PUNCT
ejge-10225	207	1	therefore	therefore	ADV
ejge-10225	207	2	,	,	PUNCT
ejge-10225	207	3	based	base	VERB
ejge-10225	207	4	on	on	ADP
ejge-10225	207	5	the	the	DET
ejge-10225	207	6	granger	granger	PROPN
ejge-10225	207	7	causality	causality	PROPN
ejge-10225	207	8	test	test	NOUN
ejge-10225	207	9	results	result	NOUN
ejge-10225	207	10	,	,	PUNCT
ejge-10225	207	11	it	it	PRON
ejge-10225	207	12	may	may	AUX
ejge-10225	207	13	not	not	PART
ejge-10225	207	14	be	be	AUX
ejge-10225	207	15	concluded	conclude	VERB
ejge-10225	207	16	that	that	SCONJ
ejge-10225	207	17	changes	change	NOUN
ejge-10225	207	18	in	in	ADP
ejge-10225	207	19	the	the	DET
ejge-10225	207	20	euro	euro	PROPN
ejge-10225	207	21	area	area	NOUN
ejge-10225	207	22	markets	market	NOUN
ejge-10225	207	23	’	'	PUNCT
ejge-10225	207	24	consumer	consumer	NOUN
ejge-10225	207	25	confidence	confidence	NOUN
ejge-10225	207	26	influence	influence	VERB
ejge-10225	207	27	the	the	DET
ejge-10225	207	28	ishares	ishares	PROPN
ejge-10225	207	29	msci	msci	PROPN
ejge-10225	207	30	eurozone	eurozone	PROPN
ejge-10225	207	31	etf	etf	NOUN
ejge-10225	207	32	prices	price	NOUN
ejge-10225	207	33	.	.	PUNCT
ejge-10225	208	1	granger	granger	PROPN
ejge-10225	208	2	causality	causality	PROPN
ejge-10225	208	3	’s	’s	PART
ejge-10225	208	4	absence	absence	NOUN
ejge-10225	208	5	indicates	indicate	VERB
ejge-10225	208	6	that	that	SCONJ
ejge-10225	208	7	a	a	DET
ejge-10225	208	8	complex	complex	ADJ
ejge-10225	208	9	network	network	NOUN
ejge-10225	208	10	of	of	ADP
ejge-10225	208	11	interrelated	interrelated	ADJ
ejge-10225	208	12	factors	factor	NOUN
ejge-10225	208	13	is	be	AUX
ejge-10225	208	14	likely	likely	ADV
ejge-10225	208	15	influencing	influence	VERB
ejge-10225	208	16	the	the	DET
ejge-10225	208	17	relationship	relationship	NOUN
ejge-10225	208	18	between	between	ADP
ejge-10225	208	19	these	these	DET
ejge-10225	208	20	variables	variable	NOUN
ejge-10225	208	21	rather	rather	ADV
ejge-10225	208	22	than	than	ADP
ejge-10225	208	23	a	a	DET
ejge-10225	208	24	straightforward	straightforward	ADJ
ejge-10225	208	25	,	,	PUNCT
ejge-10225	208	26	unidirectional	unidirectional	ADJ
ejge-10225	208	27	one	one	NOUN
ejge-10225	208	28	.	.	PUNCT
ejge-10225	209	1	in	in	ADP
ejge-10225	209	2	addition	addition	NOUN
ejge-10225	209	3	,	,	PUNCT
ejge-10225	209	4	it	it	PRON
ejge-10225	209	5	is	be	AUX
ejge-10225	209	6	important	important	ADJ
ejge-10225	209	7	to	to	PART
ejge-10225	209	8	note	note	VERB
ejge-10225	209	9	that	that	SCONJ
ejge-10225	209	10	the	the	DET
ejge-10225	209	11	results	result	NOUN
ejge-10225	209	12	of	of	ADP
ejge-10225	209	13	the	the	DET
ejge-10225	209	14	granger	granger	PROPN
ejge-10225	209	15	causality	causality	PROPN
ejge-10225	209	16	test	test	NOUN
ejge-10225	209	17	complement	complement	VERB
ejge-10225	209	18	the	the	DET
ejge-10225	209	19	results	result	NOUN
ejge-10225	209	20	of	of	ADP
ejge-10225	209	21	the	the	DET
ejge-10225	209	22	previous	previous	ADJ
ejge-10225	209	23	tests	test	NOUN
ejge-10225	209	24	and	and	CCONJ
ejge-10225	209	25	,	,	PUNCT
ejge-10225	209	26	therefore	therefore	ADV
ejge-10225	209	27	,	,	PUNCT
ejge-10225	209	28	help	help	AUX
ejge-10225	209	29	come	come	VERB
ejge-10225	209	30	to	to	ADP
ejge-10225	209	31	quite	quite	ADV
ejge-10225	209	32	convincing	convincing	ADJ
ejge-10225	209	33	conclusions	conclusion	NOUN
ejge-10225	209	34	on	on	ADP
ejge-10225	209	35	the	the	DET
ejge-10225	209	36	hypothesis	hypothesis	NOUN
ejge-10225	209	37	.	.	PUNCT
ejge-10225	210	1	4.2	4.2	NUM
ejge-10225	210	2	the	the	DET
ejge-10225	210	3	impact	impact	NOUN
ejge-10225	210	4	of	of	ADP
ejge-10225	210	5	the	the	DET
ejge-10225	210	6	external	external	ADJ
ejge-10225	210	7	factors	factor	NOUN
ejge-10225	210	8	and	and	CCONJ
ejge-10225	210	9	behavioural	behavioural	ADJ
ejge-10225	210	10	patterns	pattern	NOUN
ejge-10225	210	11	of	of	ADP
ejge-10225	210	12	investors	investor	NOUN
ejge-10225	210	13	in	in	ADP
ejge-10225	210	14	the	the	DET
ejge-10225	210	15	euro	euro	PROPN
ejge-10225	210	16	area	area	NOUN
ejge-10225	210	17	as	as	SCONJ
ejge-10225	210	18	was	be	AUX
ejge-10225	210	19	previously	previously	ADV
ejge-10225	210	20	indicated	indicate	VERB
ejge-10225	210	21	,	,	PUNCT
ejge-10225	210	22	various	various	ADJ
ejge-10225	210	23	external	external	ADJ
ejge-10225	210	24	factors	factor	NOUN
ejge-10225	210	25	can	can	AUX
ejge-10225	210	26	have	have	VERB
ejge-10225	210	27	a	a	DET
ejge-10225	210	28	substantial	substantial	ADJ
ejge-10225	210	29	impact	impact	NOUN
ejge-10225	210	30	on	on	ADP
ejge-10225	210	31	the	the	DET
ejge-10225	210	32	relationship	relationship	NOUN
ejge-10225	210	33	between	between	ADP
ejge-10225	210	34	consumer	consumer	NOUN
ejge-10225	210	35	confidence	confidence	NOUN
ejge-10225	210	36	and	and	CCONJ
ejge-10225	210	37	etf	etf	NOUN
ejge-10225	210	38	pricing	pricing	NOUN
ejge-10225	210	39	in	in	ADP
ejge-10225	210	40	the	the	DET
ejge-10225	210	41	euro	euro	NOUN
ejge-10225	210	42	region	region	NOUN
ejge-10225	210	43	.	.	PUNCT
ejge-10225	211	1	establishing	establish	VERB
ejge-10225	211	2	a	a	DET
ejge-10225	211	3	stable	stable	ADJ
ejge-10225	211	4	and	and	CCONJ
ejge-10225	211	5	consistent	consistent	ADJ
ejge-10225	211	6	relationship	relationship	NOUN
ejge-10225	211	7	between	between	ADP
ejge-10225	211	8	investor	investor	NOUN
ejge-10225	211	9	sentiment	sentiment	NOUN
ejge-10225	211	10	and	and	CCONJ
ejge-10225	211	11	etf	etf	NOUN
ejge-10225	211	12	performance	performance	NOUN
ejge-10225	211	13	might	might	AUX
ejge-10225	211	14	be	be	AUX
ejge-10225	211	15	difficult	difficult	ADJ
ejge-10225	211	16	due	due	ADJ
ejge-10225	211	17	to	to	ADP
ejge-10225	211	18	the	the	DET
ejge-10225	211	19	potential	potential	ADJ
ejge-10225	211	20	breaks	break	NOUN
ejge-10225	211	21	or	or	CCONJ
ejge-10225	211	22	shifts	shift	NOUN
ejge-10225	211	23	in	in	ADP
ejge-10225	211	24	the	the	DET
ejge-10225	211	25	dynamics	dynamic	NOUN
ejge-10225	211	26	caused	cause	VERB
ejge-10225	211	27	by	by	ADP
ejge-10225	211	28	them	they	PRON
ejge-10225	211	29	.	.	PUNCT
ejge-10225	212	1	for	for	ADP
ejge-10225	212	2	example	example	NOUN
ejge-10225	212	3	,	,	PUNCT
ejge-10225	212	4	consumer	consumer	NOUN
ejge-10225	212	5	confidence	confidence	NOUN
ejge-10225	212	6	can	can	AUX
ejge-10225	212	7	be	be	AUX
ejge-10225	212	8	significantly	significantly	ADV
ejge-10225	212	9	impacted	impact	VERB
ejge-10225	212	10	by	by	ADP
ejge-10225	212	11	global	global	ADJ
ejge-10225	212	12	events	event	NOUN
ejge-10225	212	13	.	.	PUNCT
ejge-10225	213	1	increased	increase	VERB
ejge-10225	213	2	geopolitical	geopolitical	ADJ
ejge-10225	213	3	tensions	tension	NOUN
ejge-10225	213	4	,	,	PUNCT
ejge-10225	213	5	unstable	unstable	ADJ
ejge-10225	213	6	political	political	ADJ
ejge-10225	213	7	environments	environment	NOUN
ejge-10225	213	8	,	,	PUNCT
ejge-10225	213	9	or	or	CCONJ
ejge-10225	213	10	significant	significant	ADJ
ejge-10225	213	11	international	international	ADJ
ejge-10225	213	12	conflicts	conflict	NOUN
ejge-10225	213	13	might	might	AUX
ejge-10225	213	14	reduce	reduce	VERB
ejge-10225	213	15	investor	investor	NOUN
ejge-10225	213	16	and	and	CCONJ
ejge-10225	213	17	household	household	NOUN
ejge-10225	213	18	optimism	optimism	NOUN
ejge-10225	213	19	,	,	PUNCT
ejge-10225	213	20	which	which	PRON
ejge-10225	213	21	can	can	AUX
ejge-10225	213	22	lower	lower	VERB
ejge-10225	213	23	the	the	DET
ejge-10225	213	24	consumer	consumer	NOUN
ejge-10225	213	25	confidence	confidence	NOUN
ejge-10225	213	26	index	index	NOUN
ejge-10225	213	27	(	(	PUNCT
ejge-10225	213	28	kudrina	kudrina	PROPN
ejge-10225	213	29	&	&	CCONJ
ejge-10225	213	30	ivchenko	ivchenko	PROPN
ejge-10225	213	31	,	,	PUNCT
ejge-10225	213	32	2023	2023	NUM
ejge-10225	213	33	)	)	PUNCT
ejge-10225	213	34	.	.	PUNCT
ejge-10225	214	1	equity	equity	NOUN
ejge-10225	214	2	-	-	PUNCT
ejge-10225	214	3	based	base	VERB
ejge-10225	214	4	etfs	etfs	NOUN
ejge-10225	214	5	may	may	AUX
ejge-10225	214	6	see	see	VERB
ejge-10225	214	7	a	a	DET
ejge-10225	214	8	decline	decline	NOUN
ejge-10225	214	9	as	as	ADP
ejge-10225	214	10	a	a	DET
ejge-10225	214	11	result	result	NOUN
ejge-10225	214	12	of	of	ADP
ejge-10225	214	13	this	this	DET
ejge-10225	214	14	shift	shift	NOUN
ejge-10225	214	15	in	in	ADP
ejge-10225	214	16	attitude	attitude	NOUN
ejge-10225	214	17	,	,	PUNCT
ejge-10225	214	18	which	which	PRON
ejge-10225	214	19	may	may	AUX
ejge-10225	214	20	also	also	ADV
ejge-10225	214	21	cause	cause	VERB
ejge-10225	214	22	a	a	DET
ejge-10225	214	23	flight	flight	NOUN
ejge-10225	214	24	to	to	ADP
ejge-10225	214	25	safety	safety	NOUN
ejge-10225	214	26	and	and	CCONJ
ejge-10225	214	27	heightened	heighten	VERB
ejge-10225	214	28	risk	risk	NOUN
ejge-10225	214	29	aversion	aversion	NOUN
ejge-10225	214	30	.	.	PUNCT
ejge-10225	215	1	176	176	NUM
ejge-10225	215	2	pavlo	pavlo	PROPN
ejge-10225	215	3	dziuba	dziuba	PROPN
ejge-10225	215	4	et	et	PROPN
ejge-10225	215	5	al	al	PROPN
ejge-10225	215	6	.	.	PROPN
ejge-10225	216	1	in	in	ADP
ejge-10225	216	2	a	a	DET
ejge-10225	216	3	similar	similar	ADJ
ejge-10225	216	4	way	way	NOUN
ejge-10225	216	5	,	,	PUNCT
ejge-10225	216	6	the	the	DET
ejge-10225	216	7	relationship	relationship	NOUN
ejge-10225	216	8	between	between	ADP
ejge-10225	216	9	the	the	DET
ejge-10225	216	10	cci	cci	PROPN
ejge-10225	216	11	and	and	CCONJ
ejge-10225	216	12	etf	etf	NOUN
ejge-10225	216	13	performance	performance	NOUN
ejge-10225	216	14	in	in	ADP
ejge-10225	216	15	the	the	DET
ejge-10225	216	16	euro	euro	NOUN
ejge-10225	216	17	region	region	NOUN
ejge-10225	216	18	can	can	AUX
ejge-10225	216	19	also	also	ADV
ejge-10225	216	20	be	be	AUX
ejge-10225	216	21	influenced	influence	VERB
ejge-10225	216	22	by	by	ADP
ejge-10225	216	23	broader	broad	ADJ
ejge-10225	216	24	global	global	ADJ
ejge-10225	216	25	economic	economic	ADJ
ejge-10225	216	26	trends	trend	NOUN
ejge-10225	216	27	.	.	PUNCT
ejge-10225	217	1	prolonged	prolong	VERB
ejge-10225	217	2	periods	period	NOUN
ejge-10225	217	3	of	of	ADP
ejge-10225	217	4	robust	robust	ADJ
ejge-10225	217	5	economic	economic	ADJ
ejge-10225	217	6	expansion	expansion	NOUN
ejge-10225	217	7	and	and	CCONJ
ejge-10225	217	8	growth	growth	NOUN
ejge-10225	217	9	in	in	ADP
ejge-10225	217	10	large	large	ADJ
ejge-10225	217	11	economies	economy	NOUN
ejge-10225	217	12	,	,	PUNCT
ejge-10225	217	13	like	like	ADP
ejge-10225	217	14	the	the	DET
ejge-10225	217	15	us	us	PROPN
ejge-10225	217	16	or	or	CCONJ
ejge-10225	217	17	china	china	PROPN
ejge-10225	217	18	,	,	PUNCT
ejge-10225	217	19	can	can	AUX
ejge-10225	217	20	positively	positively	ADV
ejge-10225	217	21	influence	influence	VERB
ejge-10225	217	22	consumer	consumer	NOUN
ejge-10225	217	23	confidence	confidence	NOUN
ejge-10225	217	24	and	and	CCONJ
ejge-10225	217	25	investor	investor	NOUN
ejge-10225	217	26	attitudes	attitude	NOUN
ejge-10225	217	27	within	within	ADP
ejge-10225	217	28	the	the	DET
ejge-10225	217	29	eurozone	eurozone	NOUN
ejge-10225	217	30	.	.	PUNCT
ejge-10225	218	1	the	the	DET
ejge-10225	218	2	demand	demand	NOUN
ejge-10225	218	3	for	for	ADP
ejge-10225	218	4	etfs	etfs	NOUN
ejge-10225	218	5	based	base	VERB
ejge-10225	218	6	in	in	ADP
ejge-10225	218	7	the	the	DET
ejge-10225	218	8	eurozone	eurozone	NOUN
ejge-10225	218	9	may	may	AUX
ejge-10225	218	10	rise	rise	VERB
ejge-10225	218	11	as	as	ADP
ejge-10225	218	12	a	a	DET
ejge-10225	218	13	result	result	NOUN
ejge-10225	218	14	,	,	PUNCT
ejge-10225	218	15	which	which	PRON
ejge-10225	218	16	might	might	AUX
ejge-10225	218	17	reinforce	reinforce	VERB
ejge-10225	218	18	the	the	DET
ejge-10225	218	19	favourable	favourable	ADJ
ejge-10225	218	20	relationship	relationship	NOUN
ejge-10225	218	21	between	between	ADP
ejge-10225	218	22	etf	etf	NOUN
ejge-10225	218	23	prices	price	NOUN
ejge-10225	218	24	and	and	CCONJ
ejge-10225	218	25	the	the	DET
ejge-10225	218	26	cci	cci	PROPN
ejge-10225	218	27	.	.	PUNCT
ejge-10225	219	1	nevertheless	nevertheless	ADV
ejge-10225	219	2	,	,	PUNCT
ejge-10225	219	3	even	even	ADV
ejge-10225	219	4	when	when	SCONJ
ejge-10225	219	5	the	the	DET
ejge-10225	219	6	core	core	NOUN
ejge-10225	219	7	fundamentals	fundamental	NOUN
ejge-10225	219	8	of	of	ADP
ejge-10225	219	9	the	the	DET
ejge-10225	219	10	member	member	NOUN
ejge-10225	219	11	companies	company	NOUN
ejge-10225	219	12	of	of	ADP
ejge-10225	219	13	european	european	PROPN
ejge-10225	219	14	etfs	etfs	PROPN
ejge-10225	219	15	stay	stay	VERB
ejge-10225	219	16	reasonably	reasonably	ADV
ejge-10225	219	17	consistent	consistent	ADJ
ejge-10225	219	18	,	,	PUNCT
ejge-10225	219	19	global	global	ADJ
ejge-10225	219	20	economic	economic	ADJ
ejge-10225	219	21	downturns	downturn	NOUN
ejge-10225	219	22	or	or	CCONJ
ejge-10225	219	23	recessions	recession	NOUN
ejge-10225	219	24	have	have	VERB
ejge-10225	219	25	the	the	DET
ejge-10225	219	26	potential	potential	NOUN
ejge-10225	219	27	to	to	PART
ejge-10225	219	28	undermine	undermine	VERB
ejge-10225	219	29	consumer	consumer	NOUN
ejge-10225	219	30	confidence	confidence	NOUN
ejge-10225	219	31	and	and	CCONJ
ejge-10225	219	32	adversely	adversely	ADV
ejge-10225	219	33	affect	affect	VERB
ejge-10225	219	34	the	the	DET
ejge-10225	219	35	pricing	pricing	NOUN
ejge-10225	219	36	of	of	ADP
ejge-10225	219	37	these	these	DET
ejge-10225	219	38	products	product	NOUN
ejge-10225	219	39	.	.	PUNCT
ejge-10225	220	1	monetary	monetary	ADJ
ejge-10225	220	2	policy	policy	NOUN
ejge-10225	220	3	changes	change	NOUN
ejge-10225	220	4	also	also	ADV
ejge-10225	220	5	have	have	VERB
ejge-10225	220	6	a	a	DET
ejge-10225	220	7	significant	significant	ADJ
ejge-10225	220	8	impact	impact	NOUN
ejge-10225	220	9	.	.	PUNCT
ejge-10225	221	1	demand	demand	NOUN
ejge-10225	221	2	for	for	ADP
ejge-10225	221	3	euro	euro	PROPN
ejge-10225	221	4	area	area	PROPN
ejge-10225	221	5	etfs	etfs	PROPN
ejge-10225	221	6	,	,	PUNCT
ejge-10225	221	7	for	for	ADP
ejge-10225	221	8	instance	instance	NOUN
ejge-10225	221	9	,	,	PUNCT
ejge-10225	221	10	may	may	AUX
ejge-10225	221	11	increase	increase	VERB
ejge-10225	221	12	if	if	SCONJ
ejge-10225	221	13	expansionary	expansionary	ADJ
ejge-10225	221	14	monetary	monetary	ADJ
ejge-10225	221	15	policies	policy	NOUN
ejge-10225	221	16	like	like	ADP
ejge-10225	221	17	interest	interest	NOUN
ejge-10225	221	18	rate	rate	NOUN
ejge-10225	221	19	reductions	reduction	NOUN
ejge-10225	221	20	or	or	CCONJ
ejge-10225	221	21	quantitative	quantitative	ADJ
ejge-10225	221	22	easing	easing	NOUN
ejge-10225	221	23	are	be	AUX
ejge-10225	221	24	implemented	implement	VERB
ejge-10225	221	25	.	.	PUNCT
ejge-10225	222	1	these	these	DET
ejge-10225	222	2	measures	measure	NOUN
ejge-10225	222	3	can	can	AUX
ejge-10225	222	4	also	also	ADV
ejge-10225	222	5	increase	increase	VERB
ejge-10225	222	6	consumer	consumer	NOUN
ejge-10225	222	7	confidence	confidence	NOUN
ejge-10225	222	8	.	.	PUNCT
ejge-10225	223	1	at	at	ADP
ejge-10225	223	2	the	the	DET
ejge-10225	223	3	same	same	ADJ
ejge-10225	223	4	time	time	NOUN
ejge-10225	223	5	,	,	PUNCT
ejge-10225	223	6	the	the	DET
ejge-10225	223	7	implementation	implementation	NOUN
ejge-10225	223	8	of	of	ADP
ejge-10225	223	9	contractionary	contractionary	ADJ
ejge-10225	223	10	measures	measure	NOUN
ejge-10225	223	11	like	like	ADP
ejge-10225	223	12	the	the	DET
ejge-10225	223	13	rise	rise	NOUN
ejge-10225	223	14	in	in	ADP
ejge-10225	223	15	interest	interest	NOUN
ejge-10225	223	16	rates	rate	NOUN
ejge-10225	223	17	may	may	AUX
ejge-10225	223	18	cause	cause	VERB
ejge-10225	223	19	investors	investor	NOUN
ejge-10225	223	20	to	to	PART
ejge-10225	223	21	become	become	VERB
ejge-10225	223	22	more	more	ADV
ejge-10225	223	23	riskapprehensive	riskapprehensive	ADJ
ejge-10225	223	24	,	,	PUNCT
ejge-10225	223	25	which	which	PRON
ejge-10225	223	26	in	in	ADP
ejge-10225	223	27	turn	turn	NOUN
ejge-10225	223	28	may	may	AUX
ejge-10225	223	29	cause	cause	VERB
ejge-10225	223	30	consumer	consumer	NOUN
ejge-10225	223	31	confidence	confidence	NOUN
ejge-10225	223	32	to	to	PART
ejge-10225	223	33	weaken	weaken	VERB
ejge-10225	223	34	and	and	CCONJ
ejge-10225	223	35	etf	etf	NOUN
ejge-10225	223	36	prices	price	NOUN
ejge-10225	223	37	to	to	PART
ejge-10225	223	38	fall	fall	VERB
ejge-10225	223	39	.	.	PUNCT
ejge-10225	224	1	even	even	ADV
ejge-10225	224	2	though	though	SCONJ
ejge-10225	224	3	the	the	DET
ejge-10225	224	4	data	datum	NOUN
ejge-10225	224	5	point	point	VERB
ejge-10225	224	6	to	to	ADP
ejge-10225	224	7	a	a	DET
ejge-10225	224	8	narrow	narrow	ADJ
ejge-10225	224	9	direct	direct	ADJ
ejge-10225	224	10	correlation	correlation	NOUN
ejge-10225	224	11	between	between	ADP
ejge-10225	224	12	the	the	DET
ejge-10225	224	13	cci	cci	PROPN
ejge-10225	224	14	and	and	CCONJ
ejge-10225	224	15	european	european	ADJ
ejge-10225	224	16	etf	etf	NOUN
ejge-10225	224	17	performance	performance	NOUN
ejge-10225	224	18	,	,	PUNCT
ejge-10225	224	19	it	it	PRON
ejge-10225	224	20	is	be	AUX
ejge-10225	224	21	still	still	ADV
ejge-10225	224	22	vital	vital	ADJ
ejge-10225	224	23	to	to	PART
ejge-10225	224	24	take	take	VERB
ejge-10225	224	25	into	into	ADP
ejge-10225	224	26	account	account	NOUN
ejge-10225	224	27	the	the	DET
ejge-10225	224	28	more	more	ADV
ejge-10225	224	29	nuanced	nuanced	ADJ
ejge-10225	224	30	and	and	CCONJ
ejge-10225	224	31	indirect	indirect	ADJ
ejge-10225	224	32	ways	way	NOUN
ejge-10225	224	33	that	that	PRON
ejge-10225	224	34	investor	investor	NOUN
ejge-10225	224	35	emotion	emotion	NOUN
ejge-10225	224	36	may	may	AUX
ejge-10225	224	37	affect	affect	VERB
ejge-10225	224	38	both	both	DET
ejge-10225	224	39	market	market	NOUN
ejge-10225	224	40	dynamics	dynamic	NOUN
ejge-10225	224	41	and	and	CCONJ
ejge-10225	224	42	investment	investment	NOUN
ejge-10225	224	43	choices	choice	NOUN
ejge-10225	224	44	.	.	PUNCT
ejge-10225	225	1	according	accord	VERB
ejge-10225	225	2	to	to	ADP
ejge-10225	225	3	behavioural	behavioural	ADJ
ejge-10225	225	4	finance	finance	NOUN
ejge-10225	225	5	theory	theory	NOUN
ejge-10225	225	6	,	,	PUNCT
ejge-10225	225	7	social	social	ADJ
ejge-10225	225	8	circumstances	circumstance	NOUN
ejge-10225	225	9	,	,	PUNCT
ejge-10225	225	10	emotions	emotion	NOUN
ejge-10225	225	11	,	,	PUNCT
ejge-10225	225	12	and	and	CCONJ
ejge-10225	225	13	cognitive	cognitive	ADJ
ejge-10225	225	14	biases	bias	NOUN
ejge-10225	225	15	can	can	AUX
ejge-10225	225	16	all	all	ADV
ejge-10225	225	17	have	have	VERB
ejge-10225	225	18	an	an	DET
ejge-10225	225	19	impact	impact	NOUN
ejge-10225	225	20	on	on	ADP
ejge-10225	225	21	an	an	DET
ejge-10225	225	22	investor	investor	NOUN
ejge-10225	225	23	’s	’s	PART
ejge-10225	225	24	decision	decision	NOUN
ejge-10225	225	25	-	-	PUNCT
ejge-10225	225	26	making	make	VERB
ejge-10225	225	27	process	process	NOUN
ejge-10225	225	28	,	,	PUNCT
ejge-10225	225	29	and	and	CCONJ
ejge-10225	225	30	they	they	PRON
ejge-10225	225	31	do	do	AUX
ejge-10225	225	32	not	not	PART
ejge-10225	225	33	always	always	ADV
ejge-10225	225	34	act	act	VERB
ejge-10225	225	35	in	in	ADP
ejge-10225	225	36	a	a	DET
ejge-10225	225	37	perfectly	perfectly	ADV
ejge-10225	225	38	rational	rational	ADJ
ejge-10225	225	39	way	way	NOUN
ejge-10225	225	40	.	.	PUNCT
ejge-10225	226	1	changes	change	NOUN
ejge-10225	226	2	in	in	ADP
ejge-10225	226	3	consumer	consumer	NOUN
ejge-10225	226	4	confidence	confidence	NOUN
ejge-10225	226	5	within	within	ADP
ejge-10225	226	6	the	the	DET
ejge-10225	226	7	euro	euro	NOUN
ejge-10225	226	8	region	region	NOUN
ejge-10225	226	9	may	may	AUX
ejge-10225	226	10	set	set	VERB
ejge-10225	226	11	off	off	ADP
ejge-10225	226	12	specific	specific	ADJ
ejge-10225	226	13	behavioural	behavioural	ADJ
ejge-10225	226	14	patterns	pattern	NOUN
ejge-10225	226	15	that	that	PRON
ejge-10225	226	16	have	have	VERB
ejge-10225	226	17	an	an	DET
ejge-10225	226	18	effect	effect	NOUN
ejge-10225	226	19	on	on	ADP
ejge-10225	226	20	etf	etf	NOUN
ejge-10225	226	21	trading	trading	NOUN
ejge-10225	226	22	and	and	CCONJ
ejge-10225	226	23	price	price	NOUN
ejge-10225	226	24	.	.	PUNCT
ejge-10225	227	1	for	for	ADP
ejge-10225	227	2	instance	instance	NOUN
ejge-10225	227	3	,	,	PUNCT
ejge-10225	227	4	times	time	NOUN
ejge-10225	227	5	of	of	ADP
ejge-10225	227	6	high	high	ADJ
ejge-10225	227	7	consumer	consumer	NOUN
ejge-10225	227	8	confidence	confidence	NOUN
ejge-10225	227	9	may	may	AUX
ejge-10225	227	10	encourage	encourage	VERB
ejge-10225	227	11	retail	retail	ADJ
ejge-10225	227	12	investors	investor	NOUN
ejge-10225	227	13	to	to	PART
ejge-10225	227	14	engage	engage	VERB
ejge-10225	227	15	in	in	ADP
ejge-10225	227	16	more	more	ADV
ejge-10225	227	17	speculative	speculative	ADJ
ejge-10225	227	18	and	and	CCONJ
ejge-10225	227	19	risky	risky	ADJ
ejge-10225	227	20	activity	activity	NOUN
ejge-10225	227	21	.	.	PUNCT
ejge-10225	228	1	they	they	PRON
ejge-10225	228	2	may	may	AUX
ejge-10225	228	3	also	also	ADV
ejge-10225	228	4	be	be	AUX
ejge-10225	228	5	more	more	ADV
ejge-10225	228	6	likely	likely	ADJ
ejge-10225	228	7	to	to	PART
ejge-10225	228	8	allocate	allocate	VERB
ejge-10225	228	9	capital	capital	NOUN
ejge-10225	228	10	to	to	ADP
ejge-10225	228	11	riskier	risky	ADJ
ejge-10225	228	12	assets	asset	NOUN
ejge-10225	228	13	,	,	PUNCT
ejge-10225	228	14	such	such	ADJ
ejge-10225	228	15	as	as	ADP
ejge-10225	228	16	specialised	specialised	ADJ
ejge-10225	228	17	or	or	CCONJ
ejge-10225	228	18	sector	sector	NOUN
ejge-10225	228	19	-	-	PUNCT
ejge-10225	228	20	specific	specific	ADJ
ejge-10225	228	21	etfs	etfs	NOUN
ejge-10225	228	22	.	.	PUNCT
ejge-10225	229	1	this	this	PRON
ejge-10225	229	2	may	may	AUX
ejge-10225	229	3	increase	increase	VERB
ejge-10225	229	4	demand	demand	NOUN
ejge-10225	229	5	and	and	CCONJ
ejge-10225	229	6	raise	raise	VERB
ejge-10225	229	7	costs	cost	NOUN
ejge-10225	229	8	for	for	ADP
ejge-10225	229	9	specific	specific	ADJ
ejge-10225	229	10	etfs	etfs	NOUN
ejge-10225	229	11	,	,	PUNCT
ejge-10225	229	12	irrespective	irrespective	ADV
ejge-10225	229	13	of	of	ADP
ejge-10225	229	14	their	their	PRON
ejge-10225	229	15	underlying	underlie	VERB
ejge-10225	229	16	principles	principle	NOUN
ejge-10225	229	17	.	.	PUNCT
ejge-10225	230	1	on	on	ADP
ejge-10225	230	2	the	the	DET
ejge-10225	230	3	other	other	ADJ
ejge-10225	230	4	hand	hand	NOUN
ejge-10225	230	5	,	,	PUNCT
ejge-10225	230	6	if	if	SCONJ
ejge-10225	230	7	investor	investor	NOUN
ejge-10225	230	8	confidence	confidence	NOUN
ejge-10225	230	9	wanes	wane	VERB
ejge-10225	230	10	,	,	PUNCT
ejge-10225	230	11	it	it	PRON
ejge-10225	230	12	could	could	AUX
ejge-10225	230	13	result	result	VERB
ejge-10225	230	14	in	in	ADP
ejge-10225	230	15	a	a	DET
ejge-10225	230	16	widespread	widespread	ADJ
ejge-10225	230	17	flight	flight	NOUN
ejge-10225	230	18	to	to	ADP
ejge-10225	230	19	safety	safety	NOUN
ejge-10225	230	20	and	and	CCONJ
ejge-10225	230	21	additional	additional	ADJ
ejge-10225	230	22	selling	selling	NOUN
ejge-10225	230	23	pressure	pressure	NOUN
ejge-10225	230	24	on	on	ADP
ejge-10225	230	25	etfs	etfs	NOUN
ejge-10225	230	26	,	,	PUNCT
ejge-10225	230	27	even	even	ADV
ejge-10225	230	28	in	in	ADP
ejge-10225	230	29	cases	case	NOUN
ejge-10225	230	30	where	where	SCONJ
ejge-10225	230	31	the	the	DET
ejge-10225	230	32	underlying	underlie	VERB
ejge-10225	230	33	companies	company	NOUN
ejge-10225	230	34	’	'	PUNCT
ejge-10225	230	35	long	long	ADJ
ejge-10225	230	36	-	-	PUNCT
ejge-10225	230	37	term	term	NOUN
ejge-10225	230	38	prospects	prospect	NOUN
ejge-10225	230	39	remain	remain	VERB
ejge-10225	230	40	unchanged	unchanged	ADJ
ejge-10225	230	41	.	.	PUNCT
ejge-10225	231	1	furthermore	furthermore	ADV
ejge-10225	231	2	,	,	PUNCT
ejge-10225	231	3	shifts	shift	NOUN
ejge-10225	231	4	in	in	ADP
ejge-10225	231	5	consumer	consumer	NOUN
ejge-10225	231	6	opinion	opinion	NOUN
ejge-10225	231	7	may	may	AUX
ejge-10225	231	8	also	also	ADV
ejge-10225	231	9	have	have	VERB
ejge-10225	231	10	an	an	DET
ejge-10225	231	11	impact	impact	NOUN
ejge-10225	231	12	on	on	ADP
ejge-10225	231	13	institutional	institutional	ADJ
ejge-10225	231	14	investors	investor	NOUN
ejge-10225	231	15	’	'	PUNCT
ejge-10225	231	16	behavioural	behavioural	ADJ
ejge-10225	231	17	habits	habit	NOUN
ejge-10225	231	18	.	.	PUNCT
ejge-10225	232	1	even	even	ADV
ejge-10225	232	2	though	though	SCONJ
ejge-10225	232	3	the	the	DET
ejge-10225	232	4	cci	cci	NOUN
ejge-10225	232	5	is	be	AUX
ejge-10225	232	6	not	not	PART
ejge-10225	232	7	the	the	DET
ejge-10225	232	8	only	only	ADJ
ejge-10225	232	9	factor	factor	NOUN
ejge-10225	232	10	influencing	influence	VERB
ejge-10225	232	11	their	their	PRON
ejge-10225	232	12	choices	choice	NOUN
ejge-10225	232	13	,	,	PUNCT
ejge-10225	232	14	these	these	DET
ejge-10225	232	15	bigger	big	ADJ
ejge-10225	232	16	players	player	NOUN
ejge-10225	232	17	might	might	AUX
ejge-10225	232	18	modify	modify	VERB
ejge-10225	232	19	the	the	DET
ejge-10225	232	20	allocations	allocation	NOUN
ejge-10225	232	21	and	and	CCONJ
ejge-10225	232	22	holdings	holding	NOUN
ejge-10225	232	23	of	of	ADP
ejge-10225	232	24	etfs	etfs	PROPN
ejge-10225	232	25	they	they	PRON
ejge-10225	232	26	own	own	VERB
ejge-10225	232	27	depending	depend	VERB
ejge-10225	232	28	on	on	ADP
ejge-10225	232	29	how	how	SCONJ
ejge-10225	232	30	they	they	PRON
ejge-10225	232	31	see	see	VERB
ejge-10225	232	32	the	the	DET
ejge-10225	232	33	state	state	NOUN
ejge-10225	232	34	of	of	ADP
ejge-10225	232	35	the	the	DET
ejge-10225	232	36	market	market	NOUN
ejge-10225	232	37	.	.	PUNCT
ejge-10225	233	1	such	such	ADJ
ejge-10225	233	2	behavioural	behavioural	ADJ
ejge-10225	233	3	modifications	modification	NOUN
ejge-10225	233	4	may	may	AUX
ejge-10225	233	5	have	have	VERB
ejge-10225	233	6	repercussions	repercussion	NOUN
ejge-10225	233	7	throughout	throughout	ADP
ejge-10225	233	8	the	the	DET
ejge-10225	233	9	european	european	ADJ
ejge-10225	233	10	etf	etf	NOUN
ejge-10225	233	11	market	market	NOUN
ejge-10225	233	12	,	,	PUNCT
ejge-10225	233	13	adding	add	VERB
ejge-10225	233	14	to	to	ADP
ejge-10225	233	15	the	the	DET
ejge-10225	233	16	intricate	intricate	ADJ
ejge-10225	233	17	dynamics	dynamic	NOUN
ejge-10225	233	18	shown	show	VERB
ejge-10225	233	19	in	in	ADP
ejge-10225	233	20	the	the	DET
ejge-10225	233	21	findings	finding	NOUN
ejge-10225	233	22	.	.	PUNCT
ejge-10225	234	1	4.3	4.3	NUM
ejge-10225	234	2	comparison	comparison	NOUN
ejge-10225	234	3	of	of	ADP
ejge-10225	234	4	the	the	DET
ejge-10225	234	5	relationship	relationship	NOUN
ejge-10225	234	6	of	of	ADP
ejge-10225	234	7	the	the	DET
ejge-10225	234	8	cci	cci	PROPN
ejge-10225	234	9	and	and	CCONJ
ejge-10225	234	10	etfs	etfs	PROPN
ejge-10225	234	11	in	in	ADP
ejge-10225	234	12	europe	europe	PROPN
ejge-10225	234	13	to	to	ADP
ejge-10225	234	14	those	those	PRON
