Curtin University Homepage
  • Library
  • Help
    • Admin

    espace - Curtin’s institutional repository

    JavaScript is disabled for your browser. Some features of this site may not work without it.
    View Item 
    • espace Home
    • espace
    • Curtin Research Publications
    • View Item
    • espace Home
    • espace
    • Curtin Research Publications
    • View Item

    (Unusual) weather and stock returns - I am not in the mood for mood: further evidence from international markets

    Access Status
    Fulltext not available
    Authors
    Apergis, N.
    Gabrielsen, A.
    Smales, Lee
    Date
    2016
    Type
    Journal Article
    
    Metadata
    Show full item record
    Citation
    Apergis, N. and Gabrielsen, A. and Smales, L. 2016. (Unusual) weather and stock returns - I am not in the mood for mood: further evidence from international markets. Financial Markets and Portfolio Management. 30 (1): pp. 63-94.
    Source Title
    Financial Markets and Portfolio Management
    DOI
    10.1007/s11408-016-0262-z
    ISSN
    1934-4554
    School
    Department of Finance and Banking
    URI
    http://hdl.handle.net/20.500.11937/29465
    Collection
    • Curtin Research Publications
    Abstract

    This paper investigates the explanatory power of weather variables deviations in two leading international financial trading centres (New York and London) on 58 global stock indices over the period September 2000 to December 2013. The empirical results find that unusual deviations of weather variables from their monthly averages have a statistically significant effect on stock returns across global returns. The paper also attempts to explain these effects through the sales and energy prices mechanisms. The results provide strong support to both mechanisms.

    Advanced search

    Browse

    Communities & CollectionsIssue DateAuthorTitleSubjectDocument TypeThis CollectionIssue DateAuthorTitleSubjectDocument Type

    My Account

    Admin

    Statistics

    Most Popular ItemsStatistics by CountryMost Popular Authors

    Follow Curtin

    • 
    • 
    • 
    • 
    • 

    CRICOS Provider Code: 00301JABN: 99 143 842 569TEQSA: PRV12158

    Copyright | Disclaimer | Privacy statement | Accessibility

    Curtin would like to pay respect to the Aboriginal and Torres Strait Islander members of our community by acknowledging the traditional owners of the land on which the Perth campus is located, the Whadjuk people of the Nyungar Nation; and on our Kalgoorlie campus, the Wongutha people of the North-Eastern Goldfields.