Daily seasonality in stock returns
作者： Amado Peiró
DOI: 10.1016/0165-1765(94)90140-6
关键词: Stock (geology) 、 Stock market bubble 、 Seasonality 、 Economics 、 Financial economics
摘要: Abstract Daily seasonality in stock markets is one of the most intriguing problems financial economics and a true challenge to efficiency hypothesis. This paper examines daily New York, Tokyo, London, Frankfurt, Paris Madrid recent years. The results obtained are quite different from patterns described existing literature which earlier periods.
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