ejge-10225	234	15	in	in	ADP
ejge-10225	234	16	the	the	DET
ejge-10225	234	17	us	us	PROPN
ejge-10225	234	18	and	and	CCONJ
ejge-10225	234	19	asia	asia	PROPN
ejge-10225	234	20	there	there	PRON
ejge-10225	234	21	are	be	VERB
ejge-10225	234	22	several	several	ADJ
ejge-10225	234	23	intriguing	intriguing	ADJ
ejge-10225	234	24	parallels	parallel	NOUN
ejge-10225	234	25	and	and	CCONJ
ejge-10225	234	26	distinctions	distinction	NOUN
ejge-10225	234	27	between	between	ADP
ejge-10225	234	28	the	the	DET
ejge-10225	234	29	relationship	relationship	NOUN
ejge-10225	234	30	between	between	ADP
ejge-10225	234	31	consumer	consumer	NOUN
ejge-10225	234	32	confidence	confidence	NOUN
ejge-10225	234	33	and	and	CCONJ
ejge-10225	234	34	etf	etf	NOUN
ejge-10225	234	35	pricing	pricing	NOUN
ejge-10225	234	36	in	in	ADP
ejge-10225	234	37	the	the	DET
ejge-10225	234	38	euro	euro	NOUN
ejge-10225	234	39	region	region	NOUN
ejge-10225	234	40	and	and	CCONJ
ejge-10225	234	41	other	other	ADJ
ejge-10225	234	42	significant	significant	ADJ
ejge-10225	234	43	financial	financial	ADJ
ejge-10225	234	44	markets	market	NOUN
ejge-10225	234	45	,	,	PUNCT
ejge-10225	234	46	like	like	ADP
ejge-10225	234	47	the	the	DET
ejge-10225	234	48	us	us	PROPN
ejge-10225	234	49	and	and	CCONJ
ejge-10225	234	50	asia	asia	PROPN
ejge-10225	234	51	.	.	PUNCT
ejge-10225	235	1	a	a	DET
ejge-10225	235	2	substantial	substantial	ADJ
ejge-10225	235	3	amount	amount	NOUN
ejge-10225	235	4	of	of	ADP
ejge-10225	235	5	research	research	NOUN
ejge-10225	235	6	has	have	AUX
ejge-10225	235	7	examined	examine	VERB
ejge-10225	235	8	the	the	DET
ejge-10225	235	9	relationship	relationship	NOUN
ejge-10225	235	10	between	between	ADP
ejge-10225	235	11	exchange	exchange	NOUN
ejge-10225	235	12	-	-	PUNCT
ejge-10225	235	13	traded	trade	VERB
ejge-10225	235	14	fund	fund	NOUN
ejge-10225	235	15	performance	performance	NOUN
ejge-10225	235	16	and	and	CCONJ
ejge-10225	235	17	investor	investor	NOUN
ejge-10225	235	18	sentiment	sentiment	NOUN
ejge-10225	235	19	in	in	ADP
ejge-10225	235	20	the	the	DET
ejge-10225	235	21	united	united	PROPN
ejge-10225	235	22	states	states	PROPN
ejge-10225	235	23	,	,	PUNCT
ejge-10225	235	24	with	with	ADP
ejge-10225	235	25	consumer	consumer	NOUN
ejge-10225	235	26	confidence	confidence	NOUN
ejge-10225	235	27	indexes	index	NOUN
ejge-10225	235	28	frequently	frequently	ADV
ejge-10225	235	29	serving	serve	VERB
ejge-10225	235	30	as	as	ADP
ejge-10225	235	31	proxies	proxy	NOUN
ejge-10225	235	32	.	.	PUNCT
ejge-10225	236	1	in	in	ADP
ejge-10225	236	2	comparison	comparison	NOUN
ejge-10225	236	3	to	to	ADP
ejge-10225	236	4	the	the	DET
ejge-10225	236	5	findings	finding	NOUN
ejge-10225	236	6	from	from	ADP
ejge-10225	236	7	the	the	DET
ejge-10225	236	8	euro	euro	PROPN
ejge-10225	236	9	area	area	NOUN
ejge-10225	236	10	described	describe	VERB
ejge-10225	236	11	in	in	ADP
ejge-10225	236	12	this	this	DET
ejge-10225	236	13	research	research	NOUN
ejge-10225	236	14	,	,	PUNCT
ejge-10225	236	15	studies	study	NOUN
ejge-10225	236	16	conducted	conduct	VERB
ejge-10225	236	17	in	in	ADP
ejge-10225	236	18	the	the	DET
ejge-10225	236	19	us	us	PROPN
ejge-10225	236	20	have	have	AUX
ejge-10225	236	21	generally	generally	ADV
ejge-10225	236	22	revealed	reveal	VERB
ejge-10225	236	23	a	a	DET
ejge-10225	236	24	more	more	ADV
ejge-10225	236	25	significant	significant	ADJ
ejge-10225	236	26	association	association	NOUN
ejge-10225	236	27	between	between	ADP
ejge-10225	236	28	investor	investor	NOUN
ejge-10225	236	29	sentiment	sentiment	NOUN
ejge-10225	236	30	and	and	CCONJ
ejge-10225	236	31	euro	euro	PROPN
ejge-10225	236	32	area	area	NOUN
ejge-10225	236	33	etfs	etfs	PROPN
ejge-10225	236	34	these	these	DET
ejge-10225	236	35	characteristics	characteristic	NOUN
ejge-10225	236	36	.	.	PUNCT
ejge-10225	237	1	for	for	ADP
ejge-10225	237	2	instance	instance	NOUN
ejge-10225	237	3	,	,	PUNCT
ejge-10225	237	4	chen	chen	PROPN
ejge-10225	237	5	et	et	PROPN
ejge-10225	237	6	al	al	PROPN
ejge-10225	237	7	.	.	PROPN
ejge-10225	238	1	(	(	PUNCT
ejge-10225	238	2	2017	2017	NUM
ejge-10225	238	3	)	)	PUNCT
ejge-10225	238	4	looked	look	VERB
ejge-10225	238	5	at	at	ADP
ejge-10225	238	6	how	how	SCONJ
ejge-10225	238	7	investor	investor	NOUN
ejge-10225	238	8	sentiment	sentiment	NOUN
ejge-10225	238	9	affected	affect	VERB
ejge-10225	238	10	the	the	DET
ejge-10225	238	11	performance	performance	NOUN
ejge-10225	238	12	of	of	ADP
ejge-10225	238	13	national	national	PROPN
ejge-10225	238	14	etfs	etfs	PROPN
ejge-10225	238	15	in	in	ADP
ejge-10225	238	16	the	the	DET
ejge-10225	238	17	us	us	PROPN
ejge-10225	238	18	market	market	NOUN
ejge-10225	238	19	.	.	PUNCT
ejge-10225	239	1	higher	high	ADJ
ejge-10225	239	2	consumer	consumer	NOUN
ejge-10225	239	3	mood	mood	NOUN
ejge-10225	239	4	levels	level	NOUN
ejge-10225	239	5	were	be	AUX
ejge-10225	239	6	linked	link	VERB
ejge-10225	239	7	to	to	ADP
ejge-10225	239	8	better	well	ADJ
ejge-10225	239	9	etf	etf	NOUN
ejge-10225	239	10	performance	performance	NOUN
ejge-10225	239	11	,	,	PUNCT
ejge-10225	239	12	according	accord	VERB
ejge-10225	239	13	to	to	ADP
ejge-10225	239	14	the	the	DET
ejge-10225	239	15	authors	author	NOUN
ejge-10225	239	16	,	,	PUNCT
ejge-10225	239	17	especially	especially	ADV
ejge-10225	239	18	for	for	ADP
ejge-10225	239	19	etfs	etfs	NOUN
ejge-10225	239	20	that	that	PRON
ejge-10225	239	21	track	track	VERB
ejge-10225	239	22	industries	industry	NOUN
ejge-10225	239	23	that	that	PRON
ejge-10225	239	24	are	be	AUX
ejge-10225	239	25	vulnerable	vulnerable	ADJ
ejge-10225	239	26	to	to	ADP
ejge-10225	239	27	shifts	shift	NOUN
ejge-10225	239	28	in	in	ADP
ejge-10225	239	29	household	household	NOUN
ejge-10225	239	30	spending	spending	NOUN
ejge-10225	239	31	and	and	CCONJ
ejge-10225	239	32	the	the	DET
ejge-10225	239	33	state	state	NOUN
ejge-10225	239	34	of	of	ADP
ejge-10225	239	35	the	the	DET
ejge-10225	239	36	economy	economy	NOUN
ejge-10225	239	37	.	.	PUNCT
ejge-10225	240	1	this	this	PRON
ejge-10225	240	2	is	be	AUX
ejge-10225	240	3	in	in	ADP
ejge-10225	240	4	line	line	NOUN
ejge-10225	240	5	with	with	ADP
ejge-10225	240	6	the	the	DET
ejge-10225	240	7	behavioural	behavioural	ADJ
ejge-10225	240	8	finance	finance	NOUN
ejge-10225	240	9	viewpoint	viewpoint	NOUN
ejge-10225	240	10	,	,	PUNCT
ejge-10225	240	11	which	which	PRON
ejge-10225	240	12	contends	contend	VERB
ejge-10225	240	13	that	that	SCONJ
ejge-10225	240	14	rising	rise	VERB
ejge-10225	240	15	demand	demand	NOUN
ejge-10225	240	16	and	and	CCONJ
ejge-10225	240	17	inflows	inflow	NOUN
ejge-10225	240	18	into	into	ADP
ejge-10225	240	19	equity	equity	NOUN
ejge-10225	240	20	-	-	PUNCT
ejge-10225	240	21	based	base	VERB
ejge-10225	240	22	investment	investment	NOUN
ejge-10225	240	23	products	product	NOUN
ejge-10225	240	24	can	can	AUX
ejge-10225	240	25	be	be	AUX
ejge-10225	240	26	caused	cause	VERB
ejge-10225	240	27	by	by	ADP
ejge-10225	240	28	a	a	DET
ejge-10225	240	29	positive	positive	ADJ
ejge-10225	240	30	investor	investor	NOUN
ejge-10225	240	31	attitude	attitude	NOUN
ejge-10225	240	32	.	.	PUNCT
ejge-10225	241	1	studies	study	NOUN
ejge-10225	241	2	conducted	conduct	VERB
ejge-10225	241	3	in	in	ADP
ejge-10225	241	4	asian	asian	ADJ
ejge-10225	241	5	markets	market	NOUN
ejge-10225	241	6	have	have	AUX
ejge-10225	241	7	also	also	ADV
ejge-10225	241	8	demonstrated	demonstrate	VERB
ejge-10225	241	9	the	the	DET
ejge-10225	241	10	importance	importance	NOUN
ejge-10225	241	11	of	of	ADP
ejge-10225	241	12	investor	investor	NOUN
ejge-10225	241	13	emotion	emotion	NOUN
ejge-10225	241	14	in	in	ADP
ejge-10225	241	15	influencing	influence	VERB
ejge-10225	241	16	the	the	DET
ejge-10225	241	17	dynamics	dynamic	NOUN
ejge-10225	241	18	of	of	ADP
ejge-10225	241	19	exchange	exchange	NOUN
ejge-10225	241	20	-	-	PUNCT
ejge-10225	241	21	traded	trade	VERB
ejge-10225	241	22	funds	fund	NOUN
ejge-10225	241	23	.	.	PUNCT
ejge-10225	242	1	tseng	tseng	PROPN
ejge-10225	242	2	and	and	CCONJ
ejge-10225	242	3	lee	lee	PROPN
ejge-10225	242	4	(	(	PUNCT
ejge-10225	242	5	2016	2016	NUM
ejge-10225	242	6	)	)	PUNCT
ejge-10225	242	7	showed	show	VERB
ejge-10225	242	8	that	that	SCONJ
ejge-10225	242	9	trading	trading	NOUN
ejge-10225	242	10	volume	volume	NOUN
ejge-10225	242	11	and	and	CCONJ
ejge-10225	242	12	other	other	ADJ
ejge-10225	242	13	sentiment	sentiment	NOUN
ejge-10225	242	14	proxies	proxy	NOUN
ejge-10225	242	15	,	,	PUNCT
ejge-10225	242	16	which	which	PRON
ejge-10225	242	17	measure	measure	VERB
ejge-10225	242	18	investor	investor	NOUN
ejge-10225	242	19	sentiment	sentiment	NOUN
ejge-10225	242	20	,	,	PUNCT
ejge-10225	242	21	had	have	VERB
ejge-10225	242	22	a	a	DET
ejge-10225	242	23	significant	significant	ADJ
ejge-10225	242	24	effect	effect	NOUN
ejge-10225	242	25	on	on	ADP
ejge-10225	242	26	etf	etf	NOUN
ejge-10225	242	27	liquidity	liquidity	NOUN
ejge-10225	242	28	in	in	ADP
ejge-10225	242	29	their	their	PRON
ejge-10225	242	30	examination	examination	NOUN
ejge-10225	242	31	of	of	ADP
ejge-10225	242	32	the	the	DET
ejge-10225	242	33	asian	asian	ADJ
ejge-10225	242	34	etf	etf	NOUN
ejge-10225	242	35	market	market	NOUN
ejge-10225	242	36	.	.	PUNCT
ejge-10225	243	1	this	this	PRON
ejge-10225	243	2	implies	imply	VERB
ejge-10225	243	3	that	that	SCONJ
ejge-10225	243	4	,	,	PUNCT
ejge-10225	243	5	in	in	ADP
ejge-10225	243	6	the	the	DET
ejge-10225	243	7	asian	asian	ADJ
ejge-10225	243	8	setting	setting	NOUN
ejge-10225	243	9	,	,	PUNCT
ejge-10225	243	10	exchange	exchange	NOUN
ejge-10225	243	11	-	-	PUNCT
ejge-10225	243	12	traded	trade	VERB
ejge-10225	243	13	fund	fund	NOUN
ejge-10225	243	14	demand	demand	NOUN
ejge-10225	243	15	patterns	pattern	NOUN
ejge-10225	243	16	and	and	CCONJ
ejge-10225	243	17	pricing	pricing	NOUN
ejge-10225	243	18	dynamics	dynamic	NOUN
ejge-10225	243	19	may	may	AUX
ejge-10225	243	20	alter	alter	VERB
ejge-10225	243	21	in	in	ADP
ejge-10225	243	22	response	response	NOUN
ejge-10225	243	23	to	to	ADP
ejge-10225	243	24	shifts	shift	NOUN
ejge-10225	243	25	in	in	ADP
ejge-10225	243	26	investor	investor	NOUN
ejge-10225	243	27	mood	mood	NOUN
ejge-10225	243	28	and	and	CCONJ
ejge-10225	243	29	expectations	expectation	NOUN
ejge-10225	243	30	.	.	PUNCT
ejge-10225	244	1	on	on	ADP
ejge-10225	244	2	the	the	DET
ejge-10225	244	3	other	other	ADJ
ejge-10225	244	4	hand	hand	NOUN
ejge-10225	244	5	,	,	PUNCT
ejge-10225	244	6	the	the	DET
ejge-10225	244	7	euro	euro	PROPN
ejge-10225	244	8	area	area	NOUN
ejge-10225	244	9	analysis	analysis	NOUN
ejge-10225	244	10	is	be	AUX
ejge-10225	244	11	finding	find	VERB
ejge-10225	244	12	of	of	ADP
ejge-10225	244	13	a	a	DET
ejge-10225	244	14	relatively	relatively	ADV
ejge-10225	244	15	weak	weak	ADJ
ejge-10225	244	16	correlation	correlation	NOUN
ejge-10225	244	17	between	between	ADP
ejge-10225	244	18	consumer	consumer	NOUN
ejge-10225	244	19	confidence	confidence	NOUN
ejge-10225	244	20	and	and	CCONJ
ejge-10225	244	21	etf	etf	NOUN
ejge-10225	244	22	price	price	NOUN
ejge-10225	244	23	may	may	AUX
ejge-10225	244	24	point	point	VERB
ejge-10225	244	25	to	to	ADP
ejge-10225	244	26	a	a	DET
ejge-10225	244	27	more	more	ADV
ejge-10225	244	28	intricate	intricate	ADJ
ejge-10225	244	29	and	and	CCONJ
ejge-10225	244	30	varied	varied	ADJ
ejge-10225	244	31	set	set	NOUN
ejge-10225	244	32	of	of	ADP
ejge-10225	244	33	factors	factor	NOUN
ejge-10225	244	34	affecting	affect	VERB
ejge-10225	244	35	the	the	DET
ejge-10225	244	36	european	european	ADJ
ejge-10225	244	37	etf	etf	NOUN
ejge-10225	244	38	market	market	NOUN
ejge-10225	244	39	.	.	PUNCT
ejge-10225	245	1	as	as	SCONJ
ejge-10225	245	2	the	the	DET
ejge-10225	245	3	article	article	NOUN
ejge-10225	245	4	discusses	discuss	VERB
ejge-10225	245	5	,	,	PUNCT
ejge-10225	245	6	the	the	DET
ejge-10225	245	7	impact	impact	NOUN
ejge-10225	245	8	of	of	ADP
ejge-10225	245	9	investor	investor	NOUN
ejge-10225	245	10	mood	mood	NOUN
ejge-10225	245	11	alone	alone	ADJ
ejge-10225	245	12	on	on	ADP
ejge-10225	245	13	etf	etf	NOUN
ejge-10225	245	14	performance	performance	NOUN
ejge-10225	245	15	in	in	ADP
ejge-10225	245	16	the	the	DET
ejge-10225	245	17	eurozone	eurozone	NOUN
ejge-10225	245	18	is	be	AUX
ejge-10225	245	19	probably	probably	ADV
ejge-10225	245	20	not	not	PART
ejge-10225	245	21	as	as	ADV
ejge-10225	245	22	great	great	ADJ
ejge-10225	245	23	as	as	ADP
ejge-10225	245	24	that	that	PRON
ejge-10225	245	25	of	of	ADP
ejge-10225	245	26	macroeconomic	macroeconomic	ADJ
ejge-10225	245	27	conditions	condition	NOUN
ejge-10225	245	28	,	,	PUNCT
ejge-10225	245	29	regulatory	regulatory	ADJ
ejge-10225	245	30	changes	change	NOUN
ejge-10225	245	31	,	,	PUNCT
ejge-10225	245	32	and	and	CCONJ
ejge-10225	245	33	other	other	ADJ
ejge-10225	245	34	market	market	NOUN
ejge-10225	245	35	-	-	PUNCT
ejge-10225	245	36	specific	specific	ADJ
ejge-10225	245	37	developments	development	NOUN
ejge-10225	245	38	.	.	PUNCT
ejge-10225	246	1	these	these	DET
ejge-10225	246	2	inconsistent	inconsistent	ADJ
ejge-10225	246	3	results	result	NOUN
ejge-10225	246	4	across	across	ADP
ejge-10225	246	5	several	several	ADJ
ejge-10225	246	6	regional	regional	ADJ
ejge-10225	246	7	markets	market	NOUN
ejge-10225	246	8	highlight	highlight	VERB
ejge-10225	246	9	how	how	SCONJ
ejge-10225	246	10	crucial	crucial	ADJ
ejge-10225	246	11	it	it	PRON
ejge-10225	246	12	is	be	AUX
ejge-10225	246	13	to	to	PART
ejge-10225	246	14	take	take	VERB
ejge-10225	246	15	into	into	ADP
ejge-10225	246	16	account	account	NOUN
ejge-10225	246	17	the	the	DET
ejge-10225	246	18	distinctive	distinctive	ADJ
ejge-10225	246	19	traits	trait	NOUN
ejge-10225	246	20	and	and	CCONJ
ejge-10225	246	21	structural	structural	ADJ
ejge-10225	246	22	variations	variation	NOUN
ejge-10225	246	23	of	of	ADP
ejge-10225	246	24	every	every	DET
ejge-10225	246	25	financial	financial	ADJ
ejge-10225	246	26	ecosystem	ecosystem	NOUN
ejge-10225	246	27	when	when	SCONJ
ejge-10225	246	28	evaluating	evaluate	VERB
ejge-10225	246	29	the	the	DET
ejge-10225	246	30	factors	factor	NOUN
ejge-10225	246	31	that	that	PRON
ejge-10225	246	32	influence	influence	VERB
ejge-10225	246	33	etf	etf	NOUN
ejge-10225	246	34	pricing	pricing	NOUN
ejge-10225	246	35	.	.	PUNCT
ejge-10225	247	1	the	the	DET
ejge-10225	247	2	variable	variable	ADJ
ejge-10225	247	3	degree	degree	NOUN
ejge-10225	247	4	and	and	CCONJ
ejge-10225	247	5	nature	nature	NOUN
ejge-10225	247	6	of	of	ADP
ejge-10225	247	7	the	the	DET
ejge-10225	247	8	relationship	relationship	NOUN
ejge-10225	247	9	between	between	ADP
ejge-10225	247	10	consumer	consumer	NOUN
ejge-10225	247	11	confidence	confidence	NOUN
ejge-10225	247	12	and	and	CCONJ
ejge-10225	247	13	etf	etf	NOUN
ejge-10225	247	14	performance	performance	NOUN
ejge-10225	247	15	can	can	AUX
ejge-10225	247	16	be	be	AUX
ejge-10225	247	17	attributed	attribute	VERB
ejge-10225	247	18	to	to	ADP
ejge-10225	247	19	various	various	ADJ
ejge-10225	247	20	factors	factor	NOUN
ejge-10225	247	21	,	,	PUNCT
ejge-10225	247	22	including	include	VERB
ejge-10225	247	23	the	the	DET
ejge-10225	247	24	age	age	NOUN
ejge-10225	247	25	of	of	ADP
ejge-10225	247	26	the	the	DET
ejge-10225	247	27	etf	etf	NOUN
ejge-10225	247	28	market	market	NOUN
ejge-10225	247	29	,	,	PUNCT
ejge-10225	247	30	the	the	DET
ejge-10225	247	31	makeup	makeup	NOUN
ejge-10225	247	32	and	and	CCONJ
ejge-10225	247	33	diversity	diversity	NOUN
ejge-10225	247	34	of	of	ADP
ejge-10225	247	35	the	the	DET
ejge-10225	247	36	investor	investor	NOUN
ejge-10225	247	37	base	base	NOUN
ejge-10225	247	38	,	,	PUNCT
ejge-10225	247	39	and	and	CCONJ
ejge-10225	247	40	the	the	DET
ejge-10225	247	41	general	general	ADJ
ejge-10225	247	42	economic	economic	ADJ
ejge-10225	247	43	and	and	CCONJ
ejge-10225	247	44	political	political	ADJ
ejge-10225	247	45	situation	situation	NOUN
ejge-10225	247	46	(	(	PUNCT
ejge-10225	247	47	lin	lin	PROPN
ejge-10225	247	48	,	,	PUNCT
ejge-10225	247	49	2015	2015	NUM
ejge-10225	247	50	)	)	PUNCT
ejge-10225	247	51	.	.	PUNCT
ejge-10225	248	1	the	the	DET
ejge-10225	248	2	results	result	NOUN
ejge-10225	248	3	of	of	ADP
ejge-10225	248	4	this	this	DET
ejge-10225	248	5	study	study	NOUN
ejge-10225	248	6	provide	provide	VERB
ejge-10225	248	7	valuable	valuable	ADJ
ejge-10225	248	8	insights	insight	NOUN
ejge-10225	248	9	into	into	ADP
ejge-10225	248	10	the	the	DET
ejge-10225	248	11	relationship	relationship	NOUN
ejge-10225	248	12	between	between	ADP
ejge-10225	248	13	investor	investor	NOUN
ejge-10225	248	14	sentiment	sentiment	NOUN
ejge-10225	248	15	,	,	PUNCT
ejge-10225	248	16	specifically	specifically	ADV
ejge-10225	248	17	measured	measure	VERB
ejge-10225	248	18	as	as	ADP
ejge-10225	248	19	cci	cci	PROPN
ejge-10225	248	20	,	,	PUNCT
ejge-10225	248	21	and	and	CCONJ
ejge-10225	248	22	the	the	DET
ejge-10225	248	23	european	european	ADJ
ejge-10225	248	24	etf	etf	NOUN
ejge-10225	248	25	market	market	NOUN
ejge-10225	248	26	.	.	PUNCT
ejge-10225	249	1	the	the	DET
ejge-10225	249	2	analysis	analysis	NOUN
ejge-10225	249	3	employed	employ	VERB
ejge-10225	249	4	panel	panel	NOUN
ejge-10225	249	5	data	data	NOUN
ejge-10225	249	6	techniques	technique	NOUN
ejge-10225	249	7	and	and	CCONJ
ejge-10225	249	8	other	other	ADJ
ejge-10225	249	9	methods	method	NOUN
ejge-10225	249	10	to	to	PART
ejge-10225	249	11	investigate	investigate	VERB
ejge-10225	249	12	the	the	DET
ejge-10225	249	13	relationship	relationship	NOUN
ejge-10225	249	14	between	between	ADP
ejge-10225	249	15	etfs	etfs	PROPN
ejge-10225	249	16	and	and	CCONJ
ejge-10225	249	17	the	the	DET
ejge-10225	249	18	cci	cci	PROPN
ejge-10225	249	19	.	.	PUNCT
ejge-10225	250	1	the	the	DET
ejge-10225	250	2	results	result	NOUN
ejge-10225	250	3	indicate	indicate	VERB
ejge-10225	250	4	that	that	SCONJ
ejge-10225	250	5	consumer	consumer	NOUN
ejge-10225	250	6	confidence	confidence	NOUN
ejge-10225	250	7	has	have	VERB
ejge-10225	250	8	a	a	DET
ejge-10225	250	9	significant	significant	ADJ
ejge-10225	250	10	negative	negative	ADJ
ejge-10225	250	11	impact	impact	NOUN
ejge-10225	250	12	on	on	ADP
ejge-10225	250	13	etf	etf	NOUN
ejge-10225	250	14	pricing	pricing	NOUN
ejge-10225	250	15	,	,	PUNCT
ejge-10225	250	16	suggesting	suggest	VERB
ejge-10225	250	17	that	that	SCONJ
ejge-10225	250	18	as	as	SCONJ
ejge-10225	250	19	consumer	consumer	NOUN
ejge-10225	250	20	confidence	confidence	NOUN
ejge-10225	250	21	decreases	decrease	VERB
ejge-10225	250	22	,	,	PUNCT
ejge-10225	250	23	etf	etf	NOUN
ejge-10225	250	24	prices	price	NOUN
ejge-10225	250	25	tend	tend	VERB
ejge-10225	250	26	to	to	PART
ejge-10225	250	27	decline	decline	VERB
ejge-10225	250	28	.	.	PUNCT
ejge-10225	251	1	however	however	ADV
ejge-10225	251	2	,	,	PUNCT
ejge-10225	251	3	it	it	PRON
ejge-10225	251	4	is	be	AUX
ejge-10225	251	5	important	important	ADJ
ejge-10225	251	6	to	to	PART
ejge-10225	251	7	note	note	VERB
ejge-10225	251	8	that	that	SCONJ
ejge-10225	251	9	the	the	DET
ejge-10225	251	10	influence	influence	NOUN
ejge-10225	251	11	of	of	ADP
ejge-10225	251	12	consumer	consumer	NOUN
ejge-10225	251	13	confidence	confidence	NOUN
ejge-10225	251	14	on	on	ADP
ejge-10225	251	15	etf	etf	NOUN
ejge-10225	251	16	pricing	pricing	NOUN
ejge-10225	251	17	explains	explain	VERB
ejge-10225	251	18	only	only	ADV
ejge-10225	251	19	a	a	DET
ejge-10225	251	20	small	small	ADJ
ejge-10225	251	21	portion	portion	NOUN
ejge-10225	251	22	of	of	ADP
ejge-10225	251	23	the	the	DET
ejge-10225	251	24	overall	overall	ADJ
ejge-10225	251	25	variation	variation	NOUN
ejge-10225	251	26	.	.	PUNCT
ejge-10225	252	1	this	this	PRON
ejge-10225	252	2	implies	imply	VERB
ejge-10225	252	3	that	that	SCONJ
ejge-10225	252	4	while	while	SCONJ
ejge-10225	252	5	consumer	consumer	NOUN
ejge-10225	252	6	confidence	confidence	NOUN
ejge-10225	252	7	plays	play	VERB
ejge-10225	252	8	a	a	DET
ejge-10225	252	9	role	role	NOUN
ejge-10225	252	10	in	in	ADP
ejge-10225	252	11	shaping	shape	VERB
ejge-10225	252	12	etf	etf	NOUN
ejge-10225	252	13	prices	price	NOUN
ejge-10225	252	14	,	,	PUNCT
ejge-10225	252	15	it	it	PRON
ejge-10225	252	16	is	be	AUX
ejge-10225	252	17	not	not	PART
ejge-10225	252	18	the	the	DET
ejge-10225	252	19	sole	sole	ADJ
ejge-10225	252	20	determinant	determinant	NOUN
ejge-10225	252	21	of	of	ADP
ejge-10225	252	22	their	their	PRON
ejge-10225	252	23	movement	movement	NOUN
ejge-10225	252	24	.	.	PUNCT
ejge-10225	253	1	the	the	DET
ejge-10225	253	2	study	study	NOUN
ejge-10225	253	3	reveals	reveal	VERB
ejge-10225	253	4	a	a	DET
ejge-10225	253	5	weak	weak	ADJ
ejge-10225	253	6	positive	positive	ADJ
ejge-10225	253	7	correlation	correlation	NOUN
ejge-10225	253	8	and	and	CCONJ
ejge-10225	253	9	regression	regression	NOUN
ejge-10225	253	10	relationship	relationship	NOUN
ejge-10225	253	11	between	between	ADP
ejge-10225	253	12	ishares	ishares	PROPN
ejge-10225	253	13	msci	msci	PROPN
ejge-10225	253	14	eurozone	eurozone	NOUN
ejge-10225	253	15	etf	etf	NOUN
ejge-10225	253	16	prices	price	NOUN
ejge-10225	253	17	and	and	CCONJ
ejge-10225	253	18	the	the	DET
ejge-10225	253	19	cci	cci	PROPN
ejge-10225	253	20	ea19	ea19	PROPN
ejge-10225	253	21	.	.	PUNCT
ejge-10225	254	1	this	this	PRON
ejge-10225	254	2	suggests	suggest	VERB
ejge-10225	254	3	that	that	SCONJ
ejge-10225	254	4	there	there	PRON
ejge-10225	254	5	is	be	VERB
ejge-10225	254	6	a	a	DET
ejge-10225	254	7	certain	certain	ADJ
ejge-10225	254	8	degree	degree	NOUN
ejge-10225	254	9	of	of	ADP
ejge-10225	254	10	association	association	NOUN
ejge-10225	254	11	between	between	ADP
ejge-10225	254	12	the	the	DET
ejge-10225	254	13	two	two	NUM
ejge-10225	254	14	variables	variable	NOUN
ejge-10225	254	15	,	,	PUNCT
ejge-10225	254	16	indicating	indicate	VERB
ejge-10225	254	17	that	that	SCONJ
ejge-10225	254	18	as	as	SCONJ
ejge-10225	254	19	consumer	consumer	NOUN
ejge-10225	254	20	confidence	confidence	NOUN
ejge-10225	254	21	improves	improve	VERB
ejge-10225	254	22	,	,	PUNCT
ejge-10225	254	23	there	there	PRON
ejge-10225	254	24	is	be	VERB
ejge-10225	254	25	a	a	DET
ejge-10225	254	26	tendency	tendency	NOUN
ejge-10225	254	27	for	for	SCONJ
ejge-10225	254	28	eurozone	eurozone	NOUN
ejge-10225	254	29	etf	etf	NOUN
ejge-10225	254	30	prices	price	NOUN
ejge-10225	254	31	to	to	PART
ejge-10225	254	32	increase	increase	VERB
ejge-10225	254	33	.	.	PUNCT
ejge-10225	255	1	although	although	SCONJ
ejge-10225	255	2	the	the	DET
ejge-10225	255	3	analysis	analysis	NOUN
ejge-10225	255	4	did	do	AUX
ejge-10225	255	5	not	not	PART
ejge-10225	255	6	find	find	VERB
ejge-10225	255	7	evidence	evidence	NOUN
ejge-10225	255	8	of	of	ADP
ejge-10225	255	9	a	a	DET
ejge-10225	255	10	causal	causal	ADJ
ejge-10225	255	11	relationship	relationship	NOUN
ejge-10225	255	12	between	between	ADP
ejge-10225	255	13	the	the	DET
ejge-10225	255	14	cci	cci	PROPN
ejge-10225	255	15	and	and	CCONJ
ejge-10225	255	16	etf	etf	NOUN
ejge-10225	255	17	prices	price	NOUN
ejge-10225	255	18	,	,	PUNCT
ejge-10225	255	19	the	the	DET
ejge-10225	255	20	granger	granger	PROPN
ejge-10225	255	21	causality	causality	PROPN
ejge-10225	255	22	test	test	NOUN
ejge-10225	255	23	did	do	AUX
ejge-10225	255	24	not	not	PART
ejge-10225	255	25	provide	provide	VERB
ejge-10225	255	26	significant	significant	ADJ
ejge-10225	255	27	results	result	NOUN
ejge-10225	255	28	.	.	PUNCT
ejge-10225	256	1	this	this	PRON
ejge-10225	256	2	reveals	reveal	VERB
ejge-10225	256	3	that	that	SCONJ
ejge-10225	256	4	there	there	PRON
ejge-10225	256	5	are	be	VERB
ejge-10225	256	6	other	other	ADJ
ejge-10225	256	7	factors	factor	NOUN
ejge-10225	256	8	at	at	ADP
ejge-10225	256	9	play	play	NOUN
ejge-10225	256	10	that	that	DET
ejge-10225	256	11	impact	impact	NOUN
ejge-10225	256	12	etf	etf	NOUN
ejge-10225	256	13	prices	price	NOUN
ejge-10225	256	14	beyond	beyond	ADP
ejge-10225	256	15	the	the	DET
ejge-10225	256	16	influence	influence	NOUN
ejge-10225	256	17	of	of	ADP
ejge-10225	256	18	consumer	consumer	NOUN
ejge-10225	256	19	confidence	confidence	NOUN
ejge-10225	256	20	.	.	PUNCT
ejge-10225	257	1	5	5	X
ejge-10225	257	2	.	.	X
ejge-10225	257	3	discussion	discussion	NOUN
ejge-10225	257	4	the	the	DET
ejge-10225	257	5	reviewed	review	VERB
ejge-10225	257	6	studies	study	NOUN
ejge-10225	257	7	examine	examine	VERB
ejge-10225	257	8	this	this	DET
ejge-10225	257	9	relationship	relationship	NOUN
ejge-10225	257	10	from	from	ADP
ejge-10225	257	11	a	a	DET
ejge-10225	257	12	number	number	NOUN
ejge-10225	257	13	of	of	ADP
ejge-10225	257	14	angles	angle	NOUN
ejge-10225	257	15	,	,	PUNCT
ejge-10225	257	16	such	such	ADJ
ejge-10225	257	17	as	as	ADP
ejge-10225	257	18	the	the	DET
ejge-10225	257	19	impact	impact	NOUN
ejge-10225	257	20	of	of	ADP
ejge-10225	257	21	macroeconomic	macroeconomic	ADJ
ejge-10225	257	22	variables	variable	NOUN
ejge-10225	257	23	,	,	PUNCT
ejge-10225	257	24	the	the	DET
ejge-10225	257	25	dynamics	dynamic	NOUN
ejge-10225	257	26	within	within	ADP
ejge-10225	257	27	particular	particular	ADJ
ejge-10225	257	28	market	market	NOUN
ejge-10225	257	29	sectors	sector	NOUN
ejge-10225	257	30	and	and	CCONJ
ejge-10225	257	31	geographical	geographical	ADJ
ejge-10225	257	32	areas	area	NOUN
ejge-10225	257	33	,	,	PUNCT
ejge-10225	257	34	178	178	NUM
ejge-10225	257	35	pavlo	pavlo	NOUN
ejge-10225	257	36	dziuba	dziuba	PROPN
ejge-10225	257	37	et	et	PROPN
ejge-10225	257	38	al	al	PROPN
ejge-10225	257	39	.	.	PROPN
ejge-10225	258	1	and	and	CCONJ
ejge-10225	258	2	the	the	DET
ejge-10225	258	3	feelings	feeling	NOUN
ejge-10225	258	4	of	of	ADP
ejge-10225	258	5	foreign	foreign	ADJ
ejge-10225	258	6	,	,	PUNCT
ejge-10225	258	7	domestic	domestic	ADJ
ejge-10225	258	8	,	,	PUNCT
ejge-10225	258	9	and	and	CCONJ
ejge-10225	258	10	global	global	ADJ
ejge-10225	258	11	investors	investor	NOUN
ejge-10225	258	12	.	.	PUNCT
ejge-10225	259	1	these	these	DET
ejge-10225	259	2	results	result	NOUN
ejge-10225	259	3	emphasise	emphasise	VERB
ejge-10225	259	4	how	how	SCONJ
ejge-10225	259	5	complex	complex	ADJ
ejge-10225	259	6	the	the	DET
ejge-10225	259	7	relationship	relationship	NOUN
ejge-10225	259	8	between	between	ADP
ejge-10225	259	9	sentiment	sentiment	NOUN
ejge-10225	259	10	and	and	CCONJ
ejge-10225	259	11	etf	etf	NOUN
ejge-10225	259	12	return	return	NOUN
ejge-10225	259	13	is	be	AUX
ejge-10225	259	14	and	and	CCONJ
ejge-10225	259	15	how	how	SCONJ
ejge-10225	259	16	crucial	crucial	ADJ
ejge-10225	259	17	it	it	PRON
ejge-10225	259	18	is	be	AUX
ejge-10225	259	19	to	to	PART
ejge-10225	259	20	take	take	VERB
ejge-10225	259	21	a	a	DET
ejge-10225	259	22	variety	variety	NOUN
ejge-10225	259	23	of	of	ADP
ejge-10225	259	24	factors	factor	NOUN
ejge-10225	259	25	into	into	ADP
ejge-10225	259	26	account	account	NOUN
ejge-10225	259	27	when	when	SCONJ
