| dc.contributor | 政大財管系 | en_US |
| dc.creator (作者) | 陸靜;周冠男 | zh_TW |
| dc.creator (作者) | Lu, Jing;Chou, Robin K. | en_US |
| dc.date (日期) | 2012-01 | en_US |
| dc.date.accessioned | 12-Dec-2013 17:10:58 (UTC+8) | - |
| dc.date.available | 12-Dec-2013 17:10:58 (UTC+8) | - |
| dc.date.issued (上傳時間) | 12-Dec-2013 17:10:58 (UTC+8) | - |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/62428 | - |
| dc.description.abstract (摘要) | We study the association between weather-related mood factors and stock index returns in an order-driven market, the Shanghai Stock Exchange (SSE) of China. Our results indicate that asset returns are unaffected by changes in mood introduced by factors including the weather and the onset and recovery from SAD. In contrast, many of these variables are strongly correlated with a reduction in market turnover and liquidity, consistent with investor mood driving variations in market activity. Overall, we show that in an order-driven market, environmental impacts on sentiment are likely to affect trading activities, but not returns. | en_US |
| dc.format.extent | 330610 bytes | - |
| dc.format.mimetype | application/pdf | - |
| dc.language.iso | en_US | - |
| dc.relation (關聯) | Journal of Empirical Finance, 19(1), 79-93 | en_US |
| dc.subject (關鍵詞) | Behavioral finance;Seasonal affective disorder;Stock market;Trading activity;Weather | en_US |
| dc.title (題名) | Does the Weather have Impacts on Returns and Trading Activities in Order-driven Stock Markets? Evidence from China | en_US |
| dc.type (資料類型) | article | en |
| dc.identifier.doi (DOI) | 10.1016/j.jempfin.2011.10.001 | en_US |
| dc.doi.uri (DOI) | http://dx.doi.org/http://dx.doi.org/10.1016/j.jempfin.2011.10.001 | en_US |
