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

Language: English

Published by Anchor Academic Publishing Mai 2013, 2013

3954890569 / 9783954890569

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This item is printed on demand - it takes 3-4 days longer - Neuware -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. 56 pp. Englisch.

Seller Inventory # 9783954890569

Title
The effect of weather on stock returns: A comparison between emerging and developed markets
Author
Irina Prodan
Publisher
Anchor Academic Publishing Mai 2013
Publication year
2013
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3954890569
ISBN 13
9783954890569
Item weight
105 grams
Dimensions
220x155x5 mm

BuchWeltWeit Ludwig Meier e.K.

Bergisch Gladbach, Germany

5-star seller

AbeBooks seller since January 11, 2012

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