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- W185867657 abstract "Previous research has recognized strong and robust links between seasonal variation in length of day, seasonal depression risk aversion and stock market returns. The influence of Seasonal Affective Disorder (SAD) on market returns is known as the SAD effect. We study the SAD effect in the context of the Tunisian stock exchange. Using the daily return data of the Tunisian stock market indices - BVMT and TUNINDEX - for the period January 1998 to December 2008, we do not confirm the presence of the SAD effect on the market returns. Our results may be explained by the geographic location of Tunis city at latitudes closer to the equator line (36° North), where SAD effect becomes generally less significant." @default.
- W185867657 created "2016-06-24" @default.
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- W185867657 date "2012-01-11" @default.
- W185867657 modified "2023-09-26" @default.
- W185867657 title "Winter Blues, Investor Mood and Stock Market Returns: Evidence from the Tunisian Stock Exchange" @default.
- W185867657 hasPublicationYear "2012" @default.
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