Journal of Empircal Finance

Journal of Empircal Finance

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Therefore, the price increase on pre-holidays seems to reflect this increased probability of information-based trading. ... We have taken into account the following Spanish holidays: New Yeara#39;s Day, Epiphany, Maundy Thursday and Good Friday, All Saints Day, Assumption Day, National Day, Labour Day, Constitution Day, Immaculate Conception Day, Christmas Eve and Christmas Day. First, the tradinganbsp;...

Title:Journal of Empircal Finance
Publisher: - 2003

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