Errors in recorded security prices and the turn-of-the year effect



provided by Research Papers in Economics


Best available copy

Working Paper 8611

ERRORS IN RECORDED SECURITY PRICES AND
THE Turn
-OF-THE-YEAR EFFECT

By James B. Thomson

James B. Thomson is an economist at the Federal
Reserve Bank of Cleveland. This paper is based
on the author's Ph.D. dissertation at The Ohio
State University. The author thanks his
dissertation committee, Ed Kane(Chairman), Rene
Stulz, and Randy Olsen, as well as Andy Chen,
Ray Degennaro, Pat Hess, Bill Gavin, Jim Moser,
Bill Osterberg, and Eric Rosengren for helpful
comments and suggestions.

Working papers of the Federal Reserve Bank of
Cleveland are preliminary materials circulated
to stimulate discussion and critical comment.

The views stated herein are the author's and not
necessarily those of the Federal Reserve Bank
of
Cleveland or of the Board of Governors of the
Federal Reserve System.

December 1986



More intriguing information

1. The name is absent
2. Effects of red light and loud noise on the rate at which monkeys sample the sensory environment
3. The name is absent
4. The name is absent
5. The name is absent
6. The name is absent
7. Output Effects of Agri-environmental Programs of the EU
8. Migration and employment status during the turbulent nineties in Sweden
9. Cultural Neuroeconomics of Intertemporal Choice
10. Une Gestion des ressources humaines à l'interface des organisations : vers une GRH territoriale ?
11. The name is absent
12. The name is absent
13. The name is absent
14. Labour Market Flexibility and Regional Unemployment Rate Dynamics: Spain (1980-1995)
15. Staying on the Dole
16. Optimal Rent Extraction in Pre-Industrial England and France – Default Risk and Monitoring Costs
17. A Pure Test for the Elasticity of Yield Spreads
18. SAEA EDITOR'S REPORT, FEBRUARY 1988
19. The Global Dimension to Fiscal Sustainability
20. EXECUTIVE SUMMARIES