Maberly, Edwin D.; Pierce, Raylene M. - In: Econ Journal Watch 1 (2004) 1, pp. 29-46
Examining the years 1970 to 1998, Bouman and Jacobsen (2002) document unusually high monthly returns during the November-April periods for both United States (U.S.) and foreign stock markets and label this phenomenon the Halloween effect. Their research suggests that the Halloween effect...
