Abstract
The research of the weekend effect has been widespread for several decades. The earliest research is generally considered to focus on the works of French (French, K., Journal of Financial Economics, 1980) and Gibbons and Hess (Gibbons, M., and P. Hess, Journal of Business, 1981). These papers study the S&P 500 Index and CRSP valueand equally-weighted indexes for NYSE and AMEX securities respectively. Later research has provided evidence of the existence of weekend effect all over the world. For example, Hindmarch et al. (Hindmarch, S., D. Jentsch, and D. Drew, Journal of Business Administration, 1984) found a weekend effect in the Canadian market. Jaffe and Westerfield (Jaffe, J., and R. Westerfield, Journal of Finance, 1985) found weekday effects similar to those in the U.S. market for the Canadian, British, Japanese, and Australian equity markets. Int Adv Econ Res (2013) 19:209–211 DOI 10.1007/s11294-013-9398-z
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
