Keef, Stephen P.; Khaled, Mohammed; Zhu, Hui - In: International Review of Financial Analysis 18 (2009) 3, pp. 125-133
This examination of the temporal dynamics of the international Monday effect is based on 50 countries. Observed between-country differences are characterised by an economic factor based on four indices. The prior day effect captures the tendency for price changes to follow those on the prior...
