{"id":"https://openalex.org/W2074710349","doi":"https://doi.org/10.1080/13518470903037953","title":"The Other January Effect: international evidence","display_name":"The Other January Effect: international evidence","publication_year":2009,"publication_date":"2009-07-03","ids":{"openalex":"https://openalex.org/W2074710349","doi":"https://doi.org/10.1080/13518470903037953","mag":"2074710349"},"language":"en","primary_location":{"id":"doi:10.1080/13518470903037953","doi":"https://doi.org/10.1080/13518470903037953","is_oa":false,"landing_page_url":"https://doi.org/10.1080/13518470903037953","pdf_url":null,"source":{"id":"https://openalex.org/S82316188","display_name":"European Journal of Finance","issn_l":"1351-847X","issn":["1351-847X","1466-4364"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-70","russia-white-list-1","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":"The European Journal of Finance","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://www.wiwi.uni-muenster.de/cqe/sites/cqe/files/CQE_Paper/CQE_WP_8_2009.pdf","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5039070082","display_name":"Martin T. Bohl","orcid":"https://orcid.org/0000-0002-1716-287X","observed_orcids":["https://orcid.org/0000-0002-1716-287X"]},"institutions":[{"id":"https://openalex.org/I22465464","display_name":"University of M\u00fcnster","ror":"https://ror.org/00pd74e08","country_code":"DE","type":"education","lineage":["https://openalex.org/I22465464"]}],"countries":["DE"],"is_corresponding":true,"raw_author_name":"Martin T. Bohl","raw_affiliation_strings":["Department of Economics, Westf\u00e4lische Wilhelms-University M\u00fcnster, Am Stadtgraben 9, D-48143, M\u00fcnster, Germany"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics, Westf\u00e4lische Wilhelms-University M\u00fcnster, Am Stadtgraben 9, D-48143, M\u00fcnster, Germany","institution_ids":["https://openalex.org/I22465464"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5049127600","display_name":"Christian A. Salm","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I22465464","display_name":"University of M\u00fcnster","ror":"https://ror.org/00pd74e08","country_code":"DE","type":"education","lineage":["https://openalex.org/I22465464"]}],"countries":["DE"],"is_corresponding":false,"raw_author_name":"Christian A. Salm","raw_affiliation_strings":["Department of Economics, Westf\u00e4lische Wilhelms-University M\u00fcnster, Am Stadtgraben 9, D-48143, M\u00fcnster, Germany"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics, Westf\u00e4lische Wilhelms-University M\u00fcnster, Am Stadtgraben 9, D-48143, M\u00fcnster, Germany","institution_ids":["https://openalex.org/I22465464"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5039070082"],"corresponding_institution_ids":["https://openalex.org/I22465464"],"apc_list":null,"apc_paid":null,"fwci":1.0066,"has_fulltext":true,"cited_by_count":32,"citation_normalized_percentile":{"value":0.86309339,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":99},"biblio":{"volume":"16","issue":"2","first_page":"173","last_page":"182"},"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":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/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/january-effect","display_name":"January effect","score":0.6970000267028809},{"id":"https://openalex.org/keywords/stock-market-seasonality","display_name":"stock market seasonality","score":0.9330000281333923},{"id":"https://openalex.org/keywords/stock-returns","display_name":"stock returns","score":0.5519999861717224},{"id":"https://openalex.org/keywords/cross-national-comparison","display_name":"cross-national comparison","score":0.6850000023841858},{"id":"https://openalex.org/keywords/calendar-anomalies","display_name":"calendar anomalies","score":0.703000009059906},{"id":"https://openalex.org/keywords/international-stock-markets","display_name":"international stock markets","score":0.5920000076293945}],"concepts":[{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.7328870892524719},{"id":"https://openalex.org/C2780299701","wikidata":"https://www.wikidata.org/wiki/Q475000","display_name":"Stock market","level":3,"score":0.6228964328765869},{"id":"https://openalex.org/C50335755","wikidata":"https://www.wikidata.org/wiki/Q483247","display_name":"Phenomenon","level":2,"score":0.6053186058998108},{"id":"https://openalex.org/C2778136018","wikidata":"https://www.wikidata.org/wiki/Q10350689","display_name":"Predictive power","level":2,"score":0.5985292196273804},{"id":"https://openalex.org/C56292299","wikidata":"https://www.wikidata.org/wiki/Q2916376","display_name":"January effect","level":4,"score":0.5803099870681763},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5422345995903015},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.5035602450370789},{"id":"https://openalex.org/C2994343996","wikidata":"https://www.wikidata.org/wiki/Q2746910","display_name":"International