create a website

Risk, return, and liquidity during Ramadan: Evidence from Indonesian and Malaysian stock markets. (2017). Lai, Ya-Wen ; Windawati, Atif.
In: Research in International Business and Finance.
RePEc:eee:riibaf:v:42:y:2017:i:c:p:233-241.

Full description at Econpapers || Download paper

Cited: 4

Citations received by this document

Cites: 24

References cited by this document

Cocites: 44

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. The Ramadan effect: A standalone anomaly or just a compensation for low liquidity?. (2021). Yaghoubi, Mona ; Biakowski, Jdrzej.
    In: Journal of Behavioral and Experimental Finance.
    RePEc:eee:beexfi:v:30:y:2021:i:c:s2214635021000241.

    Full description at Econpapers || Download paper

  2. Feedback trading and the ramadan effect in frontier markets. (2020). Andrikopoulos, Panagiotis ; Cui, Yueting ; Kallinterakis, Vasileios ; Gad, Samar.
    In: Research in International Business and Finance.
    RePEc:eee:riibaf:v:51:y:2020:i:c:s0275531919306294.

    Full description at Econpapers || Download paper

  3. ISLAMIC BANKS’ MARKET POWER, STATE-OWNED BANKS, AND RAMADAN: EVIDENCE FROM INDONESIA. (2019). Trinugroho, Irwan ; Trinarningsih, Wahyu ; Risfandy, Tastaftiyan ; Harmadi, Harmadi.
    In: The Singapore Economic Review (SER).
    RePEc:wsi:serxxx:v:64:y:2019:i:02:n:s0217590817500229.

    Full description at Econpapers || Download paper

  4. Evidence of price discovery on the Indonesian stock exchange. (2019). Sharma, Susan Sunila ; Laila, Nisful ; Madyan, Muhammad ; Thuraisamy, Kannan.
    In: Economic Modelling.
    RePEc:eee:ecmode:v:83:y:2019:i:c:p:2-7.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. Al-Hajieh, H. ; Redhead, K. ; Rogers, T. Investor sentiment and calendar anomaly effects: a case study of the impact of Ramadan on Islamic middle eastern markets. 2011 Res. Int. Bus. Finance. 25 345-356

  2. Al-Ississ, M. The holy day effect. 2015 J. Behav. Exp. Finance. 5 60-80

  3. Baillie, R. ; Bollerslev, T. The message in daily exchange rates: a conditional variance tale. 1989 J. Bus. Econ. Stat.. 7 297-305

  4. Bialkowski, J. ; Etebari, A. ; Wisniewski, T.P. Fast profits: investor sentiment and stock returns during Ramadan. 2012 J. Banking Finance. 36 835-845

  5. Cross, F. The behavior of stock prices on Fridays and Mondays. 1973 Financial Analysts J.. 29 67-69
    Paper not yet in RePEc: Add citation now
  6. Dvořák, T. Do domestic investors have an information advantage? evidence from Indonesia. 2005 J. Finance. 60 817-839
    Paper not yet in RePEc: Add citation now
  7. French, K.R. Stock returns and the weekend effect. 1980 J. Financial Economics. 8 55-69

  8. Frieder, L. ; Subrahmanyam, A. Non-Secular regularities in returns and volume. 2004 Financial Analysts J.. 60 29-34
    Paper not yet in RePEc: Add citation now
  9. Gibbons, M.R. ; Hess, P. Day of the week effects and asset returns. 1981 J. Bus.. 579-596

  10. Glosten, L.R. ; Jagannathan, R. ; Runkle, D.E. On the relation between the expected value and the volatility of the nominal excess return on stocks. 1993 J. Finance. 48 1779-1801

  11. Husain, F. A seasonality in the Pakistani equity market: the Ramadan effect. 1998 Pak. Dev. Rev.. 37 77-81

  12. Jaffe, J. ; Westerfield, R. The week-end effect in common stock returns: the international evidence. 1985 J. Finance. 40 433-454

  13. McCurdy, T.H. ; Morgan, I.G. Test of the martingale hypothesis for foreign currency futures with time-varying volatility. 1987 Int. J. Forecasting. 3 131-148