ejge-10225	259	28	examining	examine	VERB
ejge-10225	259	29	the	the	DET
ejge-10225	259	30	pricing	pricing	NOUN
ejge-10225	259	31	and	and	CCONJ
ejge-10225	259	32	performance	performance	NOUN
ejge-10225	259	33	of	of	ADP
ejge-10225	259	34	etfs	etfs	PROPN
ejge-10225	259	35	.	.	PUNCT
ejge-10225	260	1	in	in	ADP
ejge-10225	260	2	the	the	DET
ejge-10225	260	3	following	follow	VERB
ejge-10225	260	4	discussion	discussion	NOUN
ejge-10225	260	5	,	,	PUNCT
ejge-10225	260	6	the	the	DET
ejge-10225	260	7	authors	author	NOUN
ejge-10225	260	8	will	will	AUX
ejge-10225	260	9	summarise	summarise	VERB
ejge-10225	260	10	the	the	DET
ejge-10225	260	11	most	most	ADV
ejge-10225	260	12	important	important	ADJ
ejge-10225	260	13	takeaways	takeaway	NOUN
ejge-10225	260	14	from	from	ADP
ejge-10225	260	15	the	the	DET
ejge-10225	260	16	literature	literature	NOUN
ejge-10225	260	17	,	,	PUNCT
ejge-10225	260	18	point	point	VERB
ejge-10225	260	19	out	out	ADP
ejge-10225	260	20	areas	area	NOUN
ejge-10225	260	21	where	where	SCONJ
ejge-10225	260	22	research	research	NOUN
ejge-10225	260	23	has	have	AUX
ejge-10225	260	24	converged	converge	VERB
ejge-10225	260	25	and	and	CCONJ
ejge-10225	260	26	diverged	diverge	VERB
ejge-10225	260	27	,	,	PUNCT
ejge-10225	260	28	and	and	CCONJ
ejge-10225	260	29	go	go	VERB
ejge-10225	260	30	over	over	ADP
ejge-10225	260	31	the	the	DET
ejge-10225	260	32	practical	practical	ADJ
ejge-10225	260	33	ramifications	ramification	NOUN
ejge-10225	260	34	for	for	ADP
ejge-10225	260	35	traders	trader	NOUN
ejge-10225	260	36	and	and	CCONJ
ejge-10225	260	37	investors	investor	NOUN
ejge-10225	260	38	who	who	PRON
ejge-10225	260	39	want	want	VERB
ejge-10225	260	40	to	to	PART
ejge-10225	260	41	use	use	VERB
ejge-10225	260	42	sentiment	sentiment	NOUN
ejge-10225	260	43	analysis	analysis	NOUN
ejge-10225	260	44	in	in	ADP
ejge-10225	260	45	their	their	PRON
ejge-10225	260	46	etf	etf	NOUN
ejge-10225	260	47	investment	investment	NOUN
ejge-10225	260	48	strategy	strategy	NOUN
ejge-10225	260	49	.	.	PUNCT
ejge-10225	261	1	the	the	DET
ejge-10225	261	2	paper	paper	NOUN
ejge-10225	261	3	by	by	ADP
ejge-10225	261	4	yakubovskiy	yakubovskiy	PROPN
ejge-10225	261	5	et	et	PROPN
ejge-10225	261	6	al	al	PROPN
ejge-10225	261	7	.	.	PROPN
ejge-10225	262	1	(	(	PUNCT
ejge-10225	262	2	2020	2020	NUM
ejge-10225	262	3	)	)	PUNCT
ejge-10225	262	4	supports	support	VERB
ejge-10225	262	5	the	the	DET
ejge-10225	262	6	idea	idea	NOUN
ejge-10225	262	7	that	that	SCONJ
ejge-10225	262	8	the	the	DET
ejge-10225	262	9	us	us	PROPN
ejge-10225	262	10	financial	financial	ADJ
ejge-10225	262	11	markets	market	NOUN
ejge-10225	262	12	have	have	AUX
ejge-10225	262	13	a	a	DET
ejge-10225	262	14	significant	significant	ADJ
ejge-10225	262	15	impact	impact	NOUN
ejge-10225	262	16	on	on	ADP
ejge-10225	262	17	the	the	DET
ejge-10225	262	18	global	global	ADJ
ejge-10225	262	19	financial	financial	ADJ
ejge-10225	262	20	environment	environment	NOUN
ejge-10225	262	21	.	.	PUNCT
ejge-10225	263	1	for	for	ADP
ejge-10225	263	2	instance	instance	NOUN
ejge-10225	263	3	,	,	PUNCT
ejge-10225	263	4	the	the	DET
ejge-10225	263	5	researchers	researcher	NOUN
ejge-10225	263	6	argue	argue	VERB
ejge-10225	263	7	that	that	SCONJ
ejge-10225	263	8	outward	outward	VERB
ejge-10225	263	9	investments	investment	NOUN
ejge-10225	263	10	from	from	ADP
ejge-10225	263	11	the	the	DET
ejge-10225	263	12	usa	usa	NOUN
ejge-10225	263	13	are	be	AUX
ejge-10225	263	14	more	more	ADV
ejge-10225	263	15	profitable	profitable	ADJ
ejge-10225	263	16	for	for	ADP
ejge-10225	263	17	us	us	PROPN
ejge-10225	263	18	investors	investor	NOUN
ejge-10225	263	19	than	than	ADP
ejge-10225	263	20	the	the	DET
ejge-10225	263	21	profitability	profitability	NOUN
ejge-10225	263	22	of	of	ADP
ejge-10225	263	23	inward	inward	ADJ
ejge-10225	263	24	investments	investment	NOUN
ejge-10225	263	25	in	in	ADP
ejge-10225	263	26	the	the	DET
ejge-10225	263	27	usa	usa	PROPN
ejge-10225	263	28	for	for	ADP
ejge-10225	263	29	foreign	foreign	ADJ
ejge-10225	263	30	investors	investor	NOUN
ejge-10225	263	31	.	.	PUNCT
ejge-10225	264	1	the	the	DET
ejge-10225	264	2	paper	paper	NOUN
ejge-10225	264	3	by	by	ADP
ejge-10225	264	4	dziuba	dziuba	PROPN
ejge-10225	264	5	et	et	PROPN
ejge-10225	264	6	al	al	PROPN
ejge-10225	264	7	.	.	PROPN
ejge-10225	265	1	(	(	PUNCT
ejge-10225	265	2	2022	2022	NUM
ejge-10225	265	3	)	)	PUNCT
ejge-10225	265	4	discusses	discuss	VERB
ejge-10225	265	5	the	the	DET
ejge-10225	265	6	relationship	relationship	NOUN
ejge-10225	265	7	between	between	ADP
ejge-10225	265	8	levels	level	NOUN
ejge-10225	265	9	of	of	ADP
ejge-10225	265	10	international	international	ADJ
ejge-10225	265	11	diversification	diversification	NOUN
ejge-10225	265	12	and	and	CCONJ
ejge-10225	265	13	the	the	DET
ejge-10225	265	14	risk	risk	NOUN
ejge-10225	265	15	/	/	SYM
ejge-10225	265	16	return	return	NOUN
ejge-10225	265	17	ratio	ratio	NOUN
ejge-10225	265	18	.	.	PUNCT
ejge-10225	266	1	the	the	DET
ejge-10225	266	2	authors	author	NOUN
ejge-10225	266	3	conclude	conclude	VERB
ejge-10225	266	4	that	that	SCONJ
ejge-10225	266	5	a	a	DET
ejge-10225	266	6	higher	high	ADJ
ejge-10225	266	7	level	level	NOUN
ejge-10225	266	8	of	of	ADP
ejge-10225	266	9	international	international	ADJ
ejge-10225	266	10	diversification	diversification	NOUN
ejge-10225	266	11	in	in	ADP
ejge-10225	266	12	a	a	DET
ejge-10225	266	13	specific	specific	ADJ
ejge-10225	266	14	market	market	NOUN
ejge-10225	266	15	does	do	AUX
ejge-10225	266	16	not	not	PART
ejge-10225	266	17	imply	imply	VERB
ejge-10225	266	18	a	a	DET
ejge-10225	266	19	higher	high	ADJ
ejge-10225	266	20	return	return	NOUN
ejge-10225	266	21	on	on	ADP
ejge-10225	266	22	investment	investment	NOUN
ejge-10225	266	23	.	.	PUNCT
ejge-10225	267	1	the	the	DET
ejge-10225	267	2	scientists	scientist	NOUN
ejge-10225	267	3	argue	argue	VERB
ejge-10225	267	4	that	that	SCONJ
ejge-10225	267	5	the	the	DET
ejge-10225	267	6	most	most	ADV
ejge-10225	267	7	effective	effective	ADJ
ejge-10225	267	8	risk	risk	NOUN
ejge-10225	267	9	-	-	PUNCT
ejge-10225	267	10	return	return	NOUN
ejge-10225	267	11	ratio	ratio	NOUN
ejge-10225	267	12	can	can	AUX
ejge-10225	267	13	be	be	AUX
ejge-10225	267	14	found	find	VERB
ejge-10225	267	15	in	in	ADP
ejge-10225	267	16	markets	market	NOUN
ejge-10225	267	17	with	with	ADP
ejge-10225	267	18	an	an	DET
ejge-10225	267	19	average	average	ADJ
ejge-10225	267	20	level	level	NOUN
ejge-10225	267	21	of	of	ADP
ejge-10225	267	22	international	international	ADJ
ejge-10225	267	23	diversification	diversification	NOUN
ejge-10225	267	24	.	.	PUNCT
ejge-10225	268	1	therefore	therefore	ADV
ejge-10225	268	2	,	,	PUNCT
ejge-10225	268	3	there	there	PRON
ejge-10225	268	4	is	be	VERB
ejge-10225	268	5	more	more	ADJ
ejge-10225	268	6	evidence	evidence	NOUN
ejge-10225	268	7	in	in	ADP
ejge-10225	268	8	support	support	NOUN
ejge-10225	268	9	of	of	ADP
ejge-10225	268	10	the	the	DET
ejge-10225	268	11	idea	idea	NOUN
ejge-10225	268	12	that	that	SCONJ
ejge-10225	268	13	the	the	DET
ejge-10225	268	14	international	international	ADJ
ejge-10225	268	15	nature	nature	NOUN
ejge-10225	268	16	of	of	ADP
ejge-10225	268	17	etfs	etfs	PROPN
ejge-10225	268	18	may	may	AUX
ejge-10225	268	19	imply	imply	VERB
ejge-10225	268	20	a	a	DET
ejge-10225	268	21	low	low	ADJ
ejge-10225	268	22	correlation	correlation	NOUN
ejge-10225	268	23	between	between	ADP
ejge-10225	268	24	etfs	etfs	PROPN
ejge-10225	268	25	and	and	CCONJ
ejge-10225	268	26	local	local	ADJ
ejge-10225	268	27	impact	impact	NOUN
ejge-10225	268	28	factors	factor	NOUN
ejge-10225	268	29	,	,	PUNCT
ejge-10225	268	30	such	such	ADJ
ejge-10225	268	31	as	as	ADP
ejge-10225	268	32	the	the	DET
ejge-10225	268	33	consumer	consumer	NOUN
ejge-10225	268	34	confidence	confidence	NOUN
ejge-10225	268	35	of	of	ADP
ejge-10225	268	36	local	local	ADJ
ejge-10225	268	37	investors	investor	NOUN
ejge-10225	268	38	.	.	PUNCT
ejge-10225	269	1	zadoia	zadoia	PROPN
ejge-10225	269	2	et	et	PROPN
ejge-10225	269	3	al	al	PROPN
ejge-10225	269	4	.	.	PROPN
ejge-10225	270	1	(	(	PUNCT
ejge-10225	270	2	2022	2022	NUM
ejge-10225	270	3	)	)	PUNCT
ejge-10225	270	4	investigate	investigate	VERB
ejge-10225	270	5	the	the	DET
ejge-10225	270	6	topic	topic	NOUN
ejge-10225	270	7	of	of	ADP
ejge-10225	270	8	market	market	NOUN
ejge-10225	270	9	convergence	convergence	NOUN
ejge-10225	270	10	within	within	ADP
ejge-10225	270	11	the	the	DET
ejge-10225	270	12	eu	eu	PROPN
ejge-10225	270	13	environment	environment	NOUN
ejge-10225	270	14	.	.	PUNCT
ejge-10225	271	1	the	the	DET
ejge-10225	271	2	researchers	researcher	NOUN
ejge-10225	271	3	argue	argue	VERB
ejge-10225	271	4	that	that	SCONJ
ejge-10225	271	5	,	,	PUNCT
ejge-10225	271	6	in	in	ADP
ejge-10225	271	7	some	some	DET
ejge-10225	271	8	cases	case	NOUN
ejge-10225	271	9	,	,	PUNCT
ejge-10225	271	10	several	several	ADJ
ejge-10225	271	11	eu	eu	PROPN
ejge-10225	271	12	markets	market	NOUN
ejge-10225	271	13	fall	fall	VERB
ejge-10225	271	14	behind	behind	ADP
ejge-10225	271	15	their	their	PRON
ejge-10225	271	16	european	european	ADJ
ejge-10225	271	17	partners	partner	NOUN
ejge-10225	271	18	in	in	ADP
ejge-10225	271	19	terms	term	NOUN
ejge-10225	271	20	of	of	ADP
ejge-10225	271	21	economic	economic	ADJ
ejge-10225	271	22	development	development	NOUN
ejge-10225	271	23	.	.	PUNCT
ejge-10225	272	1	for	for	ADP
ejge-10225	272	2	instance	instance	NOUN
ejge-10225	272	3	,	,	PUNCT
ejge-10225	272	4	the	the	DET
ejge-10225	272	5	authors	author	NOUN
ejge-10225	272	6	found	find	VERB
ejge-10225	272	7	significant	significant	ADJ
ejge-10225	272	8	discrepancies	discrepancy	NOUN
ejge-10225	272	9	between	between	ADP
ejge-10225	272	10	the	the	DET
ejge-10225	272	11	euro	euro	NOUN
ejge-10225	272	12	’s	’s	PART
ejge-10225	272	13	real	real	ADJ
ejge-10225	272	14	purchasing	purchasing	NOUN
ejge-10225	272	15	power	power	NOUN
ejge-10225	272	16	and	and	CCONJ
ejge-10225	272	17	that	that	PRON
ejge-10225	272	18	of	of	ADP
ejge-10225	272	19	eu	eu	PROPN
ejge-10225	272	20	countries	country	NOUN
ejge-10225	272	21	.	.	PUNCT
ejge-10225	273	1	therefore	therefore	ADV
ejge-10225	273	2	,	,	PUNCT
ejge-10225	273	3	aggregate	aggregate	ADJ
ejge-10225	273	4	consumer	consumer	NOUN
ejge-10225	273	5	confidence	confidence	NOUN
ejge-10225	273	6	across	across	ADP
ejge-10225	273	7	eu	eu	PROPN
ejge-10225	273	8	markets	market	NOUN
ejge-10225	273	9	may	may	AUX
ejge-10225	273	10	lead	lead	VERB
ejge-10225	273	11	to	to	ADP
ejge-10225	273	12	misleading	mislead	VERB
ejge-10225	273	13	results	result	NOUN
ejge-10225	273	14	.	.	PUNCT
ejge-10225	274	1	chen	chen	PROPN
ejge-10225	274	2	et	et	PROPN
ejge-10225	274	3	al	al	PROPN
ejge-10225	274	4	.	.	PROPN
ejge-10225	275	1	(	(	PUNCT
ejge-10225	275	2	2017	2017	NUM
ejge-10225	275	3	)	)	PUNCT
ejge-10225	275	4	provide	provide	VERB
ejge-10225	275	5	valuable	valuable	ADJ
ejge-10225	275	6	insights	insight	NOUN
ejge-10225	275	7	into	into	ADP
ejge-10225	275	8	the	the	DET
ejge-10225	275	9	relationship	relationship	NOUN
ejge-10225	275	10	between	between	ADP
ejge-10225	275	11	investor	investor	NOUN
ejge-10225	275	12	sentiments	sentiment	NOUN
ejge-10225	275	13	,	,	PUNCT
ejge-10225	275	14	economic	economic	ADJ
ejge-10225	275	15	freedom	freedom	NOUN
ejge-10225	275	16	,	,	PUNCT
ejge-10225	275	17	and	and	CCONJ
ejge-10225	275	18	the	the	DET
ejge-10225	275	19	returns	return	NOUN
ejge-10225	275	20	of	of	ADP
ejge-10225	275	21	country	country	NOUN
ejge-10225	275	22	-	-	PUNCT
ejge-10225	275	23	specific	specific	ADJ
ejge-10225	275	24	exchange	exchange	NOUN
ejge-10225	275	25	-	-	PUNCT
ejge-10225	275	26	traded	trade	VERB
ejge-10225	275	27	funds	fund	NOUN
ejge-10225	275	28	.	.	PUNCT
ejge-10225	276	1	the	the	DET
ejge-10225	276	2	author	author	NOUN
ejge-10225	276	3	utilises	utilise	VERB
ejge-10225	276	4	unbalanced	unbalanced	ADJ
ejge-10225	276	5	panel	panel	NOUN
ejge-10225	276	6	data	datum	NOUN
ejge-10225	276	7	from	from	ADP
ejge-10225	276	8	27	27	NUM
ejge-10225	276	9	ishares	ishare	NOUN
ejge-10225	276	10	msci	msci	PROPN
ejge-10225	276	11	country	country	NOUN
ejge-10225	276	12	-	-	PUNCT
ejge-10225	276	13	specific	specific	ADJ
ejge-10225	276	14	etfs	etfs	NOUN
ejge-10225	276	15	and	and	CCONJ
ejge-10225	276	16	employs	employ	VERB
ejge-10225	276	17	quantile	quantile	ADJ
ejge-10225	276	18	regression	regression	NOUN
ejge-10225	276	19	to	to	PART
ejge-10225	276	20	examine	examine	VERB
ejge-10225	276	21	the	the	DET
ejge-10225	276	22	influence	influence	NOUN
ejge-10225	276	23	of	of	ADP
ejge-10225	276	24	global	global	ADJ
ejge-10225	276	25	,	,	PUNCT
ejge-10225	276	26	foreign	foreign	ADJ
ejge-10225	276	27	,	,	PUNCT
ejge-10225	276	28	and	and	CCONJ
ejge-10225	276	29	us	us	PROPN
ejge-10225	276	30	investor	investor	NOUN
ejge-10225	276	31	sentiments	sentiment	NOUN
ejge-10225	276	32	on	on	ADP
ejge-10225	276	33	etf	etf	NOUN
ejge-10225	276	34	returns	return	NOUN
ejge-10225	276	35	.	.	PUNCT
ejge-10225	277	1	it	it	PRON
ejge-10225	277	2	is	be	AUX
ejge-10225	277	3	highlighted	highlight	VERB
ejge-10225	277	4	in	in	ADP
ejge-10225	277	5	the	the	DET
ejge-10225	277	6	findings	finding	NOUN
ejge-10225	277	7	that	that	SCONJ
ejge-10225	277	8	investor	investor	NOUN
ejge-10225	277	9	sentiments	sentiment	NOUN
ejge-10225	277	10	,	,	PUNCT
ejge-10225	277	11	as	as	ADV
ejge-10225	277	12	well	well	ADV
ejge-10225	277	13	as	as	ADP
ejge-10225	277	14	the	the	DET
ejge-10225	277	15	etf	etf	NOUN
ejge-10225	277	16	expense	expense	NOUN
ejge-10225	277	17	ratio	ratio	NOUN
ejge-10225	277	18	,	,	PUNCT
ejge-10225	277	19	significantly	significantly	ADV
ejge-10225	277	20	determine	determine	VERB
ejge-10225	277	21	the	the	DET
ejge-10225	277	22	returns	return	NOUN
ejge-10225	277	23	of	of	ADP
ejge-10225	277	24	the	the	DET
ejge-10225	277	25	etfs	etfs	NOUN
ejge-10225	277	26	traded	trade	VERB
ejge-10225	277	27	in	in	ADP
ejge-10225	277	28	the	the	DET
ejge-10225	277	29	us	us	PROPN
ejge-10225	277	30	markets	market	NOUN
ejge-10225	277	31	.	.	PUNCT
ejge-10225	278	1	the	the	DET
ejge-10225	278	2	quantile	quantile	ADJ
ejge-10225	278	3	regression	regression	NOUN
ejge-10225	278	4	approach	approach	NOUN
ejge-10225	278	5	reveals	reveal	VERB
ejge-10225	278	6	nuanced	nuanced	ADJ
ejge-10225	278	7	relationships	relationship	NOUN
ejge-10225	278	8	between	between	ADP
ejge-10225	278	9	investor	investor	NOUN
ejge-10225	278	10	sentiments	sentiment	NOUN
ejge-10225	278	11	and	and	CCONJ
ejge-10225	278	12	etf	etf	NOUN
ejge-10225	278	13	returns	return	NOUN
ejge-10225	278	14	across	across	ADP
ejge-10225	278	15	different	different	ADJ
ejge-10225	278	16	quantiles	quantile	NOUN
ejge-10225	278	17	.	.	PUNCT
ejge-10225	279	1	high	high	ADJ
ejge-10225	279	2	-	-	PUNCT
ejge-10225	279	3	return	return	NOUN
ejge-10225	279	4	etfs	etfs	NOUN
ejge-10225	279	5	show	show	VERB
ejge-10225	279	6	positive	positive	ADJ
ejge-10225	279	7	sensitivity	sensitivity	NOUN
ejge-10225	279	8	to	to	ADP
ejge-10225	279	9	changes	change	NOUN
ejge-10225	279	10	in	in	ADP
ejge-10225	279	11	global	global	ADJ
ejge-10225	279	12	sentiment	sentiment	NOUN
ejge-10225	279	13	,	,	PUNCT
ejge-10225	279	14	such	such	ADJ
ejge-10225	279	15	as	as	ADP
ejge-10225	279	16	market	market	NOUN
ejge-10225	279	17	turnover	turnover	NOUN
ejge-10225	279	18	,	,	PUNCT
ejge-10225	279	19	vix	vix	PROPN
ejge-10225	279	20	(	(	PUNCT
ejge-10225	279	21	a	a	DET
ejge-10225	279	22	measure	measure	NOUN
ejge-10225	279	23	of	of	ADP
ejge-10225	279	24	market	market	NOUN
ejge-10225	279	25	volatility	volatility	NOUN
ejge-10225	279	26	)	)	PUNCT
ejge-10225	279	27	,	,	PUNCT
ejge-10225	279	28	and	and	CCONJ
ejge-10225	279	29	the	the	DET
ejge-10225	279	30	us	us	PROPN
ejge-10225	279	31	federal	federal	ADJ
ejge-10225	279	32	funds	fund	NOUN
ejge-10225	279	33	rate	rate	NOUN
ejge-10225	279	34	.	.	PUNCT
ejge-10225	280	1	furthermore	furthermore	ADV
ejge-10225	280	2	,	,	PUNCT
ejge-10225	280	3	the	the	DET
ejge-10225	280	4	author	author	NOUN
ejge-10225	280	5	uncovers	uncover	NOUN
ejge-10225	280	6	interesting	interesting	ADJ
ejge-10225	280	7	findings	finding	NOUN
ejge-10225	280	8	regarding	regard	VERB
ejge-10225	280	9	the	the	DET
ejge-10225	280	10	effects	effect	NOUN
ejge-10225	280	11	of	of	ADP
ejge-10225	280	12	market	market	NOUN
ejge-10225	280	13	volatility	volatility	NOUN
ejge-10225	280	14	and	and	CCONJ
ejge-10225	280	15	foreign	foreign	ADJ
ejge-10225	280	16	inflation	inflation	NOUN
ejge-10225	280	17	on	on	ADP
ejge-10225	280	18	etf	etf	NOUN
ejge-10225	280	19	returns	return	NOUN
ejge-10225	280	20	.	.	PUNCT
ejge-10225	281	1	the	the	DET
ejge-10225	281	2	results	result	NOUN
ejge-10225	281	3	indicate	indicate	VERB
ejge-10225	281	4	a	a	DET
ejge-10225	281	5	reversal	reversal	NOUN
ejge-10225	281	6	in	in	ADP
ejge-10225	281	7	the	the	DET
ejge-10225	281	8	relationship	relationship	NOUN
ejge-10225	281	9	,	,	PUNCT
ejge-10225	281	10	where	where	SCONJ
ejge-10225	281	11	returns	return	NOUN
ejge-10225	281	12	from	from	ADP
ejge-10225	281	13	lower	low	ADJ
ejge-10225	281	14	quantiles	quantile	NOUN
ejge-10225	281	15	show	show	VERB
ejge-10225	281	16	a	a	DET
ejge-10225	281	17	negative	negative	ADJ
ejge-10225	281	18	association	association	NOUN
ejge-10225	281	19	with	with	ADP
ejge-10225	281	20	vix	vix	PROPN
ejge-10225	281	21	and	and	CCONJ
ejge-10225	281	22	foreign	foreign	ADJ
ejge-10225	281	23	inflation	inflation	NOUN
ejge-10225	281	24	,	,	PUNCT
ejge-10225	281	25	while	while	SCONJ
ejge-10225	281	26	higher	high	ADJ
ejge-10225	281	27	quantiles	quantile	NOUN
ejge-10225	281	28	exhibit	exhibit	VERB
ejge-10225	281	29	a	a	DET
ejge-10225	281	30	positive	positive	ADJ
ejge-10225	281	31	relation	relation	NOUN
ejge-10225	281	32	.	.	PUNCT
ejge-10225	282	1	this	this	PRON
ejge-10225	282	2	suggests	suggest	VERB
ejge-10225	282	3	that	that	SCONJ
ejge-10225	282	4	the	the	DET
ejge-10225	282	5	impact	impact	NOUN
ejge-10225	282	6	of	of	ADP
ejge-10225	282	7	market	market	NOUN
ejge-10225	282	8	volatility	volatility	NOUN
ejge-10225	282	9	and	and	CCONJ
ejge-10225	282	10	foreign	foreign	ADJ
ejge-10225	282	11	inflation	inflation	NOUN
ejge-10225	282	12	on	on	ADP
ejge-10225	282	13	etf	etf	NOUN
ejge-10225	282	14	returns	return	NOUN
ejge-10225	282	15	varies	vary	VERB
ejge-10225	282	16	across	across	ADP
ejge-10225	282	17	different	different	ADJ
ejge-10225	282	18	levels	level	NOUN
ejge-10225	282	19	of	of	ADP
ejge-10225	282	20	returns	return	NOUN
ejge-10225	282	21	.	.	PUNCT
ejge-10225	283	1	the	the	DET
ejge-10225	283	2	scientist	scientist	NOUN
ejge-10225	283	3	also	also	ADV
ejge-10225	283	4	highlights	highlight	VERB
ejge-10225	283	5	that	that	SCONJ
ejge-10225	283	6	not	not	PART
ejge-10225	283	7	all	all	DET
ejge-10225	283	8	components	component	NOUN
ejge-10225	283	9	of	of	ADP
ejge-10225	283	10	economic	economic	ADJ
ejge-10225	283	11	freedom	freedom	NOUN
ejge-10225	283	12	have	have	VERB
ejge-10225	283	13	equal	equal	ADJ
ejge-10225	283	14	effects	effect	NOUN
ejge-10225	283	15	on	on	ADP
ejge-10225	283	16	etf	etf	NOUN
ejge-10225	283	17	returns	return	NOUN
ejge-10225	283	18	.	.	PUNCT
ejge-10225	284	1	the	the	DET
ejge-10225	284	2	specific	specific	ADJ
ejge-10225	284	3	components	component	NOUN
ejge-10225	284	4	of	of	ADP
ejge-10225	284	5	economic	economic	ADJ
ejge-10225	284	6	freedom	freedom	NOUN
ejge-10225	284	7	that	that	PRON
ejge-10225	284	8	are	be	AUX
ejge-10225	284	9	examined	examine	VERB
ejge-10225	284	10	in	in	ADP
ejge-10225	284	11	this	this	DET
ejge-10225	284	12	study	study	NOUN
ejge-10225	284	13	likely	likely	ADV
ejge-10225	284	14	have	have	VERB
ejge-10225	284	15	varying	vary	VERB
ejge-10225	284	16	impacts	impact	NOUN
ejge-10225	284	17	on	on	ADP
ejge-10225	284	18	the	the	DET
ejge-10225	284	19	returns	return	NOUN
ejge-10225	284	20	of	of	ADP
ejge-10225	284	21	the	the	DET
ejge-10225	284	22	etfs	etfs	NOUN
ejge-10225	284	23	studied	study	VERB
ejge-10225	284	24	,	,	PUNCT
ejge-10225	284	25	underscoring	underscore	VERB
ejge-10225	284	26	the	the	DET
ejge-10225	284	27	importance	importance	NOUN
ejge-10225	284	28	of	of	ADP
ejge-10225	284	29	considering	consider	VERB
ejge-10225	284	30	specific	specific	ADJ
ejge-10225	284	31	aspects	aspect	NOUN
ejge-10225	284	32	of	of	ADP
ejge-10225	284	33	economic	economic	ADJ
ejge-10225	284	34	freedom	freedom	NOUN
ejge-10225	284	35	when	when	SCONJ
ejge-10225	284	36	analysing	analyse	VERB
ejge-10225	284	37	etf	etf	NOUN
ejge-10225	284	38	performance	performance	NOUN
ejge-10225	284	39	.	.	PUNCT
ejge-10225	285	1	yang	yang	PROPN
ejge-10225	285	2	and	and	CCONJ
ejge-10225	285	3	chi	chi	PROPN
ejge-10225	285	4	(	(	PUNCT
ejge-10225	285	5	2023	2023	NUM
ejge-10225	285	6	)	)	PUNCT
ejge-10225	285	7	provide	provide	VERB
ejge-10225	285	8	additional	additional	ADJ
ejge-10225	285	9	insights	insight	NOUN
ejge-10225	285	10	on	on	ADP
ejge-10225	285	11	this	this	DET
ejge-10225	285	12	topic	topic	NOUN
ejge-10225	285	13	,	,	PUNCT
ejge-10225	285	14	with	with	ADP
ejge-10225	285	15	a	a	DET
ejge-10225	285	16	focus	focus	NOUN
ejge-10225	285	17	on	on	ADP
ejge-10225	285	18	the	the	DET
ejge-10225	285	19	chinese	chinese	ADJ
ejge-10225	285	20	market	market	NOUN
ejge-10225	285	21	.	.	PUNCT
ejge-10225	286	1	the	the	DET
ejge-10225	286	2	researchers	researcher	NOUN
ejge-10225	286	3	examined	examine	VERB
ejge-10225	286	4	the	the	DET
ejge-10225	286	5	impact	impact	NOUN
ejge-10225	286	6	of	of	ADP
ejge-10225	286	7	investor	investor	NOUN
ejge-10225	286	8	sentiment	sentiment	NOUN
ejge-10225	286	9	on	on	ADP
ejge-10225	286	10	the	the	DET
ejge-10225	286	11	volatility	volatility	NOUN
ejge-10225	286	12	of	of	ADP
ejge-10225	286	13	etfs	etfs	PROPN
ejge-10225	286	14	in	in	ADP
ejge-10225	286	15	china	china	PROPN
ejge-10225	286	16	.	.	PUNCT
ejge-10225	287	1	the	the	DET
ejge-10225	287	2	shanghai	shanghai	PROPN
ejge-10225	287	3	stock	stock	PROPN
ejge-10225	287	4	exchange	exchange	PROPN
ejge-10225	287	5	composite	composite	ADJ
ejge-10225	287	6	index	index	NOUN
ejge-10225	287	7	and	and	CCONJ
ejge-10225	287	8	the	the	DET
ejge-10225	287	9	investor	investor	NOUN
ejge-10225	287	10	confidence	confidence	NOUN
ejge-10225	287	11	index	index	NOUN
ejge-10225	287	12	,	,	PUNCT
ejge-10225	287	13	two	two	NUM
ejge-10225	287	14	sentiment	sentiment	NOUN
ejge-10225	287	15	investor	investor	NOUN
ejge-10225	287	16	sentiment	sentiment	NOUN
ejge-10225	287	17	and	and	CCONJ
ejge-10225	287	18	euro	euro	PROPN
ejge-10225	287	19	area	area	NOUN
ejge-10225	287	20	etfs	etfs	NOUN
ejge-10225	287	21	measures	measure	NOUN
ejge-10225	287	22	,	,	PUNCT
ejge-10225	287	23	were	be	AUX
ejge-10225	287	24	used	use	VERB
ejge-10225	287	25	by	by	ADP
ejge-10225	287	26	the	the	DET
ejge-10225	287	27	authors	author	NOUN
ejge-10225	287	28	to	to	PART
ejge-10225	287	29	determine	determine	VERB
ejge-10225	287	30	the	the	DET
ejge-10225	287	31	strong	strong	ADJ
ejge-10225	287	32	association	association	NOUN
ejge-10225	287	33	between	between	ADP
ejge-10225	287	34	investor	investor	NOUN
ejge-10225	287	35	sentiment	sentiment	NOUN
ejge-10225	287	36	and	and	CCONJ
ejge-10225	287	37	etf	etf	NOUN
ejge-10225	287	38	volatility	volatility	NOUN
ejge-10225	287	39	.	.	PUNCT
ejge-10225	288	1	in	in	ADP
ejge-10225	288	2	particular	particular	ADJ
ejge-10225	288	3	,	,	PUNCT
ejge-10225	288	4	the	the	DET
ejge-10225	288	5	findings	finding	NOUN
ejge-10225	288	6	imply	imply	VERB
ejge-10225	288	7	that	that	SCONJ
ejge-10225	288	8	while	while	SCONJ
ejge-10225	288	9	negative	negative	ADJ
ejge-10225	288	10	sentiment	sentiment	NOUN
ejge-10225	288	11	is	be	AUX
ejge-10225	288	12	linked	link	VERB
ejge-10225	288	13	to	to	ADP
ejge-10225	288	14	increased	increase	VERB
ejge-10225	288	15	volatility	volatility	NOUN
ejge-10225	288	16	,	,	PUNCT
ejge-10225	288	17	a	a	DET
ejge-10225	288	18	positive	positive	ADJ
ejge-10225	288	19	mood	mood	NOUN
ejge-10225	288	20	among	among	ADP
ejge-10225	288	21	investors	investor	NOUN
ejge-10225	288	22	is	be	AUX
ejge-10225	288	23	linked	link	VERB
ejge-10225	288	24	to	to	ADP
ejge-10225	288	25	lower	low	ADJ
ejge-10225	288	26	volatility	volatility	NOUN
ejge-10225	288	27	in	in	ADP
ejge-10225	288	28	etf	etf	NOUN
ejge-10225	288	29	prices	price	NOUN
ejge-10225	288	30	.	.	PUNCT
ejge-10225	289	1	these	these	DET
ejge-10225	289	2	results	result	NOUN
ejge-10225	289	3	align	align	VERB
ejge-10225	289	4	with	with	ADP
ejge-10225	289	5	the	the	DET
ejge-10225	289	6	behavioural	behavioural	ADJ
ejge-10225	289	7	finance	finance	NOUN
ejge-10225	289	8	viewpoint	viewpoint	NOUN
ejge-10225	289	9	presented	present	VERB
ejge-10225	289	10	in	in	ADP
ejge-10225	289	11	the	the	DET
ejge-10225	289	12	current	current	ADJ
ejge-10225	289	13	work	work	NOUN
ejge-10225	289	14	,	,	PUNCT
ejge-10225	289	15	which	which	PRON
ejge-10225	289	16	holds	hold	VERB
ejge-10225	289	17	that	that	SCONJ
ejge-10225	289	18	asset	asset	NOUN
ejge-10225	289	19	prices	price	NOUN
ejge-10225	289	20	,	,	PUNCT
ejge-10225	289	21	including	include	VERB
ejge-10225	289	22	those	those	PRON
ejge-10225	289	23	of	of	ADP
ejge-10225	289	24	etfs	etfs	PROPN
ejge-10225	289	25	,	,	PUNCT
ejge-10225	289	26	can	can	AUX
ejge-10225	289	27	be	be	AUX
ejge-10225	289	28	driven	drive	VERB
ejge-10225	289	29	by	by	ADP
ejge-10225	289	30	investor	investor	NOUN
ejge-10225	289	31	mood	mood	NOUN
ejge-10225	289	32	away	away	ADV
ejge-10225	289	33	from	from	ADP
ejge-10225	289	34	their	their	PRON
ejge-10225	289	35	intrinsic	intrinsic	ADJ
ejge-10225	289	36	values	value	NOUN
ejge-10225	289	37	.	.	PUNCT
ejge-10225	290	1	optimistic	optimistic	ADJ
ejge-10225	290	2	investors	investor	NOUN
ejge-10225	290	3	might	might	AUX
ejge-10225	290	4	be	be	AUX
ejge-10225	290	5	more	more	ADV
ejge-10225	290	6	likely	likely	ADJ
ejge-10225	290	7	to	to	PART
ejge-10225	290	8	purchase	purchase	VERB
ejge-10225	290	9	etfs	etfs	NOUN
ejge-10225	290	10	,	,	PUNCT
ejge-10225	290	11	which	which	PRON
ejge-10225	290	12	would	would	AUX
ejge-10225	290	13	raise	raise	VERB
ejge-10225	290	14	demand	demand	NOUN
ejge-10225	290	15	and	and	CCONJ
ejge-10225	290	16	possibly	possibly	ADV
ejge-10225	290	17	reduce	reduce	VERB
ejge-10225	290	18	volatility	volatility	NOUN
ejge-10225	290	19	.	.	PUNCT
ejge-10225	291	1	meanwhile	meanwhile	ADV
ejge-10225	291	2	,	,	PUNCT
ejge-10225	291	3	etfs	etfs	PROPN
ejge-10225	291	4	may	may	AUX
ejge-10225	291	5	face	face	VERB
ejge-10225	291	6	selling	sell	VERB
ejge-10225	291	7	pressure	pressure	NOUN
ejge-10225	291	8	during	during	ADP
ejge-10225	291	9	times	time	NOUN
ejge-10225	291	10	of	of	ADP
ejge-10225	291	11	pessimism	pessimism	NOUN
ejge-10225	291	12	and	and	CCONJ
ejge-10225	291	13	risk	risk	NOUN
ejge-10225	291	14	aversion	aversion	NOUN
