CAUSALITY OF WEATHER CONDITIONS IN AUSTRALIAN STOCK EQUITY RETURNS

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Svetlana Vlady; Ekrem Tufan; Bahattin Hamarat;
(2011)
  • Journal: Revista Tinerior Economisti(The Young Economists Journal),volume 1,issue 16 April,pages161-175
  • Subject: Weather Effect, Granger Causality Test, Australian Stock Exchange, ARCH and GARCH Tests
    • jel: jel:G10 | jel:G14

This study investigates causality of weather and its impact on the The S&P/ASX All Australian 200 Index has been selected as a proxy for the Australian capital market. The index consists exclusively of Australian domiciled companies. Following previous research in behav... View more
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