{"id":"https://openalex.org/W2049856401","doi":"https://doi.org/10.1080/13504850701675474","title":"An empirical note on the holiday effect in the Australian stock market, 1996\u20132006","display_name":"An empirical note on the holiday effect in the Australian stock market, 1996\u20132006","publication_year":2008,"publication_date":"2008-05-16","ids":{"openalex":"https://openalex.org/W2049856401","doi":"https://doi.org/10.1080/13504850701675474","mag":"2049856401"},"language":"en","primary_location":{"id":"doi:10.1080/13504850701675474","doi":"https://doi.org/10.1080/13504850701675474","is_oa":false,"landing_page_url":"https://doi.org/10.1080/13504850701675474","pdf_url":null,"source":{"id":"https://openalex.org/S96544531","display_name":"Applied Economics Letters","issn_l":"1350-4851","issn":["1350-4851","1466-4291"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","jufo-1","norway-1","poland-40","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Applied Economics Letters","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/A5078798596","display_name":"George J. Marrett","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I204824540","display_name":"University of Wollongong","ror":"https://ror.org/00jtmb277","country_code":"AU","type":"education","lineage":["https://openalex.org/I204824540"]}],"countries":["AU"],"is_corresponding":false,"raw_author_name":"George J. Marrett","raw_affiliation_strings":["University of Wollongong, Wollongong NSW, Australia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Wollongong, Wollongong NSW, Australia","institution_ids":["https://openalex.org/I204824540"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5027889195","display_name":"Andrew C. Worthington","orcid":"https://orcid.org/0000-0003-4113-9036","observed_orcids":["https://orcid.org/0000-0003-4113-9036"]},"institutions":[{"id":"https://openalex.org/I11701301","display_name":"Griffith University","ror":"https://ror.org/02sc3r913","country_code":"AU","type":"education","lineage":["https://openalex.org/I11701301"]}],"countries":["AU"],"is_corresponding":true,"raw_author_name":"Andrew C. Worthington","raw_affiliation_strings":["Department of Accounting, Finance and Economics, Griffith University, Nathan Campus 170 Kessels Road, NATHAN QLD, 4111, Australia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Accounting, Finance and Economics, Griffith University, Nathan Campus 170 Kessels Road, NATHAN QLD, 4111, Australia","institution_ids":["https://openalex.org/I11701301"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5027889195"],"corresponding_institution_ids":["https://openalex.org/I11701301"],"apc_list":null,"apc_paid":null,"fwci":2.3223,"has_fulltext":false,"cited_by_count":71,"citation_normalized_percentile":{"value":0.91220717,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":95,"max":99},"biblio":{"volume":"16","issue":"17","first_page":"1769","last_page":"1772"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":1.0,"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"}},"topics":[{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":1.0,"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"}},{"id":"https://openalex.org/T11326","display_name":"Stock Market Forecasting Methods","score":0.0,"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/holiday-effects","display_name":"holiday effects","score":0.9599999785423279},{"id":"https://openalex.org/keywords/stock-returns","display_name":"stock returns","score":0.6639999747276306},{"id":"https://openalex.org/keywords/retail-trade","display_name":"retail trade","score":0.8100000023841858},{"id":"https://openalex.org/keywords/australian-stock-market","display_name":"Australian stock market","score":0.8830000162124634},{"id":"https://openalex.org/keywords/easter","display_name":"Easter","score":0.43700000643730164},{"id":"https://openalex.org/keywords/christmas","display_name":"Christmas","score":0.6110000014305115}],"concepts":[{"id":"https://openalex.org/C2780299701","wikidata":"https://www.wikidata.org/wiki/Q475000","display_name":"Stock market","level":3,"score":0.6213315725326538},{"id":"https://openalex.org/C193445137","wikidata":"https://www.wikidata.org/wiki/Q471719","display_name":"Market capitalization","level":4,"score":0.6142457723617554},{"id":"https://openalex.org/C18246116","wikidata":"https://www.wikidata.org/wiki/Q42962347","display_name":"Names