Shu, Hui-chu; Hung, Mao-Wei - In: Applied financial economics 19 (2009) 10/12, pp. 893-904
Environmental psychology studies have found evidence that wind speed has a strong influence on mood and comfort. This study investigated the relationship between wind speed and daily stock market returns across 18 European countries from 1994 to 2004. A significant and pervasive wind effect was...