Keef, Stephen; Roush, Melvin - In: Applied Financial Economics 14 (2004) 12, pp. 859-873
This study examines day-of-the-week effects in short term New Zealand bank bills with maturities of 30, 60 and 90 days. The analysis is based on a within-subject design. The spot interest rates within a week are treated as repeated measures on the same subject. These interest rates are...