{"id":"https://openalex.org/W2010996252","doi":"https://doi.org/10.1016/s0927-5398(02)00004-x","title":"Dividends, nonsynchronous prices, and the returns from trading the Dow Jones Industrial Average","display_name":"Dividends, nonsynchronous prices, and the returns from trading the Dow Jones Industrial Average","publication_year":2002,"publication_date":"2002-11-01","ids":{"openalex":"https://openalex.org/W2010996252","doi":"https://doi.org/10.1016/s0927-5398(02)00004-x","mag":"2010996252"},"language":"en","primary_location":{"id":"doi:10.1016/s0927-5398(02)00004-x","doi":"https://doi.org/10.1016/s0927-5398(02)00004-x","is_oa":false,"landing_page_url":"https://doi.org/10.1016/s0927-5398(02)00004-x","pdf_url":null,"source":{"id":"https://openalex.org/S145875555","display_name":"Journal of Empirical Finance","issn_l":"0927-5398","issn":["0927-5398","1879-1727"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-2","jufo-2","norway-2","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Empirical Finance","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5110912168","display_name":"Theodore E. Day","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I162577319","display_name":"The University of Texas at Dallas","ror":"https://ror.org/049emcs32","country_code":"US","type":"education","lineage":["https://openalex.org/I162577319"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Theodore E Day","raw_affiliation_strings":["School of Management, University of Texas at Dallas, Box 830688 Station Jo 5.1, 2601 North Floyd Road, Richardson, TX 75083-0688 USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Management, University of Texas at Dallas, Box 830688 Station Jo 5.1, 2601 North Floyd Road, Richardson, TX 75083-0688 USA","institution_ids":["https://openalex.org/I162577319"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5045385494","display_name":"Pingying Wang","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I4401726951","display_name":"Invesco (United States)","ror":"https://ror.org/017sz3r20","country_code":"US","type":"company","lineage":["https://openalex.org/I4401726951"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Pingying Wang","raw_affiliation_strings":["Invesco Realty Advisors, One Lincoln Centre, Suite 700, 5400 LBJ Freeway/LB 2, Dallas, TX 75240 USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Invesco Realty Advisors, One Lincoln Centre, Suite 700, 5400 LBJ Freeway/LB 2, Dallas, TX 75240 USA","institution_ids":["https://openalex.org/I4401726951"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5110912168"],"corresponding_institution_ids":["https://openalex.org/I162577319"],"apc_list":{"value":2940,"currency":"USD","value_usd":2940},"apc_paid":null,"fwci":2.7353,"has_fulltext":false,"cited_by_count":54,"citation_normalized_percentile":{"value":0.91860148,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":99},"biblio":{"volume":"9","issue":"4","first_page":"431","last_page":"454"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11326","display_name":"Stock Market Forecasting Methods","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10282","display_name":"Financial Risk and Volatility Modeling","score":0.0,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/dow-jones-industrial-average","display_name":"Dow Jones Industrial Average","score":0.8980000019073486},{"id":"https://openalex.org/keywords/technical-trading-rules","display_name":"technical trading rules","score":0.6639999747276306},{"id":"https://openalex.org/keywords/informational-efficiency","display_name":"information efficiency","score":0.7379999756813049},{"id":"https://openalex.org/keywords/dividend-adjustment","display_name":"dividend adjustment","score":0.5329999923706055},{"id":"https://openalex.org/keywords/trading-profits","display_name":"trading profits","score":0.7789999842643738},{"id":"https://openalex.org/keywords/bootstrap-simulation","display_name":"bootstrap simulation","score":0.7170000076293945},{"id":"https://openalex.org/keywords/buy-and-hold-returns","display_name":"buy-and-hold returns","score":0.7549999952316284},{"id":"https://openalex.org/keywords/stock-index-returns","display_name":"stock index returns","score":0.3580000102519989}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7126235365867615},{"id":"https://openalex.org/C116168712","wikidata":"https://www.wikidata.org/wiki/Q181201","display_name":"Dividend","level":2,"score":0.6935029029846191},{"id":"https://openalex.org/C2778775528","wikidata":"https://www.wikidata.org/wiki/Q5135432","display_name":"Closing (real estate)","level":2,"score":0.6224527955055237},{"id":"https://openalex.org/C2777382242","wikidata":"https://www.wikidata.org/wiki/Q6017816","display_name":"Index (typography)","level":2,"score":0.6058926582336426},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.5384656190872192},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.5230734944343567},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.48138144612312317},{"id":"https://openalex.org/C131562839","wikidata":"https://www.wikidata.org/wiki/Q1574928","display_name":"Trading strategy","level":2,"score":0.4281002879142761},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.3808554410934448},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.13986337184906006},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0},{"id":"https://openalex.org/C136764020","wikidata":"https://www.wikidata.org/wiki/Q466","display_name":"World Wide Web","level":1,"score":0.0},{"id":"https://openalex.org/C78519656","wikidata":"https://www.wikidata.org/wiki/Q101333","display_name":"Mechanical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1016/s0927-5398(02)00004-x","doi":"https://doi.org/10.1016/s0927-5398(02)00004-x","is_oa":false,"landing_page_url":"https://doi.org/10.1016/s0927-5398(02)00004-x","pdf_url":null,"source":{"id":"https://openalex.org/S145875555","display_name":"Journal of Empirical Finance","issn_l":"0927-5398","issn":["0927-5398","1879-1727"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-2","jufo-2","norway-2","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Empirical Finance","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:eee:empfin:v:9:y:2002:i:4:p:431-454","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S0927-5398(02)00004-X","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[{"display_name":"Reduced inequalities","id":"https://metadata.un.org/sdg/10","score":0.6100000143051147}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":20,"referenced_works":["https://openalex.org/W1508947067","https://openalex.org/W1989275788","https://openalex.org/W2032269423","https://openalex.org/W2067307660","https://openalex.org/W2070891096","https://openalex.org/W2075194507","https://openalex.org/W2085317472","https://openalex.org/W2101544483","https://openalex.org/W2135606128","https://openalex.org/W2143152597","https://openalex.org/W2148412466","https://openalex.org/W2155526589","https://openalex.org/W2161855990","https://openalex.org/W2166688646","https://openalex.org/W3121518808","https://openalex.org/W3121738594","https://openalex.org/W3124941243","https://openalex.org/W3151910759","https://openalex.org/W4210609092","https://openalex.org/W4285719527"],"related_works":["https://openalex.org/W3134810366","https://openalex.org/W1970190119","https://openalex.org/W2151117768","https://openalex.org/W1494398297","https://openalex.org/W4304190509","https://openalex.org/W1606123897","https://openalex.org/W2174194260","https://openalex.org/W2977572486","https://openalex.org/W2125725225","https://openalex.org/W2089217776"],"abstract_inverted_index":null,"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2023,"cited_by_count":3},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":3},{"year":2019,"cited_by_count":2},{"year":2018,"cited_by_count":2},{"year":2017,"cited_by_count":5},{"year":2016,"cited_by_count":6},{"year":2015,"cited_by_count":3},{"year":2014,"cited_by_count":4},{"year":2013,"cited_by_count":7},{"year":2012,"cited_by_count":2}],"updated_date":"2026-10-27T15:51:10.671819","created_date":"2016-06-24T00:00:00"}