Do natural phenomena affect stocks' yield in Israel

• Autores: Nissim Ben David, Levkovitch Liran, Skalka Eshel
• Localización: Applied financial economics, ISSN 0960-3107, Vol. 22, Nº. 1-3, 2012, págs. 127-133
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • This article examines the connection between elements of nature, such as wind velocity, temperature, moon phases, earthquakes and hours of daylight, and the yield of the major index in the Israeli stock exchange. We find that felt earthquakes do not have an affect on yield, while rainy days have a negative affect while wind speed and temperature have a mixed affect.