Year: 2009
Type: article
Abstract: This paper investigates the predictive power of stock market returns in January for the subsequent 11 months’ returns across 19 countries, thereby contributing to the literature on stock market seasonalities. Only 2 out of 19 countries’ stock markets exhibit a robust Other January Effect. In the light of this evidence, we conclude that the Other January Effect is not an international phenomenon.
Source: European Journal of Finance
Authors: Martin T. Bohl, Christian A. Salm
Institution: University of Münster
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2074710349