Investigating Seasonal Patterns in Developing Countries: The Case of FYROM Stock Market
This paper uses a data set from FYROM Stock Exchange to investigate the presence of calendar effects in this recently organised equity market during the period 2002–2008. Five well known calendar effects are examined by both mean (OLS) and variance (GARCH) regressions; the day of the week effect, th...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
EconJournals
2011-12-01
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| Series: | International Journal of Economics and Financial Issues |
| Subjects: | |
| Online Access: | https://dergipark.org.tr/tr/pub/ijefi/issue/31951/351807?publisher=http-www-cag-edu-tr-ilhan-ozturk |