The effect of weather on stock returns: A comparison between emerging and developed markets
Irina Prodan
Broschiertes Buch

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

Versandkostenfrei!
Versandfertig in 6-10 Tagen
34,99 €
inkl. MwSt.
PAYBACK Punkte
0 °P sammeln!
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...