A twist on the Monday effect in stock returns: a note
Article Abstract:
An analysis of the Mondayeffect and its application to over-the-counter (OTC) stocks is presented. It isshown that these stocks do not exhibit the same variation on the Monday effect as exchange-listed stocks. The OTC stock variation does not validate negative Monday stock returns. Economic contractions generated greater negative returns under the S&P and NASDAQ stock exchange indexes.
Publication Name: Journal of Economics and Business
Subject: Economics
ISSN: 0148-6195
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
An empirical study of inflation distortions to EVA
Article Abstract:
Inflation has significant distortion effects on economic value added (EVA) through the operating profit, the cost of capital and the capital base. An alternative EVA metric oreal EVAo which explicitly adjusts for these distortions is proposed.
Publication Name: Journal of Economics and Business
Subject: Economics
ISSN: 0148-6195
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Tests of inflation and industry portfolio stock returns. The long-run relationship between inflation and output in postwar economics
- Abstracts: A real theory of inflation and incentive anti-inflation plans. Incentive Effects of Terminations: Applications to the Credit and Labor Markets
- Abstracts: An investigation of the empirical distribution of bond returns. Filled to the Brim with Girlish Glee
- Abstracts: Bond portfolio immunization: Canadian tests. Optimal portfolio selection without short sales under the full-information covariance structure: a pedagogic consideration
- Abstracts: Money and interest rates: the effects of temporal aggregation and data revisions. Explaining the term structure of interest rates: a panel data approach