ejge-10225	291	15	,	,	PUNCT
ejge-10225	291	16	which	which	PRON
ejge-10225	291	17	would	would	AUX
ejge-10225	291	18	increase	increase	VERB
ejge-10225	291	19	the	the	DET
ejge-10225	291	20	volatility	volatility	NOUN
ejge-10225	291	21	of	of	ADP
ejge-10225	291	22	their	their	PRON
ejge-10225	291	23	prices	price	NOUN
ejge-10225	291	24	.	.	PUNCT
ejge-10225	292	1	this	this	PRON
ejge-10225	292	2	supports	support	VERB
ejge-10225	292	3	the	the	DET
ejge-10225	292	4	findings	finding	NOUN
ejge-10225	292	5	of	of	ADP
ejge-10225	292	6	the	the	DET
ejge-10225	292	7	current	current	ADJ
ejge-10225	292	8	paper	paper	NOUN
ejge-10225	292	9	by	by	ADP
ejge-10225	292	10	emphasising	emphasise	VERB
ejge-10225	292	11	how	how	SCONJ
ejge-10225	292	12	crucial	crucial	ADJ
ejge-10225	292	13	it	it	PRON
ejge-10225	292	14	is	be	AUX
ejge-10225	292	15	to	to	PART
ejge-10225	292	16	take	take	VERB
ejge-10225	292	17	investor	investor	NOUN
ejge-10225	292	18	mood	mood	NOUN
ejge-10225	292	19	into	into	ADP
ejge-10225	292	20	account	account	NOUN
ejge-10225	292	21	when	when	SCONJ
ejge-10225	292	22	analysing	analyse	VERB
ejge-10225	292	23	the	the	DET
ejge-10225	292	24	dynamics	dynamic	NOUN
ejge-10225	292	25	of	of	ADP
ejge-10225	292	26	etf	etf	NOUN
ejge-10225	292	27	performance	performance	NOUN
ejge-10225	292	28	in	in	ADP
ejge-10225	292	29	the	the	DET
ejge-10225	292	30	european	european	ADJ
ejge-10225	292	31	context	context	NOUN
ejge-10225	292	32	as	as	ADV
ejge-10225	292	33	well	well	ADV
ejge-10225	292	34	as	as	ADP
ejge-10225	292	35	in	in	ADP
ejge-10225	292	36	other	other	ADJ
ejge-10225	292	37	international	international	ADJ
ejge-10225	292	38	financial	financial	ADJ
ejge-10225	292	39	markets	market	NOUN
ejge-10225	292	40	.	.	PUNCT
ejge-10225	293	1	investors	investor	NOUN
ejge-10225	293	2	in	in	ADP
ejge-10225	293	3	etfs	etfs	PROPN
ejge-10225	293	4	and	and	CCONJ
ejge-10225	293	5	other	other	ADJ
ejge-10225	293	6	market	market	NOUN
ejge-10225	293	7	participants	participant	NOUN
ejge-10225	293	8	can	can	AUX
ejge-10225	293	9	use	use	VERB
ejge-10225	293	10	this	this	DET
ejge-10225	293	11	data	datum	NOUN
ejge-10225	293	12	to	to	PART
ejge-10225	293	13	guide	guide	VERB
ejge-10225	293	14	their	their	PRON
ejge-10225	293	15	investing	investing	NOUN
ejge-10225	293	16	strategies	strategy	NOUN
ejge-10225	293	17	and	and	CCONJ
ejge-10225	293	18	practices	practice	NOUN
ejge-10225	293	19	related	relate	VERB
ejge-10225	293	20	to	to	ADP
ejge-10225	293	21	risk	risk	NOUN
ejge-10225	293	22	management	management	NOUN
ejge-10225	293	23	.	.	PUNCT
ejge-10225	294	1	the	the	DET
ejge-10225	294	2	scientists	scientist	NOUN
ejge-10225	294	3	naeem	naeem	PROPN
ejge-10225	294	4	et	et	PROPN
ejge-10225	294	5	al	al	PROPN
ejge-10225	294	6	.	.	PROPN
ejge-10225	295	1	(	(	PUNCT
ejge-10225	295	2	2022	2022	NUM
ejge-10225	295	3	)	)	PUNCT
ejge-10225	295	4	examine	examine	VERB
ejge-10225	295	5	the	the	DET
ejge-10225	295	6	relationship	relationship	NOUN
ejge-10225	295	7	between	between	ADP
ejge-10225	295	8	investor	investor	NOUN
ejge-10225	295	9	sentiment	sentiment	NOUN
ejge-10225	295	10	and	and	CCONJ
ejge-10225	295	11	the	the	DET
ejge-10225	295	12	returns	return	NOUN
ejge-10225	295	13	of	of	ADP
ejge-10225	295	14	exchange	exchange	NOUN
ejge-10225	295	15	-	-	PUNCT
ejge-10225	295	16	traded	trade	VERB
ejge-10225	295	17	funds	fund	NOUN
ejge-10225	295	18	in	in	ADP
ejge-10225	295	19	different	different	ADJ
ejge-10225	295	20	sectors	sector	NOUN
ejge-10225	295	21	of	of	ADP
ejge-10225	295	22	the	the	DET
ejge-10225	295	23	european	european	ADJ
ejge-10225	295	24	market	market	NOUN
ejge-10225	295	25	.	.	PUNCT
ejge-10225	296	1	in	in	ADP
ejge-10225	296	2	the	the	DET
ejge-10225	296	3	theoretical	theoretical	ADJ
ejge-10225	296	4	part	part	NOUN
ejge-10225	296	5	of	of	ADP
ejge-10225	296	6	the	the	DET
ejge-10225	296	7	work	work	NOUN
ejge-10225	296	8	,	,	PUNCT
ejge-10225	296	9	the	the	DET
ejge-10225	296	10	authors	author	NOUN
ejge-10225	296	11	provide	provide	VERB
ejge-10225	296	12	a	a	DET
ejge-10225	296	13	comprehensive	comprehensive	ADJ
ejge-10225	296	14	understanding	understanding	NOUN
ejge-10225	296	15	of	of	ADP
ejge-10225	296	16	market	market	NOUN
ejge-10225	296	17	sentiment	sentiment	NOUN
ejge-10225	296	18	,	,	PUNCT
ejge-10225	296	19	including	include	VERB
ejge-10225	296	20	its	its	PRON
ejge-10225	296	21	measures	measure	NOUN
ejge-10225	296	22	and	and	CCONJ
ejge-10225	296	23	their	their	PRON
ejge-10225	296	24	applications	application	NOUN
ejge-10225	296	25	.	.	PUNCT
ejge-10225	297	1	in	in	ADP
ejge-10225	297	2	the	the	DET
ejge-10225	297	3	practical	practical	ADJ
ejge-10225	297	4	part	part	NOUN
ejge-10225	297	5	of	of	ADP
ejge-10225	297	6	the	the	DET
ejge-10225	297	7	work	work	NOUN
ejge-10225	297	8	,	,	PUNCT
ejge-10225	297	9	the	the	DET
ejge-10225	297	10	relationship	relationship	NOUN
ejge-10225	297	11	between	between	ADP
ejge-10225	297	12	sentiment	sentiment	NOUN
ejge-10225	297	13	and	and	CCONJ
ejge-10225	297	14	returns	return	NOUN
ejge-10225	297	15	of	of	ADP
ejge-10225	297	16	sector	sector	NOUN
ejge-10225	297	17	etfs	etfs	PROPN
ejge-10225	297	18	is	be	AUX
ejge-10225	297	19	examined	examine	VERB
ejge-10225	297	20	using	use	VERB
ejge-10225	297	21	the	the	DET
ejge-10225	297	22	analysis	analysis	NOUN
ejge-10225	297	23	of	of	ADP
ejge-10225	297	24	the	the	DET
ejge-10225	297	25	impulse	impulse	ADJ
ejge-10225	297	26	response	response	NOUN
ejge-10225	297	27	function	function	NOUN
ejge-10225	297	28	(	(	PUNCT
ejge-10225	297	29	irf	irf	PROPN
ejge-10225	297	30	)	)	PUNCT
ejge-10225	297	31	.	.	PUNCT
ejge-10225	298	1	the	the	DET
ejge-10225	298	2	combined	combined	PROPN
ejge-10225	298	3	irf	irf	PROPN
ejge-10225	298	4	is	be	AUX
ejge-10225	298	5	constructed	construct	VERB
ejge-10225	298	6	for	for	ADP
ejge-10225	298	7	the	the	DET
ejge-10225	298	8	european	european	ADJ
ejge-10225	298	9	sentiment	sentiment	NOUN
ejge-10225	298	10	indicator	indicator	NOUN
ejge-10225	298	11	(	(	PUNCT
ejge-10225	298	12	esi	esi	PROPN
ejge-10225	298	13	)	)	PUNCT
ejge-10225	298	14	,	,	PUNCT
ejge-10225	298	15	which	which	PRON
ejge-10225	298	16	serves	serve	VERB
ejge-10225	298	17	as	as	ADP
ejge-10225	298	18	a	a	DET
ejge-10225	298	19	proxy	proxy	NOUN
ejge-10225	298	20	for	for	ADP
ejge-10225	298	21	general	general	ADJ
ejge-10225	298	22	european	european	ADJ
ejge-10225	298	23	sentiment	sentiment	NOUN
ejge-10225	298	24	and	and	CCONJ
ejge-10225	298	25	the	the	DET
ejge-10225	298	26	returns	return	NOUN
ejge-10225	298	27	of	of	ADP
ejge-10225	298	28	sector	sector	NOUN
ejge-10225	298	29	etfs	etfs	NOUN
ejge-10225	298	30	.	.	PUNCT
ejge-10225	299	1	furthermore	furthermore	ADV
ejge-10225	299	2	,	,	PUNCT
ejge-10225	299	3	the	the	DET
ejge-10225	299	4	irf	irf	NOUN
ejge-10225	299	5	is	be	AUX
ejge-10225	299	6	employed	employ	VERB
ejge-10225	299	7	for	for	ADP
ejge-10225	299	8	two	two	NUM
ejge-10225	299	9	specialised	specialised	ADJ
ejge-10225	299	10	sentiment	sentiment	NOUN
ejge-10225	299	11	proxies	proxy	NOUN
ejge-10225	299	12	–	–	PUNCT
ejge-10225	299	13	the	the	DET
ejge-10225	299	14	financial	financial	ADJ
ejge-10225	299	15	services	service	NOUN
ejge-10225	299	16	indicator	indicator	NOUN
ejge-10225	299	17	and	and	CCONJ
ejge-10225	299	18	the	the	DET
ejge-10225	299	19	consumer	consumer	NOUN
ejge-10225	299	20	indicator	indicator	NOUN
ejge-10225	299	21	–	–	PUNCT
ejge-10225	299	22	and	and	CCONJ
ejge-10225	299	23	the	the	DET
ejge-10225	299	24	corresponding	correspond	VERB
ejge-10225	299	25	etf	etf	NOUN
ejge-10225	299	26	returns	return	NOUN
ejge-10225	299	27	.	.	PUNCT
ejge-10225	300	1	the	the	DET
ejge-10225	300	2	results	result	NOUN
ejge-10225	300	3	of	of	ADP
ejge-10225	300	4	the	the	DET
ejge-10225	300	5	analysis	analysis	NOUN
ejge-10225	300	6	are	be	AUX
ejge-10225	300	7	reviewed	review	VERB
ejge-10225	300	8	,	,	PUNCT
ejge-10225	300	9	and	and	CCONJ
ejge-10225	300	10	recommendations	recommendation	NOUN
ejge-10225	300	11	are	be	AUX
ejge-10225	300	12	proposed	propose	VERB
ejge-10225	300	13	for	for	ADP
ejge-10225	300	14	the	the	DET
ejge-10225	300	15	successful	successful	ADJ
ejge-10225	300	16	use	use	NOUN
ejge-10225	300	17	of	of	ADP
ejge-10225	300	18	sentiment	sentiment	NOUN
ejge-10225	300	19	indicators	indicator	NOUN
ejge-10225	300	20	when	when	SCONJ
ejge-10225	300	21	trading	trade	VERB
ejge-10225	300	22	specific	specific	ADJ
ejge-10225	300	23	sector	sector	NOUN
ejge-10225	300	24	stocks	stock	NOUN
ejge-10225	300	25	.	.	PUNCT
ejge-10225	301	1	this	this	PRON
ejge-10225	301	2	suggests	suggest	VERB
ejge-10225	301	3	that	that	SCONJ
ejge-10225	301	4	the	the	DET
ejge-10225	301	5	work	work	NOUN
ejge-10225	301	6	not	not	PART
ejge-10225	301	7	only	only	ADV
ejge-10225	301	8	aims	aim	VERB
ejge-10225	301	9	to	to	PART
ejge-10225	301	10	investigate	investigate	VERB
ejge-10225	301	11	the	the	DET
ejge-10225	301	12	relationship	relationship	NOUN
ejge-10225	301	13	between	between	ADP
ejge-10225	301	14	sentiment	sentiment	NOUN
ejge-10225	301	15	and	and	CCONJ
ejge-10225	301	16	etf	etf	NOUN
ejge-10225	301	17	returns	return	NOUN
ejge-10225	301	18	but	but	CCONJ
ejge-10225	301	19	also	also	ADV
ejge-10225	301	20	offers	offer	VERB
ejge-10225	301	21	practical	practical	ADJ
ejge-10225	301	22	guidance	guidance	NOUN
ejge-10225	301	23	on	on	ADP
ejge-10225	301	24	utilising	utilise	VERB
ejge-10225	301	25	sentiment	sentiment	NOUN
ejge-10225	301	26	indicators	indicator	NOUN
ejge-10225	301	27	in	in	ADP
ejge-10225	301	28	the	the	DET
ejge-10225	301	29	context	context	NOUN
ejge-10225	301	30	of	of	ADP
ejge-10225	301	31	sector	sector	NOUN
ejge-10225	301	32	-	-	PUNCT
ejge-10225	301	33	based	base	VERB
ejge-10225	301	34	trading	trading	NOUN
ejge-10225	301	35	.	.	PUNCT
ejge-10225	302	1	by	by	ADP
ejge-10225	302	2	examining	examine	VERB
ejge-10225	302	3	the	the	DET
ejge-10225	302	4	relationship	relationship	NOUN
ejge-10225	302	5	between	between	ADP
ejge-10225	302	6	investor	investor	NOUN
ejge-10225	302	7	sentiment	sentiment	NOUN
ejge-10225	302	8	and	and	CCONJ
ejge-10225	302	9	etf	etf	NOUN
ejge-10225	302	10	returns	return	NOUN
ejge-10225	302	11	in	in	ADP
ejge-10225	302	12	different	different	ADJ
ejge-10225	302	13	sectors	sector	NOUN
ejge-10225	302	14	of	of	ADP
ejge-10225	302	15	the	the	DET
ejge-10225	302	16	european	european	ADJ
ejge-10225	302	17	market	market	NOUN
ejge-10225	302	18	,	,	PUNCT
ejge-10225	302	19	this	this	DET
ejge-10225	302	20	work	work	NOUN
ejge-10225	302	21	contributes	contribute	VERB
ejge-10225	302	22	to	to	ADP
ejge-10225	302	23	the	the	DET
ejge-10225	302	24	understanding	understanding	NOUN
ejge-10225	302	25	of	of	ADP
ejge-10225	302	26	market	market	NOUN
ejge-10225	302	27	dynamics	dynamic	NOUN
ejge-10225	302	28	and	and	CCONJ
ejge-10225	302	29	the	the	DET
ejge-10225	302	30	potential	potential	ADJ
ejge-10225	302	31	predictive	predictive	ADJ
ejge-10225	302	32	power	power	NOUN
ejge-10225	302	33	of	of	ADP
ejge-10225	302	34	sentiment	sentiment	NOUN
ejge-10225	302	35	indicators	indicator	NOUN
ejge-10225	302	36	.	.	PUNCT
ejge-10225	303	1	the	the	DET
ejge-10225	303	2	findings	finding	NOUN
ejge-10225	303	3	can	can	AUX
ejge-10225	303	4	be	be	AUX
ejge-10225	303	5	valuable	valuable	ADJ
ejge-10225	303	6	for	for	ADP
ejge-10225	303	7	investors	investor	NOUN
ejge-10225	303	8	and	and	CCONJ
ejge-10225	303	9	traders	trader	NOUN
ejge-10225	303	10	who	who	PRON
ejge-10225	303	11	seek	seek	VERB
ejge-10225	303	12	to	to	PART
ejge-10225	303	13	incorporate	incorporate	VERB
ejge-10225	303	14	sentiment	sentiment	NOUN
ejge-10225	303	15	analysis	analysis	NOUN
ejge-10225	303	16	into	into	ADP
ejge-10225	303	17	their	their	PRON
ejge-10225	303	18	investment	investment	NOUN
ejge-10225	303	19	strategies	strategy	NOUN
ejge-10225	303	20	,	,	PUNCT
ejge-10225	303	21	particularly	particularly	ADV
ejge-10225	303	22	when	when	SCONJ
ejge-10225	303	23	focusing	focus	VERB
ejge-10225	303	24	on	on	ADP
ejge-10225	303	25	sector	sector	NOUN
ejge-10225	303	26	-	-	PUNCT
ejge-10225	303	27	specific	specific	ADJ
ejge-10225	303	28	etfs	etfs	NOUN
ejge-10225	303	29	.	.	PUNCT
ejge-10225	304	1	goel	goel	PROPN
ejge-10225	304	2	and	and	CCONJ
ejge-10225	304	3	dash	dash	NOUN
ejge-10225	304	4	(	(	PUNCT
ejge-10225	304	5	2022	2022	NUM
ejge-10225	304	6	)	)	PUNCT
ejge-10225	304	7	focus	focus	NOUN
ejge-10225	304	8	on	on	ADP
ejge-10225	304	9	the	the	DET
ejge-10225	304	10	impact	impact	NOUN
ejge-10225	304	11	of	of	ADP
ejge-10225	304	12	macroeconomic	macroeconomic	ADJ
ejge-10225	304	13	variables	variable	NOUN
ejge-10225	304	14	and	and	CCONJ
ejge-10225	304	15	investor	investor	NOUN
ejge-10225	304	16	sentiment	sentiment	NOUN
ejge-10225	304	17	on	on	ADP
ejge-10225	304	18	etf	etf	NOUN
ejge-10225	304	19	returns	return	NOUN
ejge-10225	304	20	.	.	PUNCT
ejge-10225	305	1	through	through	ADP
ejge-10225	305	2	a	a	DET
ejge-10225	305	3	comprehensive	comprehensive	ADJ
ejge-10225	305	4	analysis	analysis	NOUN
ejge-10225	305	5	of	of	ADP
ejge-10225	305	6	panel	panel	NOUN
ejge-10225	305	7	data	datum	NOUN
ejge-10225	305	8	,	,	PUNCT
ejge-10225	305	9	the	the	DET
ejge-10225	305	10	authors	author	NOUN
ejge-10225	305	11	explore	explore	VERB
ejge-10225	305	12	the	the	DET
ejge-10225	305	13	effects	effect	NOUN
ejge-10225	305	14	of	of	ADP
ejge-10225	305	15	variables	variable	NOUN
ejge-10225	305	16	such	such	ADJ
ejge-10225	305	17	as	as	ADP
ejge-10225	305	18	gdp	gdp	NOUN
ejge-10225	305	19	growth	growth	NOUN
ejge-10225	305	20	,	,	PUNCT
ejge-10225	305	21	inflation	inflation	NOUN
ejge-10225	305	22	rate	rate	NOUN
ejge-10225	305	23	,	,	PUNCT
ejge-10225	305	24	and	and	CCONJ
ejge-10225	305	25	interest	interest	NOUN
ejge-10225	305	26	rates	rate	NOUN
ejge-10225	305	27	on	on	ADP
ejge-10225	305	28	the	the	DET
ejge-10225	305	29	relationship	relationship	NOUN
ejge-10225	305	30	between	between	ADP
ejge-10225	305	31	investor	investor	NOUN
ejge-10225	305	32	sentiment	sentiment	NOUN
ejge-10225	305	33	and	and	CCONJ
ejge-10225	305	34	etf	etf	NOUN
ejge-10225	305	35	returns	return	NOUN
ejge-10225	305	36	.	.	PUNCT
ejge-10225	306	1	the	the	DET
ejge-10225	306	2	researchers	researcher	NOUN
ejge-10225	306	3	suggest	suggest	VERB
ejge-10225	306	4	in	in	ADP
ejge-10225	306	5	the	the	DET
ejge-10225	306	6	findings	finding	NOUN
ejge-10225	306	7	that	that	SCONJ
ejge-10225	306	8	the	the	DET
ejge-10225	306	9	influence	influence	NOUN
ejge-10225	306	10	of	of	ADP
ejge-10225	306	11	investor	investor	NOUN
ejge-10225	306	12	sentiment	sentiment	NOUN
ejge-10225	306	13	on	on	ADP
ejge-10225	306	14	etf	etf	NOUN
ejge-10225	306	15	returns	return	NOUN
ejge-10225	306	16	varies	vary	VERB
ejge-10225	306	17	depending	depend	VERB
ejge-10225	306	18	on	on	ADP
ejge-10225	306	19	the	the	DET
ejge-10225	306	20	prevailing	prevail	VERB
ejge-10225	306	21	macroeconomic	macroeconomic	ADJ
ejge-10225	306	22	conditions	condition	NOUN
ejge-10225	306	23	.	.	PUNCT
ejge-10225	307	1	specifically	specifically	ADV
ejge-10225	307	2	,	,	PUNCT
ejge-10225	307	3	during	during	ADP
ejge-10225	307	4	periods	period	NOUN
ejge-10225	307	5	of	of	ADP
ejge-10225	307	6	high	high	ADJ
ejge-10225	307	7	gdp	gdp	NOUN
ejge-10225	307	8	growth	growth	NOUN
ejge-10225	307	9	and	and	CCONJ
ejge-10225	307	10	low	low	ADJ
ejge-10225	307	11	inflation	inflation	NOUN
ejge-10225	307	12	rates	rate	NOUN
ejge-10225	307	13	,	,	PUNCT
ejge-10225	307	14	investor	investor	NOUN
ejge-10225	307	15	sentiment	sentiment	NOUN
ejge-10225	307	16	exhibits	exhibit	VERB
ejge-10225	307	17	a	a	DET
ejge-10225	307	18	stronger	strong	ADJ
ejge-10225	307	19	positive	positive	ADJ
ejge-10225	307	20	effect	effect	NOUN
ejge-10225	307	21	on	on	ADP
ejge-10225	307	22	etf	etf	NOUN
ejge-10225	307	23	returns	return	NOUN
ejge-10225	307	24	.	.	PUNCT
ejge-10225	308	1	conversely	conversely	ADV
ejge-10225	308	2	,	,	PUNCT
ejge-10225	308	3	in	in	ADP
ejge-10225	308	4	times	time	NOUN
ejge-10225	308	5	of	of	ADP
ejge-10225	308	6	economic	economic	ADJ
ejge-10225	308	7	downturn	downturn	NOUN
ejge-10225	308	8	and	and	CCONJ
ejge-10225	308	9	higher	high	ADJ
ejge-10225	308	10	inflation	inflation	NOUN
ejge-10225	308	11	,	,	PUNCT
ejge-10225	308	12	the	the	DET
ejge-10225	308	13	impact	impact	NOUN
ejge-10225	308	14	of	of	ADP
ejge-10225	308	15	investor	investor	NOUN
ejge-10225	308	16	sentiment	sentiment	NOUN
ejge-10225	308	17	on	on	ADP
ejge-10225	308	18	etf	etf	NOUN
ejge-10225	308	19	returns	return	NOUN
ejge-10225	308	20	is	be	AUX
ejge-10225	308	21	diminished	diminish	VERB
ejge-10225	308	22	.	.	PUNCT
ejge-10225	309	1	this	this	DET
ejge-10225	309	2	analysis	analysis	NOUN
ejge-10225	309	3	provides	provide	VERB
ejge-10225	309	4	valuable	valuable	ADJ
ejge-10225	309	5	insights	insight	NOUN
ejge-10225	309	6	for	for	ADP
ejge-10225	309	7	investors	investor	NOUN
ejge-10225	309	8	,	,	PUNCT
ejge-10225	309	9	highlighting	highlight	VERB
ejge-10225	309	10	the	the	DET
ejge-10225	309	11	importance	importance	NOUN
ejge-10225	309	12	of	of	ADP
ejge-10225	309	13	considering	consider	VERB
ejge-10225	309	14	macroeconomic	macroeconomic	ADJ
ejge-10225	309	15	factors	factor	NOUN
ejge-10225	309	16	when	when	SCONJ
ejge-10225	309	17	interpreting	interpret	VERB
ejge-10225	309	18	the	the	DET
ejge-10225	309	19	relationship	relationship	NOUN
ejge-10225	309	20	between	between	ADP
ejge-10225	309	21	sentiment	sentiment	NOUN
ejge-10225	309	22	and	and	CCONJ
ejge-10225	309	23	etf	etf	NOUN
ejge-10225	309	24	performance	performance	NOUN
ejge-10225	309	25	.	.	PUNCT
ejge-10225	310	1	cullen	cullen	PROPN
ejge-10225	310	2	(	(	PUNCT
ejge-10225	310	3	2023	2023	NUM
ejge-10225	310	4	)	)	PUNCT
ejge-10225	310	5	delves	delf	NOUN
ejge-10225	310	6	into	into	ADP
ejge-10225	310	7	the	the	DET
ejge-10225	310	8	role	role	NOUN
ejge-10225	310	9	of	of	ADP
ejge-10225	310	10	investor	investor	NOUN
ejge-10225	310	11	sentiment	sentiment	NOUN
ejge-10225	310	12	in	in	ADP
ejge-10225	310	13	sector	sector	NOUN
ejge-10225	310	14	-	-	PUNCT
ejge-10225	310	15	specific	specific	ADJ
ejge-10225	310	16	etfs	etfs	NOUN
ejge-10225	310	17	.	.	PUNCT
ejge-10225	311	1	by	by	ADP
ejge-10225	311	2	examining	examine	VERB
ejge-10225	311	3	the	the	DET
ejge-10225	311	4	performance	performance	NOUN
ejge-10225	311	5	of	of	ADP
ejge-10225	311	6	etfs	etfs	PROPN
ejge-10225	311	7	across	across	ADP
ejge-10225	311	8	different	different	ADJ
ejge-10225	311	9	sectors	sector	NOUN
ejge-10225	311	10	,	,	PUNCT
ejge-10225	311	11	the	the	DET
ejge-10225	311	12	author	author	NOUN
ejge-10225	311	13	uncovers	uncover	VERB
ejge-10225	311	14	the	the	DET
ejge-10225	311	15	effects	effect	NOUN
ejge-10225	311	16	of	of	ADP
ejge-10225	311	17	sentiment	sentiment	NOUN
ejge-10225	311	18	on	on	ADP
ejge-10225	311	19	sector	sector	NOUN
ejge-10225	311	20	-	-	PUNCT
ejge-10225	311	21	based	base	VERB
ejge-10225	311	22	etf	etf	NOUN
ejge-10225	311	23	returns	return	NOUN
ejge-10225	311	24	.	.	PUNCT
ejge-10225	312	1	the	the	DET
ejge-10225	312	2	findings	finding	NOUN
ejge-10225	312	3	reveal	reveal	VERB
ejge-10225	312	4	that	that	SCONJ
ejge-10225	312	5	the	the	DET
ejge-10225	312	6	relationship	relationship	NOUN
ejge-10225	312	7	between	between	ADP
ejge-10225	312	8	investor	investor	NOUN
ejge-10225	312	9	sentiment	sentiment	NOUN
ejge-10225	312	10	and	and	CCONJ
ejge-10225	312	11	180	180	NUM
ejge-10225	312	12	pavlo	pavlo	NOUN
ejge-10225	312	13	dziuba	dziuba	PROPN
ejge-10225	312	14	et	et	PROPN
ejge-10225	312	15	al	al	PROPN
ejge-10225	312	16	.	.	PROPN
ejge-10225	312	17	etf	etf	NOUN
ejge-10225	312	18	performance	performance	NOUN
ejge-10225	312	19	varies	vary	VERB
ejge-10225	312	20	significantly	significantly	ADV
ejge-10225	312	21	across	across	ADP
ejge-10225	312	22	sectors	sector	NOUN
ejge-10225	312	23	.	.	PUNCT
ejge-10225	313	1	sectors	sector	NOUN
ejge-10225	313	2	that	that	PRON
ejge-10225	313	3	are	be	AUX
ejge-10225	313	4	more	more	ADV
ejge-10225	313	5	sensitive	sensitive	ADJ
ejge-10225	313	6	to	to	ADP
ejge-10225	313	7	consumer	consumer	NOUN
ejge-10225	313	8	spending	spending	NOUN
ejge-10225	313	9	,	,	PUNCT
ejge-10225	313	10	such	such	ADJ
ejge-10225	313	11	as	as	ADP
ejge-10225	313	12	retail	retail	ADJ
ejge-10225	313	13	and	and	CCONJ
ejge-10225	313	14	consumer	consumer	NOUN
ejge-10225	313	15	goods	good	NOUN
ejge-10225	313	16	,	,	PUNCT
ejge-10225	313	17	demonstrate	demonstrate	VERB
ejge-10225	313	18	a	a	DET
ejge-10225	313	19	stronger	strong	ADJ
ejge-10225	313	20	positive	positive	ADJ
ejge-10225	313	21	correlation	correlation	NOUN
ejge-10225	313	22	between	between	ADP
ejge-10225	313	23	sentiment	sentiment	NOUN
ejge-10225	313	24	and	and	CCONJ
ejge-10225	313	25	etf	etf	NOUN
ejge-10225	313	26	returns	return	NOUN
ejge-10225	313	27	.	.	PUNCT
ejge-10225	314	1	conversely	conversely	ADV
ejge-10225	314	2	,	,	PUNCT
ejge-10225	314	3	sectors	sector	NOUN
ejge-10225	314	4	influenced	influence	VERB
ejge-10225	314	5	by	by	ADP
ejge-10225	314	6	macroeconomic	macroeconomic	ADJ
ejge-10225	314	7	factors	factor	NOUN
ejge-10225	314	8	,	,	PUNCT
ejge-10225	314	9	such	such	ADJ
ejge-10225	314	10	as	as	ADP
ejge-10225	314	11	manufacturing	manufacturing	NOUN
ejge-10225	314	12	and	and	CCONJ
ejge-10225	314	13	industrial	industrial	ADJ
ejge-10225	314	14	sectors	sector	NOUN
ejge-10225	314	15	,	,	PUNCT
ejge-10225	314	16	exhibit	exhibit	VERB
ejge-10225	314	17	a	a	DET
ejge-10225	314	18	weaker	weak	ADJ
ejge-10225	314	19	or	or	CCONJ
ejge-10225	314	20	even	even	ADV
ejge-10225	314	21	inverse	inverse	NOUN
ejge-10225	314	22	relationship	relationship	NOUN
ejge-10225	314	23	between	between	ADP
ejge-10225	314	24	sentiment	sentiment	NOUN
ejge-10225	314	25	and	and	CCONJ
ejge-10225	314	26	etf	etf	NOUN
ejge-10225	314	27	returns	return	NOUN
ejge-10225	314	28	.	.	PUNCT
ejge-10225	315	1	these	these	DET
ejge-10225	315	2	results	result	NOUN
ejge-10225	315	3	highlight	highlight	VERB
ejge-10225	315	4	the	the	DET
ejge-10225	315	5	importance	importance	NOUN
ejge-10225	315	6	of	of	ADP
ejge-10225	315	7	considering	consider	VERB
ejge-10225	315	8	sector	sector	NOUN
ejge-10225	315	9	-	-	PUNCT
ejge-10225	315	10	specific	specific	ADJ
ejge-10225	315	11	dynamics	dynamic	NOUN
ejge-10225	315	12	when	when	SCONJ
ejge-10225	315	13	analysing	analyse	VERB
ejge-10225	315	14	the	the	DET
ejge-10225	315	15	impact	impact	NOUN
ejge-10225	315	16	of	of	ADP
ejge-10225	315	17	investor	investor	NOUN
ejge-10225	315	18	sentiment	sentiment	NOUN
ejge-10225	315	19	on	on	ADP
ejge-10225	315	20	etf	etf	NOUN
ejge-10225	315	21	performance	performance	NOUN
ejge-10225	315	22	.	.	PUNCT
ejge-10225	316	1	fang	fang	PROPN
ejge-10225	316	2	et	et	PROPN
ejge-10225	316	3	al	al	PROPN
ejge-10225	316	4	.	.	PROPN
ejge-10225	316	5	(	(	PUNCT
ejge-10225	316	6	2021	2021	NUM
ejge-10225	316	7	)	)	PUNCT
ejge-10225	316	8	adopt	adopt	VERB
ejge-10225	316	9	a	a	DET
ejge-10225	316	10	cross	cross	ADJ
ejge-10225	316	11	-	-	ADJ
ejge-10225	316	12	country	country	ADJ
ejge-10225	316	13	perspective	perspective	NOUN
ejge-10225	316	14	to	to	PART
ejge-10225	316	15	analyse	analyse	VERB
ejge-10225	316	16	the	the	DET
ejge-10225	316	17	effects	effect	NOUN
ejge-10225	316	18	of	of	ADP
ejge-10225	316	19	investor	investor	NOUN
ejge-10225	316	20	sentiment	sentiment	NOUN
ejge-10225	316	21	on	on	ADP
ejge-10225	316	22	international	international	ADJ
ejge-10225	316	23	etf	etf	NOUN
ejge-10225	316	24	returns	return	NOUN
ejge-10225	316	25	.	.	PUNCT
ejge-10225	317	1	by	by	ADP
ejge-10225	317	2	examining	examine	VERB
ejge-10225	317	3	a	a	DET
ejge-10225	317	4	broad	broad	ADJ
ejge-10225	317	5	range	range	NOUN
ejge-10225	317	6	of	of	ADP
ejge-10225	317	7	etfs	etfs	PROPN
ejge-10225	317	8	across	across	ADP
ejge-10225	317	9	different	different	ADJ
ejge-10225	317	10	countries	country	NOUN
ejge-10225	317	11	and	and	CCONJ
ejge-10225	317	12	regions	region	NOUN
ejge-10225	317	13	,	,	PUNCT
ejge-10225	317	14	the	the	DET
ejge-10225	317	15	authors	author	NOUN
ejge-10225	317	16	investigate	investigate	VERB
ejge-10225	317	17	how	how	SCONJ
ejge-10225	317	18	local	local	ADJ
ejge-10225	317	19	and	and	CCONJ
ejge-10225	317	20	global	global	ADJ
ejge-10225	317	21	investor	investor	NOUN
ejge-10225	317	22	sentiment	sentiment	NOUN
ejge-10225	317	23	interact	interact	VERB
ejge-10225	317	24	to	to	PART
ejge-10225	317	25	shape	shape	VERB
ejge-10225	317	26	etf	etf	NOUN
ejge-10225	317	27	performance	performance	NOUN
ejge-10225	317	28	.	.	PUNCT
ejge-10225	318	1	the	the	DET
ejge-10225	318	2	findings	finding	NOUN
ejge-10225	318	3	suggest	suggest	VERB
ejge-10225	318	4	that	that	SCONJ
ejge-10225	318	5	the	the	DET
ejge-10225	318	6	impact	impact	NOUN
ejge-10225	318	7	of	of	ADP
ejge-10225	318	8	investor	investor	NOUN
ejge-10225	318	9	sentiment	sentiment	NOUN
ejge-10225	318	10	on	on	ADP
ejge-10225	318	11	etf	etf	NOUN
ejge-10225	318	12	returns	return	NOUN
ejge-10225	318	13	is	be	AUX
ejge-10225	318	14	influenced	influence	VERB
ejge-10225	318	15	by	by	ADP
ejge-10225	318	16	both	both	CCONJ
ejge-10225	318	17	local	local	ADJ
ejge-10225	318	18	and	and	CCONJ
ejge-10225	318	19	global	global	ADJ
ejge-10225	318	20	sentiment	sentiment	NOUN
ejge-10225	318	21	factors	factor	NOUN
ejge-10225	318	22	.	.	PUNCT
ejge-10225	319	1	in	in	ADP
ejge-10225	319	2	regions	region	NOUN
ejge-10225	319	3	where	where	SCONJ
ejge-10225	319	4	local	local	ADJ
ejge-10225	319	5	sentiment	sentiment	NOUN
ejge-10225	319	6	aligns	align	VERB
ejge-10225	319	7	with	with	ADP
ejge-10225	319	8	global	global	ADJ
ejge-10225	319	9	sentiment	sentiment	NOUN
ejge-10225	319	10	,	,	PUNCT
ejge-10225	319	11	the	the	DET
ejge-10225	319	12	effect	effect	NOUN
ejge-10225	319	13	on	on	ADP
ejge-10225	319	14	etf	etf	NOUN
ejge-10225	319	15	returns	return	NOUN
ejge-10225	319	16	is	be	AUX
ejge-10225	319	17	amplified	amplify	VERB
ejge-10225	319	18	.	.	PUNCT
ejge-10225	320	1	conversely	conversely	ADV
ejge-10225	320	2	,	,	PUNCT
ejge-10225	320	3	in	in	ADP
ejge-10225	320	4	regions	region	NOUN
ejge-10225	320	5	where	where	SCONJ
ejge-10225	320	6	local	local	ADJ
ejge-10225	320	7	sentiment	sentiment	NOUN
ejge-10225	320	8	diverges	diverge	VERB
ejge-10225	320	9	from	from	ADP
ejge-10225	320	10	global	global	ADJ
ejge-10225	320	11	sentiment	sentiment	NOUN
ejge-10225	320	12	,	,	PUNCT
ejge-10225	320	13	the	the	DET
ejge-10225	320	14	impact	impact	NOUN
ejge-10225	320	15	on	on	ADP
ejge-10225	320	16	etf	etf	NOUN
ejge-10225	320	17	returns	return	NOUN
ejge-10225	320	18	is	be	AUX
ejge-10225	320	19	attenuated	attenuate	VERB
ejge-10225	320	20	or	or	CCONJ
ejge-10225	320	21	even	even	ADV
ejge-10225	320	22	reversed	reverse	VERB
ejge-10225	320	23	.	.	PUNCT
ejge-10225	321	1	this	this	DET