of the days of the week","level":2,"score":0.5898224711418152},{"id":"https://openalex.org/C2779137862","wikidata":"https://www.wikidata.org/wiki/Q425951","display_name":"Capitalization","level":2,"score":0.5033819079399109},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.4885424077510834},{"id":"https://openalex.org/C2780515205","wikidata":"https://www.wikidata.org/wiki/Q18394758","display_name":"Weekend effect","level":2,"score":0.4456324875354767},{"id":"https://openalex.org/C166052673","wikidata":"https://www.wikidata.org/wiki/Q83021","display_name":"Empirical evidence","level":2,"score":0.42141464352607727},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4121451675891876},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.3828192353248596},{"id":"https://openalex.org/C4249254","wikidata":"https://www.wikidata.org/wiki/Q3044431","display_name":"Demographic economics","level":1,"score":0.3327510952949524},{"id":"https://openalex.org/C205649164","wikidata":"https://www.wikidata.org/wiki/Q1071","display_name":"Geography","level":0,"score":0.22245723009109497},{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.0},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0},{"id":"https://openalex.org/C71924100","wikidata":"https://www.wikidata.org/wiki/Q11190","display_name":"Medicine","level":0,"score":0.0},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C194828623","wikidata":"https://www.wikidata.org/wiki/Q2861470","display_name":"Emergency medicine","level":1,"score":0.0},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0}],"mesh":[],"locations_count":8,"locations":[{"id":"doi:10.1080/13504850701675474","doi":"https://doi.org/10.1080/13504850701675474","is_oa":false,"landing_page_url":"https://doi.org/10.1080/13504850701675474","pdf_url":null,"source":{"id":"https://openalex.org/S96544531","display_name":"Applied Economics Letters","issn_l":"1350-4851","issn":["1350-4851","1466-4291"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","jufo-1","norway-1","poland-40","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Applied Economics Letters","raw_type":"journal-article"},{"id":"pmh:oai:ro.uow.edu.au:accfinwp-1010","doi":null,"is_oa":false,"landing_page_url":"https://ro.uow.edu.au/accfinwp/11","pdf_url":null,"source":{"id":"https://openalex.org/S4306400510","display_name":"Research Online (University of Wollongong)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I204824540","host_organization_name":"University of Wollongong","host_organization_lineage":["https://openalex.org/I204824540"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Faculty of Business - Accounting & Finance Working Papers","raw_type":"workingpaper"},{"id":"pmh:oai:ro.uow.edu.au:commpapers-1355","doi":null,"is_oa":false,"landing_page_url":"https://ro.uow.edu.au/commpapers/337","pdf_url":null,"source":{"id":"https://openalex.org/S4306400510","display_name":"Research Online (University of Wollongong)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I204824540","host_organization_name":"University of Wollongong","host_organization_lineage":["https://openalex.org/I204824540"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Faculty of Commerce - Papers (Archive)","raw_type":"article"},{"id":"pmh:oai:ro.uow.edu.au:commpapers-2215","doi":null,"is_oa":false,"landing_page_url":"https://ro.uow.edu.au/commpapers/1166","pdf_url":null,"source":{"id":"https://openalex.org/S4306400510","display_name":"Research Online (University of Wollongong)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I204824540","host_organization_name":"University of Wollongong","host_organization_lineage":["https://openalex.org/I204824540"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Faculty of Commerce - Papers (Archive)","raw_type":"article"},{"id":"pmh:oai:RePEc:taf:apeclt:v:16:y:2009:i:17:p:1769-1772","doi":null,"is_oa":false,"landing_page_url":"http://www.informaworld.com/openurl?genre=article&doi=10.1080/13504850701675474&magic=repec&7C&7C8674ECAB8BB840C6AD35DC6213A474B5","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"},{"id":"pmh:oai:figshare.com:article/27775401","doi":null,"is_oa":false,"landing_page_url":"https://figshare.com/articles/preprint/An_empirical_note_on_the_holiday_effect_in_the_Australian_stock_market_1996-2006/27775401","pdf_url":null,"source":{"id":"https://openalex.org/S4377196282","display_name":"Figshare","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4210132348","host_organization_name":"Figshare (United Kingdom)","host_organization_lineage":["https://openalex.org/I4210132348"],"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":"Text"},{"id":"pmh:oai:figshare.com:article/27839124","doi":null,"is_oa":false,"landing_page_url":"https://figshare.com/articles/journal_contribution/An_empirical_note_on_the_holiday_effect_in_the_Australian_stock_market_1996-2006/27839124","pdf_url":null,"source":{"id":"https://openalex.org/S4377196282","display_name":"Figshare","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4210132348","host_organization_name":"Figshare (United Kingdom)","host_organization_lineage":["https://openalex.org/I4210132348"],"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":"Text"},{"id":"pmh:oai:research-repository.griffith.edu.au:10072/30699","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10072/30699","pdf_url":null,"source":{"id":"https://openalex.org/S7407064376","display_name":"Griffith Research Online","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"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":"Journal article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":22,"referenced_works":["https://openalex.org/W1968442302","https://openalex.org/W1973490651","https://openalex.org/W1983158669","https://openalex.org/W1990440895","https://openalex.org/W1991718610","https://openalex.org/W2003125878","https://openalex.org/W2005085978","https://openalex.org/W2007283734","https://openalex.org/W2014005364","https://openalex.org/W2018442070","https://openalex.org/W2032187103","https://openalex.org/W2035258789","https://openalex.org/W2039224290","https://openalex.org/W2044267123","https://openalex.org/W2046037595","https://openalex.org/W2052429683","https://openalex.org/W2069125621","https://openalex.org/W2076538140","https://openalex.org/W2078308788","https://openalex.org/W2082884805","https://openalex.org/W2090503697","https://openalex.org/W2267932725"],"related_works":["https://openalex.org/W2100735226","https://openalex.org/W171573929","https://openalex.org/W7100528179","https://openalex.org/W4234334608","https://openalex.org/W7065524493","https://openalex.org/W2075038425","https://openalex.org/W7046322417","https://openalex.org/W2082276820","https://openalex.org/W150926658","https://openalex.org/W3194037344"],"abstract_inverted_index":{"This":[0],"note":[1],"examines":[2],"the":[3,12,54,75,92,100,108],"holiday":[4],"effect":[5,84,95,106,118],"in":[6,59,85,107,119],"Australian":[7,76],"daily":[8],"stock":[9],"returns":[10],"at":[11],"market":[13,77,93,121],"and":[14,17,47,63],"industry":[15],"level":[16,94],"for":[18],"small":[19,88],"capitalization":[20],"stocks":[21],"from":[22],"Monday":[23,58],"9":[24],"September":[25],"1996":[26],"to":[27,97],"Friday":[28,46],"10":[29],"November":[30],"2006.":[31],"The":[32,71],"eight":[33],"annual":[34],"holidays":[35],"specified":[36],"are":[37],"New":[38],"Years":[39],"Day,":[40],"Australia":[41],"Day":[42,51,62],"(26":[43],"January),":[44],"Easter":[45,48],"Monday,":[49],"ANZAC":[50],"(25":[52],"April),":[53],"Queen's":[55],"Birthday":[56],"(second":[57],"June),":[60],"Christmas":[61],"Boxing":[64],"Day.":[65],"A":[66],"regression-based":[67],"approach":[68],"is":[69,113],"employed.":[70],"results":[72],"indicate":[73],"that":[74],"overall":[78],"provides":[79],"evidence":[80,112],"of":[81,102,115],"a":[82,103,116],"pre-holiday":[83,105],"common":[86],"with":[87],"cap":[89],"stocks.":[90],"However,":[91],"appears":[96],"be":[98],"solely":[99],"result":[101],"strong":[104],"retail":[109],"industry.":[110,123],"No":[111],"found":[114],"post-holiday":[117],"any":[120],"or":[122]},"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":5},{"year":2024,"cited_by_count":3},{"year":2023,"cited_by_count":3},{"year":2022,"cited_by_count":8},{"year":2021,"cited_by_count":5},{"year":2020,"cited_by_count":5},{"year":2019,"cited_by_count":7},{"year":2018,"cited_by_count":4},{"year":2017,"cited_by_count":3},{"year":2016,"cited_by_count":3},{"year":2015,"cited_by_count":7},{"year":2014,"cited_by_count":3},{"year":2013,"cited_by_count":4},{"year":2012,"cited_by_count":4}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2016-06-24T00:00:00"}