Articles scientifiques

Asset Markets and Equilibrium Processes

J. Dutta, H. M. POLEMARCHAKIS

Review of Economic Studies

1990, n°57

Départements : Finance


Competitive Allocations Under Uncertainty When the Asset Market is Incomplete

H. M. POLEMARCHAKIS

Geneva Papers on Risk and Insurance Theory

1990, n°15

Départements : Finance


Convexity and Sunspots: A Comment

H. M. POLEMARCHAKIS

Review of Economic Studies

1990, n°52

Départements : Finance


Day-of-week effect on the Paris Bourse

L. Bousquet, B. SOLNIK

Journal of Banking and Finance

1990, vol. 14, pp.461-469

Départements : Finance


We present evidence on the day-of-the-week effect on a stock market with a particular settlement procedure: the Paris Bourse. A strong and persistent negative return is found on Tuesdays. A similar result was previously found for Japan and Australia. The settlement procedure is shown to have an effect on the distribution of daily returns consistent with forward pricing theory; it cannot explain the negative Tuesday return. After adjusting for this settlement effect, the mean return on Mondays is the largest in the week, a result at odds with the evidence in the U.S.A

Evolution des valeurs foncières dans l'espace vaudois : des effets de milieu aux effets de voisinage

M. ROCKINGER, J. Racine, V. Ruffy

L'Espace Géographique

1990, n°3

Départements : Finance



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