Dicle, Mehmet; Levendis, John - In: Journal of Economics and Finance 38 (2014) 3, pp. 407-437
The aim of this study is to determine whether the DOW effect still exists, and to evaluate empirically the explanations of the DOW effect for international equity markets. Evaluating 51 markets in 33 countries for the period between January 2000 and December 2007, reveals that the DOW effect...