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Applied Economics Letters Volume 30, 2023 - Issue 3
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Research Article

Junk Stocks vs Quality Stocks, A Perspective from Mood Seasonality

Rui Lia School of Economics and Finance, Xi’an Jiaotong University, Xi’an, Shaanxi, ChinaCorrespondence[email protected]
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,
Ruozhou Liub Harvest Fund Management Co., Ltd, Beijing, ChinaView further author information
,
Zili Zhangb Harvest Fund Management Co., Ltd, Beijing, ChinaView further author information
&
Xuejun Zhaob Harvest Fund Management Co., Ltd, Beijing, ChinaView further author information
Pages 349-354 | Published online: 29 Sep 2021

References

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  • Hirshleifer, D., D. Jiang, and Y. M. DiGiovanni. 2020. “Mood Beta and Seasonalities in Stock Returns.” Journal of Financial Economics 137 (1): 272–295. doi:10.1016/j.jfineco.2020.02.003.
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  • Kaustia, M., and E. Rantapuska. 2016. “Does Mood Affect Trading Behavior?” Journal of Financial Markets 29: 1–26. doi:10.1016/j.finmar.2015.08.001.
  • Keloharju, M., J. T. Linnainmaa, and P. Nyberg. 2016. “Return Seasonalities.” The Journal of Finance 71 (4): 1557–1590. doi:10.1111/jofi.12398.
  • Ritter, J. R. 1988. “The Buying and Selling Behavior of Individual Investors at the Turn of the Year.” The Journal of Finance 43 (3): 701–717. doi:10.1111/j.1540-6261.1988.tb04601.x.
  • Thaler, R. H. 1987. “Anomalies: The January Effect.” Journal of Economic Perspectives 1 (1): 197–201. doi:10.1257/jep.1.1.197.

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