The effect of weather on stock returns: A comparison between emerging and developed markets di Irina Prodan edito da Anchor Academic Publishing
Alta reperibilità

The effect of weather on stock returns: A comparison between emerging and developed markets

A Comparison Between Emerging And Developed Markets

EAN:

9783954890569

ISBN:

3954890569

Pagine:
56
Formato:
Paperback
Lingua:
Tedesco
Acquistabile con o la

Descrizione The effect of weather on stock returns: A comparison between emerging and developed markets

One renowned and frequently researched anomaly over the last two decades is the weather effect, more precisely, the impact of weather on stock market returns. The extensive literature on the weather effect fails to converge towards a unique, systematic and robust relationship between the weather, and the stock market. Therefore, the aim of this paper is to explain the contradictory results in the literature by testing whether stock prices are affected by the weather in a significantly different manner depending on the level of market development, and explaining how this difference behaves over time. In order to test for this, city-by-city, pooled and binary regressions are employed using data of 10 developed, and 10 emerging countries over the period 1996-2011 by using two different means of seasonal adjustment.

Spedizione gratuita
€ 56.39
o 3 rate da € 18.80 senza interessi con
Disponibile in 10-12 giorni
servizio Prenota Ritiri su libro The effect of weather on stock returns: A comparison between emerging and developed markets
Prenota e ritira
Scegli il punto di consegna e ritira quando vuoi

Recensioni degli utenti

e condividi la tua opinione con gli altri utenti