  14. McGowan, C.B.J. ; Jakob, N.A. Is there an Eid al-Fitr effect in Malaysia?. 2010 Int. Bus. Econ. Res. J.. 9 11-20
    Paper not yet in RePEc: Add citation now
  15. Oguzsoy, C.B. ; Guven, S. Holy days effect on Istanbul stock exchange. 2004 J. Emerging Market Finance. 3 63-75
    Paper not yet in RePEc: Add citation now
  16. Rhee, S.G. ; Wang, J. Foreign institutional ownership and stock market liquidity: evidence from Indonesia. 2009 J. Banking Finance. 33 1312-1324

  17. Roll, R. A simple implicit measure of the effective bid-ask spread in an efficient market. 1984 J. Finance. 39 1127-1139

  18. Seyyed, F.J. ; Abraham, A. ; Al-Hajii, M. Seasonality in stock returns and volatility: the Ramadan effect. 2005 Res. Int. Bus. Finance. 19 374-383

  19. Shah, S.M.A.U.R. ; Ahmed, S.N. The Ramadan effect on stock market. 2014 Eur. Acad. Res.. 1 -
    Paper not yet in RePEc: Add citation now
  20. Stulz, R.M. ; Williamson, R. Culture, openness and finance. 2003 J. Financial Econ.. 70 313-349

  21. Tinic, S.M. ; West, R.R. Risk and return: January vs. the rest of the year. 1984 J. Financial Econ.. 13 561-574

  22. Weber, M. The Protestant Ethic and the Spirit of Capitalism. 1930 Allen Unwin: London
    Paper not yet in RePEc: Add citation now
  23. Wong, P.H. ; Lim, W.C. Effects of holidays on the Malaysian stock exchange. 2016 Int. J. Bus. Manage.. 11 274-298
    Paper not yet in RePEc: Add citation now
  24. Wong, P.L. ; Neoh, S.K. ; Lee, K.H. ; Thong, T.S. Seasonality in the Malaysian stock market. 1990 Asia Pacific J. Manage.. 7 43-62
    Paper not yet in RePEc: Add citation now

Cocites

Documents in RePEc which have cited the same bibliography

  1. Effect of Ramadan on purchasing behavior: a panel data analysis. (2024). Hosen, Md Zobraj.
    In: International Review of Economics.
    RePEc:spr:inrvec:v:71:y:2024:i:2:d:10.1007_s12232-024-00445-y.

    Full description at Econpapers || Download paper

  2. Are markets in happier countries less affected by tragic events? Evidence from market reaction to the Israel–Hamas conflict. (2024). Pandey, Dharen ; Kumari, Vineeta ; Goodell, John W ; Palma, Alessia.
    In: Finance Research Letters.
    RePEc:eee:finlet:v:60:y:2024:i:c:s1544612323012655.

    Full description at Econpapers || Download paper

  3. Conventional and Islamic Equity Market Reaction Towards Terrorism: Evidence Based on Target Types, Location and Islamic Calendar Months. (2023). Mohd, Taib Hasniza ; Hira, Irshad ; Yassir, Hussain Rana ; Haroon, Hussain.
    In: Studia Universitatis „Vasile Goldis” Arad – Economics Series.
    RePEc:vrs:suvges:v:33:y:2023:i:4:p:70-116:n:2.

    Full description at Econpapers || Download paper

  4. Can sentiments on macroeconomic news explain stock returns? Evidence form social network data. (2022). Xu, Yingying ; Zhao, Jichang.
    In: International Journal of Finance & Economics.
    RePEc:wly:ijfiec:v:27:y:2022:i:2:p:2073-2088.

    Full description at Econpapers || Download paper

  5. Calendar Anomalies in Islamic Frontier Markets. (2022). Hunjra, Ahmed ; Mohmand, Yasir Tariq ; Tayachi, Tahar ; Verhoeven, Peter ; Aslam, Faheem.
    In: SAGE Open.
    RePEc:sae:sagope:v:12:y:2022:i:2:p:21582440221097886.

    Full description at Econpapers || Download paper

  6. Are religious investors financially smart? evidence from equity funds. (2022). Yas, Murat ; Aysan, Ahmet ; Shah, Mohamed Eskandar.
    In: Journal of Asset Management.
    RePEc:pal:assmgt:v:23:y:2022:i:1:d:10.1057_s41260-021-00240-2.

