When discretion is better: Initial conditions and the timeless perspective |
| |
| Authors: | Christina V Atanasova Robert S Hudson |
| |
| Institution: | 1. School of Business Administration, Simon Fraser University, Canada;2. Newcastle University Business School, Ridley Building, Newcastle NE1 7RU, United Kingdom;1. School of Business, University of Buckingham, Buckingham MK18 1EG, UK;2. Southampton Business School, University of Southampton, Southampton SO17 1BJ, UK;3. School of Business, University of Dundee, Dundee DD1 4HN, UK;4. School of Commerce, University of South Australia, Adelaide SA 5001, Australia;1. Mendoza College of Business, University of Notre Dame, United States;2. School of Business Administration, Wayne State University, United States;3. University of California, Riverside, United States;4. Binghamton University School of Management, Binghamton, NY 13902-6000, United States |
| |
| Abstract: | The predictive ability of technical trading rules and the presence of calendar anomalies are well known, but theoretically anomalous, features of equity markets. We show that while some rules exploit calendar effects they are primarily being driven by other factors. |
| |
| Keywords: | |
| 本文献已被 ScienceDirect 等数据库收录！ |
|
