학술저널
We analyze the relationship between weather variables and industry sector indices based on the bounded rationality of investors in the economy using daily data from 2008 to 2011. We find that humidity and cloud cover have become highly related to all industry sectors. These results argue that weather information that influence the psychological social phenomena should affect the investment strategies. Our results show the psychological effect of investors in economic systems playing a much more important role in terms of the asset pricing or portfolio theory
Abstract
Ⅰ. 서론
Ⅱ. 이론적 고찰
Ⅲ. 실증설계
Ⅳ. 실증결과
Ⅴ. 결론 및 시사점
참고문헌
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