Search Results - subject:"sunshine effect"

The Asymmetric Impulse of the Sunshine Effect on Stock Returns and Volatilities

Lee, Yuan-Ming; Wang, Kuan-Min - In: Amfiteatru Economic Journal 12 (2010) 28, pp. 606-633

, especially in the low cloud cover periods. Moreover, we also examine the sunshine effect with the consideration of the first and … second moments and find that when adding the two moments, the sunshine effect is not significant in the stock returns but in … market performance. The empirical finding of this study could be used to reconfirm the existence of the so-called sunshine …

Persistent link: https://www.econbiz.de/10011724726

The Asymmetric Impulse of the Sunshine Effect on Stock Returns and Volatilities

Lee, Yuan-Ming; Wang, Kuan-Min - In: The AMFITEATRU ECONOMIC journal 12 (2010) 28, pp. 606-633

Persistent link: https://www.econbiz.de/10008542772

Does the weather affect stock market volatility?

Daskalakis, George; Symeonidis, Lazaros; Markellos, Raphael - Volkswirtschaftliche Fakultät, … - 2009

This paper investigates the empirical association between stock market volatility and investor mood-proxies related to the weather (cloudiness, temperature and precipitation) and the environment (nighttime length). Overall, our results suggest that cloudiness and length of nighttime are...

Persistent link: https://www.econbiz.de/10009325599