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The relationship between stock indices and stock index futures from 3:00–3:15: A note

✍ Scribed by Edwin D. Maberly

Publisher
John Wiley and Sons
Year
1989
Tongue
English
Weight
100 KB
Volume
9
Category
Article
ISSN
0270-7314

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✦ Synopsis

Patrick and Schneeweis (1988)

' Lakonishok and Smidt (1988) observed that high dividend returns on Mondays is a recent phenomenon. "In 1981, forty-two percent of the dividends were paid on Mondays. However, the daily dividend returns are much too small to explain the weekly seasonal.

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