ejge-10225	321	2	analysis	analysis	NOUN
ejge-10225	321	3	highlights	highlight	VERB
ejge-10225	321	4	the	the	DET
ejge-10225	321	5	significance	significance	NOUN
ejge-10225	321	6	of	of	ADP
ejge-10225	321	7	considering	consider	VERB
ejge-10225	321	8	both	both	CCONJ
ejge-10225	321	9	local	local	ADJ
ejge-10225	321	10	and	and	CCONJ
ejge-10225	321	11	global	global	ADJ
ejge-10225	321	12	sentiment	sentiment	NOUN
ejge-10225	321	13	factors	factor	NOUN
ejge-10225	321	14	when	when	SCONJ
ejge-10225	321	15	assessing	assess	VERB
ejge-10225	321	16	the	the	DET
ejge-10225	321	17	relationship	relationship	NOUN
ejge-10225	321	18	between	between	ADP
ejge-10225	321	19	investor	investor	NOUN
ejge-10225	321	20	sentiment	sentiment	NOUN
ejge-10225	321	21	and	and	CCONJ
ejge-10225	321	22	international	international	ADJ
ejge-10225	321	23	etf	etf	NOUN
ejge-10225	321	24	returns	return	NOUN
ejge-10225	321	25	.	.	PUNCT
ejge-10225	322	1	overall	overall	ADV
ejge-10225	322	2	,	,	PUNCT
ejge-10225	322	3	the	the	DET
ejge-10225	322	4	researchers	researcher	NOUN
ejge-10225	322	5	underscore	underscore	VERB
ejge-10225	322	6	the	the	DET
ejge-10225	322	7	complex	complex	ADJ
ejge-10225	322	8	and	and	CCONJ
ejge-10225	322	9	multifaceted	multifaceted	ADJ
ejge-10225	322	10	nature	nature	NOUN
ejge-10225	322	11	of	of	ADP
ejge-10225	322	12	the	the	DET
ejge-10225	322	13	relationship	relationship	NOUN
ejge-10225	322	14	between	between	ADP
ejge-10225	322	15	investor	investor	NOUN
ejge-10225	322	16	sentiment	sentiment	NOUN
ejge-10225	322	17	and	and	CCONJ
ejge-10225	322	18	etf	etf	NOUN
ejge-10225	322	19	returns	return	NOUN
ejge-10225	322	20	.	.	PUNCT
ejge-10225	323	1	these	these	DET
ejge-10225	323	2	findings	finding	NOUN
ejge-10225	323	3	offer	offer	VERB
ejge-10225	323	4	valuable	valuable	ADJ
ejge-10225	323	5	insights	insight	NOUN
ejge-10225	323	6	for	for	ADP
ejge-10225	323	7	investors	investor	NOUN
ejge-10225	323	8	and	and	CCONJ
ejge-10225	323	9	traders	trader	NOUN
ejge-10225	323	10	,	,	PUNCT
ejge-10225	323	11	enabling	enable	VERB
ejge-10225	323	12	them	they	PRON
ejge-10225	323	13	to	to	PART
ejge-10225	323	14	make	make	VERB
ejge-10225	323	15	more	more	ADV
ejge-10225	323	16	informed	informed	ADJ
ejge-10225	323	17	decisions	decision	NOUN
ejge-10225	323	18	by	by	ADP
ejge-10225	323	19	considering	consider	VERB
ejge-10225	323	20	specific	specific	ADJ
ejge-10225	323	21	factors	factor	NOUN
ejge-10225	323	22	and	and	CCONJ
ejge-10225	323	23	conditions	condition	NOUN
ejge-10225	323	24	that	that	PRON
ejge-10225	323	25	shape	shape	VERB
ejge-10225	323	26	the	the	DET
ejge-10225	323	27	impact	impact	NOUN
ejge-10225	323	28	of	of	ADP
ejge-10225	323	29	investor	investor	NOUN
ejge-10225	323	30	sentiment	sentiment	NOUN
ejge-10225	323	31	on	on	ADP
ejge-10225	323	32	etf	etf	NOUN
ejge-10225	323	33	performance	performance	NOUN
ejge-10225	323	34	.	.	PUNCT
ejge-10225	324	1	by	by	ADP
ejge-10225	324	2	leveraging	leverage	VERB
ejge-10225	324	3	such	such	ADJ
ejge-10225	324	4	knowledge	knowledge	NOUN
ejge-10225	324	5	,	,	PUNCT
ejge-10225	324	6	market	market	NOUN
ejge-10225	324	7	participants	participant	NOUN
ejge-10225	324	8	can	can	AUX
ejge-10225	324	9	enhance	enhance	VERB
ejge-10225	324	10	their	their	PRON
ejge-10225	324	11	investment	investment	NOUN
ejge-10225	324	12	strategies	strategy	NOUN
ejge-10225	324	13	and	and	CCONJ
ejge-10225	324	14	navigate	navigate	VERB
ejge-10225	324	15	the	the	DET
ejge-10225	324	16	dynamic	dynamic	ADJ
ejge-10225	324	17	landscape	landscape	NOUN
ejge-10225	324	18	of	of	ADP
ejge-10225	324	19	etfs	etfs	PROPN
ejge-10225	324	20	more	more	ADV
ejge-10225	324	21	effectively	effectively	ADV
ejge-10225	324	22	.	.	PUNCT
ejge-10225	325	1	the	the	DET
ejge-10225	325	2	authors	author	NOUN
ejge-10225	325	3	highlight	highlight	VERB
ejge-10225	325	4	the	the	DET
ejge-10225	325	5	importance	importance	NOUN
ejge-10225	325	6	of	of	ADP
ejge-10225	325	7	considering	consider	VERB
ejge-10225	325	8	other	other	ADJ
ejge-10225	325	9	factors	factor	NOUN
ejge-10225	325	10	when	when	SCONJ
ejge-10225	325	11	analysing	analyse	VERB
ejge-10225	325	12	etf	etf	NOUN
ejge-10225	325	13	pricing	pricing	NOUN
ejge-10225	325	14	.	.	PUNCT
ejge-10225	326	1	factors	factor	NOUN
ejge-10225	326	2	such	such	ADJ
ejge-10225	326	3	as	as	ADP
ejge-10225	326	4	financial	financial	ADJ
ejge-10225	326	5	stability	stability	NOUN
ejge-10225	326	6	,	,	PUNCT
ejge-10225	326	7	government	government	NOUN
ejge-10225	326	8	regulations	regulation	NOUN
ejge-10225	326	9	,	,	PUNCT
ejge-10225	326	10	and	and	CCONJ
ejge-10225	326	11	marketspecific	marketspecific	ADJ
ejge-10225	326	12	factors	factor	NOUN
ejge-10225	326	13	may	may	AUX
ejge-10225	326	14	also	also	ADV
ejge-10225	326	15	exert	exert	VERB
ejge-10225	326	16	an	an	DET
ejge-10225	326	17	influence	influence	NOUN
ejge-10225	326	18	on	on	ADP
ejge-10225	326	19	etf	etf	NOUN
ejge-10225	326	20	prices	price	NOUN
ejge-10225	326	21	.	.	PUNCT
ejge-10225	327	1	these	these	DET
ejge-10225	327	2	additional	additional	ADJ
ejge-10225	327	3	factors	factor	NOUN
ejge-10225	327	4	may	may	AUX
ejge-10225	327	5	explain	explain	VERB
ejge-10225	327	6	the	the	DET
ejge-10225	327	7	remaining	remain	VERB
ejge-10225	327	8	variation	variation	NOUN
ejge-10225	327	9	in	in	ADP
ejge-10225	327	10	etf	etf	NOUN
ejge-10225	327	11	pricing	pricing	NOUN
ejge-10225	327	12	that	that	PRON
ejge-10225	327	13	is	be	AUX
ejge-10225	327	14	not	not	PART
ejge-10225	327	15	accounted	account	VERB
ejge-10225	327	16	for	for	ADP
ejge-10225	327	17	by	by	ADP
ejge-10225	327	18	consumer	consumer	NOUN
ejge-10225	327	19	confidence	confidence	NOUN
ejge-10225	327	20	alone	alone	ADV
ejge-10225	327	21	.	.	PUNCT
ejge-10225	328	1	therefore	therefore	ADV
ejge-10225	328	2	,	,	PUNCT
ejge-10225	328	3	while	while	SCONJ
ejge-10225	328	4	consumer	consumer	NOUN
ejge-10225	328	5	confidence	confidence	NOUN
ejge-10225	328	6	is	be	AUX
ejge-10225	328	7	an	an	DET
ejge-10225	328	8	important	important	ADJ
ejge-10225	328	9	aspect	aspect	NOUN
ejge-10225	328	10	to	to	PART
ejge-10225	328	11	consider	consider	VERB
ejge-10225	328	12	,	,	PUNCT
ejge-10225	328	13	it	it	PRON
ejge-10225	328	14	should	should	AUX
ejge-10225	328	15	not	not	PART
ejge-10225	328	16	be	be	AUX
ejge-10225	328	17	the	the	DET
ejge-10225	328	18	sole	sole	ADJ
ejge-10225	328	19	focus	focus	NOUN
ejge-10225	328	20	when	when	SCONJ
ejge-10225	328	21	assessing	assess	VERB
ejge-10225	328	22	etf	etf	NOUN
ejge-10225	328	23	pricing	pricing	NOUN
ejge-10225	328	24	dynamics	dynamic	NOUN
ejge-10225	328	25	.	.	PUNCT
ejge-10225	329	1	it	it	PRON
ejge-10225	329	2	is	be	AUX
ejge-10225	329	3	worth	worth	ADJ
ejge-10225	329	4	noting	note	VERB
ejge-10225	329	5	that	that	SCONJ
ejge-10225	329	6	this	this	DET
ejge-10225	329	7	study	study	NOUN
ejge-10225	329	8	has	have	VERB
ejge-10225	329	9	its	its	PRON
ejge-10225	329	10	limitations	limitation	NOUN
ejge-10225	329	11	.	.	PUNCT
ejge-10225	330	1	the	the	DET
ejge-10225	330	2	analysis	analysis	NOUN
ejge-10225	330	3	relies	rely	VERB
ejge-10225	330	4	on	on	ADP
ejge-10225	330	5	panel	panel	NOUN
ejge-10225	330	6	data	datum	NOUN
ejge-10225	330	7	and	and	CCONJ
ejge-10225	330	8	other	other	ADJ
ejge-10225	330	9	methods	method	NOUN
ejge-10225	330	10	,	,	PUNCT
ejge-10225	330	11	which	which	PRON
ejge-10225	330	12	have	have	VERB
ejge-10225	330	13	inherent	inherent	ADJ
ejge-10225	330	14	limitations	limitation	NOUN
ejge-10225	330	15	and	and	CCONJ
ejge-10225	330	16	may	may	AUX
ejge-10225	330	17	not	not	PART
ejge-10225	330	18	capture	capture	VERB
ejge-10225	330	19	the	the	DET
ejge-10225	330	20	full	full	ADJ
ejge-10225	330	21	complexity	complexity	NOUN
ejge-10225	330	22	of	of	ADP
ejge-10225	330	23	the	the	DET
ejge-10225	330	24	relationship	relationship	NOUN
ejge-10225	330	25	between	between	ADP
ejge-10225	330	26	investor	investor	NOUN
ejge-10225	330	27	sentiment	sentiment	NOUN
ejge-10225	330	28	and	and	CCONJ
ejge-10225	330	29	etf	etf	NOUN
ejge-10225	330	30	pricing	pricing	NOUN
ejge-10225	330	31	.	.	PUNCT
ejge-10225	331	1	additionally	additionally	ADV
ejge-10225	331	2	,	,	PUNCT
ejge-10225	331	3	the	the	DET
ejge-10225	331	4	study	study	NOUN
ejge-10225	331	5	focuses	focus	VERB
ejge-10225	331	6	on	on	ADP
ejge-10225	331	7	the	the	DET
ejge-10225	331	8	european	european	ADJ
ejge-10225	331	9	etf	etf	NOUN
ejge-10225	331	10	market	market	NOUN
ejge-10225	331	11	and	and	CCONJ
ejge-10225	331	12	may	may	AUX
ejge-10225	331	13	not	not	PART
ejge-10225	331	14	be	be	AUX
ejge-10225	331	15	fully	fully	ADV
ejge-10225	331	16	generalisable	generalisable	ADJ
ejge-10225	331	17	to	to	ADP
ejge-10225	331	18	other	other	ADJ
ejge-10225	331	19	regions	region	NOUN
ejge-10225	331	20	or	or	CCONJ
ejge-10225	331	21	asset	asset	NOUN
ejge-10225	331	22	classes	class	NOUN
ejge-10225	331	23	.	.	PUNCT
ejge-10225	332	1	6	6	X
ejge-10225	332	2	.	.	PUNCT
ejge-10225	332	3	conclusions	conclusion	NOUN
ejge-10225	332	4	this	this	DET
ejge-10225	332	5	paper	paper	NOUN
ejge-10225	332	6	is	be	AUX
ejge-10225	332	7	devoted	devote	VERB
ejge-10225	332	8	to	to	ADP
ejge-10225	332	9	the	the	DET
ejge-10225	332	10	analysis	analysis	NOUN
ejge-10225	332	11	of	of	ADP
ejge-10225	332	12	the	the	DET
ejge-10225	332	13	relationship	relationship	NOUN
ejge-10225	332	14	between	between	ADP
ejge-10225	332	15	investor	investor	NOUN
ejge-10225	332	16	sentiment	sentiment	NOUN
ejge-10225	332	17	in	in	ADP
ejge-10225	332	18	the	the	DET
ejge-10225	332	19	form	form	NOUN
ejge-10225	332	20	of	of	ADP
ejge-10225	332	21	a	a	DET
ejge-10225	332	22	cci	cci	NOUN
ejge-10225	332	23	and	and	CCONJ
ejge-10225	332	24	the	the	DET
ejge-10225	332	25	european	european	ADJ
ejge-10225	332	26	etf	etf	NOUN
ejge-10225	332	27	market	market	NOUN
ejge-10225	332	28	.	.	PUNCT
ejge-10225	333	1	the	the	DET
ejge-10225	333	2	results	result	NOUN
ejge-10225	333	3	of	of	ADP
ejge-10225	333	4	the	the	DET
ejge-10225	333	5	panel	panel	NOUN
ejge-10225	333	6	data	data	VERB
ejge-10225	333	7	analysis	analysis	NOUN
ejge-10225	333	8	demonstrate	demonstrate	VERB
ejge-10225	333	9	that	that	SCONJ
ejge-10225	333	10	consumer	consumer	NOUN
ejge-10225	333	11	confidence	confidence	NOUN
ejge-10225	333	12	has	have	VERB
ejge-10225	333	13	a	a	DET
ejge-10225	333	14	significant	significant	ADJ
ejge-10225	333	15	negative	negative	ADJ
ejge-10225	333	16	effect	effect	NOUN
ejge-10225	333	17	on	on	ADP
ejge-10225	333	18	etf	etf	NOUN
ejge-10225	333	19	pricing	pricing	NOUN
ejge-10225	333	20	,	,	PUNCT
ejge-10225	333	21	with	with	ADP
ejge-10225	333	22	a	a	DET
ejge-10225	333	23	beta	beta	NOUN
ejge-10225	333	24	of	of	ADP
ejge-10225	333	25	-0.491	-0.491	NOUN
ejge-10225	333	26	and	and	CCONJ
ejge-10225	333	27	p<0.01	p<0.01	PROPN
ejge-10225	333	28	.	.	PUNCT
ejge-10225	334	1	the	the	DET
ejge-10225	334	2	rsquared	rsquared	ADJ
ejge-10225	334	3	values	value	NOUN
ejge-10225	334	4	are	be	AUX
ejge-10225	334	5	low	low	ADJ
ejge-10225	334	6	(	(	PUNCT
ejge-10225	334	7	0.011	0.011	NUM
ejge-10225	334	8	)	)	PUNCT
ejge-10225	334	9	,	,	PUNCT
ejge-10225	334	10	indicating	indicate	VERB
ejge-10225	334	11	that	that	SCONJ
ejge-10225	334	12	levels	level	NOUN
ejge-10225	334	13	of	of	ADP
ejge-10225	334	14	consumer	consumer	NOUN
ejge-10225	334	15	confidence	confidence	NOUN
ejge-10225	334	16	explain	explain	VERB
ejge-10225	334	17	only	only	ADV
ejge-10225	334	18	a	a	DET
ejge-10225	334	19	small	small	ADJ
ejge-10225	334	20	portion	portion	NOUN
ejge-10225	334	21	of	of	ADP
ejge-10225	334	22	the	the	DET
ejge-10225	334	23	variation	variation	NOUN
ejge-10225	334	24	in	in	ADP
ejge-10225	334	25	etf	etf	NOUN
ejge-10225	334	26	prices	price	NOUN
ejge-10225	334	27	.	.	PUNCT
ejge-10225	335	1	this	this	PRON
ejge-10225	335	2	suggests	suggest	VERB
ejge-10225	335	3	that	that	SCONJ
ejge-10225	335	4	other	other	ADJ
ejge-10225	335	5	factors	factor	NOUN
ejge-10225	335	6	may	may	AUX
ejge-10225	335	7	influence	influence	VERB
ejge-10225	335	8	etf	etf	NOUN
ejge-10225	335	9	prices	price	NOUN
ejge-10225	335	10	.	.	PUNCT
ejge-10225	336	1	having	having	AUX
ejge-10225	336	2	regard	regard	NOUN
ejge-10225	336	3	to	to	ADP
ejge-10225	336	4	the	the	DET
ejge-10225	336	5	previous	previous	ADJ
ejge-10225	336	6	studies	study	NOUN
ejge-10225	336	7	,	,	PUNCT
ejge-10225	336	8	such	such	ADJ
ejge-10225	336	9	factors	factor	NOUN
ejge-10225	336	10	may	may	AUX
ejge-10225	336	11	include	include	VERB
ejge-10225	336	12	financial	financial	ADJ
ejge-10225	336	13	stability	stability	NOUN
ejge-10225	336	14	,	,	PUNCT
ejge-10225	336	15	government	government	NOUN
ejge-10225	336	16	regulations	regulation	NOUN
ejge-10225	336	17	,	,	PUNCT
ejge-10225	336	18	political	political	ADJ
ejge-10225	336	19	instability	instability	NOUN
ejge-10225	336	20	,	,	PUNCT
ejge-10225	336	21	or	or	CCONJ
ejge-10225	336	22	other	other	ADJ
ejge-10225	336	23	market	market	NOUN
ejge-10225	336	24	developments	development	NOUN
ejge-10225	336	25	.	.	PUNCT
ejge-10225	337	1	the	the	DET
ejge-10225	337	2	results	result	NOUN
ejge-10225	337	3	of	of	ADP
ejge-10225	337	4	the	the	DET
ejge-10225	337	5	panel	panel	NOUN
ejge-10225	337	6	analysis	analysis	NOUN
ejge-10225	337	7	do	do	AUX
ejge-10225	337	8	not	not	PART
ejge-10225	337	9	provide	provide	VERB
ejge-10225	337	10	evidence	evidence	NOUN
ejge-10225	337	11	in	in	ADP
ejge-10225	337	12	support	support	NOUN
ejge-10225	337	13	of	of	ADP
ejge-10225	337	14	this	this	DET
ejge-10225	337	15	hypothesis	hypothesis	NOUN
ejge-10225	337	16	.	.	PUNCT
ejge-10225	338	1	investor	investor	NOUN
ejge-10225	338	2	sentiment	sentiment	NOUN
ejge-10225	338	3	and	and	CCONJ
ejge-10225	338	4	euro	euro	PROPN
ejge-10225	338	5	area	area	NOUN
ejge-10225	338	6	etfs	etfs	PROPN
ejge-10225	338	7	the	the	DET
ejge-10225	338	8	correlation	correlation	NOUN
ejge-10225	338	9	coefficient	coefficient	NOUN
ejge-10225	338	10	of	of	ADP
ejge-10225	338	11	0.223	0.223	NUM
ejge-10225	338	12	indicates	indicate	VERB
ejge-10225	338	13	a	a	DET
ejge-10225	338	14	weak	weak	ADJ
ejge-10225	338	15	positive	positive	ADJ
ejge-10225	338	16	correlation	correlation	NOUN
ejge-10225	338	17	between	between	ADP
ejge-10225	338	18	the	the	DET
ejge-10225	338	19	two	two	NUM
ejge-10225	338	20	variables	variable	NOUN
ejge-10225	338	21	,	,	PUNCT
ejge-10225	338	22	so	so	SCONJ
ejge-10225	338	23	the	the	DET
ejge-10225	338	24	two	two	NUM
ejge-10225	338	25	variables	variable	NOUN
ejge-10225	338	26	may	may	AUX
ejge-10225	338	27	increase	increase	VERB
ejge-10225	338	28	or	or	CCONJ
ejge-10225	338	29	decrease	decrease	VERB
ejge-10225	338	30	together	together	ADV
ejge-10225	338	31	,	,	PUNCT
ejge-10225	338	32	but	but	CCONJ
ejge-10225	338	33	the	the	DET
ejge-10225	338	34	strength	strength	NOUN
ejge-10225	338	35	of	of	ADP
ejge-10225	338	36	this	this	DET
ejge-10225	338	37	relationship	relationship	NOUN
ejge-10225	338	38	is	be	AUX
ejge-10225	338	39	relatively	relatively	ADV
ejge-10225	338	40	weak	weak	ADJ
ejge-10225	338	41	.	.	PUNCT
ejge-10225	339	1	the	the	DET
ejge-10225	339	2	regression	regression	NOUN
ejge-10225	339	3	analysis	analysis	NOUN
ejge-10225	339	4	results	result	NOUN
ejge-10225	339	5	show	show	VERB
ejge-10225	339	6	a	a	DET
ejge-10225	339	7	weak	weak	ADJ
ejge-10225	339	8	positive	positive	ADJ
ejge-10225	339	9	relationship	relationship	NOUN
ejge-10225	339	10	between	between	ADP
ejge-10225	339	11	the	the	DET
ejge-10225	339	12	two	two	NUM
ejge-10225	339	13	variables	variable	NOUN
ejge-10225	339	14	,	,	PUNCT
ejge-10225	339	15	with	with	SCONJ
ejge-10225	339	16	each	each	DET
ejge-10225	339	17	unit	unit	NOUN
ejge-10225	339	18	increase	increase	VERB
ejge-10225	339	19	in	in	ADP
ejge-10225	339	20	the	the	DET
ejge-10225	339	21	cci	cci	NOUN
ejge-10225	339	22	leading	lead	VERB
ejge-10225	339	23	to	to	ADP
ejge-10225	339	24	an	an	DET
ejge-10225	339	25	expected	expect	VERB
ejge-10225	339	26	increase	increase	NOUN
ejge-10225	339	27	of	of	ADP
ejge-10225	339	28	0.6091	0.6091	NUM
ejge-10225	339	29	units	unit	NOUN
ejge-10225	339	30	in	in	ADP
ejge-10225	339	31	etf	etf	NOUN
ejge-10225	339	32	prices	price	NOUN
ejge-10225	339	33	.	.	PUNCT
ejge-10225	340	1	the	the	DET
ejge-10225	340	2	p	p	NOUN
ejge-10225	340	3	-	-	PUNCT
ejge-10225	340	4	value	value	NOUN
ejge-10225	340	5	of	of	ADP
ejge-10225	340	6	the	the	DET
ejge-10225	340	7	independent	independent	ADJ
ejge-10225	340	8	variable	variable	NOUN
ejge-10225	340	9	is	be	AUX
ejge-10225	340	10	less	less	ADJ
ejge-10225	340	11	than	than	ADP
ejge-10225	340	12	0.05	0.05	NUM
ejge-10225	340	13	,	,	PUNCT
ejge-10225	340	14	indicating	indicate	VERB
ejge-10225	340	15	a	a	DET
ejge-10225	340	16	significant	significant	ADJ
ejge-10225	340	17	relationship	relationship	NOUN
ejge-10225	340	18	.	.	PUNCT
ejge-10225	341	1	the	the	DET
ejge-10225	341	2	adjusted	adjusted	ADJ
ejge-10225	341	3	r	r	NOUN
ejge-10225	341	4	-	-	PUNCT
ejge-10225	341	5	squared	square	VERB
ejge-10225	341	6	value	value	NOUN
ejge-10225	341	7	of	of	ADP
ejge-10225	341	8	0.03983	0.03983	NUM
ejge-10225	341	9	suggests	suggest	VERB
ejge-10225	341	10	that	that	SCONJ
ejge-10225	341	11	only	only	ADV
ejge-10225	341	12	3.98	3.98	NUM
ejge-10225	341	13	%	%	NOUN
ejge-10225	341	14	of	of	ADP
ejge-10225	341	15	the	the	DET
ejge-10225	341	16	variation	variation	NOUN
ejge-10225	341	17	in	in	ADP
ejge-10225	341	18	etf	etf	NOUN
ejge-10225	341	19	prices	price	NOUN
ejge-10225	341	20	can	can	AUX
ejge-10225	341	21	be	be	AUX
ejge-10225	341	22	explained	explain	VERB
ejge-10225	341	23	by	by	ADP
ejge-10225	341	24	changes	change	NOUN
ejge-10225	341	25	in	in	ADP
ejge-10225	341	26	the	the	DET
ejge-10225	341	27	cci	cci	NOUN
ejge-10225	341	28	.	.	PUNCT
ejge-10225	342	1	the	the	DET
ejge-10225	342	2	granger	granger	PROPN
ejge-10225	342	3	causality	causality	PROPN
ejge-10225	342	4	test	test	NOUN
ejge-10225	342	5	results	result	NOUN
ejge-10225	342	6	indicate	indicate	VERB
ejge-10225	342	7	that	that	SCONJ
ejge-10225	342	8	there	there	PRON
ejge-10225	342	9	is	be	VERB
ejge-10225	342	10	no	no	DET
ejge-10225	342	11	evidence	evidence	NOUN
ejge-10225	342	12	of	of	ADP
ejge-10225	342	13	granger	granger	PROPN
ejge-10225	342	14	causality	causality	NOUN
ejge-10225	342	15	between	between	ADP
ejge-10225	342	16	the	the	DET
ejge-10225	342	17	two	two	NUM
ejge-10225	342	18	variables	variable	NOUN
ejge-10225	342	19	.	.	PUNCT
ejge-10225	343	1	this	this	PRON
ejge-10225	343	2	means	mean	VERB
ejge-10225	343	3	that	that	SCONJ
ejge-10225	343	4	lagged	lag	VERB
ejge-10225	343	5	values	value	NOUN
ejge-10225	343	6	of	of	ADP
ejge-10225	343	7	the	the	DET
ejge-10225	343	8	cci	cci	NOUN
ejge-10225	343	9	do	do	AUX
ejge-10225	343	10	not	not	PART
ejge-10225	343	11	predict	predict	VERB
ejge-10225	343	12	changes	change	NOUN
ejge-10225	343	13	in	in	ADP
ejge-10225	343	14	the	the	DET
ejge-10225	343	15	ishares	ishares	NOUN
ejge-10225	343	16	msci	msci	PROPN
ejge-10225	343	17	eurozone	eurozone	PROPN
ejge-10225	343	18	etf	etf	NOUN
ejge-10225	343	19	prices	price	NOUN
ejge-10225	343	20	,	,	PUNCT
ejge-10225	343	21	and	and	CCONJ
ejge-10225	343	22	lagged	lag	VERB
ejge-10225	343	23	values	value	NOUN
ejge-10225	343	24	of	of	ADP
ejge-10225	343	25	the	the	DET
ejge-10225	343	26	etf	etf	NOUN
ejge-10225	343	27	prices	price	NOUN
ejge-10225	343	28	do	do	AUX
ejge-10225	343	29	not	not	PART
ejge-10225	343	30	predict	predict	VERB
ejge-10225	343	31	changes	change	NOUN
ejge-10225	343	32	in	in	ADP
ejge-10225	343	33	the	the	DET
ejge-10225	343	34	consumer	consumer	NOUN
ejge-10225	343	35	confidence	confidence	NOUN
ejge-10225	343	36	index	index	NOUN
ejge-10225	343	37	.	.	PUNCT
ejge-10225	344	1	the	the	DET
ejge-10225	344	2	p	p	NOUN
ejge-10225	344	3	-	-	PUNCT
ejge-10225	344	4	values	value	NOUN
ejge-10225	344	5	obtained	obtain	VERB
ejge-10225	344	6	from	from	ADP
ejge-10225	344	7	the	the	DET
ejge-10225	344	8	test	test	NOUN
ejge-10225	344	9	were	be	AUX
ejge-10225	344	10	greater	great	ADJ
ejge-10225	344	11	than	than	ADP
ejge-10225	344	12	0.05	0.05	NUM
ejge-10225	344	13	,	,	PUNCT
ejge-10225	344	14	which	which	PRON
ejge-10225	344	15	suggests	suggest	VERB
ejge-10225	344	16	that	that	SCONJ
ejge-10225	344	17	the	the	DET
ejge-10225	344	18	null	null	ADJ
ejge-10225	344	19	hypothesis	hypothesis	NOUN
ejge-10225	344	20	can	can	AUX
ejge-10225	344	21	not	not	PART
ejge-10225	344	22	be	be	AUX
ejge-10225	344	23	rejected	reject	VERB
ejge-10225	344	24	.	.	PUNCT
ejge-10225	345	1	while	while	SCONJ
ejge-10225	345	2	analysing	analyse	VERB
ejge-10225	345	3	euro	euro	PROPN
ejge-10225	345	4	area	area	PROPN
ejge-10225	345	5	etfs	etfs	PROPN
ejge-10225	345	6	,	,	PUNCT
ejge-10225	345	7	consumer	consumer	NOUN
ejge-10225	345	8	confidence	confidence	NOUN
ejge-10225	345	9	may	may	AUX
ejge-10225	345	10	be	be	AUX
ejge-10225	345	11	a	a	DET
ejge-10225	345	12	significant	significant	ADJ
ejge-10225	345	13	consideration	consideration	NOUN
ejge-10225	345	14	,	,	PUNCT
ejge-10225	345	15	but	but	CCONJ
ejge-10225	345	16	it	it	PRON
ejge-10225	345	17	should	should	AUX
ejge-10225	345	18	n’t	not	PART
ejge-10225	345	19	be	be	AUX
ejge-10225	345	20	the	the	DET
ejge-10225	345	21	only	only	ADJ
ejge-10225	345	22	one	one	NUM
ejge-10225	345	23	.	.	PUNCT
ejge-10225	346	1	aside	aside	ADV
ejge-10225	346	2	from	from	ADP
ejge-10225	346	3	the	the	DET
ejge-10225	346	4	variables	variable	NOUN
ejge-10225	346	5	listed	list	VERB
ejge-10225	346	6	above	above	ADV
ejge-10225	346	7	,	,	PUNCT
ejge-10225	346	8	investors	investor	NOUN
ejge-10225	346	9	and	and	CCONJ
ejge-10225	346	10	financial	financial	ADJ
ejge-10225	346	11	analysts	analyst	NOUN
ejge-10225	346	12	should	should	AUX
ejge-10225	346	13	also	also	ADV
ejge-10225	346	14	look	look	VERB
ejge-10225	346	15	into	into	ADP
ejge-10225	346	16	other	other	ADJ
ejge-10225	346	17	aspects	aspect	NOUN
ejge-10225	346	18	of	of	ADP
ejge-10225	346	19	the	the	DET
ejge-10225	346	20	market	market	NOUN
ejge-10225	346	21	,	,	PUNCT
ejge-10225	346	22	including	include	VERB
ejge-10225	346	23	inflation	inflation	NOUN
ejge-10225	346	24	,	,	PUNCT
ejge-10225	346	25	interest	interest	NOUN
ejge-10225	346	26	rates	rate	NOUN
ejge-10225	346	27	,	,	PUNCT
ejge-10225	346	28	government	government	NOUN
ejge-10225	346	29	laws	law	NOUN
ejge-10225	346	30	,	,	PUNCT
ejge-10225	346	31	financial	financial	ADJ
ejge-10225	346	32	stability	stability	NOUN
ejge-10225	346	33	,	,	PUNCT
ejge-10225	346	34	and	and	CCONJ
ejge-10225	346	35	market	market	NOUN
ejge-10225	346	36	dynamics	dynamic	NOUN
ejge-10225	346	37	.	.	PUNCT
ejge-10225	347	1	investors	investor	NOUN
ejge-10225	347	2	might	might	AUX
ejge-10225	347	3	potentially	potentially	ADV
ejge-10225	347	4	enhance	enhance	VERB
ejge-10225	347	5	their	their	PRON
ejge-10225	347	6	investing	investing	NOUN
ejge-10225	347	7	performance	performance	NOUN
ejge-10225	347	8	in	in	ADP
ejge-10225	347	9	the	the	DET
ejge-10225	347	10	european	european	ADJ
ejge-10225	347	11	etf	etf	NOUN
ejge-10225	347	12	market	market	NOUN
ejge-10225	347	13	by	by	ADP
ejge-10225	347	14	adopting	adopt	VERB
ejge-10225	347	15	a	a	DET
ejge-10225	347	16	more	more	ADV
ejge-10225	347	17	thorough	thorough	ADJ
ejge-10225	347	18	approach	approach	NOUN
ejge-10225	347	19	and	and	CCONJ
ejge-10225	347	20	accounting	account	VERB
ejge-10225	347	21	for	for	ADP
ejge-10225	347	22	a	a	DET
ejge-10225	347	23	wider	wide	ADJ
ejge-10225	347	24	range	range	NOUN
ejge-10225	347	25	of	of	ADP
ejge-10225	347	26	variables	variable	NOUN
ejge-10225	347	27	.	.	PUNCT
ejge-10225	348	1	it	it	PRON
ejge-10225	348	2	is	be	AUX
ejge-10225	348	3	imperative	imperative	ADJ
ejge-10225	348	4	for	for	SCONJ
ejge-10225	348	5	policymakers	policymaker	NOUN
ejge-10225	348	6	to	to	PART
ejge-10225	348	7	acknowledge	acknowledge	VERB
ejge-10225	348	8	the	the	DET
ejge-10225	348	9	intricate	intricate	ADJ
ejge-10225	348	10	correlation	correlation	NOUN
ejge-10225	348	11	between	between	ADP
ejge-10225	348	12	investor	investor	NOUN
ejge-10225	348	13	attitude	attitude	NOUN
ejge-10225	348	14	and	and	CCONJ
ejge-10225	348	15	etf	etf	NOUN
ejge-10225	348	16	pricing	pricing	NOUN
ejge-10225	348	17	.	.	PUNCT
ejge-10225	349	1	additionally	additionally	ADV
ejge-10225	349	2	,	,	PUNCT
ejge-10225	349	3	they	they	PRON
ejge-10225	349	4	should	should	AUX
ejge-10225	349	5	contemplate	contemplate	VERB
ejge-10225	349	6	the	the	DET
ejge-10225	349	7	potential	potential	ADJ
ejge-10225	349	8	impact	impact	NOUN
ejge-10225	349	9	of	of	ADP
ejge-10225	349	10	alterations	alteration	NOUN
ejge-10225	349	11	in	in	ADP
ejge-10225	349	12	consumer	consumer	NOUN
ejge-10225	349	13	confidence	confidence	NOUN
ejge-10225	349	14	and	and	CCONJ
ejge-10225	349	15	other	other	ADJ
ejge-10225	349	16	macroeconomic	macroeconomic	ADJ
ejge-10225	349	17	elements	element	NOUN
ejge-10225	349	18	on	on	ADP
ejge-10225	349	19	the	the	DET
ejge-10225	349	20	stability	stability	NOUN
ejge-10225	349	21	and	and	CCONJ
ejge-10225	349	22	growth	growth	NOUN
ejge-10225	349	23	of	of	ADP
ejge-10225	349	24	the	the	DET
ejge-10225	349	25	european	european	ADJ
ejge-10225	349	26	etf	etf	NOUN
ejge-10225	349	27	market	market	NOUN
ejge-10225	349	28	.	.	PUNCT
ejge-10225	350	1	though	though	SCONJ
ejge-10225	350	2	the	the	DET
ejge-10225	350	3	main	main	ADJ
ejge-10225	350	4	hypothesis	hypothesis	NOUN
ejge-10225	350	5	has	have	AUX
ejge-10225	350	6	not	not	PART
ejge-10225	350	7	been	be	AUX
ejge-10225	350	8	supported	support	VERB
ejge-10225	350	9	by	by	ADP
ejge-10225	350	10	the	the	DET
ejge-10225	350	11	panel	panel	NOUN
ejge-10225	350	12	analysis	analysis	NOUN
ejge-10225	350	13	results	result	NOUN
ejge-10225	350	14	,	,	PUNCT
ejge-10225	350	15	the	the	DET
ejge-10225	350	16	weak	weak	ADJ
ejge-10225	350	17	positive	positive	ADJ
ejge-10225	350	18	relationship	relationship	NOUN
ejge-10225	350	19	found	find	VERB
ejge-10225	350	20	between	between	ADP
ejge-10225	350	21	ishares	ishares	PROPN
ejge-10225	350	22	msci	msci	PROPN
ejge-10225	350	23	eurozone	eurozone	NOUN
ejge-10225	350	24	etf	etf	NOUN
ejge-10225	350	25	prices	price	NOUN
ejge-10225	350	26	and	and	CCONJ
ejge-10225	350	27	the	the	DET
ejge-10225	350	28	cci	cci	NOUN
ejge-10225	350	29	suggests	suggest	VERB
ejge-10225	350	30	that	that	SCONJ
ejge-10225	350	31	consumer	consumer	NOUN
ejge-10225	350	32	confidence	confidence	NOUN
ejge-10225	350	33	may	may	AUX
ejge-10225	350	34	still	still	ADV
ejge-10225	350	35	be	be	AUX
ejge-10225	350	36	an	an	DET
ejge-10225	350	37	important	important	ADJ
ejge-10225	350	38	factor	factor	NOUN
ejge-10225	350	39	to	to	PART
ejge-10225	350	40	consider	consider	VERB
ejge-10225	350	41	when	when	SCONJ
ejge-10225	350	42	analysing	analyse	VERB