    Full description at Econpapers || Download paper

  7. The effect of Chinese lunar calendar on individual investors trading. (2022). Lin, Chih-Yung ; Huang, Yin-Siang ; Chiu, Junmao.
    In: Pacific-Basin Finance Journal.
    RePEc:eee:pacfin:v:71:y:2022:i:c:s0927538x21002018.

    Full description at Econpapers || Download paper

  8. The Groundhog Day stock market anomaly. (2022). Shanaev, Savva ; Fedorova, Svetlana ; Shuraeva, Arina.
    In: Finance Research Letters.
    RePEc:eee:finlet:v:47:y:2022:i:pa:s1544612321005766.

    Full description at Econpapers || Download paper

  9. Ramadan Effect: A Structural Time-Series Test. (2021). Jamaani, Fouad ; Bash, Ahmad ; Al-Awadhi, Abdullah.
    In: International Journal of Financial Research.
    RePEc:jfr:ijfr11:v:12:y:2021:i:1:p:260-269.

    Full description at Econpapers || Download paper

  10. The Ramadan effect: A standalone anomaly or just a compensation for low liquidity?. (2021). Yaghoubi, Mona ; Biakowski, Jdrzej.
    In: Journal of Behavioral and Experimental Finance.
    RePEc:eee:beexfi:v:30:y:2021:i:c:s2214635021000241.

    Full description at Econpapers || Download paper

  11. ‘We Do Not Use Freezers in Syria’: Realignment and the Pursuit of Belonging Among Refugees in a Norwegian Village. (2020). Hoibjerg, Gard Ringen.
    In: Journal of International Migration and Integration.
    RePEc:spr:joimai:v:21:y:2020:i:4:d:10.1007_s12134-019-00699-4.

    Full description at Econpapers || Download paper

  12. Feedback trading and the ramadan effect in frontier markets. (2020). Andrikopoulos, Panagiotis ; Cui, Yueting ; Kallinterakis, Vasileios ; Gad, Samar.
    In: Research in International Business and Finance.
    RePEc:eee:riibaf:v:51:y:2020:i:c:s0275531919306294.

    Full description at Econpapers || Download paper

  13. Taking advantage of Ramadan and January in Muslim countries. (2019). Tantisantiwong, Nongnuch ; Power, David M ; Helliar, Christine ; Halari, Anwar.
    In: The Quarterly Review of Economics and Finance.
    RePEc:eee:quaeco:v:74:y:2019:i:c:p:85-96.

    Full description at Econpapers || Download paper

  14. The impact of financial and economic factors on Islamic mutual fund performance: Evidence from multiple fund categories. (2019). Yoon, Seong-Min ; Uddin, Gazi ; Troster, Victor ; Arreola Hernandez, Jose ; Labidi, Chiraz.
    In: Journal of Multinational Financial Management.
    RePEc:eee:mulfin:v:52-53:y:2019:i::s1042444x19301653.

    Full description at Econpapers || Download paper

  15. Faith-based norms and portfolio performance: Evidence from India. (2019). Hassan, M. Kabir ; Dharani, M ; Paltrinieri, Andrea.
    In: Global Finance Journal.
    RePEc:eee:glofin:v:41:y:2019:i:c:p:79-89.

    Full description at Econpapers || Download paper

  16. Herding behavior in Ramadan and financial crises: the case of the Pakistani stock market. (2018). Yousaf, Imran ; Ali, Shoaib.
    In: Financial Innovation.
    RePEc:spr:fininn:v:4:y:2018:i:1:d:10.1186_s40854-018-0098-9.

    Full description at Econpapers || Download paper

  17. Seasonality in the Saudi stock market: The Hajj effect. (2018). Wasiuzzaman, Shaista.
    In: The Quarterly Review of Economics and Finance.
    RePEc:eee:quaeco:v:67:y:2018:i:c:p:273-281.

    Full description at Econpapers || Download paper

  18. Disentangling investor sentiment: Mood and household attitudes towards the economy. (2018). Meyer, Steffen ; Kostopoulos, Dimitrios.
    In: Journal of Economic Behavior & Organization.
    RePEc:eee:jeborg:v:155:y:2018:i:c:p:28-78.

