The January Effect and Other Seasonal Anomalies: A Common Theoretical Framework

The January Effect and Other Seasonal Anomalies: A Common Theoretical Framework

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Description

This book applies John Maynard Keynes' theory of investor liquidity preferences to the examination of the stock market literature on the January effect and other seasonal anomalies. Keynes' theory provides a common theoretical framework and represents a paradigm shift for the examination of all seasonals. An extensive literature review is provided along with identification and empirical examinations of the intergenerational transfers hypothesis, special closings of the New York Stock Exchange, tax (estimated tax) payment effects, and an historical/contemporary retail merchandising industry seasonal.

ISBN

978-0762305520

Publication Date

1-1-2000

Publisher

Emerald Group Publishing Limited

Keywords

stock market, January Effect, seasonal anomalies, theory of investor liquidity preferences

Disciplines

Finance and Financial Management

The January Effect and Other Seasonal Anomalies: A Common Theoretical Framework

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