頁籤選單縮合
題 名 | Some International Evidence on the Seasonality of Stock Prices |
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作 者 | Hamori, Shigeyuki; Tokihisa, Akira; | 書刊名 | International Journal of Business and Economics |
卷 期 | 1:1 民91.04 |
頁 次 | 頁79-86 |
分類號 | 563.53 |
關鍵詞 | Seasonal integration; Stock prices; Monthly effects; |
語 文 | 英文(English) |
英文摘要 | This paper performs seasonal integration tests based on stock price indices for the G7 countries. Nonseasonal unit roots were found in all countries. This implies that the (1-B) filter is all that is needed to obtain the stationarity of stock prices, and the inclusion of dummy variables is all that is needed to consider seasonality in stock prices. |
本系統中英文摘要資訊取自各篇刊載內容。