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• W2082276820 abstract "This paper examines calendar effects in Australian daily stock returns from 6 January 1958 to 30 December 2005. Three calendar effects—day-of-the-week, turn-of-the-month and month-of-the-year—are examined using parametric tests and a regression-based approach. The results indicate that the Australian market is characterised by seasonality of all three forms, with Tuesday, September and the second trading day of the month the most significant. However, there is also evidence of parameter instability and structural breaks in these relationships, with day-of-the-week effects becoming less important in the post-1987 crash period." @default.
• W2082276820 created "2016-06-24" @default.
• W2082276820 creator A5027889195 @default.
• W2082276820 date "2008-11-28" @default.
• W2082276820 modified "2023-09-27" @default.
• W2082276820 title "The decline of calendar seasonality in the Australian stock exchange, 1958–2005" @default.
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• W2082276820 doi "https://doi.org/10.1007/s10436-008-0111-9" @default.
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