Stavarek, Daniel; Heryan, Tomas - Volkswirtschaftliche Fakultät, … - 2012
The aim of the paper is to estimate the day of the week effect in the stock markets in the Czech Republic, Hungary and …-period using daily returns of the major national stock market indices. The day of the week effect is measured for both daily … day of the week effect. Daily calendar anomalies are rather sporadic, isolated, unstable over time and often opposite to …