    Full description at Econpapers || Download paper

  19. East meets West: When the Islamic and Gregorian calendars coincide. (2018). Tantisantiwong, Nongnuch ; Power, David ; Helliar, Christine ; Halari, Anwar.
    In: The British Accounting Review.
    RePEc:eee:bracre:v:50:y:2018:i:4:p:402-424.

    Full description at Econpapers || Download paper

  20. Examining anomalies in Islamic equity market of Pakistan. (2017). Chen, Shihua ; Jebran, Khalil.
    In: Journal of Sustainable Finance & Investment.
    RePEc:taf:jsustf:v:7:y:2017:i:3:p:275-289.

    Full description at Econpapers || Download paper

  21. Religious anomalies in Islamic stock markets: The Hajj Effect in Saudi Arabia. (2017). Wasiuzzaman, Shaista.
    In: Journal of Asset Management.
    RePEc:pal:assmgt:v:18:y:2017:i:3:d:10.1057_s41260-016-0028-1.

    Full description at Econpapers || Download paper

  22. The Behavior of Stock Prices during Lent and Advent. (2017). Stefanescu, Razvan ; Dumitriu, Ramona.
    In: Proceedings RCE 2017.
    RePEc:lum:progal:v::y:2017:i::p:95-112.

    Full description at Econpapers || Download paper

  23. An Empirical Investigation of Islamic Calendar Effect in Global Islamic Equity Indices. (2017). Aslam, Yasra ; Shah, Nida ; Qureshi, Muhammad Nadeem.
    In: International Journal of Economics and Finance.
    RePEc:ibn:ijefaa:v:9:y:2017:i:6:p:57-68.

    Full description at Econpapers || Download paper

  24. Risk, return, and liquidity during Ramadan: Evidence from Indonesian and Malaysian stock markets. (2017). Lai, Ya-Wen ; Windawati, Atif.
    In: Research in International Business and Finance.
    RePEc:eee:riibaf:v:42:y:2017:i:c:p:233-241.

    Full description at Econpapers || Download paper

  25. The impact of religious practice on stock returns and volatility. (2017). Roubaud, David ; Bouri, Elie ; Zoubi, Taisier ; Al-Khazali, Osamah.
    In: International Review of Financial Analysis.
    RePEc:eee:finana:v:52:y:2017:i:c:p:172-189.

    Full description at Econpapers || Download paper

  26. The Behavior of Stock Prices during Lent and Advent. (2017). Stefanescu, Razvan ; Dumitriu, Ramona.
    In: Risk in Contemporary Economy.
    RePEc:ddj:fserec:y:2017:p:95-112.

    Full description at Econpapers || Download paper

  27. Islamic Calendar Anomalies: Evidence from Pakistan. (2017). Khan, Naimat U ; Syed, Fatima.
    In: Business & Economic Review.
    RePEc:bec:imsber:v:9:y:2017:i:3:p:104-122.

    Full description at Econpapers || Download paper

  28. Calendar anomalies: Review of literature. (2017). Irshad, Hira ; Taib, Hasniza Mohd.
    In: Journal of Advances in Humanities and Social Sciences.
    RePEc:apb:jahsss:2017:p:303-310.

    Full description at Econpapers || Download paper

  29. The impact of the Great Lent and of the Nativity Fast on the Bucharest Stock Exchange. (2016). Stefanescu, Rzvan ; Dumitriu, Ramona.
    In: MPRA Paper.
    RePEc:pra:mprapa:89023.

    Full description at Econpapers || Download paper

  30. Fast profits in a fasting month? A markov regime switching approach in search of ramadan effect on stock markets. (2016). Masih, Abul ; Hasbullah, Faruq .
    In: MPRA Paper.
    RePEc:pra:mprapa:72149.

    Full description at Econpapers || Download paper

  31. AN ANALYSIS OF RAMADAN EFFECT BY GJR-GARCH MODEL: CASE OF BORSA ISTANBUL. (2016). Akbalik, Murat ; Tunay, Batu K.
    In: Oeconomia Copernicana.
    RePEc:pes:ieroec:v:7:y:2016:i:4:p:593-612.

    Full description at Econpapers || Download paper

  32. Stock return comovement around the Dow Jones Islamic Market World Index revisions. (2016). Mazouz, Khelifa ; Saadouni, Brahim ; Mohamed, Abdulkadir.
    In: Journal of Economic Behavior & Organization.
    RePEc:eee:jeborg:v:132:y:2016:i:s:p:50-62.

