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Losing sleep at the market: the daylight saving anomaly

Article Abstract:

This study discusses that the daylight saving weekends may contribute to the 'weekend effect' experienced by financial markets each weekend. The sleep deprivation experienced by individual investors was not proven to have a major affect on market prices.

Author: Kamstra, Mark J., Kramer, Lisa A., Levi, Maurice D.
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2000
Statistical Data Included, Research, Exchanges, Sleep deprivation, Daylight saving, Daylight savings time

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Struggling to understand the stock market

Article Abstract:

An economist tries to understand the behavior of the stock market by studying how stocks values are derived. He believes that stock market movements are not random, but are controlled by rational economic decisions made by investors.

Author: Hall, Robert E.
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2001
Methods, Corporations, Valuation

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Winter blues: a SAD stock market cycle

Article Abstract:

It is observed that people are affected with depression during the seasons with relatively fewer hours of daylight, a phenomenon termed as seasonal affective disorder. The effects of SAD on stock market cycle are discussed.

Author: Kamstra, Mark J., Kramer, Lisa A., Levi, Maurice D.
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2003
Financial management, Psychological aspects, Company investment, Investments, Investors, Seasonal affective disorder, Stock markets, Stock market

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Subjects list: United States, Analysis, Economic aspects, Stock-exchange, Stock exchanges, Securities industry
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