## Abstract This study provides a new and economically plausible explanation for turnβofβtheβmonth and intramonth anomalies. It is suggested that these anomalies arise from clustered information, namely from important macroeconomic news announcements, which are released systematically at a certain
Institutional Investment and the Turn-of-the-Month Effect: Evidence from REITs
β Scribed by Jonathan A. Wiley; Leonard V. Zumpano
- Publisher
- Springer US
- Year
- 2008
- Tongue
- English
- Weight
- 298 KB
- Volume
- 39
- Category
- Article
- ISSN
- 0895-5638
No coin nor oath required. For personal study only.
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