    Full description at Econpapers || Download paper

  33. Investor mood, herding and the Ramadan effect. (2016). Tsalavoutas, Ioannis ; Kallinterakis, Vasileios ; Gavriilidis, Konstantinos.
    In: Journal of Economic Behavior & Organization.
    RePEc:eee:jeborg:v:132:y:2016:i:s:p:23-38.

    Full description at Econpapers || Download paper

  34. More on Calendar Effects on Islamic Stock Markets. (2016). Weber, Christoph ; Christoph, Weber ; Philipp, Nickol .
    In: Review of Middle East Economics and Finance.
    RePEc:bpj:rmeecf:v:12:y:2016:i:1:p:65-113:n:2.

    Full description at Econpapers || Download paper

  35. Aviation Accidents and Stock Market Reaction: Evidence from Borsa Istanbul. (2015). Demir, Ender.
    In: Eurasian Journal of Economics and Finance.
    RePEc:ejn:ejefjr:v:3:y:2015:i:1:p:51-56.

    Full description at Econpapers || Download paper

  36. Does hajj pilgrimage affect the Islamic investor sentiment?. (2015). Abbes, Mouna Boujelbene ; Abdelhedi-Zouch, Mouna.
    In: Research in International Business and Finance.
    RePEc:eee:riibaf:v:35:y:2015:i:c:p:138-152.

    Full description at Econpapers || Download paper

  37. Positive mood and investment decisions: Evidence from comedy movie attendance in the U.S.. (2015). Lepori, Gabriele M..
    In: Research in International Business and Finance.
    RePEc:eee:riibaf:v:34:y:2015:i:c:p:142-163.

    Full description at Econpapers || Download paper

  38. Investor response to public news, sentiment and institutional trading in emerging markets: A review. (2015). Kutan, Ali ; Brzeszczynski, Janusz ; Gajdka, Jerzy ; Brzeszczyski, Janusz.
    In: International Review of Economics & Finance.
    RePEc:eee:reveco:v:40:y:2015:i:c:p:338-352.

    Full description at Econpapers || Download paper

  39. Islamic calendar anomalies: Evidence from Pakistani firm-level data. (2015). Tantisantiwong, Nongnuch ; Power, David M ; Helliar, Christine ; Halari, Anwar.
    In: The Quarterly Review of Economics and Finance.
    RePEc:eee:quaeco:v:58:y:2015:i:c:p:64-73.

    Full description at Econpapers || Download paper

  40. Forecasting the Jordanian stock index: modelling asymmetric volatility and distribution effects within a GARCH framework. (2015). Rodgers, Timothy ; Niklewski, Jacek ; Al-Hajieh, Heitham ; Alnemer, Hashem .
    In: Copernican Journal of Finance & Accounting.
    RePEc:cpn:umkcjf:v:4:y:2015:i:2:p:9-26.

    Full description at Econpapers || Download paper

  41. Revisiting fast profit investor sentiment and stock returns during Ramadan. (2014). Al-Khazali, Osamah.
    In: International Review of Financial Analysis.
    RePEc:eee:finana:v:33:y:2014:i:c:p:158-170.

    Full description at Econpapers || Download paper

  42. Comprobación de la eficiencia débil en los principales mercados financieros latinoamericanos. (2014). Juan Manuel Mascare?nas Perez-Iñigo, ; Juan Benjamin Duarte Duarte, .
    In: Estudios Gerenciales.
    RePEc:col:000129:012448.

    Full description at Econpapers || Download paper

  43. A scientometric look at calendar events. (2013). Magnone, Edoardo .
    In: Journal of Informetrics.
    RePEc:eee:infome:v:7:y:2013:i:1:p:101-108.

    Full description at Econpapers || Download paper

  44. Do mutual fund managers exploit the Ramadan anomaly? Evidence from Turkey. (2013). Wisniewski, Tomasz ; Kaufmann, Philipp ; Bohl, Martin T. ; Biakowski, Jdrzej.
    In: Emerging Markets Review.
    RePEc:eee:ememar:v:15:y:2013:i:c:p:211-232.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-10-05 22:34:17 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Last updated August, 3 2024. Contact: Jose Manuel Barrueco.