Empirical methods in Accounting and finance Discuss the rationale behind the cross-sectional impact of investor sentiment on stock returns. Discuss the impact of investor sentiment on stock returns conditional on economic conditions. Suppose that you decide to extend the evidence on the impact of investor sentiment on stock returns to one emerging market. Select a market and motivate your selection. Critically review related literature and evaluate survey-based investor sentiment proxies and market-based investor sentiment proxies. Find two proxies for investor sentiment in your selected market, and elaborate motivation for your selection. Present descriptive statistics of (i) market returns of the selected market and (ii) investor sentiment. Examine (i) the impact of investor sentiment on stock market returns, and (ii) the impact of investor sentiment on stock market returns conditional on economic conditions. Discuss potential limitations of your work