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Original Articles

Stock market returns and the temperature effect: new evidence from Europe

Pages 461-467 | Published online: 17 Oct 2008

Keep up to date with the latest research on this topic with citation updates for this article.

Read on this site (6)

Nicholas Apergis. (2023) Temperature shocks and stock returns: evidence from major markets. Applied Economics Letters 0:0, pages 1-9.
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Chinnadurai Kathiravan, Murugesan Selvam, Balasundram Maniam & Munusamy Dharani. (2021) Effect of weather on stock market: A literature review and research agenda. Cogent Economics & Finance 9:1.
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Milos Bujisic, Vanja Bogicevic & H. G. Parsa. (2017) The effect of weather factors on restaurant sales. Journal of Foodservice Business Research 20:3, pages 350-370.
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Wei-han Liu. (2013) Lunar calendar effect: evidence of the Chinese Farmer's Calendar on the equity markets in East Asia. Journal of the Asia Pacific Economy 18:4, pages 560-593.
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Meng Li, Misao Endo, Shiwei Zuo & Kazuo Kishimoto. (2010) Order imbalances explain 90% of returns of Nikkei 225 futures. Applied Economics Letters 17:13, pages 1241-1245.
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Articles from other publishers (23)

Nguyen Thi Hoa Hong, Pham Thi Mai Huong & Nguyen Yen Linh. (2023) Does weather anomaly still affect the emerging stock market under the unexpected event? New evidence from the COVID-19 pandemic. Heliyon 9:8, pages e18665.
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Chai Liang Huang, Lai Ferry Sugianto & Mu Shu Yun. (2022) Nonlinear Effects of Temperature on Returns and Investor Optimism–Pessimism from Winner and Loser Stocks. Review of Pacific Basin Financial Markets and Policies 26:01.
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Zhonglu Chen, Li Zhang & Chen Weng. (2023) Does climate policy uncertainty affect Chinese stock market volatility?. International Review of Economics & Finance 84, pages 369-381.
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Janesh Sami. (2021) Weather, investor psychology and stock returns: evidence from Fiji's stock market. Review of Behavioral Finance 15:1, pages 65-78.
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L.F. Costa Sperb, M.-C. Sung, T. Ma & J.E.V. Johnson. (2022) Turning the heat on financial decisions: Examining the role temperature plays in the incidence of bias in a time-limited financial market. European Journal of Operational Research 299:3, pages 1142-1157.
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Waldemar Tarczyński, Urszula Mentel, Grzegorz Mentel & Umer Shahzad. (2021) The Influence of Investors’ Mood on the Stock Prices: Evidence from Energy Firms in Warsaw Stock Exchange, Poland. Energies 14:21, pages 7396.
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Sucharita Chatterjee & Dipak Ghosh. (2021) Impact of Global Warming on SENSEX fluctuations — A study based on Multifractal detrended cross correlation analysis between the temperature anomalies and the SENSEX fluctuations. Physica A: Statistical Mechanics and its Applications 571, pages 125815.
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Chinnadurai Kathiravan, Murugesan Selvam, Sankaran Venkateswar & S. Balakrishnan. (2019) Investor behavior and weather factors: evidences from Asian region. Annals of Operations Research 299:1-2, pages 349-373.
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Chinnadurai Kathiravan, Murugesan Selvam, Balasundram Maniam, Sankaran Venkateswar & Marxia Oli Sigo. (2020) Does temperature influence the carbon index? Evidences from India. Journal of Public Affairs 21:1.
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Ruxandra Trifan. 2021. Digitalization in Finance and Accounting. Digitalization in Finance and Accounting 83 94 .
Jean-Louis Bertrand & Miia Chabot. (2020) Stock returns and weather: The case of European listed energy firms. Finance Vol. 41:3, pages 51-92.
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Milos Bujisic, Vanja Bogicevic, H. G. Parsa, Verka Jovanovic & Anupama Sukhu. (2019) It’s Raining Complaints! How Weather Factors Drive Consumer Comments and Word-of-Mouth. Journal of Hospitality & Tourism Research 43:5, pages 656-681.
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Nguyen Ngoc Thach & Nguyen Van Diep. 2018. Econometrics for Financial Applications. Econometrics for Financial Applications 611 623 .
Ekrem Tufan, Bahattin Hamarat, Murat Türkeş & Ahmed Abdullah Al-Zahrani. 2018. Economy, Finance and Business in Southeastern and Central Europe. Economy, Finance and Business in Southeastern and Central Europe 361 377 .
Nikolaos Sariannidis, Grigoris Giannarakis & Xanthi Partalidou. (2016) The effect of weather on the European stock market. International Journal of Social Economics 43:9, pages 943-958.
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Dimitrios Kourtidis, Željko Šević & Prodromos Chatzoglou. (2016) Mood and stock returns: evidence from Greece. Journal of Economic Studies 43:2, pages 242-258.
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Cahit Guven & Indrit Hoxha. (2015) Rain or shine: Happiness and risk-taking. The Quarterly Review of Economics and Finance 57, pages 1-10.
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Christos Floros & Enrique Salvador. (2014) Calendar anomalies in cash and stock index futures: International evidence. Economic Modelling 37, pages 216-223.
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Christos FlorosYong Tan. (2013) Moon Phases, Mood and Stock Market Returns. Journal of Emerging Market Finance 12:1, pages 107-127.
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Christos Floros. (2011) On the relationship between weather and stock market returns. Studies in Economics and Finance 28:1, pages 5-13.
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Tian Ma & Fuwei Jiang. (2022) Weather Sentiment and Stock Returns. Evidence from China. SSRN Electronic Journal.
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Nicholas Apergis, Panayotis Artikis & Emmanuel C. Mamatzakis. (2011) Weather Conditions and Bank Loans Efficiency in US Banking: A Panel VAR Approach. SSRN Electronic Journal.
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Cahit Guven. (2009) Weather and Financial Risk-Taking: Is Happiness the Channel?. SSRN Electronic Journal.
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