ejge-10225	350	43	euro	euro	PROPN
ejge-10225	350	44	area	area	PROPN
ejge-10225	350	45	etfs	etfs	PROPN
ejge-10225	350	46	’	'	PUNCT
ejge-10225	350	47	pricing	pricing	NOUN
ejge-10225	350	48	,	,	PUNCT
ejge-10225	350	49	but	but	CCONJ
ejge-10225	350	50	it	it	PRON
ejge-10225	350	51	should	should	AUX
ejge-10225	350	52	not	not	PART
ejge-10225	350	53	be	be	AUX
ejge-10225	350	54	the	the	DET
ejge-10225	350	55	only	only	ADJ
ejge-10225	350	56	factor	factor	NOUN
ejge-10225	350	57	.	.	PUNCT
ejge-10225	351	1	the	the	DET
ejge-10225	351	2	granger	granger	PROPN
ejge-10225	351	3	causality	causality	PROPN
ejge-10225	351	4	test	test	NOUN
ejge-10225	351	5	also	also	ADV
ejge-10225	351	6	did	do	AUX
ejge-10225	351	7	not	not	PART
ejge-10225	351	8	provide	provide	VERB
ejge-10225	351	9	evidence	evidence	NOUN
ejge-10225	351	10	of	of	ADP
ejge-10225	351	11	a	a	DET
ejge-10225	351	12	causal	causal	ADJ
ejge-10225	351	13	relationship	relationship	NOUN
ejge-10225	351	14	between	between	ADP
ejge-10225	351	15	the	the	DET
ejge-10225	351	16	two	two	NUM
ejge-10225	351	17	variables	variable	NOUN
ejge-10225	351	18	.	.	PUNCT
ejge-10225	352	1	therefore	therefore	ADV
ejge-10225	352	2	,	,	PUNCT
ejge-10225	352	3	it	it	PRON
ejge-10225	352	4	is	be	AUX
ejge-10225	352	5	important	important	ADJ
ejge-10225	352	6	to	to	PART
ejge-10225	352	7	investigate	investigate	VERB
ejge-10225	352	8	other	other	ADJ
ejge-10225	352	9	factors	factor	NOUN
ejge-10225	352	10	that	that	PRON
ejge-10225	352	11	may	may	AUX
ejge-10225	352	12	affect	affect	VERB
ejge-10225	352	13	etf	etf	NOUN
ejge-10225	352	14	prices	price	NOUN
ejge-10225	352	15	,	,	PUNCT
ejge-10225	352	16	such	such	ADJ
ejge-10225	352	17	as	as	ADP
ejge-10225	352	18	financial	financial	ADJ
ejge-10225	352	19	stability	stability	NOUN
ejge-10225	352	20	,	,	PUNCT
ejge-10225	352	21	government	government	NOUN
ejge-10225	352	22	regulations	regulation	NOUN
ejge-10225	352	23	,	,	PUNCT
ejge-10225	352	24	interest	interest	NOUN
ejge-10225	352	25	rates	rate	NOUN
ejge-10225	352	26	,	,	PUNCT
ejge-10225	352	27	inflation	inflation	NOUN
ejge-10225	352	28	rates	rate	NOUN
ejge-10225	352	29	,	,	PUNCT
ejge-10225	352	30	or	or	CCONJ
ejge-10225	352	31	foreign	foreign	ADJ
ejge-10225	352	32	exchange	exchange	NOUN
ejge-10225	352	33	rates	rate	NOUN
ejge-10225	352	34	.	.	PUNCT
ejge-10225	353	1	references	reference	NOUN
ejge-10225	353	2	ahmed	ahmed	PROPN
ejge-10225	353	3	,	,	PUNCT
ejge-10225	353	4	b.	b.	PROPN
ejge-10225	353	5	(	(	PUNCT
ejge-10225	353	6	2020	2020	NUM
ejge-10225	353	7	)	)	PUNCT
ejge-10225	353	8	.	.	PUNCT
ejge-10225	354	1	understanding	understand	VERB
ejge-10225	354	2	the	the	DET
ejge-10225	354	3	impact	impact	NOUN
ejge-10225	354	4	of	of	ADP
ejge-10225	354	5	investor	investor	NOUN
ejge-10225	354	6	sentiment	sentiment	NOUN
ejge-10225	354	7	on	on	ADP
ejge-10225	354	8	the	the	DET
ejge-10225	354	9	price	price	NOUN
ejge-10225	354	10	formation	formation	NOUN
ejge-10225	354	11	process	process	NOUN
ejge-10225	354	12	:	:	PUNCT
ejge-10225	354	13	a	a	DET
ejge-10225	354	14	review	review	NOUN
ejge-10225	354	15	of	of	ADP
ejge-10225	354	16	the	the	DET
ejge-10225	354	17	conduct	conduct	NOUN
ejge-10225	354	18	of	of	ADP
ejge-10225	354	19	american	american	ADJ
ejge-10225	354	20	stock	stock	NOUN
ejge-10225	354	21	markets	market	NOUN
ejge-10225	354	22	.	.	PUNCT
ejge-10225	355	1	the	the	DET
ejge-10225	355	2	journal	journal	NOUN
ejge-10225	355	3	of	of	ADP
ejge-10225	355	4	economic	economic	ADJ
ejge-10225	355	5	asymmetries	asymmetry	NOUN
ejge-10225	355	6	,	,	PUNCT
ejge-10225	355	7	22	22	NUM
ejge-10225	355	8	,	,	PUNCT
ejge-10225	355	9	e00172	e00172	NOUN
ejge-10225	355	10	.	.	PUNCT
ejge-10225	355	11	https://doi.org/10.1016/j.jeca.2020.e00172	https://doi.org/10.1016/j.jeca.2020.e00172	PROPN
ejge-10225	355	12	akçay	akçay	PROPN
ejge-10225	355	13	,	,	PUNCT
ejge-10225	355	14	s.	s.	PROPN
ejge-10225	355	15	(	(	PUNCT
ejge-10225	355	16	2022	2022	NUM
ejge-10225	355	17	)	)	PUNCT
ejge-10225	355	18	.	.	PUNCT
ejge-10225	356	1	investor	investor	NOUN
ejge-10225	356	2	sentiment	sentiment	NOUN
ejge-10225	356	3	and	and	CCONJ
ejge-10225	356	4	oil	oil	NOUN
ejge-10225	356	5	prices	price	NOUN
ejge-10225	356	6	in	in	ADP
ejge-10225	356	7	the	the	DET
ejge-10225	356	8	united	united	PROPN
ejge-10225	356	9	states	states	PROPN
ejge-10225	356	10	:	:	PUNCT
ejge-10225	356	11	evidence	evidence	NOUN
ejge-10225	356	12	from	from	ADP
ejge-10225	356	13	a	a	DET
ejge-10225	356	14	time	time	NOUN
ejge-10225	356	15	-	-	PUNCT
ejge-10225	356	16	varying	vary	VERB
ejge-10225	356	17	causality	causality	NOUN
ejge-10225	356	18	test	test	NOUN
ejge-10225	356	19	.	.	PUNCT
ejge-10225	357	1	energy	energy	NOUN
ejge-10225	357	2	research	research	NOUN
ejge-10225	357	3	letters	letter	NOUN
ejge-10225	357	4	,	,	PUNCT
ejge-10225	357	5	3(2	3(2	NUM
ejge-10225	357	6	)	)	PUNCT
ejge-10225	357	7	.	.	PUNCT
ejge-10225	358	1	https://doi.org/10.46557/001c.32633	https://doi.org/10.46557/001c.32633	PROPN
ejge-10225	358	2	bahadar	bahadar	NOUN
ejge-10225	358	3	,	,	PUNCT
ejge-10225	358	4	s.	s.	PROPN
ejge-10225	358	5	,	,	PUNCT
ejge-10225	358	6	mahmood	mahmood	PROPN
ejge-10225	358	7	,	,	PUNCT
ejge-10225	358	8	h.	h.	PROPN
ejge-10225	358	9	,	,	PUNCT
ejge-10225	358	10	&	&	CCONJ
ejge-10225	358	11	zaman	zaman	PROPN
ejge-10225	358	12	,	,	PUNCT
ejge-10225	358	13	r.	r.	PROPN
ejge-10225	358	14	(	(	PUNCT
ejge-10225	358	15	2019	2019	NUM
ejge-10225	358	16	)	)	PUNCT
ejge-10225	358	17	.	.	PUNCT
ejge-10225	359	1	the	the	DET
ejge-10225	359	2	herds	herd	NOUN
ejge-10225	359	3	of	of	ADP
ejge-10225	359	4	bulls	bull	NOUN
ejge-10225	359	5	and	and	CCONJ
ejge-10225	359	6	bears	bear	NOUN
ejge-10225	359	7	in	in	ADP
ejge-10225	359	8	leveraged	leveraged	ADJ
ejge-10225	359	9	etf	etf	NOUN
ejge-10225	359	10	market	market	NOUN
ejge-10225	359	11	.	.	PUNCT
ejge-10225	360	1	journal	journal	NOUN
ejge-10225	360	2	of	of	ADP
ejge-10225	360	3	behavioral	behavioral	ADJ
ejge-10225	360	4	finance	finance	NOUN
ejge-10225	360	5	,	,	PUNCT
ejge-10225	360	6	20(4	20(4	NOUN
ejge-10225	360	7	)	)	PUNCT
ejge-10225	360	8	,	,	PUNCT
ejge-10225	360	9	408	408	NUM
ejge-10225	360	10	-	-	SYM
ejge-10225	360	11	423	423	NUM
ejge-10225	360	12	.	.	PUNCT
ejge-10225	361	1	https://doi.org/10.1080/15427560.2019.1553177	https://doi.org/10.1080/15427560.2019.1553177	PROPN
ejge-10225	361	2	ben	ben	PROPN
ejge-10225	361	3	-	-	PUNCT
ejge-10225	361	4	david	david	PROPN
ejge-10225	361	5	,	,	PUNCT
ejge-10225	361	6	i.	i.	PROPN
ejge-10225	361	7	,	,	PUNCT
ejge-10225	361	8	franzoni	franzoni	PROPN
ejge-10225	361	9	,	,	PUNCT
ejge-10225	361	10	f.	f.	PROPN
ejge-10225	361	11	,	,	PUNCT
ejge-10225	361	12	kim	kim	PROPN
ejge-10225	361	13	,	,	PUNCT
ejge-10225	361	14	b.	b.	PROPN
ejge-10225	361	15	,	,	PUNCT
ejge-10225	361	16	&	&	CCONJ
ejge-10225	361	17	moussawi	moussawi	PROPN
ejge-10225	361	18	,	,	PUNCT
ejge-10225	361	19	r.	r.	PROPN
ejge-10225	361	20	(	(	PUNCT
ejge-10225	361	21	2023	2023	NUM
ejge-10225	361	22	)	)	PUNCT
ejge-10225	361	23	.	.	PUNCT
ejge-10225	362	1	competition	competition	NOUN
ejge-10225	362	2	for	for	ADP
ejge-10225	362	3	attention	attention	NOUN
ejge-10225	362	4	in	in	ADP
ejge-10225	362	5	the	the	DET
ejge-10225	362	6	etf	etf	NOUN
ejge-10225	362	7	space	space	NOUN
ejge-10225	362	8	.	.	PUNCT
ejge-10225	363	1	the	the	DET
ejge-10225	363	2	review	review	NOUN
ejge-10225	363	3	of	of	ADP
ejge-10225	363	4	financial	financial	ADJ
ejge-10225	363	5	studies	study	NOUN
ejge-10225	363	6	,	,	PUNCT
ejge-10225	363	7	36(3	36(3	NOUN
ejge-10225	363	8	)	)	PUNCT
ejge-10225	363	9	,	,	PUNCT
ejge-10225	363	10	987	987	NUM
ejge-10225	363	11	-	-	SYM
ejge-10225	363	12	1042	1042	NUM
ejge-10225	363	13	.	.	PUNCT
ejge-10225	364	1	https://doi.org/10.1093/rfs/hhac048	https://doi.org/10.1093/rfs/hhac048	PROPN
ejge-10225	364	2	bremmer	bremmer	PROPN
ejge-10225	364	3	,	,	PUNCT
ejge-10225	364	4	d.	d.	PROPN
ejge-10225	364	5	(	(	PUNCT
ejge-10225	364	6	2008	2008	NUM
ejge-10225	364	7	)	)	PUNCT
ejge-10225	364	8	.	.	PUNCT
ejge-10225	365	1	consumer	consumer	NOUN
ejge-10225	365	2	confidence	confidence	NOUN
ejge-10225	365	3	and	and	CCONJ
ejge-10225	365	4	stock	stock	NOUN
ejge-10225	365	5	prices	price	NOUN
ejge-10225	365	6	.	.	PUNCT
ejge-10225	366	1	paper	paper	NOUN
ejge-10225	366	2	presented	present	VERB
ejge-10225	366	3	at	at	ADP
ejge-10225	366	4	the	the	DET
ejge-10225	366	5	72nd	72nd	ADJ
ejge-10225	366	6	annual	annual	ADJ
ejge-10225	366	7	meeting	meeting	NOUN
ejge-10225	366	8	of	of	ADP
ejge-10225	366	9	the	the	DET
ejge-10225	366	10	midwest	midwest	PROPN
ejge-10225	366	11	economics	economics	PROPN
ejge-10225	366	12	association	association	PROPN
ejge-10225	366	13	“	"	PUNCT
ejge-10225	366	14	beliefs	belief	NOUN
ejge-10225	366	15	,	,	PUNCT
ejge-10225	366	16	preferences	preference	NOUN
ejge-10225	366	17	and	and	CCONJ
ejge-10225	366	18	stock	stock	NOUN
ejge-10225	366	19	prices	price	NOUN
ejge-10225	366	20	,	,	PUNCT
ejge-10225	366	21	”	"	PUNCT
ejge-10225	366	22	chicago	chicago	PROPN
ejge-10225	366	23	,	,	PUNCT
ejge-10225	366	24	march	march	PROPN
ejge-10225	366	25	16	16	NUM
ejge-10225	366	26	.	.	PUNCT
ejge-10225	367	1	retrieved	retrieve	VERB
ejge-10225	367	2	from	from	ADP
ejge-10225	367	3	https://www.rosehulman.edu/~bremmer/professional/bremmer_midwest2008.pdf	https://www.rosehulman.edu/~bremmer/professional/bremmer_midwest2008.pdf	PROPN
ejge-10225	367	4	brown	brown	PROPN
ejge-10225	367	5	,	,	PUNCT
ejge-10225	367	6	d.	d.	PROPN
ejge-10225	367	7	c.	c.	PROPN
ejge-10225	367	8	,	,	PUNCT
ejge-10225	367	9	davies	davy	NOUN
ejge-10225	367	10	,	,	PUNCT
ejge-10225	367	11	s.	s.	PROPN
ejge-10225	367	12	w.	w.	PROPN
ejge-10225	367	13	,	,	PUNCT
ejge-10225	367	14	&	&	CCONJ
ejge-10225	367	15	ringgenberg	ringgenberg	PROPN
ejge-10225	367	16	,	,	PUNCT
ejge-10225	367	17	m.	m.	PROPN
ejge-10225	367	18	c.	c.	PROPN
ejge-10225	367	19	(	(	PUNCT
ejge-10225	367	20	2021	2021	NUM
ejge-10225	367	21	)	)	PUNCT
ejge-10225	367	22	.	.	PUNCT
ejge-10225	368	1	etf	etf	NOUN
ejge-10225	368	2	arbitrage	arbitrage	PROPN
ejge-10225	368	3	,	,	PUNCT
ejge-10225	368	4	non	non	ADJ
ejge-10225	368	5	-	-	ADJ
ejge-10225	368	6	fundamental	fundamental	ADJ
ejge-10225	368	7	demand	demand	NOUN
ejge-10225	368	8	,	,	PUNCT
ejge-10225	368	9	and	and	CCONJ
ejge-10225	368	10	https://doi.org/10.1016/j.jeca.2020.e00172	https://doi.org/10.1016/j.jeca.2020.e00172	PROPN
ejge-10225	368	11	https://doi.org/10.46557/001c.32633	https://doi.org/10.46557/001c.32633	PROPN
ejge-10225	368	12	https://doi.org/10.1080/15427560.2019.1553177	https://doi.org/10.1080/15427560.2019.1553177	PROPN
ejge-10225	368	13	https://doi.org/10.1093/rfs/hhac048	https://doi.org/10.1093/rfs/hhac048	PROPN
ejge-10225	368	14	https://www.rose-hulman.edu/%7ebremmer/professional/bremmer_midwest2008.pdf	https://www.rose-hulman.edu/%7ebremmer/professional/bremmer_midwest2008.pdf	NOUN
ejge-10225	368	15	https://www.rose-hulman.edu/%7ebremmer/professional/bremmer_midwest2008.pdf	https://www.rose-hulman.edu/%7ebremmer/professional/bremmer_midwest2008.pdf	PROPN
ejge-10225	368	16	182	182	NUM
ejge-10225	368	17	pavlo	pavlo	PROPN
ejge-10225	368	18	dziuba	dziuba	PROPN
ejge-10225	368	19	et	et	PROPN
ejge-10225	368	20	al	al	PROPN
ejge-10225	368	21	.	.	PROPN
ejge-10225	368	22	return	return	PROPN
ejge-10225	368	23	predictability	predictability	NOUN
ejge-10225	368	24	.	.	PUNCT
ejge-10225	369	1	review	review	NOUN
ejge-10225	369	2	of	of	ADP
ejge-10225	369	3	finance	finance	NOUN
ejge-10225	369	4	,	,	PUNCT
ejge-10225	369	5	25(4	25(4	NOUN
ejge-10225	369	6	)	)	PUNCT
ejge-10225	369	7	,	,	PUNCT
ejge-10225	369	8	937	937	NUM
ejge-10225	369	9	-	-	SYM
ejge-10225	369	10	972	972	NUM
ejge-10225	369	11	.	.	PUNCT
ejge-10225	370	1	https://doi.org/10.1093/rof/rfaa027	https://doi.org/10.1093/rof/rfaa027	PROPN
ejge-10225	370	2	chen	chen	PROPN
ejge-10225	370	3	,	,	PUNCT
ejge-10225	370	4	m.-p	m.-p	PROPN
ejge-10225	370	5	.	.	PROPN
ejge-10225	370	6	,	,	PUNCT
ejge-10225	370	7	lee	lee	PROPN
ejge-10225	370	8	,	,	PUNCT
ejge-10225	370	9	c.	c.	PROPN
ejge-10225	370	10	c.	c.	PROPN
ejge-10225	370	11	,	,	PUNCT
ejge-10225	370	12	&	&	CCONJ
ejge-10225	370	13	hsu	hsu	PROPN
ejge-10225	370	14	,	,	PUNCT
ejge-10225	370	15	y.	y.	PROPN
ejge-10225	370	16	c.	c.	PROPN
ejge-10225	370	17	(	(	PUNCT
ejge-10225	370	18	2017	2017	NUM
ejge-10225	370	19	)	)	PUNCT
ejge-10225	370	20	.	.	PUNCT
ejge-10225	371	1	investor	investor	NOUN
ejge-10225	371	2	sentiment	sentiment	NOUN
ejge-10225	371	3	and	and	CCONJ
ejge-10225	371	4	country	country	NOUN
ejge-10225	371	5	exchange	exchange	NOUN
ejge-10225	371	6	traded	trade	VERB
ejge-10225	371	7	funds	fund	NOUN
ejge-10225	371	8	:	:	PUNCT
ejge-10225	371	9	does	do	AUX
ejge-10225	371	10	economic	economic	ADJ
ejge-10225	371	11	freedom	freedom	NOUN
ejge-10225	371	12	matter	matter	NOUN
ejge-10225	371	13	?	?	PUNCT
ejge-10225	372	1	the	the	DET
ejge-10225	372	2	north	north	ADJ
ejge-10225	372	3	american	american	ADJ
ejge-10225	372	4	journal	journal	PROPN
ejge-10225	372	5	of	of	ADP
ejge-10225	372	6	economics	economic	NOUN
ejge-10225	372	7	and	and	CCONJ
ejge-10225	372	8	finance	finance	NOUN
ejge-10225	372	9	,	,	PUNCT
ejge-10225	372	10	42	42	NUM
ejge-10225	372	11	,	,	PUNCT
ejge-10225	372	12	285	285	NUM
ejge-10225	372	13	-	-	SYM
ejge-10225	372	14	299	299	NUM
ejge-10225	372	15	.	.	PUNCT
ejge-10225	373	1	https://doi.org/10.1016/j.najef.2017.07.015	https://doi.org/10.1016/j.najef.2017.07.015	PROPN
ejge-10225	373	2	cullen	cullen	PROPN
ejge-10225	373	3	,	,	PUNCT
ejge-10225	373	4	j.	j.	PROPN
ejge-10225	373	5	(	(	PUNCT
ejge-10225	373	6	2023	2023	NUM
ejge-10225	373	7	)	)	PUNCT
ejge-10225	373	8	.	.	PUNCT
ejge-10225	374	1	exchange	exchange	NOUN
ejge-10225	374	2	-	-	PUNCT
ejge-10225	374	3	traded	trade	VERB
ejge-10225	374	4	funds	fund	NOUN
ejge-10225	374	5	,	,	PUNCT
ejge-10225	374	6	capital	capital	NOUN
ejge-10225	374	7	market	market	NOUN
ejge-10225	374	8	efficiency	efficiency	NOUN
ejge-10225	374	9	and	and	CCONJ
ejge-10225	374	10	systemic	systemic	ADJ
ejge-10225	374	11	risk	risk	NOUN
ejge-10225	374	12	.	.	PUNCT
ejge-10225	375	1	in	in	ADP
ejge-10225	375	2	i.	i.	PROPN
ejge-10225	375	3	chiu	chiu	PROPN
ejge-10225	375	4	&	&	CCONJ
ejge-10225	375	5	i.	i.	PROPN
ejge-10225	375	6	macneil	macneil	PROPN
ejge-10225	375	7	(	(	PUNCT
ejge-10225	375	8	eds	ed	NOUN
ejge-10225	375	9	.	.	PUNCT
ejge-10225	375	10	)	)	PUNCT
ejge-10225	375	11	,	,	PUNCT
ejge-10225	375	12	research	research	NOUN
ejge-10225	375	13	handbook	handbook	NOUN
ejge-10225	375	14	on	on	ADP
ejge-10225	375	15	global	global	ADJ
ejge-10225	375	16	capital	capital	NOUN
ejge-10225	375	17	markets	market	NOUN
ejge-10225	375	18	law	law	NOUN
ejge-10225	375	19	(	(	PUNCT
ejge-10225	375	20	pp	pp	ADJ
ejge-10225	375	21	.	.	PUNCT
ejge-10225	375	22	318	318	NUM
ejge-10225	375	23	-	-	SYM
ejge-10225	375	24	333	333	NUM
ejge-10225	375	25	)	)	PUNCT
ejge-10225	375	26	.	.	PUNCT
ejge-10225	376	1	cheltenham	cheltenham	PROPN
ejge-10225	376	2	:	:	PUNCT
ejge-10225	376	3	edward	edward	PROPN
ejge-10225	376	4	elgar	elgar	PROPN
ejge-10225	376	5	publishing	publishing	PROPN
ejge-10225	376	6	.	.	PUNCT
ejge-10225	377	1	https://doi.org/10.4337/9781800379305.00030	https://doi.org/10.4337/9781800379305.00030	PROPN
ejge-10225	377	2	cumming	cumming	PROPN
ejge-10225	377	3	,	,	PUNCT
ejge-10225	377	4	d.	d.	PROPN
ejge-10225	377	5	j.	j.	PROPN
ejge-10225	377	6	,	,	PUNCT
ejge-10225	377	7	&	&	CCONJ
ejge-10225	377	8	monteiro	monteiro	PROPN
ejge-10225	377	9	,	,	PUNCT
ejge-10225	377	10	p.	p.	NOUN
ejge-10225	377	11	(	(	PUNCT
ejge-10225	377	12	2023	2023	NUM
ejge-10225	377	13	)	)	PUNCT
ejge-10225	377	14	.	.	PUNCT
ejge-10225	378	1	hedge	hedge	NOUN
ejge-10225	378	2	fund	fund	PROPN
ejge-10225	378	3	investment	investment	NOUN
ejge-10225	378	4	in	in	ADP
ejge-10225	378	5	etfs	etfs	PROPN
ejge-10225	378	6	.	.	PUNCT
ejge-10225	379	1	frankfurt	frankfurt	PROPN
ejge-10225	379	2	:	:	PUNCT
ejge-10225	379	3	center	center	NOUN
ejge-10225	379	4	for	for	ADP
ejge-10225	379	5	financial	financial	ADJ
ejge-10225	379	6	studies	study	NOUN
ejge-10225	379	7	.	.	PUNCT
ejge-10225	380	1	https://dx.doi.org/10.2139/ssrn.4058765	https://dx.doi.org/10.2139/ssrn.4058765	X
ejge-10225	380	2	de	de	X
ejge-10225	380	3	long	long	ADJ
ejge-10225	380	4	,	,	PUNCT
ejge-10225	380	5	j.	j.	PROPN
ejge-10225	380	6	b.	b.	PROPN
ejge-10225	380	7	,	,	PUNCT
ejge-10225	380	8	shleifer	shleifer	PROPN
ejge-10225	380	9	,	,	PUNCT
ejge-10225	380	10	a.	a.	NOUN
ejge-10225	380	11	,	,	PUNCT
ejge-10225	380	12	summers	summer	NOUN
ejge-10225	380	13	,	,	PUNCT
ejge-10225	380	14	l.	l.	PROPN
ejge-10225	380	15	h.	h.	PROPN
ejge-10225	380	16	,	,	PUNCT
ejge-10225	380	17	&	&	CCONJ
ejge-10225	380	18	waldmann	waldmann	PROPN
ejge-10225	380	19	,	,	PUNCT
ejge-10225	380	20	r.	r.	PROPN
ejge-10225	380	21	j.	j.	PROPN
ejge-10225	380	22	(	(	PUNCT
ejge-10225	380	23	1990	1990	NUM
ejge-10225	380	24	)	)	PUNCT
ejge-10225	380	25	.	.	PUNCT
ejge-10225	381	1	noise	noise	NOUN
ejge-10225	381	2	trader	trader	NOUN
ejge-10225	381	3	risk	risk	NOUN
ejge-10225	381	4	in	in	ADP
ejge-10225	381	5	financial	financial	ADJ
ejge-10225	381	6	markets	market	NOUN
ejge-10225	381	7	.	.	PUNCT
ejge-10225	382	1	journal	journal	NOUN
ejge-10225	382	2	of	of	ADP
ejge-10225	382	3	political	political	ADJ
ejge-10225	382	4	economy	economy	NOUN
ejge-10225	382	5	,	,	PUNCT
ejge-10225	382	6	98(4	98(4	NUM
ejge-10225	382	7	)	)	PUNCT
ejge-10225	382	8	,	,	PUNCT
ejge-10225	382	9	703	703	NUM
ejge-10225	382	10	-	-	SYM
ejge-10225	382	11	738	738	NUM
ejge-10225	382	12	.	.	PUNCT
ejge-10225	383	1	retrieved	retrieve	VERB
ejge-10225	383	2	from	from	ADP
ejge-10225	383	3	https://www.jstor.org/stable/2937765	https://www.jstor.org/stable/2937765	PROPN
ejge-10225	383	4	dziuba	dziuba	PROPN
ejge-10225	383	5	,	,	PUNCT
ejge-10225	383	6	p.	p.	PROPN
ejge-10225	383	7	,	,	PUNCT
ejge-10225	383	8	glukhova	glukhova	PROPN
ejge-10225	383	9	,	,	PUNCT
ejge-10225	383	10	d.	d.	PROPN
ejge-10225	383	11	,	,	PUNCT
ejge-10225	383	12	&	&	CCONJ
ejge-10225	383	13	shtogrin	shtogrin	PROPN
ejge-10225	383	14	,	,	PUNCT
ejge-10225	383	15	k.	k.	PROPN
ejge-10225	383	16	(	(	PUNCT
ejge-10225	383	17	2022	2022	NUM
ejge-10225	383	18	)	)	PUNCT
ejge-10225	383	19	.	.	PUNCT
ejge-10225	384	1	risk	risk	NOUN
ejge-10225	384	2	,	,	PUNCT
ejge-10225	384	3	return	return	NOUN
ejge-10225	384	4	and	and	CCONJ
ejge-10225	384	5	international	international	ADJ
ejge-10225	384	6	portfolio	portfolio	NOUN
ejge-10225	384	7	diversification	diversification	NOUN
ejge-10225	384	8	:	:	PUNCT
ejge-10225	384	9	kmeans	kmean	NOUN
ejge-10225	384	10	clustering	cluster	VERB
ejge-10225	384	11	data	datum	NOUN
ejge-10225	384	12	.	.	PUNCT
ejge-10225	385	1	baltic	baltic	PROPN
ejge-10225	385	2	journal	journal	PROPN
ejge-10225	385	3	of	of	ADP
ejge-10225	385	4	economic	economic	ADJ
ejge-10225	385	5	studies	study	NOUN
ejge-10225	385	6	,	,	PUNCT
ejge-10225	385	7	8(3	8(3	NUM
ejge-10225	385	8	)	)	PUNCT
ejge-10225	385	9	,	,	PUNCT
ejge-10225	385	10	53	53	NUM
ejge-10225	385	11	-	-	SYM
ejge-10225	385	12	64	64	NUM
ejge-10225	385	13	.	.	PUNCT
ejge-10225	386	1	https://doi.org/10.30525/2256-0742/2022-8-3-53-64	https://doi.org/10.30525/2256-0742/2022-8-3-53-64	PROPN
ejge-10225	386	2	etfgi	etfgi	NOUN
ejge-10225	386	3	.	.	PUNCT
ejge-10225	387	1	(	(	PUNCT
ejge-10225	387	2	2023	2023	NUM
ejge-10225	387	3	)	)	PUNCT
ejge-10225	387	4	.	.	PUNCT
ejge-10225	388	1	etfgi	etfgi	NOUN
ejge-10225	388	2	reports	report	VERB
ejge-10225	388	3	the	the	DET
ejge-10225	388	4	global	global	PROPN
ejge-10225	388	5	etfs	etfs	PROPN
ejge-10225	388	6	industry	industry	NOUN
ejge-10225	388	7	gathered	gather	VERB
ejge-10225	388	8	us$19.96	us$19.96	NOUN
ejge-10225	388	9	billion	billion	NUM
ejge-10225	388	10	of	of	ADP
ejge-10225	388	11	net	net	ADJ
ejge-10225	388	12	inflows	inflow	NOUN
ejge-10225	388	13	in	in	ADP
ejge-10225	388	14	february	february	PROPN
ejge-10225	388	15	2023	2023	NUM
ejge-10225	388	16	.	.	PUNCT
ejge-10225	389	1	retrieved	retrieve	VERB
ejge-10225	389	2	from	from	ADP
ejge-10225	389	3	https://etfgi.com/news/press-releases/2023/03/etfgi-reportsglobal-etfs-industry-gathered-us1996-billion-net-inflows	https://etfgi.com/news/press-releases/2023/03/etfgi-reportsglobal-etfs-industry-gathered-us1996-billion-net-inflow	NOUN
ejge-10225	389	4	fama	fama	PROPN
ejge-10225	389	5	,	,	PUNCT
ejge-10225	389	6	e.	e.	PROPN
ejge-10225	389	7	f.	f.	PROPN
ejge-10225	389	8	(	(	PUNCT
ejge-10225	389	9	1965	1965	NUM
ejge-10225	389	10	)	)	PUNCT
ejge-10225	389	11	.	.	PUNCT
ejge-10225	390	1	random	random	ADJ
ejge-10225	390	2	walks	walk	NOUN
ejge-10225	390	3	in	in	ADP
ejge-10225	390	4	stock	stock	NOUN
ejge-10225	390	5	market	market	NOUN
ejge-10225	390	6	prices	price	NOUN
ejge-10225	390	7	.	.	PUNCT
ejge-10225	391	1	financial	financial	ADJ
ejge-10225	391	2	analysts	analyst	NOUN
ejge-10225	391	3	journal	journal	NOUN
ejge-10225	391	4	,	,	PUNCT
ejge-10225	391	5	21(5	21(5	NUM
ejge-10225	391	6	)	)	PUNCT
ejge-10225	391	7	,	,	PUNCT
ejge-10225	391	8	55	55	NUM
ejge-10225	391	9	-	-	SYM
ejge-10225	391	10	59	59	NUM
ejge-10225	391	11	.	.	PUNCT
ejge-10225	392	1	https://doi.org/10.2469/faj.v21.n5.55	https://doi.org/10.2469/faj.v21.n5.55	PRON
ejge-10225	392	2	fang	fang	X
ejge-10225	392	3	,	,	PUNCT
ejge-10225	392	4	h.	h.	PROPN
ejge-10225	392	5	,	,	PUNCT
ejge-10225	392	6	chung	chung	PROPN
ejge-10225	392	7	,	,	PUNCT
ejge-10225	392	8	c.-p	c.-p	PROPN
ejge-10225	392	9	.	.	PROPN
ejge-10225	392	10	,	,	PUNCT
ejge-10225	392	11	lu	lu	PROPN
ejge-10225	392	12	,	,	PUNCT
ejge-10225	392	13	y.-c	y.-c	PROPN
ejge-10225	392	14	.	.	PROPN
ejge-10225	392	15	,	,	PUNCT
ejge-10225	392	16	lee	lee	PROPN
ejge-10225	392	17	,	,	PUNCT
ejge-10225	392	18	y.-h	y.-h	PROPN
ejge-10225	392	19	.	.	PROPN
ejge-10225	392	20	,	,	PUNCT
ejge-10225	392	21	&	&	CCONJ
ejge-10225	392	22	wang	wang	PROPN
ejge-10225	392	23	,	,	PUNCT
ejge-10225	392	24	w.-h	w.-h	NOUN
ejge-10225	392	25	.	.	PUNCT
ejge-10225	393	1	(	(	PUNCT
ejge-10225	393	2	2021	2021	NUM
ejge-10225	393	3	)	)	PUNCT
ejge-10225	393	4	.	.	PUNCT
ejge-10225	394	1	the	the	DET
ejge-10225	394	2	impacts	impact	NOUN
ejge-10225	394	3	of	of	ADP
ejge-10225	394	4	investors	investor	NOUN
ejge-10225	394	5	’	’	PART
ejge-10225	394	6	sentiments	sentiment	NOUN
ejge-10225	394	7	on	on	ADP
ejge-10225	394	8	stock	stock	NOUN
ejge-10225	394	9	returns	return	NOUN
ejge-10225	394	10	using	use	VERB
ejge-10225	394	11	fintech	fintech	NOUN
ejge-10225	394	12	approaches	approach	NOUN
ejge-10225	394	13	.	.	PUNCT
ejge-10225	395	1	international	international	ADJ
ejge-10225	395	2	review	review	NOUN
ejge-10225	395	3	of	of	ADP
ejge-10225	395	4	financial	financial	ADJ
ejge-10225	395	5	analysis	analysis	NOUN
ejge-10225	395	6	,	,	PUNCT
ejge-10225	395	7	77	77	NUM
ejge-10225	395	8	,	,	PUNCT
ejge-10225	395	9	101858	101858	NUM
ejge-10225	395	10	.	.	PUNCT
ejge-10225	396	1	https://doi.org/10.1016/j.irfa.2021.101858	https://doi.org/10.1016/j.irfa.2021.101858	NOUN
ejge-10225	396	2	feder	feder	NOUN
ejge-10225	396	3	-	-	PUNCT
ejge-10225	396	4	sempach	sempach	NOUN
ejge-10225	396	5	,	,	PUNCT
ejge-10225	396	6	e.	e.	PROPN
ejge-10225	396	7	,	,	PUNCT
ejge-10225	396	8	&	&	CCONJ
ejge-10225	396	9	miziołek	miziołek	PROPN
ejge-10225	396	10	,	,	PUNCT
ejge-10225	396	11	t.	t.	PROPN
ejge-10225	396	12	(	(	PUNCT
ejge-10225	396	13	2023	2023	NUM
ejge-10225	396	14	)	)	PUNCT
ejge-10225	396	15	.	.	PUNCT
ejge-10225	397	1	how	how	SCONJ
ejge-10225	397	2	precisely	precisely	ADV
ejge-10225	397	3	european	european	ADJ
ejge-10225	397	4	equity	equity	PROPN
ejge-10225	397	5	etfs	etfs	PROPN
ejge-10225	397	6	mirror	mirror	VERB
ejge-10225	397	7	their	their	PRON
ejge-10225	397	8	flagship	flagship	NOUN
ejge-10225	397	9	benchmarks	benchmark	NOUN
ejge-10225	397	10	?	?	PUNCT
ejge-10225	398	1	evidence	evidence	NOUN
ejge-10225	398	2	from	from	ADP
ejge-10225	398	3	funds	fund	NOUN
ejge-10225	398	4	replicating	replicate	VERB
ejge-10225	398	5	performance	performance	NOUN
ejge-10225	398	6	of	of	ADP
ejge-10225	398	7	euro	euro	NOUN
ejge-10225	398	8	stoxx	stoxx	ADJ
ejge-10225	398	9	50	50	NUM
ejge-10225	398	10	index	index	NOUN
ejge-10225	398	11	.	.	PUNCT
ejge-10225	399	1	journal	journal	PROPN
ejge-10225	399	2	of	of	ADP
ejge-10225	399	3	asset	asset	NOUN
ejge-10225	399	4	management	management	NOUN
ejge-10225	399	5	,	,	PUNCT
ejge-10225	399	6	24	24	NUM
ejge-10225	399	7	,	,	PUNCT
ejge-10225	399	8	121	121	NUM
ejge-10225	399	9	-	-	SYM
ejge-10225	399	10	135	135	NUM
ejge-10225	399	11	.	.	PUNCT
ejge-10225	400	1	https://doi.org/10.1057/s41260-022-00287-9	https://doi.org/10.1057/s41260-022-00287-9	PROPN
ejge-10225	400	2	goel	goel	PROPN
ejge-10225	400	3	,	,	PUNCT
ejge-10225	400	4	g.	g.	PROPN
ejge-10225	400	5	,	,	PUNCT
ejge-10225	400	6	&	&	CCONJ
ejge-10225	400	7	dash	dash	NOUN
ejge-10225	400	8	,	,	PUNCT
ejge-10225	400	9	s.	s.	PROPN
ejge-10225	400	10	r.	r.	PROPN
ejge-10225	400	11	(	(	PUNCT
ejge-10225	400	12	2022	2022	NUM
ejge-10225	400	13	)	)	PUNCT
ejge-10225	400	14	.	.	PUNCT
ejge-10225	401	1	investor	investor	NOUN
ejge-10225	401	2	sentiment	sentiment	NOUN
ejge-10225	401	3	and	and	CCONJ
ejge-10225	401	4	government	government	NOUN
ejge-10225	401	5	policy	policy	NOUN
ejge-10225	401	6	interventions	intervention	NOUN
ejge-10225	401	7	:	:	PUNCT
ejge-10225	401	8	evidence	evidence	NOUN
ejge-10225	401	9	from	from	ADP
ejge-10225	401	10	covid-19	covid-19	PROPN
ejge-10225	401	11	spread	spread	NOUN
ejge-10225	401	12	.	.	PUNCT
ejge-10225	402	1	journal	journal	NOUN
ejge-10225	402	2	of	of	ADP
ejge-10225	402	3	financial	financial	ADJ
ejge-10225	402	4	economic	economic	ADJ
ejge-10225	402	5	policy	policy	NOUN
ejge-10225	402	6	,	,	PUNCT
ejge-10225	402	7	14(2	14(2	NUM
ejge-10225	402	8	)	)	PUNCT
ejge-10225	402	9	,	,	PUNCT
ejge-10225	402	10	242	242	NUM
ejge-10225	402	11	-	-	SYM
ejge-10225	402	12	267	267	NUM
ejge-10225	402	13	.	.	PUNCT
ejge-10225	403	1	https://doi.org/10.1108/jfep-02-2021-0038	https://doi.org/10.1108/jfep-02-2021-0038	PROPN
ejge-10225	403	2	henriques	henrique	NOUN
ejge-10225	403	3	,	,	PUNCT
ejge-10225	403	4	c.	c.	PROPN
ejge-10225	403	5	o.	o.	PROPN
ejge-10225	403	6	,	,	PUNCT
ejge-10225	403	7	neves	neve	NOUN
ejge-10225	403	8	,	,	PUNCT
ejge-10225	403	9	m.	m.	PROPN
ejge-10225	403	10	e.	e.	PROPN
ejge-10225	403	11	,	,	PUNCT
ejge-10225	403	12	castelão	castelão	PROPN
ejge-10225	403	13	,	,	PUNCT
ejge-10225	403	14	l.	l.	PROPN
ejge-10225	403	15	,	,	PUNCT
ejge-10225	403	16	&	&	CCONJ
ejge-10225	403	17	nguyen	nguyen	PROPN
ejge-10225	403	18	,	,	PUNCT
ejge-10225	403	19	d.	d.	PROPN
ejge-10225	403	20	k.	k.	PROPN
ejge-10225	403	21	(	(	PUNCT
ejge-10225	403	22	2022	2022	NUM
