"Meteor showers" and "heat waves" in Greek financial markets.
Journal article
Apergis, Nicholas, Katrakilidis, Costas and Papastamatis, Stamatis 1997. "Meteor showers" and "heat waves" in Greek financial markets. International Advances in Economic Research. https://doi.org/10.1007/BF02295214
Authors | Apergis, Nicholas, Katrakilidis, Costas and Papastamatis, Stamatis |
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Abstract | This paper examines the presence of "meteor showers" and "heat waves" effects in Greek financial markets. In particular, the relationship between the stock market price index volatility and the volatility of three exchange rates (U.S. dollar, deutsche mark, and ECU) recorded on a daily basis is investigated. The results provide evidence in favor of the "heat wave" hypothesis, while the "meteor shower" hypothesis was observed only with respect to the U.S. dollar. |
Keywords | Economic Growth; Stock Market Market Price; Exchange Rate |
Year | 1997 |
Journal | International Advances in Economic Research |
Publisher | Springer |
ISSN | 1083-0898 |
1573-966X | |
Digital Object Identifier (DOI) | https://doi.org/10.1007/BF02295214 |
Web address (URL) | http://hdl.handle.net/10545/623548 |
http://creativecommons.org/licenses/by-nc-nd/4.0/ | |
hdl:10545/623548 | |
Publication dates | Nov 1997 |
Publication process dates | |
Deposited | 14 Mar 2019, 10:20 |
Contributors | University of Macedonia, Aristotelian University of Thessaloniki and Ioanian Bank of Greece |
File | File Access Level Open |
File | File Access Level Open |
Permalink -
https://repository.derby.ac.uk/item/94q5q/-meteor-showers-and-heat-waves-in-greek-financial-markets
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