market","level":2,"score":0.4352218210697174},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.4139407277107239},{"id":"https://openalex.org/C18547055","wikidata":"https://www.wikidata.org/wiki/Q47417","display_name":"International economics","level":1,"score":0.2187880277633667},{"id":"https://openalex.org/C205649164","wikidata":"https://www.wikidata.org/wiki/Q1071","display_name":"Geography","level":0,"score":0.16457611322402954},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0690152645111084},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0},{"id":"https://openalex.org/C62520636","wikidata":"https://www.wikidata.org/wiki/Q944","display_name":"Quantum mechanics","level":1,"score":0.0},{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.1080/13518470903037953","doi":"https://doi.org/10.1080/13518470903037953","is_oa":false,"landing_page_url":"https://doi.org/10.1080/13518470903037953","pdf_url":null,"source":{"id":"https://openalex.org/S82316188","display_name":"European Journal of Finance","issn_l":"1351-847X","issn":["1351-847X","1466-4364"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-70","russia-white-list-1","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":"The European Journal of Finance","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:cqe:wpaper:0809","doi":null,"is_oa":true,"landing_page_url":"https://www.wiwi.uni-muenster.de/cqe/sites/cqe/files/CQE_Paper/CQE_WP_8_2009.pdf","pdf_url":"https://www.wiwi.uni-muenster.de/cqe/sites/cqe/files/CQE_Paper/CQE_WP_8_2009.pdf","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":"preprint"},{"id":"mag:3124953868","doi":null,"is_oa":false,"landing_page_url":"https://EconPapers.repec.org/RePEc:cqe:wpaper:0809","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":"RePEc: Research Papers in Economics","raw_type":null},{"id":"pmh:oai:RePEc:taf:eurjfi:v:16:y:2010:i:2:p:173-182","doi":null,"is_oa":false,"landing_page_url":"http://www.tandfonline.com/doi/abs/10.1080/13518470903037953","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":{"id":"pmh:oai:RePEc:cqe:wpaper:0809","doi":null,"is_oa":true,"landing_page_url":"https://www.wiwi.uni-muenster.de/cqe/sites/cqe/files/CQE_Paper/CQE_WP_8_2009.pdf","pdf_url":"https://www.wiwi.uni-muenster.de/cqe/sites/cqe/files/CQE_Paper/CQE_WP_8_2009.pdf","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":"preprint"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[{"id":"https://openalex.org/F4320322957","display_name":"Westf\u00e4lische Wilhelms-Universit\u00e4t M\u00fcnster","ror":"https://ror.org/00pd74e08"}],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2074710349.pdf","grobid_xml":"https://content.openalex.org/works/W2074710349.grobid-xml"},"referenced_works_count":23,"referenced_works":["https://openalex.org/W1524975479","https://openalex.org/W1591099623","https://openalex.org/W1975161917","https://openalex.org/W1977234211","https://openalex.org/W1997088255","https://openalex.org/W2015800048","https://openalex.org/W2027837170","https://openalex.org/W2052752492","https://openalex.org/W2055462085","https://openalex.org/W2056936851","https://openalex.org/W2089556049","https://openalex.org/W2108818539","https://openalex.org/W2111255674","https://openalex.org/W2117178635","https://openalex.org/W2128475248","https://openalex.org/W2175420796","https://openalex.org/W3023906401","https://openalex.org/W3122118888","https://openalex.org/W3123285794","https://openalex.org/W3124916467","https://openalex.org/W3125189963","https://openalex.org/W3125649272","https://openalex.org/W4285719527"],"related_works":["https://openalex.org/W2185538994","https://openalex.org/W2204995332","https://openalex.org/W1573003103","https://openalex.org/W2040014324","https://openalex.org/W3123285794","https://openalex.org/W7042900026","https://openalex.org/W2003330915","https://openalex.org/W2775498257","https://openalex.org/W1601408389","https://openalex.org/W2186479452"],"abstract_inverted_index":{"This":[0],"paper":[1],"investigates":[2],"the":[3,13,24,45,53],"predictive":[4],"power":[5],"of":[6,33,47],"stock":[7,27,36],"market":[8,28],"returns":[9,17],"in":[10],"January":[11,42,55],"for":[12],"subsequent":[14],"11":[15],"months\u2019":[16],"across":[18],"19":[19,34],"countries,":[20],"thereby":[21],"contributing":[22],"to":[23],"literature":[25],"on":[26],"seasonalities.":[29],"Only":[30],"2":[31],"out":[32],"countries\u2019":[35],"markets":[37],"exhibit":[38],"a":[39],"robust":[40],"Other":[41,54],"Effect.":[43],"In":[44],"light":[46],"this":[48],"evidence,":[49],"we":[50],"conclude":[51],"that":[52],"Effect":[56],"is":[57],"not":[58],"an":[59],"international":[60],"phenomenon.":[61]},"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":2},{"year":2021,"cited_by_count":4},{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":8},{"year":2017,"cited_by_count":3},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":1},{"year":2014,"cited_by_count":3},{"year":2013,"cited_by_count":3},{"year":2012,"cited_by_count":1}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2016-06-24T00:00:00"}