ejge-10225	403	23	)	)	PUNCT
ejge-10225	403	24	.	.	PUNCT
ejge-10225	404	1	assessing	assess	VERB
ejge-10225	404	2	the	the	DET
ejge-10225	404	3	performance	performance	NOUN
ejge-10225	404	4	of	of	ADP
ejge-10225	404	5	exchange	exchange	NOUN
ejge-10225	404	6	traded	trade	VERB
ejge-10225	404	7	funds	fund	NOUN
ejge-10225	404	8	in	in	ADP
ejge-10225	404	9	the	the	DET
ejge-10225	404	10	energy	energy	NOUN
ejge-10225	404	11	sector	sector	NOUN
ejge-10225	404	12	:	:	PUNCT
ejge-10225	404	13	a	a	DET
ejge-10225	404	14	hybrid	hybrid	ADJ
ejge-10225	404	15	dea	dea	NOUN
ejge-10225	404	16	multiobjective	multiobjective	ADJ
ejge-10225	404	17	linear	linear	ADJ
ejge-10225	404	18	programming	programming	NOUN
ejge-10225	404	19	approach	approach	NOUN
ejge-10225	404	20	.	.	PUNCT
ejge-10225	405	1	annals	annal	NOUN
ejge-10225	405	2	of	of	ADP
ejge-10225	405	3	operations	operation	NOUN
ejge-10225	405	4	research	research	NOUN
ejge-10225	405	5	,	,	PUNCT
ejge-10225	405	6	313(1	313(1	NUM
ejge-10225	405	7	)	)	PUNCT
ejge-10225	405	8	,	,	PUNCT
ejge-10225	405	9	341	341	NUM
ejge-10225	405	10	-	-	SYM
ejge-10225	405	11	366	366	NUM
ejge-10225	405	12	.	.	PUNCT
ejge-10225	406	1	https://doi.org/10.1007/s10479-021-04323-6	https://doi.org/10.1007/s10479-021-04323-6	NUM
ejge-10225	407	1	hong	hong	PROPN
ejge-10225	407	2	,	,	PUNCT
ejge-10225	407	3	c.	c.	PROPN
ejge-10225	407	4	y.	y.	PROPN
ejge-10225	407	5	,	,	PUNCT
ejge-10225	407	6	li	li	PROPN
ejge-10225	407	7	,	,	PUNCT
ejge-10225	407	8	f.	f.	PROPN
ejge-10225	407	9	w.	w.	PROPN
ejge-10225	407	10	,	,	PUNCT
ejge-10225	407	11	luo	luo	PROPN
ejge-10225	407	12	,	,	PUNCT
ejge-10225	407	13	j.	j.	PROPN
ejge-10225	407	14	,	,	PUNCT
ejge-10225	407	15	&	&	CCONJ
ejge-10225	407	16	subrahmanyam	subrahmanyam	PROPN
ejge-10225	407	17	,	,	PUNCT
ejge-10225	407	18	a.	a.	NOUN
ejge-10225	407	19	(	(	PUNCT
ejge-10225	407	20	2022	2022	NUM
ejge-10225	407	21	)	)	PUNCT
ejge-10225	407	22	.	.	PUNCT
ejge-10225	408	1	financial	financial	ADJ
ejge-10225	408	2	intermediaries	intermediary	NOUN
ejge-10225	408	3	and	and	CCONJ
ejge-10225	408	4	comovement	comovement	NOUN
ejge-10225	408	5	in	in	ADP
ejge-10225	408	6	market	market	NOUN
ejge-10225	408	7	efficiency	efficiency	NOUN
ejge-10225	408	8	:	:	PUNCT
ejge-10225	408	9	the	the	DET
ejge-10225	408	10	case	case	NOUN
ejge-10225	408	11	of	of	ADP
ejge-10225	408	12	etfs	etfs	PROPN
ejge-10225	408	13	.	.	PUNCT
ejge-10225	409	1	https://dx.doi.org/10.2139/ssrn.4062962	https://dx.doi.org/10.2139/ssrn.4062962	PROPN
ejge-10225	409	2	hsu	hsu	PROPN
ejge-10225	409	3	,	,	PUNCT
ejge-10225	409	4	c.-c	c.-c	PROPN
ejge-10225	409	5	.	.	PUNCT
ejge-10225	409	6	,	,	PUNCT
ejge-10225	409	7	lin	lin	PROPN
ejge-10225	409	8	,	,	PUNCT
ejge-10225	409	9	h.-y	h.-y	NOUN
ejge-10225	409	10	.	.	PUNCT
ejge-10225	409	11	,	,	PUNCT
ejge-10225	409	12	wu	wu	PROPN
ejge-10225	409	13	,	,	PUNCT
ejge-10225	409	14	j.-y	j.-y	PROPN
ejge-10225	409	15	.	.	PROPN
ejge-10225	409	16	,	,	PUNCT
ejge-10225	409	17	&	&	CCONJ
ejge-10225	409	18	commerce	commerce	PROPN
ejge-10225	409	19	development	development	PROPN
ejge-10225	409	20	research	research	PROPN
ejge-10225	409	21	institute	institute	PROPN
ejge-10225	409	22	.	.	PUNCT
ejge-10225	410	1	(	(	PUNCT
ejge-10225	410	2	2011	2011	NUM
ejge-10225	410	3	)	)	PUNCT
ejge-10225	410	4	.	.	PUNCT
ejge-10225	411	1	consumer	consumer	NOUN
ejge-10225	411	2	confidence	confidence	NOUN
ejge-10225	411	3	and	and	CCONJ
ejge-10225	411	4	stock	stock	NOUN
ejge-10225	411	5	markets	market	NOUN
ejge-10225	411	6	:	:	PUNCT
ejge-10225	411	7	the	the	DET
ejge-10225	411	8	panel	panel	NOUN
ejge-10225	411	9	causality	causality	NOUN
ejge-10225	411	10	evidence	evidence	NOUN
ejge-10225	411	11	.	.	PUNCT
ejge-10225	412	1	international	international	ADJ
ejge-10225	412	2	journal	journal	PROPN
ejge-10225	412	3	of	of	ADP
ejge-10225	412	4	economics	economic	NOUN
ejge-10225	412	5	and	and	CCONJ
ejge-10225	412	6	finance	finance	NOUN
ejge-10225	412	7	,	,	PUNCT
ejge-10225	412	8	3(6	3(6	NUM
ejge-10225	412	9	)	)	PUNCT
ejge-10225	412	10	,	,	PUNCT
ejge-10225	412	11	91	91	NUM
ejge-10225	412	12	-	-	SYM
ejge-10225	412	13	98	98	NUM
ejge-10225	412	14	.	.	PUNCT
ejge-10225	413	1	https://doi.org/10.5539/ijef.v3n6p91	https://doi.org/10.5539/ijef.v3n6p91	PROPN
ejge-10225	414	1	investing.com	investing.com	X
ejge-10225	414	2	.	.	PUNCT
ejge-10225	414	3	(	(	PUNCT
ejge-10225	414	4	2024	2024	NUM
ejge-10225	414	5	)	)	PUNCT
ejge-10225	414	6	.	.	PUNCT
ejge-10225	415	1	world	world	PROPN
ejge-10225	415	2	etfs	etfs	PROPN
ejge-10225	415	3	statistics	statistics	PROPN
ejge-10225	415	4	.	.	PUNCT
ejge-10225	416	1	retrieved	retrieve	VERB
ejge-10225	416	2	from	from	ADP
ejge-10225	416	3	https://www.investing.com/etfs/world-etfs	https://www.investing.com/etfs/world-etfs	PROPN
ejge-10225	416	4	kudrina	kudrina	PROPN
ejge-10225	416	5	,	,	PUNCT
ejge-10225	416	6	o.	o.	PROPN
ejge-10225	416	7	,	,	PUNCT
ejge-10225	416	8	&	&	CCONJ
ejge-10225	416	9	ivchenko	ivchenko	PROPN
ejge-10225	416	10	,	,	PUNCT
ejge-10225	416	11	yu	yu	PROPN
ejge-10225	416	12	.	.	PUNCT
ejge-10225	417	1	(	(	PUNCT
ejge-10225	417	2	2023	2023	NUM
ejge-10225	417	3	)	)	PUNCT
ejge-10225	417	4	.	.	PUNCT
ejge-10225	418	1	organisational	organisational	ADJ
ejge-10225	418	2	and	and	CCONJ
ejge-10225	418	3	economic	economic	ADJ
ejge-10225	418	4	mechanism	mechanism	NOUN
ejge-10225	418	5	for	for	ADP
ejge-10225	418	6	ensuring	ensure	VERB
ejge-10225	418	7	the	the	DET
ejge-10225	418	8	innovation	innovation	NOUN
ejge-10225	418	9	and	and	CCONJ
ejge-10225	418	10	investment	investment	NOUN
ejge-10225	418	11	potential	potential	NOUN
ejge-10225	418	12	of	of	ADP
ejge-10225	418	13	an	an	DET
ejge-10225	418	14	enterprise	enterprise	NOUN
ejge-10225	418	15	in	in	ADP
ejge-10225	418	16	the	the	DET
ejge-10225	418	17	context	context	NOUN
ejge-10225	418	18	оf	оf	ADP
ejge-10225	418	19	post	post	ADJ
ejge-10225	418	20	-	-	ADJ
ejge-10225	418	21	conflict	conflict	ADJ
ejge-10225	418	22	transformation	transformation	NOUN
ejge-10225	418	23	.	.	PUNCT
ejge-10225	419	1	economic	economic	ADJ
ejge-10225	419	2	bulletin	bulletin	NOUN
ejge-10225	419	3	of	of	ADP
ejge-10225	419	4	cherkasy	cherkasy	PROPN
ejge-10225	419	5	state	state	PROPN
ejge-10225	419	6	technological	technological	ADJ
ejge-10225	419	7	university	university	NOUN
ejge-10225	419	8	,	,	PUNCT
ejge-10225	419	9	23(2	23(2	NUM
ejge-10225	419	10	)	)	PUNCT
ejge-10225	419	11	,	,	PUNCT
ejge-10225	419	12	24	24	NUM
ejge-10225	419	13	-	-	SYM
ejge-10225	419	14	30	30	NUM
ejge-10225	419	15	.	.	PUNCT
ejge-10225	420	1	https://doi.org/10.24025/23064420.69.2023.288376	https://doi.org/10.24025/23064420.69.2023.288376	PROPN
ejge-10225	420	2	li	li	PROPN
ejge-10225	420	3	,	,	PUNCT
ejge-10225	420	4	f.	f.	PROPN
ejge-10225	420	5	w.	w.	PROPN
ejge-10225	420	6	,	,	PUNCT
ejge-10225	420	7	&	&	CCONJ
ejge-10225	420	8	zhu	zhu	PROPN
ejge-10225	420	9	,	,	PUNCT
ejge-10225	420	10	q.	q.	PROPN
ejge-10225	420	11	(	(	PUNCT
ejge-10225	420	12	2022	2022	NUM
ejge-10225	420	13	)	)	PUNCT
ejge-10225	420	14	.	.	PUNCT
ejge-10225	421	1	short	short	ADJ
ejge-10225	421	2	selling	sell	VERB
ejge-10225	421	3	etfs	etfs	NOUN
ejge-10225	421	4	.	.	PUNCT
ejge-10225	422	1	the	the	DET
ejge-10225	422	2	review	review	NOUN
ejge-10225	422	3	of	of	ADP
ejge-10225	422	4	asset	asset	NOUN
ejge-10225	422	5	pricing	pricing	NOUN
ejge-10225	422	6	studies	study	NOUN
ejge-10225	422	7	,	,	PUNCT
ejge-10225	422	8	12(4	12(4	NUM
ejge-10225	422	9	)	)	PUNCT
ejge-10225	422	10	,	,	PUNCT
ejge-10225	422	11	960	960	NUM
ejge-10225	422	12	-	-	SYM
ejge-10225	422	13	998	998	NUM
ejge-10225	422	14	.	.	PUNCT
ejge-10225	423	1	https://doi.org/10.1093/rapstu/raac005	https://doi.org/10.1093/rapstu/raac005	PROPN
ejge-10225	423	2	liepert	liepert	PROPN
ejge-10225	423	3	,	,	PUNCT
ejge-10225	423	4	m.	m.	NOUN
ejge-10225	423	5	(	(	PUNCT
ejge-10225	423	6	2024	2024	NUM
ejge-10225	423	7	)	)	PUNCT
ejge-10225	423	8	.	.	PUNCT
ejge-10225	424	1	a	a	DET
ejge-10225	424	2	meta	meta	ADJ
ejge-10225	424	3	-	-	PUNCT
ejge-10225	424	4	analysis	analysis	NOUN
ejge-10225	424	5	on	on	ADP
ejge-10225	424	6	private	private	ADJ
ejge-10225	424	7	equity	equity	NOUN
ejge-10225	424	8	technology	technology	NOUN
ejge-10225	424	9	-	-	PUNCT
ejge-10225	424	10	driven	drive	VERB
ejge-10225	424	11	value	value	NOUN
ejge-10225	424	12	creation	creation	NOUN
ejge-10225	424	13	.	.	PUNCT
ejge-10225	425	1	scientific	scientific	ADJ
ejge-10225	425	2	bulletin	bulletin	NOUN
ejge-10225	425	3	of	of	ADP
ejge-10225	425	4	mukachevo	mukachevo	PROPN
ejge-10225	425	5	state	state	PROPN
ejge-10225	425	6	university	university	PROPN
ejge-10225	425	7	.	.	PUNCT
ejge-10225	426	1	series	series	PROPN
ejge-10225	426	2	“	"	PUNCT
ejge-10225	426	3	economics	economic	NOUN
ejge-10225	426	4	,	,	PUNCT
ejge-10225	426	5	”	"	PUNCT
ejge-10225	426	6	11(1	11(1	NUM
ejge-10225	426	7	)	)	PUNCT
ejge-10225	426	8	,	,	PUNCT
ejge-10225	426	9	29	29	NUM
ejge-10225	426	10	-	-	SYM
ejge-10225	426	11	39	39	NUM
ejge-10225	426	12	.	.	PUNCT
ejge-10225	427	1	https://doi.org/10.52566/msuecon1.2024.29	https://doi.org/10.52566/msuecon1.2024.29	PROPN
ejge-10225	427	2	lin	lin	PROPN
ejge-10225	427	3	,	,	PUNCT
ejge-10225	427	4	j.-c	j.-c	PROPN
ejge-10225	427	5	.	.	PUNCT
ejge-10225	428	1	(	(	PUNCT
ejge-10225	428	2	2015	2015	NUM
ejge-10225	428	3	)	)	PUNCT
ejge-10225	428	4	.	.	PUNCT
ejge-10225	429	1	premiums	premium	NOUN
ejge-10225	429	2	on	on	ADP
ejge-10225	429	3	exchange	exchange	NOUN
ejge-10225	429	4	-	-	PUNCT
ejge-10225	429	5	traded	trade	VERB
ejge-10225	429	6	funds	fund	NOUN
ejge-10225	429	7	as	as	ADP
ejge-10225	429	8	a	a	DET
ejge-10225	429	9	sentiment	sentiment	NOUN
ejge-10225	429	10	indicator	indicator	NOUN
ejge-10225	429	11	:	:	PUNCT
ejge-10225	429	12	evidence	evidence	NOUN
ejge-10225	429	13	from	from	ADP
ejge-10225	429	14	taiwan	taiwan	PROPN
ejge-10225	429	15	.	.	PUNCT
ejge-10225	430	1	international	international	ADJ
ejge-10225	430	2	review	review	PROPN
ejge-10225	430	3	of	of	ADP
ejge-10225	430	4	management	management	NOUN
ejge-10225	430	5	&	&	CCONJ
ejge-10225	430	6	business	business	PROPN
ejge-10225	430	7	research	research	PROPN
ejge-10225	430	8	,	,	PUNCT
ejge-10225	430	9	4(1	4(1	NOUN
ejge-10225	430	10	)	)	PUNCT
ejge-10225	430	11	,	,	PUNCT
ejge-10225	430	12	40	40	NUM
ejge-10225	430	13	-	-	SYM
ejge-10225	430	14	58	58	NUM
ejge-10225	430	15	.	.	PUNCT
ejge-10225	431	1	loang	loang	PROPN
ejge-10225	431	2	,	,	PUNCT
ejge-10225	431	3	o.	o.	PROPN
ejge-10225	431	4	k.	k.	PROPN
ejge-10225	431	5	(	(	PUNCT
ejge-10225	431	6	2022	2022	NUM
ejge-10225	431	7	)	)	PUNCT
ejge-10225	431	8	.	.	PUNCT
ejge-10225	432	1	overreaction	overreaction	NOUN
ejge-10225	432	2	,	,	PUNCT
ejge-10225	432	3	investor	investor	NOUN
ejge-10225	432	4	sentiment	sentiment	NOUN
ejge-10225	432	5	and	and	CCONJ
ejge-10225	432	6	market	market	NOUN
ejge-10225	432	7	sentiment	sentiment	NOUN
ejge-10225	432	8	of	of	ADP
ejge-10225	432	9	covid-19	covid-19	PROPN
ejge-10225	432	10	.	.	PUNCT
ejge-10225	432	11	vision	vision	PROPN
ejge-10225	432	12	:	:	PUNCT
ejge-10225	432	13	the	the	DET
ejge-10225	432	14	journal	journal	NOUN
ejge-10225	432	15	of	of	ADP
ejge-10225	432	16	business	business	PROPN
ejge-10225	432	17	perspective	perspective	NOUN
ejge-10225	432	18	.	.	PUNCT
ejge-10225	433	1	https://doi.org/10.1177/09722629221087386	https://doi.org/10.1177/09722629221087386	PROPN
ejge-10225	433	2	ma	ma	PROPN
ejge-10225	433	3	,	,	PUNCT
ejge-10225	433	4	j.	j.	PROPN
ejge-10225	433	5	z.	z.	PROPN
ejge-10225	433	6	,	,	PUNCT
ejge-10225	433	7	ho	ho	PROPN
ejge-10225	433	8	,	,	PUNCT
ejge-10225	433	9	k.-c	k.-c	NOUN
ejge-10225	433	10	.	.	PUNCT
ejge-10225	433	11	,	,	PUNCT
ejge-10225	433	12	yang	yang	PROPN
ejge-10225	433	13	,	,	PUNCT
ejge-10225	433	14	l.	l.	PROPN
ejge-10225	433	15	,	,	PUNCT
ejge-10225	433	16	&	&	CCONJ
ejge-10225	433	17	chu	chu	PROPN
ejge-10225	433	18	,	,	PUNCT
ejge-10225	433	19	c.-c	c.-c	PROPN
ejge-10225	433	20	.	.	PUNCT
ejge-10225	434	1	(	(	PUNCT
ejge-10225	434	2	2018	2018	NUM
ejge-10225	434	3	)	)	PUNCT
ejge-10225	434	4	.	.	PUNCT
ejge-10225	435	1	market	market	NOUN
ejge-10225	435	2	sentiment	sentiment	NOUN
ejge-10225	435	3	and	and	CCONJ
ejge-10225	435	4	investor	investor	NOUN
ejge-10225	435	5	overreaction	overreaction	NOUN
ejge-10225	435	6	:	:	PUNCT
ejge-10225	435	7	evidence	evidence	NOUN
ejge-10225	435	8	from	from	ADP
ejge-10225	435	9	new	new	PROPN
ejge-10225	435	10	york	york	PROPN
ejge-10225	435	11	listed	list	VERB
ejge-10225	435	12	asian	asian	ADJ
ejge-10225	435	13	country	country	NOUN
ejge-10225	435	14	exchange	exchange	NOUN
ejge-10225	435	15	traded	trade	VERB
ejge-10225	435	16	funds	fund	NOUN
ejge-10225	435	17	.	.	PUNCT
ejge-10225	436	1	emerging	emerge	VERB
ejge-10225	436	2	markets	market	NOUN
ejge-10225	436	3	finance	finance	NOUN
ejge-10225	436	4	and	and	CCONJ
ejge-10225	436	5	trade	trade	NOUN
ejge-10225	436	6	,	,	PUNCT
ejge-10225	436	7	54(11	54(11	NUM
ejge-10225	436	8	)	)	PUNCT
ejge-10225	436	9	,	,	PUNCT
ejge-10225	436	10	2455	2455	NUM
ejge-10225	436	11	-	-	SYM
ejge-10225	436	12	2471	2471	NUM
ejge-10225	436	13	.	.	PUNCT
ejge-10225	437	1	https://doi.org/10.1080/1540496x.2018.1464907	https://doi.org/10.1080/1540496x.2018.1464907	PROPN
ejge-10225	437	2	malkiel	malkiel	PROPN
ejge-10225	437	3	,	,	PUNCT
ejge-10225	437	4	b.	b.	PROPN
ejge-10225	437	5	g.	g.	PROPN
ejge-10225	437	6	,	,	PUNCT
ejge-10225	437	7	&	&	CCONJ
ejge-10225	437	8	fama	fama	PROPN
ejge-10225	437	9	,	,	PUNCT
ejge-10225	437	10	e.	e.	PROPN
ejge-10225	437	11	f.	f.	PROPN
ejge-10225	437	12	(	(	PUNCT
ejge-10225	437	13	1970	1970	NUM
ejge-10225	437	14	)	)	PUNCT
ejge-10225	437	15	.	.	PUNCT
ejge-10225	438	1	efficient	efficient	ADJ
ejge-10225	438	2	capital	capital	NOUN
ejge-10225	438	3	markets	market	NOUN
ejge-10225	438	4	:	:	PUNCT
ejge-10225	438	5	a	a	DET
ejge-10225	438	6	review	review	NOUN
ejge-10225	438	7	of	of	ADP
ejge-10225	438	8	theory	theory	NOUN
ejge-10225	438	9	and	and	CCONJ
ejge-10225	438	10	empirical	empirical	ADJ
ejge-10225	438	11	work	work	NOUN
ejge-10225	438	12	.	.	PUNCT
ejge-10225	439	1	the	the	DET
ejge-10225	439	2	journal	journal	PROPN
ejge-10225	439	3	of	of	ADP
ejge-10225	439	4	finance	finance	NOUN
ejge-10225	439	5	,	,	PUNCT
ejge-10225	439	6	25(2	25(2	NUM
ejge-10225	439	7	)	)	PUNCT
ejge-10225	439	8	,	,	PUNCT
ejge-10225	439	9	383	383	NUM
ejge-10225	439	10	-	-	SYM
ejge-10225	439	11	417	417	NUM
ejge-10225	439	12	.	.	PUNCT
ejge-10225	440	1	https://doi.org/10.1111/j.1540-6261.1970.tb00518.x	https://doi.org/10.1111/j.1540-6261.1970.tb00518.x	PROPN
ejge-10225	440	2	marta	marta	PROPN
ejge-10225	440	3	,	,	PUNCT
ejge-10225	440	4	t.	t.	PROPN
ejge-10225	440	5	,	,	PUNCT
ejge-10225	440	6	&	&	CCONJ
ejge-10225	440	7	riva	riva	PROPN
ejge-10225	440	8	,	,	PUNCT
ejge-10225	440	9	f.	f.	PROPN
ejge-10225	440	10	(	(	PUNCT
ejge-10225	440	11	2022	2022	NUM
ejge-10225	440	12	)	)	PUNCT
ejge-10225	440	13	.	.	PUNCT
ejge-10225	441	1	do	do	AUX
ejge-10225	441	2	etfs	etfs	PROPN
ejge-10225	441	3	increase	increase	VERB
ejge-10225	441	4	the	the	DET
ejge-10225	441	5	comovements	comovement	NOUN
ejge-10225	441	6	of	of	ADP
ejge-10225	441	7	their	their	PRON
ejge-10225	441	8	underlying	underlie	VERB
ejge-10225	441	9	assets	asset	NOUN
ejge-10225	441	10	?	?	PUNCT
ejge-10225	442	1	evidence	evidence	NOUN
ejge-10225	442	2	from	from	ADP
ejge-10225	442	3	a	a	DET
ejge-10225	442	4	switch	switch	NOUN
ejge-10225	442	5	in	in	ADP
ejge-10225	442	6	etf	etf	NOUN
ejge-10225	442	7	replication	replication	NOUN
ejge-10225	442	8	technique	technique	NOUN
ejge-10225	442	9	.	.	PUNCT
ejge-10225	443	1	https://dx.doi.org/10.2139/ssrn.4079302	https://dx.doi.org/10.2139/ssrn.4079302	X
ejge-10225	443	2	naeem	naeem	PROPN
ejge-10225	443	3	,	,	PUNCT
ejge-10225	443	4	m.	m.	NOUN
ejge-10225	443	5	a.	a.	PROPN
ejge-10225	443	6	,	,	PUNCT
ejge-10225	443	7	peng	peng	PROPN
ejge-10225	443	8	,	,	PUNCT
ejge-10225	443	9	z.	z.	PROPN
ejge-10225	443	10	,	,	PUNCT
ejge-10225	443	11	bouri	bouri	PROPN
ejge-10225	443	12	,	,	PUNCT
ejge-10225	443	13	e.	e.	PROPN
ejge-10225	443	14	,	,	PUNCT
ejge-10225	443	15	shahzad	shahzad	PROPN
ejge-10225	443	16	,	,	PUNCT
ejge-10225	443	17	s.	s.	PROPN
ejge-10225	443	18	j.	j.	PROPN
ejge-10225	443	19	h.	h.	PROPN
ejge-10225	443	20	,	,	PUNCT
ejge-10225	443	21	&	&	CCONJ
ejge-10225	443	22	karim	karim	PROPN
ejge-10225	443	23	,	,	PUNCT
ejge-10225	443	24	s.	s.	PROPN
ejge-10225	443	25	(	(	PUNCT
ejge-10225	443	26	2022	2022	NUM
ejge-10225	443	27	)	)	PUNCT
ejge-10225	443	28	.	.	PUNCT
ejge-10225	444	1	examining	examine	VERB
ejge-10225	444	2	the	the	DET
ejge-10225	444	3	asymmetries	asymmetry	NOUN
ejge-10225	444	4	between	between	ADP
ejge-10225	444	5	equity	equity	NOUN
ejge-10225	444	6	and	and	CCONJ
ejge-10225	444	7	commodity	commodity	NOUN
ejge-10225	444	8	etfs	etfs	PROPN
ejge-10225	444	9	during	during	ADP
ejge-10225	444	10	covid-19	covid-19	PROPN
ejge-10225	444	11	.	.	PUNCT
ejge-10225	445	1	resources	resource	NOUN
ejge-10225	445	2	policy	policy	NOUN
ejge-10225	445	3	,	,	PUNCT
ejge-10225	445	4	79	79	NUM
ejge-10225	445	5	,	,	PUNCT
ejge-10225	445	6	103048	103048	NUM
ejge-10225	445	7	.	.	PUNCT
ejge-10225	446	1	https://doi.org/10.1016/j.resourpol.2022.103048	https://doi.org/10.1016/j.resourpol.2022.103048	ADJ
ejge-10225	446	2	oecd	oecd	PROPN
ejge-10225	446	3	.	.	PUNCT
ejge-10225	446	4	(	(	PUNCT
ejge-10225	446	5	2023	2023	NUM
ejge-10225	446	6	)	)	PUNCT
ejge-10225	446	7	.	.	PUNCT
ejge-10225	447	1	consumer	consumer	NOUN
ejge-10225	447	2	confidence	confidence	NOUN
ejge-10225	447	3	index	index	NOUN
ejge-10225	447	4	(	(	PUNCT
ejge-10225	447	5	cci	cci	PROPN
ejge-10225	447	6	)	)	PUNCT
ejge-10225	447	7	.	.	PUNCT
ejge-10225	448	1	retrieved	retrieve	VERB
ejge-10225	448	2	from	from	ADP
ejge-10225	448	3	https://doi.org/10.1093/rof/rfaa027	https://doi.org/10.1093/rof/rfaa027	PROPN
ejge-10225	448	4	https://doi.org/10.1016/j.najef.2017.07.015	https://doi.org/10.1016/j.najef.2017.07.015	PROPN
ejge-10225	448	5	https://doi.org/10.4337/9781800379305.00030	https://doi.org/10.4337/9781800379305.00030	PROPN
ejge-10225	448	6	https://dx.doi.org/10.2139/ssrn.4058765	https://dx.doi.org/10.2139/ssrn.4058765	AUX
ejge-10225	448	7	https://www.jstor.org/stable/2937765	https://www.jstor.org/stable/2937765	PROPN
ejge-10225	448	8	https://doi.org/10.30525/2256-0742/2022-8-3-53-64	https://doi.org/10.30525/2256-0742/2022-8-3-53-64	ADJ
ejge-10225	448	9	https://etfgi.com/news/press-releases/2023/03/etfgi-reports-global-etfs-industry-gathered-us1996-billion-net-inflows	https://etfgi.com/news/press-releases/2023/03/etfgi-reports-global-etfs-industry-gathered-us1996-billion-net-inflow	VERB
ejge-10225	448	10	https://etfgi.com/news/press-releases/2023/03/etfgi-reports-global-etfs-industry-gathered-us1996-billion-net-inflows	https://etfgi.com/news/press-releases/2023/03/etfgi-reports-global-etfs-industry-gathered-us1996-billion-net-inflow	VERB
ejge-10225	448	11	https://doi.org/10.2469/faj.v21.n5.55	https://doi.org/10.2469/faj.v21.n5.55	NOUN
ejge-10225	448	12	https://doi.org/10.1016/j.irfa.2021.101858	https://doi.org/10.1016/j.irfa.2021.101858	PROPN
ejge-10225	448	13	https://doi.org/10.1057/s41260-022-00287-9	https://doi.org/10.1057/s41260-022-00287-9	PROPN
ejge-10225	448	14	https://doi.org/10.1108/jfep-02-2021-0038	https://doi.org/10.1108/jfep-02-2021-0038	NOUN
ejge-10225	448	15	https://doi.org/10.1007/s10479-021-04323-6	https://doi.org/10.1007/s10479-021-04323-6	NUM
ejge-10225	448	16	https://dx.doi.org/10.2139/ssrn.4062962	https://dx.doi.org/10.2139/ssrn.4062962	PUNCT
ejge-10225	448	17	https://doi.org/10.5539/ijef.v3n6p91	https://doi.org/10.5539/ijef.v3n6p91	PROPN
ejge-10225	449	1	https://www.investing.com/etfs/world-etfs	https://www.investing.com/etfs/world-etfs	PROPN
ejge-10225	449	2	https://doi.org/10.24025/2306-4420.69.2023.288376	https://doi.org/10.24025/2306-4420.69.2023.288376	AUX
ejge-10225	449	3	https://doi.org/10.24025/2306-4420.69.2023.288376	https://doi.org/10.24025/2306-4420.69.2023.288376	PROPN
ejge-10225	449	4	https://doi.org/10.1093/rapstu/raac005	https://doi.org/10.1093/rapstu/raac005	X
ejge-10225	449	5	https://doi.org/10.52566/msu-econ1.2024.29	https://doi.org/10.52566/msu-econ1.2024.29	PROPN
ejge-10225	449	6	https://doi.org/10.52566/msu-econ1.2024.29	https://doi.org/10.52566/msu-econ1.2024.29	PROPN
ejge-10225	449	7	https://doi.org/10.1177/09722629221087386	https://doi.org/10.1177/09722629221087386	VERB
ejge-10225	450	1	https://doi.org/10.1080/1540496x.2018.1464907	https://doi.org/10.1080/1540496x.2018.1464907	PROPN
ejge-10225	450	2	https://doi.org/10.1111/j.1540-6261.1970.tb00518.x	https://doi.org/10.1111/j.1540-6261.1970.tb00518.x	PROPN
ejge-10225	450	3	https://dx.doi.org/10.2139/ssrn.4079302	https://dx.doi.org/10.2139/ssrn.4079302	PUNCT
ejge-10225	450	4	https://doi.org/10.1016/j.resourpol.2022.103048	https://doi.org/10.1016/j.resourpol.2022.103048	ADJ
ejge-10225	450	5	investor	investor	NOUN
ejge-10225	450	6	sentiment	sentiment	NOUN
ejge-10225	450	7	and	and	CCONJ
ejge-10225	450	8	euro	euro	PROPN
ejge-10225	450	9	area	area	NOUN
ejge-10225	450	10	etfs	etfs	PROPN
ejge-10225	450	11	https://data.oecd.org/leadind/consumer-confidence-index-cci.htm#indicator-chart	https://data.oecd.org/leadind/consumer-confidence-index-cci.htm#indicator-chart	PROPN
ejge-10225	450	12	piccoli	piccoli	PROPN
ejge-10225	450	13	,	,	PUNCT
ejge-10225	450	14	p.	p.	NOUN
ejge-10225	450	15	,	,	PUNCT
ejge-10225	450	16	&	&	CCONJ
ejge-10225	450	17	chaudhury	chaudhury	PROPN
ejge-10225	450	18	,	,	PUNCT
ejge-10225	450	19	m.	m.	NOUN
ejge-10225	450	20	(	(	PUNCT
ejge-10225	450	21	2018	2018	NUM
ejge-10225	450	22	)	)	PUNCT
ejge-10225	450	23	.	.	PUNCT
ejge-10225	451	1	overreaction	overreaction	NOUN
ejge-10225	451	2	to	to	ADP
ejge-10225	451	3	extreme	extreme	ADJ
ejge-10225	451	4	market	market	NOUN
ejge-10225	451	5	events	event	NOUN
ejge-10225	451	6	and	and	CCONJ
ejge-10225	451	7	investor	investor	NOUN
ejge-10225	451	8	sentiment	sentiment	NOUN
ejge-10225	451	9	.	.	PUNCT
ejge-10225	452	1	applied	apply	VERB
ejge-10225	452	2	economics	economic	NOUN
ejge-10225	452	3	letters	letter	NOUN
ejge-10225	452	4	,	,	PUNCT
ejge-10225	452	5	25(2	25(2	NUM
ejge-10225	452	6	)	)	PUNCT
ejge-10225	452	7	,	,	PUNCT
ejge-10225	452	8	115	115	NUM
ejge-10225	452	9	-	-	SYM
ejge-10225	452	10	118	118	NUM
ejge-10225	452	11	.	.	PUNCT
ejge-10225	453	1	https://doi.org/10.1080/13504851.2017.1302052	https://doi.org/10.1080/13504851.2017.1302052	PROPN
ejge-10225	453	2	shubalyi	shubalyi	PROPN
ejge-10225	453	3	,	,	PUNCT
ejge-10225	453	4	o.	o.	INTJ
ejge-10225	453	5	(	(	PUNCT
ejge-10225	453	6	2023	2023	NUM
ejge-10225	453	7	)	)	PUNCT
ejge-10225	453	8	.	.	PUNCT
ejge-10225	454	1	analysis	analysis	NOUN
ejge-10225	454	2	of	of	ADP
ejge-10225	454	3	the	the	DET
ejge-10225	454	4	behavior	behavior	NOUN
ejge-10225	454	5	of	of	ADP
ejge-10225	454	6	european	european	ADJ
ejge-10225	454	7	investors	investor	NOUN
ejge-10225	454	8	during	during	ADP
ejge-10225	454	9	the	the	DET
ejge-10225	454	10	war	war	NOUN
ejge-10225	454	11	in	in	ADP
ejge-10225	454	12	ukraine	ukraine	NOUN
ejge-10225	454	13	.	.	PUNCT
ejge-10225	455	1	economic	economic	ADJ
ejge-10225	455	2	forum	forum	PROPN
ejge-10225	455	3	,	,	PUNCT
ejge-10225	455	4	1(4	1(4	NUM
ejge-10225	455	5	)	)	PUNCT
ejge-10225	455	6	,	,	PUNCT
ejge-10225	455	7	50	50	NUM
ejge-10225	455	8	-	-	SYM
ejge-10225	455	9	55	55	NUM
ejge-10225	455	10	.	.	PUNCT
ejge-10225	456	1	https://doi.org/10.36910/6775-2308-8559-2023-4-6	https://doi.org/10.36910/6775-2308-8559-2023-4-6	PROPN
ejge-10225	456	2	singh	singh	PROPN
ejge-10225	456	3	,	,	PUNCT
ejge-10225	456	4	p.	p.	NOUN
ejge-10225	456	5	(	(	PUNCT
ejge-10225	456	6	2022	2022	NUM
ejge-10225	456	7	)	)	PUNCT
ejge-10225	456	8	.	.	PUNCT
ejge-10225	456	9	is	be	AUX
ejge-10225	456	10	the	the	DET
ejge-10225	456	11	financial	financial	ADJ
ejge-10225	456	12	market	market	NOUN
ejge-10225	456	13	ready	ready	ADJ
ejge-10225	456	14	for	for	ADP
ejge-10225	456	15	cryptocurrency	cryptocurrency	NOUN
ejge-10225	456	16	etfs	etfs	NOUN
ejge-10225	456	17	?	?	PUNCT
ejge-10225	457	1	–	–	PUNCT
ejge-10225	457	2	a	a	DET
ejge-10225	457	3	critical	critical	ADJ
ejge-10225	457	4	evaluation	evaluation	NOUN
ejge-10225	457	5	.	.	PUNCT
ejge-10225	458	1	the	the	DET
ejge-10225	458	2	journal	journal	NOUN
ejge-10225	458	3	of	of	ADP
ejge-10225	458	4	risk	risk	NOUN
ejge-10225	458	5	finance	finance	NOUN
ejge-10225	458	6	,	,	PUNCT
ejge-10225	458	7	23(4	23(4	NOUN
ejge-10225	458	8	)	)	PUNCT
ejge-10225	458	9	,	,	PUNCT
ejge-10225	458	10	456	456	NUM
ejge-10225	458	11	-	-	SYM
ejge-10225	458	12	460	460	NUM
ejge-10225	458	13	.	.	PUNCT
ejge-10225	459	1	https://doi.org/10.1108/jrf-08-2022-241	https://doi.org/10.1108/jrf-08-2022-241	PROPN
ejge-10225	459	2	tkachenko	tkachenko	PROPN
ejge-10225	459	3	,	,	PUNCT
ejge-10225	459	4	a.	a.	PROPN
ejge-10225	459	5	,	,	PUNCT
ejge-10225	459	6	levchenko	levchenko	NOUN
ejge-10225	459	7	,	,	PUNCT
ejge-10225	459	8	n.	n.	NOUN
ejge-10225	459	9	,	,	PUNCT
ejge-10225	459	10	pozhuieva	pozhuieva	ADJ
ejge-10225	459	11	,	,	PUNCT
ejge-10225	459	12	t.	t.	PROPN
ejge-10225	459	13	,	,	PUNCT
ejge-10225	459	14	sevastyanov	sevastyanov	PROPN
ejge-10225	459	15	,	,	PUNCT
ejge-10225	459	16	r.	r.	PROPN
ejge-10225	459	17	,	,	PUNCT
ejge-10225	459	18	&	&	CCONJ
ejge-10225	459	19	levchenko	levchenko	PROPN
ejge-10225	459	20	,	,	PUNCT
ejge-10225	459	21	s.	s.	PROPN
ejge-10225	459	22	(	(	PUNCT
ejge-10225	459	23	2023	2023	NUM
ejge-10225	459	24	)	)	PUNCT
ejge-10225	459	25	.	.	PUNCT
ejge-10225	460	1	modified	modify	VERB
ejge-10225	460	2	assessment	assessment	NOUN
ejge-10225	460	3	methodology	methodology	NOUN
ejge-10225	460	4	esg	esg	NOUN
ejge-10225	460	5	competitiveness	competitiveness	NOUN
ejge-10225	460	6	of	of	ADP
ejge-10225	460	7	enterprises	enterprise	NOUN
ejge-10225	460	8	to	to	ADP
ejge-10225	460	9	a	a	DET
ejge-10225	460	10	new	new	ADJ
ejge-10225	460	11	generation	generation	NOUN
ejge-10225	460	12	of	of	ADP
ejge-10225	460	13	investors	investor	NOUN
ejge-10225	460	14	.	.	PUNCT
ejge-10225	461	1	iop	iop	PROPN
ejge-10225	461	2	conference	conference	PROPN
ejge-10225	461	3	series	series	PROPN
ejge-10225	461	4	:	:	PUNCT
ejge-10225	461	5	earth	earth	NOUN
ejge-10225	461	6	and	and	CCONJ
ejge-10225	461	7	environmental	environmental	ADJ
ejge-10225	461	8	science	science	NOUN
ejge-10225	461	9	,	,	PUNCT
ejge-10225	461	10	1254(1	1254(1	NUM
ejge-10225	461	11	)	)	PUNCT
ejge-10225	461	12	,	,	PUNCT
ejge-10225	461	13	012126	012126	NUM
ejge-10225	461	14	.	.	PUNCT
ejge-10225	462	1	https://doi.org/10.1088/17551315/1254/1/012126	https://doi.org/10.1088/17551315/1254/1/012126	NOUN
ejge-10225	462	2	tseng	tseng	PROPN
ejge-10225	462	3	,	,	PUNCT
ejge-10225	462	4	y.-c	y.-c	PROPN
ejge-10225	462	5	.	.	PROPN
ejge-10225	462	6	,	,	PUNCT
ejge-10225	462	7	&	&	CCONJ
ejge-10225	462	8	lee	lee	PROPN
ejge-10225	462	9	,	,	PUNCT
ejge-10225	462	10	w.-c	w.-c	PROPN
ejge-10225	462	11	.	.	PUNCT
ejge-10225	463	1	(	(	PUNCT
ejge-10225	463	2	2016	2016	NUM
ejge-10225	463	3	)	)	PUNCT
ejge-10225	463	4	.	.	PUNCT
ejge-10225	464	1	investor	investor	NOUN
ejge-10225	464	2	sentiment	sentiment	NOUN
ejge-10225	464	3	and	and	CCONJ
ejge-10225	464	4	etf	etf	NOUN
ejge-10225	464	5	liquidity	liquidity	NOUN
ejge-10225	464	6	–	–	PUNCT
ejge-10225	464	7	evidence	evidence	NOUN
ejge-10225	464	8	from	from	ADP
ejge-10225	464	9	asia	asia	PROPN
ejge-10225	464	10	markets	market	NOUN
ejge-10225	464	11	.	.	PUNCT
ejge-10225	465	1	advances	advance	NOUN
ejge-10225	465	2	in	in	ADP
ejge-10225	465	3	management	management	NOUN
ejge-10225	465	4	&	&	CCONJ
ejge-10225	465	5	applied	apply	VERB
ejge-10225	465	6	economics	economic	NOUN
ejge-10225	465	7	,	,	PUNCT
ejge-10225	465	8	6(1	6(1	NUM
ejge-10225	465	9	)	)	PUNCT
ejge-10225	465	10	,	,	PUNCT
ejge-10225	465	11	89	89	NUM
ejge-10225	465	12	-	-	SYM
ejge-10225	465	13	111	111	NUM
ejge-10225	465	14	.	.	PUNCT
ejge-10225	466	1	vuong	vuong	PROPN
ejge-10225	466	2	,	,	PUNCT
ejge-10225	466	3	n.	n.	PROPN
ejge-10225	466	4	b.	b.	PROPN
ejge-10225	466	5	,	,	PUNCT
ejge-10225	466	6	&	&	CCONJ
ejge-10225	466	7	suzuki	suzuki	PROPN
ejge-10225	466	8	,	,	PUNCT
ejge-10225	466	9	y.	y.	PROPN
ejge-10225	466	10	(	(	PUNCT
ejge-10225	466	11	2022	2022	NUM
ejge-10225	466	12	)	)	PUNCT
ejge-10225	466	13	.	.	PUNCT
ejge-10225	467	1	the	the	DET
ejge-10225	467	2	moderating	moderate	VERB
ejge-10225	467	3	effect	effect	NOUN
ejge-10225	467	4	of	of	ADP
ejge-10225	467	5	market	market	NOUN
ejge-10225	467	6	-	-	PUNCT
ejge-10225	467	7	specific	specific	ADJ
ejge-10225	467	8	factors	factor	NOUN
ejge-10225	467	9	on	on	ADP
ejge-10225	467	10	the	the	DET
ejge-10225	467	11	return	return	NOUN
ejge-10225	467	12	predictability	predictability	NOUN
ejge-10225	467	13	of	of	ADP
ejge-10225	467	14	investor	investor	NOUN
ejge-10225	467	15	sentiment	sentiment	NOUN
ejge-10225	467	16	.	.	PUNCT
ejge-10225	468	1	sage	sage	NOUN
ejge-10225	468	2	open	open	ADJ
ejge-10225	468	3	.	.	PUNCT
ejge-10225	469	1	https://doi.org/10.1177/21582440221114322	https://doi.org/10.1177/21582440221114322	PROPN
ejge-10225	469	2	yakubovskiy	yakubovskiy	PROPN
ejge-10225	469	3	,	,	PUNCT
ejge-10225	469	4	s.	s.	PROPN
ejge-10225	469	5	,	,	PUNCT
ejge-10225	469	6	dominese	dominese	PROPN
ejge-10225	469	7	,	,	PUNCT
ejge-10225	469	8	g.	g.	PROPN
ejge-10225	469	9	,	,	PUNCT
ejge-10225	469	10	rodionova	rodionova	NOUN
ejge-10225	469	11	,	,	PUNCT
ejge-10225	469	12	t.	t.	PROPN
ejge-10225	469	13	,	,	PUNCT
ejge-10225	469	14	&	&	CCONJ
ejge-10225	469	15	tsviakh	tsviakh	NOUN
ejge-10225	469	16	,	,	PUNCT
ejge-10225	469	17	a.	a.	NOUN
ejge-10225	469	18	(	(	PUNCT
ejge-10225	469	19	2020	2020	NUM
ejge-10225	469	20	)	)	PUNCT
ejge-10225	469	21	.	.	PUNCT
ejge-10225	470	1	comparative	comparative	ADJ
ejge-10225	470	2	analysis	analysis	NOUN
ejge-10225	470	3	of	of	ADP
ejge-10225	470	4	the	the	DET
ejge-10225	470	5	return	return	NOUN
ejge-10225	470	6	on	on	ADP
ejge-10225	470	7	foreign	foreign	ADJ
ejge-10225	470	8	investments	investment	NOUN
ejge-10225	470	9	of	of	ADP
ejge-10225	470	10	the	the	DET
ejge-10225	470	11	united	united	PROPN
ejge-10225	470	12	states	states	PROPN
ejge-10225	470	13	,	,	PUNCT
ejge-10225	470	14	germany	germany	PROPN
ejge-10225	470	15	and	and	CCONJ
ejge-10225	470	16	japan	japan	PROPN
ejge-10225	470	17	.	.	PUNCT
ejge-10225	471	1	journal	journal	PROPN
ejge-10225	471	2	global	global	ADJ
ejge-10225	471	3	policy	policy	NOUN
ejge-10225	471	4	and	and	CCONJ
ejge-10225	471	5	governance	governance	NOUN
ejge-10225	471	6	,	,	PUNCT
ejge-10225	471	7	9(2	9(2	NUM
ejge-10225	471	8	)	)	PUNCT
ejge-10225	471	9	,	,	PUNCT
ejge-10225	471	10	17	17	NUM
ejge-10225	471	11	-	-	SYM
ejge-10225	471	12	27	27	NUM
ejge-10225	471	13	.	.	PUNCT
ejge-10225	472	1	https://doi.org/10.14666/2194-7759-9-2-002	https://doi.org/10.14666/2194-7759-9-2-002	PROPN
ejge-10225	472	2	yang	yang	PROPN
ejge-10225	472	3	,	,	PUNCT
ejge-10225	472	4	c.	c.	PROPN
ejge-10225	472	5	,	,	PUNCT
ejge-10225	472	6	&	&	CCONJ
ejge-10225	472	7	chi	chi	PROPN
ejge-10225	472	8	,	,	PUNCT
ejge-10225	472	9	j.	j.	PROPN
ejge-10225	472	10	(	(	PUNCT
ejge-10225	472	11	2023	2023	NUM
ejge-10225	472	12	)	)	PUNCT
ejge-10225	472	13	.	.	PUNCT
ejge-10225	473	1	investor	investor	NOUN
ejge-10225	473	2	sentiment	sentiment	NOUN
ejge-10225	473	3	and	and	CCONJ
ejge-10225	473	4	volatility	volatility	NOUN
ejge-10225	473	5	of	of	ADP
ejge-10225	473	6	exchange	exchange	NOUN
ejge-10225	473	7	-	-	PUNCT
ejge-10225	473	8	traded	trade	VERB
ejge-10225	473	9	funds	fund	NOUN
ejge-10225	473	10	:	:	PUNCT
ejge-10225	473	11	evidence	evidence	NOUN
ejge-10225	473	12	from	from	ADP
ejge-10225	473	13	china	china	PROPN
ejge-10225	473	14	.	.	PUNCT
ejge-10225	474	1	international	international	ADJ
ejge-10225	474	2	journal	journal	PROPN
ejge-10225	474	3	of	of	ADP
ejge-10225	474	4	finance	finance	NOUN
ejge-10225	474	5	and	and	CCONJ
ejge-10225	474	6	economics	economic	NOUN
ejge-10225	474	7	,	,	PUNCT
ejge-10225	474	8	28(1	28(1	NOUN
ejge-10225	474	9	)	)	PUNCT
ejge-10225	474	10	,	,	PUNCT
ejge-10225	474	11	668	668	NUM
ejge-10225	474	12	-	-	SYM
ejge-10225	474	13	680	680	NUM
ejge-10225	474	14	.	.	PUNCT
ejge-10225	474	15	https://doi.org/10.1002/ijfe.2443	https://doi.org/10.1002/ijfe.2443	PROPN
ejge-10225	474	16	yiannaki	yiannaki	PROPN
ejge-10225	474	17	,	,	PUNCT
ejge-10225	474	18	s.	s.	PROPN
ejge-10225	474	19	m.	m.	PROPN
ejge-10225	474	20	(	(	PUNCT
ejge-10225	474	21	2015	2015	NUM
ejge-10225	474	22	)	)	PUNCT
ejge-10225	474	23	.	.	PUNCT
ejge-10225	475	1	etfs	etfs	PROPN
ejge-10225	475	2	performance	performance	NOUN
ejge-10225	475	3	europe	europe	PROPN
ejge-10225	475	4	–	–	PUNCT
ejge-10225	475	5	a	a	DET
ejge-10225	475	6	good	good	ADJ
ejge-10225	475	7	start	start	NOUN
ejge-10225	475	8	or	or	CCONJ
ejge-10225	475	9	not	not	PART
ejge-10225	475	10	?	?	PUNCT
ejge-10225	476	1	procedia	procedia	NOUN
ejge-10225	476	2	economics	economic	NOUN
ejge-10225	476	3	and	and	CCONJ
ejge-10225	476	4	finance	finance	NOUN
ejge-10225	476	5	,	,	PUNCT
ejge-10225	476	6	30	30	NUM
ejge-10225	476	7	,	,	PUNCT
ejge-10225	476	8	955	955	NUM
ejge-10225	476	9	-	-	SYM
ejge-10225	476	10	966	966	NUM
ejge-10225	476	11	.	.	PUNCT
ejge-10225	477	1	https://doi.org/10.1016/s2212-5671(15)01346-5	https://doi.org/10.1016/s2212-5671(15)01346-5	PROPN
ejge-10225	477	2	zadoia	zadoia	PROPN
ejge-10225	477	3	,	,	PUNCT
ejge-10225	477	4	a.	a.	PROPN
ejge-10225	477	5	o.	o.	PROPN
ejge-10225	477	6	,	,	PUNCT
ejge-10225	477	7	mahdich	mahdich	PROPN
ejge-10225	477	8	,	,	PUNCT
ejge-10225	477	9	a.	a.	PROPN
ejge-10225	477	10	s.	s.	PROPN
ejge-10225	477	11	,	,	PUNCT
ejge-10225	477	12	&	&	CCONJ
ejge-10225	477	13	zadoia	zadoia	PROPN
ejge-10225	477	14	,	,	PUNCT
ejge-10225	477	15	o.	o.	NOUN
ejge-10225	477	16	a.	a.	NOUN
ejge-10225	477	17	(	(	PUNCT
ejge-10225	477	18	2022	2022	NUM
ejge-10225	477	19	)	)	PUNCT
ejge-10225	477	20	.	.	PUNCT
ejge-10225	478	1	macroeconomic	macroeconomic	ADJ
ejge-10225	478	2	criteria	criterion	NOUN
ejge-10225	478	3	of	of	ADP
ejge-10225	478	4	currency	currency	NOUN
ejge-10225	478	5	and	and	CCONJ
ejge-10225	478	6	financial	financial	ADJ
ejge-10225	478	7	convergence	convergence	NOUN
ejge-10225	478	8	:	:	PUNCT
ejge-10225	478	9	guidelines	guideline	NOUN
ejge-10225	478	10	for	for	ADP
ejge-10225	478	11	ukraine	ukraine	NOUN
ejge-10225	478	12	.	.	PUNCT
ejge-10225	479	1	academy	academy	PROPN
ejge-10225	479	2	review	review	PROPN
ejge-10225	479	3	,	,	PUNCT
ejge-10225	479	4	57(2	57(2	NUM
ejge-10225	479	5	)	)	PUNCT
ejge-10225	479	6	,	,	PUNCT
ejge-10225	479	7	7	7	NUM
ejge-10225	479	8	-	-	SYM
ejge-10225	479	9	23	23	NUM
ejge-10225	479	10	.	.	PUNCT
ejge-10225	480	1	https://doi.org/10.32342/2074-5354-2022-2-57-1	https://doi.org/10.32342/2074-5354-2022-2-57-1	ADJ
ejge-10225	480	2	zawadzki	zawadzki	NOUN
ejge-10225	480	3	,	,	PUNCT
ejge-10225	480	4	k.	k.	PROPN
ejge-10225	480	5	(	(	PUNCT
ejge-10225	480	6	2020	2020	NUM
ejge-10225	480	7	)	)	PUNCT
ejge-10225	480	8	.	.	PUNCT
ejge-10225	481	1	the	the	DET
ejge-10225	481	2	performance	performance	NOUN
ejge-10225	481	3	of	of	ADP
ejge-10225	481	4	etfs	etfs	PROPN
ejge-10225	481	5	on	on	ADP
ejge-10225	481	6	developed	develop	VERB
ejge-10225	481	7	and	and	CCONJ
ejge-10225	481	8	emerging	emerge	VERB
ejge-10225	481	9	markets	market	NOUN
ejge-10225	481	10	with	with	ADP
ejge-10225	481	11	consideration	consideration	NOUN
ejge-10225	481	12	of	of	ADP
ejge-10225	481	13	regional	regional	ADJ
ejge-10225	481	14	diversity	diversity	NOUN
ejge-10225	481	15	.	.	PUNCT
ejge-10225	482	1	quantitative	quantitative	ADJ
ejge-10225	482	2	finance	finance	NOUN
ejge-10225	482	3	and	and	CCONJ
ejge-10225	482	4	economics	economic	NOUN
ejge-10225	482	5	,	,	PUNCT
ejge-10225	482	6	4(3	4(3	NUM
ejge-10225	482	7	)	)	PUNCT
ejge-10225	482	8	,	,	PUNCT
ejge-10225	482	9	515	515	NUM
ejge-10225	482	10	-	-	SYM
ejge-10225	482	11	525	525	NUM
ejge-10225	482	12	.	.	PUNCT
ejge-10225	483	1	https://doi.org/10.3934/qfe.2020024	https://doi.org/10.3934/qfe.2020024	PROPN
ejge-10225	483	2	zurowska	zurowska	PROPN
ejge-10225	483	3	,	,	PUNCT
ejge-10225	483	4	e.	e.	PROPN
ejge-10225	483	5	(	(	PUNCT
ejge-10225	483	6	2022	2022	NUM
ejge-10225	483	7	)	)	PUNCT
ejge-10225	483	8	.	.	PUNCT
ejge-10225	484	1	etf	etf	NOUN
ejge-10225	484	2	primary	primary	ADJ
ejge-10225	484	3	market	market	NOUN
ejge-10225	484	4	structure	structure	NOUN
ejge-10225	484	5	and	and	CCONJ
ejge-10225	484	6	its	its	PRON
ejge-10225	484	7	efficiency	efficiency	NOUN
ejge-10225	484	8	.	.	PUNCT
ejge-10225	485	1	philadelphia	philadelphia	PROPN
ejge-10225	485	2	:	:	PUNCT
ejge-10225	485	3	university	university	NOUN
ejge-10225	485	4	of	of	ADP
ejge-10225	485	5	pennsylvania	pennsylvania	PROPN
ejge-10225	485	6	.	.	PUNCT
ejge-10225	486	1	https://dx.doi.org/10.2139/ssrn.4143952	https://dx.doi.org/10.2139/ssrn.4143952	X
ejge-10225	486	2	https://data.oecd.org/leadind/consumer-confidence-index-cci.htm#indicator-chart	https://data.oecd.org/leadind/consumer-confidence-index-cci.htm#indicator-chart	NOUN
ejge-10225	486	3	https://doi.org/10.1080/13504851.2017.1302052	https://doi.org/10.1080/13504851.2017.1302052	PRON
ejge-10225	486	4	https://doi.org/10.36910/6775-2308-8559-2023-4-6	https://doi.org/10.36910/6775-2308-8559-2023-4-6	PROPN
ejge-10225	487	1	https://doi.org/10.1108/jrf-08-2022-241	https://doi.org/10.1108/jrf-08-2022-241	NOUN
ejge-10225	487	2	https://doi.org/10.1088/1755-1315/1254/1/012126	https://doi.org/10.1088/1755-1315/1254/1/012126	X
ejge-10225	487	3	https://doi.org/10.1088/1755-1315/1254/1/012126	https://doi.org/10.1088/1755-1315/1254/1/012126	PROPN
ejge-10225	487	4	https://doi.org/10.1177/21582440221114322	https://doi.org/10.1177/21582440221114322	PROPN
ejge-10225	487	5	https://doi.org/10.14666/2194-7759-9-2-002	https://doi.org/10.14666/2194-7759-9-2-002	PROPN
ejge-10225	487	6	https://doi.org/10.1002/ijfe.2443	https://doi.org/10.1002/ijfe.2443	NOUN
ejge-10225	487	7	https://doi.org/10.1016/s2212-5671(15)01346-5	https://doi.org/10.1016/s2212-5671(15)01346-5	PROPN
ejge-10225	487	8	https://doi.org/10.32342/2074-5354-2022-2-57-1	https://doi.org/10.32342/2074-5354-2022-2-57-1	PROPN
ejge-10225	487	9	https://doi.org/10.3934/qfe.2020024	https://doi.org/10.3934/qfe.2020024	PROPN
ejge-10225	487	10	https://dx.doi.org/10.2139/ssrn.4143952	https://dx.doi.org/10.2139/ssrn.4143952	X
ejge-10225	487	11	184	184	NUM
ejge-10225	487	12	pavlo	pavlo	NOUN
ejge-10225	487	13	dziuba	dziuba	PROPN
ejge-10225	487	14	et	et	PROPN
ejge-10225	487	15	al	al	PROPN
ejge-10225	487	16	.	.	PROPN
ejge-10225	487	17	appendix	appendix	VERB
ejge-10225	487	18	a	a	DET
ejge-10225	487	19	aum	aum	PROPN
ejge-10225	487	20	’s	’s	PART
ejge-10225	487	21	values	value	NOUN
ejge-10225	487	22	dynamics	dynamic	NOUN
ejge-10225	487	23	for	for	ADP
ejge-10225	487	24	three	three	NUM
ejge-10225	487	25	markets	market	NOUN
ejge-10225	487	26	(	(	PUNCT
ejge-10225	487	27	usa	usa	NOUN
ejge-10225	487	28	market	market	NOUN
ejge-10225	487	29	,	,	PUNCT
ejge-10225	487	30	european	european	ADJ
ejge-10225	487	31	market	market	NOUN
ejge-10225	487	32	,	,	PUNCT
ejge-10225	487	33	and	and	CCONJ
ejge-10225	487	34	other	other	ADJ
ejge-10225	487	35	markets	market	NOUN
ejge-10225	487	36	)	)	PUNCT
ejge-10225	487	37	for	for	ADP
ejge-10225	487	38	the	the	DET
ejge-10225	487	39	period	period	NOUN
ejge-10225	487	40	from	from	ADP
ejge-10225	487	41	2010	2010	NUM
ejge-10225	487	42	to	to	ADP
ejge-10225	487	43	2023	2023	NUM
ejge-10225	487	44	.	.	PUNCT
ejge-10225	488	1	the	the	DET
ejge-10225	488	2	worth	worth	NOUN
ejge-10225	488	3	of	of	ADP
ejge-10225	488	4	these	these	DET
ejge-10225	488	5	aums	aum	NOUN
ejge-10225	488	6	in	in	ADP
ejge-10225	488	7	trillions	trillion	NOUN
ejge-10225	488	8	2010	2010	NUM
ejge-10225	488	9	2011	2011	NUM
ejge-10225	488	10	2012	2012	NUM
ejge-10225	488	11	2013	2013	NUM
ejge-10225	488	12	2014	2014	NUM
ejge-10225	488	13	2015	2015	NUM
ejge-10225	488	14	2016	2016	NUM
ejge-10225	488	15	2017	2017	NUM
ejge-10225	488	16	2018	2018	NUM
ejge-10225	488	17	2019	2019	NUM
ejge-10225	488	18	2020	2020	NUM
ejge-10225	488	19	2021	2021	NUM
ejge-10225	488	20	2022	2022	NUM
ejge-10225	488	21	2023	2023	NUM
ejge-10225	488	22	other	other	ADJ
ejge-10225	488	23	0.139	0.139	NUM
ejge-10225	488	24	0.149	0.149	NUM
ejge-10225	488	25	0.211	0.211	NUM
ejge-10225	488	26	0.247	0.247	NUM
ejge-10225	488	27	0.287	0.287	NUM
ejge-10225	488	28	0.322	0.322	NUM
ejge-10225	488	29	0.390	0.390	NUM
ejge-10225	488	30	0.628	0.628	NUM
ejge-10225	488	31	0.647	0.647	NUM
ejge-10225	488	32	0.900	0.900	NUM
ejge-10225	488	33	1.226	1.226	NUM
ejge-10225	488	34	1.441	1.441	NUM
ejge-10225	488	35	1.317	1.317	NUM
ejge-10225	488	36	1.396	1.396	NUM
ejge-10225	488	37	europe	europe	NOUN
ejge-10225	488	38	0.281	0.281	NUM
ejge-10225	488	39	0.268	0.268	NUM
ejge-10225	488	40	0.331	0.331	NUM
ejge-10225	488	41	0.395	0.395	NUM
ejge-10225	488	42	0.438	0.438	NUM
ejge-10225	488	43	0.488	0.488	NUM
ejge-10225	488	44	0.542	0.542	NUM
ejge-10225	488	45	0.762	0.762	NUM
ejge-10225	488	46	0.726	0.726	NUM
ejge-10225	488	47	0.974	0.974	NUM
ejge-10225	488	48	1.194	1.194	NUM
ejge-10225	488	49	1.506	1.506	NUM
ejge-10225	488	50	1.333	1.333	NUM
ejge-10225	488	51	1.454	1.454	NUM
ejge-10225	488	52	us	us	PROPN
ejge-10225	488	53	0.893	0.893	NUM
ejge-10225	488	54	0.938	0.938	NUM
ejge-10225	488	55	1.212	1.212	NUM
ejge-10225	488	56	1.612	1.612	NUM
ejge-10225	488	57	1.918	1.918	NUM
ejge-10225	488	58	2.060	2.060	NUM
ejge-10225	488	59	2.465	2.465	NUM
ejge-10225	488	60	3.300	3.300	NUM
ejge-10225	488	61	3.310	3.310	NUM
ejge-10225	488	62	4.320	4.320	NUM
ejge-10225	488	63	5.316	5.316	NUM
ejge-10225	488	64	7.074	7.074	NUM
ejge-10225	488	65	6.378	6.378	NUM
ejge-10225	488	66	6.765	6.765	NUM
ejge-10225	488	67	0	0	NUM
ejge-10225	488	68	2	2	NUM
ejge-10225	488	69	4	4	NUM
ejge-10225	488	70	6	6	NUM
ejge-10225	488	71	8	8	NUM
ejge-10225	488	72	10	10	NUM
ejge-10225	488	73	12	12	NUM
ejge-10225	488	74	us	us	PROPN
ejge-10225	488	75	europe	europe	PROPN
ejge-10225	488	76	other	other	ADJ
ejge-10225	488	77	investor	investor	NOUN
ejge-10225	488	78	sentiment	sentiment	NOUN
ejge-10225	488	79	and	and	CCONJ
ejge-10225	488	80	euro	euro	PROPN
ejge-10225	488	81	area	area	NOUN
ejge-10225	488	82	etfs	etfs	PROPN
ejge-10225	488	83	appendix	appendix	PROPN
ejge-10225	488	84	b	b	PROPN
ejge-10225	488	85	the	the	DET
ejge-10225	488	86	country	country	NOUN
ejge-10225	488	87	-	-	PUNCT
ejge-10225	488	88	specific	specific	ADJ
ejge-10225	488	89	etfs	etfs	NOUN
ejge-10225	488	90	’	'	PUNCT
ejge-10225	488	91	price	price	NOUN
ejge-10225	488	92	dynamics	dynamic	NOUN
ejge-10225	488	93	for	for	ADP
ejge-10225	488	94	seven	seven	NUM
ejge-10225	488	95	countries	country	NOUN
ejge-10225	488	96	for	for	ADP
ejge-10225	488	97	the	the	DET
ejge-10225	488	98	period	period	NOUN
ejge-10225	488	99	from	from	ADP
ejge-10225	488	100	march	march	PROPN
ejge-10225	488	101	1st	1st	NOUN
ejge-10225	488	102	,	,	PUNCT
ejge-10225	488	103	2015	2015	NUM
ejge-10225	488	104	,	,	PUNCT
ejge-10225	488	105	to	to	ADP
ejge-10225	488	106	march	march	PROPN
ejge-10225	488	107	1st	1st	NOUN
ejge-10225	488	108	,	,	PUNCT
ejge-10225	488	109	2023	2023	NUM
ejge-10225	488	110	,	,	PUNCT
ejge-10225	488	111	denominated	denominate	VERB
ejge-10225	488	112	in	in	ADP
ejge-10225	488	113	eur	eur	PROPN
ejge-10225	488	114	note	note	NOUN
ejge-10225	488	115	:	:	PUNCT
ejge-10225	488	116	the	the	DET
ejge-10225	488	117	prices	price	NOUN
ejge-10225	488	118	of	of	ADP
ejge-10225	488	119	the	the	DET
ejge-10225	488	120	following	follow	VERB
ejge-10225	488	121	etfs	etfs	PROPN
ejge-10225	488	122	have	have	AUX
ejge-10225	488	123	been	be	AUX
ejge-10225	488	124	used	use	VERB
ejge-10225	488	125	in	in	ADP
ejge-10225	488	126	the	the	DET
ejge-10225	488	127	model	model	NOUN
ejge-10225	488	128	such	such	ADJ
ejge-10225	488	129	as	as	ADP
ejge-10225	488	130	ishares	ishares	PROPN
ejge-10225	488	131	atx	atx	PROPN
ejge-10225	488	132	ucits	ucit	NOUN
ejge-10225	488	133	etf	etf	NOUN
ejge-10225	488	134	(	(	PUNCT
ejge-10225	488	135	de	de	PROPN
ejge-10225	488	136	)	)	PUNCT
ejge-10225	488	137	(	(	PUNCT
ejge-10225	488	138	ex01	ex01	PROPN
ejge-10225	488	139	)	)	PUNCT
ejge-10225	488	140	for	for	ADP
ejge-10225	488	141	austria	austria	PROPN
ejge-10225	488	142	,	,	PUNCT
ejge-10225	488	143	lyxor	lyxor	VERB
ejge-10225	488	144	ucits	ucit	NOUN
ejge-10225	488	145	bel	bel	VERB
ejge-10225	488	146	20	20	NUM
ejge-10225	488	147	tr	tr	NOUN
ejge-10225	488	148	(	(	PUNCT
ejge-10225	488	149	bel	bel	NOUN
ejge-10225	488	150	)	)	PUNCT
ejge-10225	488	151	for	for	ADP
ejge-10225	488	152	belgium	belgium	PROPN
ejge-10225	488	153	,	,	PUNCT
ejge-10225	488	154	ishares	ishares	PROPN
ejge-10225	488	155	core	core	PROPN
ejge-10225	488	156	dax	dax	PROPN
ejge-10225	488	157	®	®	PROPN
ejge-10225	488	158	ucits	ucit	NOUN
ejge-10225	488	159	etf	etf	NOUN
ejge-10225	488	160	(	(	PUNCT
ejge-10225	488	161	de	de	NOUN
ejge-10225	488	162	)	)	PUNCT
ejge-10225	488	163	eur	eur	PROPN
ejge-10225	488	164	(	(	PUNCT
ejge-10225	488	165	acc	acc	PROPN
ejge-10225	488	166	)	)	PUNCT
ejge-10225	488	167	(	(	PUNCT
ejge-10225	488	168	gdaxiex	gdaxiex	PROPN
ejge-10225	488	169	)	)	PUNCT
ejge-10225	488	170	for	for	ADP
ejge-10225	488	171	germany	germany	PROPN
ejge-10225	488	172	,	,	PUNCT
ejge-10225	488	173	accion	accion	PROPN
ejge-10225	488	174	ibex	ibex	ADJ
ejge-10225	488	175	35	35	NUM
ejge-10225	488	176	cotizado	cotizado	NOUN
ejge-10225	488	177	armonizado	armonizado	NOUN
ejge-10225	488	178	fi	fi	NOUN
ejge-10225	488	179	(	(	PUNCT
ejge-10225	488	180	bbvai	bbvai	VERB
ejge-10225	488	181	)	)	PUNCT
ejge-10225	488	182	for	for	ADP
ejge-10225	488	183	spain	spain	PROPN
ejge-10225	488	184	,	,	PUNCT
ejge-10225	488	185	lyxor	lyxor	VERB
ejge-10225	488	186	ucits	ucit	NOUN
ejge-10225	488	187	cac	cac	PROPN
ejge-10225	488	188	40	40	NUM
ejge-10225	488	189	(	(	PUNCT
ejge-10225	488	190	dr	dr	PROPN
ejge-10225	488	191	)	)	PUNCT
ejge-10225	488	192	d	d	PROPN
ejge-10225	488	193	-	-	PUNCT
ejge-10225	488	194	eur	eur	ADJ
ejge-10225	488	195	(	(	PUNCT
ejge-10225	488	196	cac	cac	PROPN
ejge-10225	488	197	)	)	PUNCT
ejge-10225	488	198	for	for	ADP
ejge-10225	488	199	france	france	PROPN
ejge-10225	488	200	,	,	PUNCT
ejge-10225	488	201	lyxor	lyxor	VERB
ejge-10225	488	202	ucits	ucit	NOUN
ejge-10225	488	203	ftse	ftse	PROPN
ejge-10225	488	204	mib	mib	PROPN
ejge-10225	488	205	(	(	PUNCT
ejge-10225	488	206	etfmib	etfmib	PROPN
ejge-10225	488	207	)	)	PUNCT
ejge-10225	488	208	for	for	ADP
ejge-10225	488	209	italy	italy	PROPN
ejge-10225	488	210	,	,	PUNCT
ejge-10225	488	211	ishares	ishares	PROPN
ejge-10225	488	212	aex	aex	PROPN
ejge-10225	488	213	ucits	ucit	NOUN
ejge-10225	488	214	(	(	PUNCT
ejge-10225	488	215	iaex	iaex	PROPN
ejge-10225	488	216	)	)	PUNCT
ejge-10225	488	217	for	for	ADP
ejge-10225	488	218	the	the	DET
ejge-10225	488	219	netherlands	netherlands	PROPN
ejge-10225	488	220	.	.	PUNCT
ejge-10225	489	1	source	source	NOUN
ejge-10225	489	2	:	:	PUNCT
ejge-10225	489	3	compiled	compile	VERB
ejge-10225	489	4	by	by	ADP
ejge-10225	489	5	the	the	DET
ejge-10225	489	6	authors	author	NOUN
ejge-10225	489	7	based	base	VERB
ejge-10225	489	8	on	on	ADP
ejge-10225	489	9	investing.com	investing.com	X
ejge-10225	489	10	(	(	PUNCT
ejge-10225	489	11	2023	2023	NUM
ejge-10225	489	12	)	)	PUNCT
ejge-10225	489	13	.	.	PUNCT
ejge-10225	490	1	186	186	NUM
ejge-10225	490	2	pavlo	pavlo	PROPN
ejge-10225	490	3	dziuba	dziuba	PROPN
ejge-10225	490	4	et	et	PROPN
ejge-10225	490	5	al	al	PROPN
ejge-10225	490	6	.	.	PUNCT
ejge-10225	490	7	appendix	appendix	PROPN
ejge-10225	490	8	c	c	VERB
ejge-10225	490	9	the	the	DET
ejge-10225	490	10	country	country	NOUN
ejge-10225	490	11	-	-	PUNCT
ejge-10225	490	12	specific	specific	ADJ
ejge-10225	490	13	cci	cci	NOUN
ejge-10225	490	14	value	value	NOUN
ejge-10225	490	15	dynamics	dynamic	NOUN
ejge-10225	490	16	for	for	ADP
ejge-10225	490	17	seven	seven	NUM
ejge-10225	490	18	countries	country	NOUN
ejge-10225	490	19	for	for	ADP
ejge-10225	490	20	the	the	DET
ejge-10225	490	21	period	period	NOUN
ejge-10225	490	22	from	from	ADP
ejge-10225	490	23	march	march	PROPN
ejge-10225	490	24	1st	1st	NOUN
ejge-10225	490	25	,	,	PUNCT
ejge-10225	490	26	2015	2015	NUM
ejge-10225	490	27	,	,	PUNCT
ejge-10225	490	28	to	to	ADP
ejge-10225	490	29	march	march	PROPN
ejge-10225	490	30	1st	1st	NOUN
ejge-10225	490	31	,	,	PUNCT
ejge-10225	490	32	2023	2023	NUM
ejge-10225	490	33	.	.	PUNCT
ejge-10225	491	1	source	source	NOUN
ejge-10225	491	2	:	:	PUNCT
ejge-10225	491	3	compiled	compile	VERB
ejge-10225	491	4	by	by	ADP
ejge-10225	491	5	the	the	DET
ejge-10225	491	6	authors	author	NOUN
ejge-10225	491	7	based	base	VERB
ejge-10225	491	8	on	on	ADP
ejge-10225	491	9	oecd	oecd	PROPN
ejge-10225	491	10	(	(	PUNCT
ejge-10225	491	11	2023	2023	NUM
ejge-10225	491	12	)	)	PUNCT
ejge-10225	491	13	.	.	PUNCT
ejge-10225	492	1	investor	investor	NOUN
ejge-10225	492	2	sentiment	sentiment	NOUN
ejge-10225	492	3	and	and	CCONJ
ejge-10225	492	4	euro	euro	PROPN
ejge-10225	492	5	area	area	NOUN
ejge-10225	492	6	etfs	etfs	PROPN
ejge-10225	492	7	appendix	appendix	NOUN
ejge-10225	492	8	d	d	PROPN
ejge-10225	492	9	time	time	NOUN
ejge-10225	492	10	series	series	PROPN
ejge-10225	492	11	plot	plot	NOUN
ejge-10225	492	12	of	of	ADP
ejge-10225	492	13	ishares	ishares	PROPN
ejge-10225	492	14	msci	msci	PROPN
ejge-10225	492	15	eurozone	eurozone	NOUN
ejge-10225	492	16	etf	etf	NOUN
ejge-10225	492	17	prices	price	NOUN
ejge-10225	492	18	for	for	ADP
ejge-10225	492	19	the	the	DET
ejge-10225	492	20	period	period	NOUN
ejge-10225	492	21	from	from	ADP
ejge-10225	492	22	march	march	PROPN
ejge-10225	492	23	1st	1st	NOUN
ejge-10225	492	24	,	,	PUNCT
ejge-10225	492	25	2015	2015	NUM
ejge-10225	492	26	,	,	PUNCT
ejge-10225	492	27	to	to	ADP
ejge-10225	492	28	march	march	PROPN
ejge-10225	492	29	1st	1st	NOUN
ejge-10225	492	30	,	,	PUNCT
ejge-10225	492	31	2023	2023	NUM
ejge-10225	492	32	,	,	PUNCT
ejge-10225	492	33	denominated	denominate	VERB
ejge-10225	492	34	in	in	ADP
ejge-10225	492	35	usd	usd	PROPN
ejge-10225	492	36	.	.	PUNCT
ejge-10225	493	1	source	source	NOUN
ejge-10225	493	2	:	:	PUNCT
ejge-10225	493	3	compiled	compile	VERB
ejge-10225	493	4	by	by	ADP
ejge-10225	493	5	the	the	DET
ejge-10225	493	6	authors	author	NOUN
ejge-10225	493	7	based	base	VERB
ejge-10225	493	8	on	on	ADP
ejge-10225	493	9	investing.com	investing.com	X
ejge-10225	493	10	(	(	PUNCT
ejge-10225	493	11	2023	2023	NUM
ejge-10225	493	12	)	)	PUNCT
ejge-10225	493	13	.	.	PUNCT
ejge-10225	494	1	188	188	NUM
ejge-10225	494	2	pavlo	pavlo	NOUN
ejge-10225	494	3	dziuba	dziuba	PROPN
ejge-10225	494	4	et	et	PROPN
ejge-10225	494	5	al	al	PROPN
ejge-10225	494	6	.	.	PUNCT
ejge-10225	495	1	appendix	appendix	PROPN
ejge-10225	495	2	e	e	PROPN
ejge-10225	495	3	time	time	NOUN
ejge-10225	495	4	series	series	PROPN
ejge-10225	495	5	plot	plot	NOUN
ejge-10225	495	6	of	of	ADP
ejge-10225	495	7	aggregate	aggregate	ADJ
ejge-10225	495	8	consumer	consumer	NOUN
ejge-10225	495	9	confidence	confidence	NOUN
ejge-10225	495	10	index	index	NOUN
ejge-10225	495	11	values	value	NOUN
ejge-10225	495	12	for	for	ADP
ejge-10225	495	13	19	19	NUM
ejge-10225	495	14	euro	euro	NOUN
ejge-10225	495	15	area	area	NOUN
ejge-10225	495	16	markets	market	NOUN
ejge-10225	495	17	for	for	ADP
ejge-10225	495	18	the	the	DET
ejge-10225	495	19	period	period	NOUN
ejge-10225	495	20	from	from	ADP
ejge-10225	495	21	march	march	PROPN
ejge-10225	495	22	1st	1st	NOUN
ejge-10225	495	23	,	,	PUNCT
ejge-10225	495	24	2015	2015	NUM
ejge-10225	495	25	,	,	PUNCT
ejge-10225	495	26	to	to	ADP
ejge-10225	495	27	march	march	PROPN
ejge-10225	495	28	1st	1st	NOUN
ejge-10225	495	29	,	,	PUNCT
ejge-10225	495	30	2023	2023	NUM
ejge-10225	495	31	.	.	PUNCT
ejge-10225	496	1	source	source	NOUN
ejge-10225	496	2	:	:	PUNCT
ejge-10225	496	3	compiled	compile	VERB
ejge-10225	496	4	by	by	ADP
ejge-10225	496	5	the	the	DET
ejge-10225	496	6	authors	author	NOUN
ejge-10225	496	7	based	base	VERB
ejge-10225	496	8	on	on	ADP
ejge-10225	496	9	oecd	oecd	PROPN
ejge-10225	496	10	(	(	PUNCT
ejge-10225	496	11	2023	2023	NUM
ejge-10225	496	12	)	)	PUNCT
ejge-10225	496	13	.	.	PUNCT
ejge-10225	497	1	1	1	X
ejge-10225	497	2	.	.	X
ejge-10225	497	3	introduction	introduction	NOUN
ejge-10225	497	4	2	2	NUM
ejge-10225	497	5	.	.	PUNCT
ejge-10225	498	1	literature	literature	NOUN
ejge-10225	498	2	review	review	NOUN
ejge-10225	498	3	3	3	X
ejge-10225	498	4	.	.	PUNCT
ejge-10225	498	5	materials	material	NOUN
ejge-10225	498	6	and	and	CCONJ
ejge-10225	498	7	methods	method	NOUN
ejge-10225	498	8	4	4	NUM
ejge-10225	498	9	.	.	PUNCT
ejge-10225	498	10	results	result	VERB
ejge-10225	498	11	5	5	NUM
ejge-10225	498	12	.	.	PUNCT
ejge-10225	498	13	discussion	discussion	NOUN
ejge-10225	498	14	6	6	NUM
ejge-10225	498	15	.	.	PUNCT
ejge-10225	499	1	conclusions	conclusion	NOUN
ejge-10225	499	2	references	reference	NOUN
ejge-10225	499	3	appendix	appendix	VERB
ejge-10225	499	4	a	a	DET
ejge-10225	499	5	appendix	appendix	NOUN
ejge-10225	499	6	b	b	NOUN
ejge-10225	499	7	appendix	appendix	X
ejge-10225	499	8	c	c	NOUN
ejge-10225	499	9	appendix	appendix	X
ejge-10225	499	10	d	d	X
ejge-10225	499	11	appendix	appendix	X
ejge-10225	499	12	e	e	NOUN