한국 주식시장에서 산업별 지수와 날씨요인간의 상관성 분석

• 영문명: Correlation analysis on the relationship between the industrial indices and weather factors
• 발행기관: 한국무역연구원
• 저자명: 정유(You Jung) 오갑진(GabJin Oh) 김호용(Ho-Yong Kim)
• 간행물 정보: 『무역연구』제10권 제4호, 797~810쪽, 전체 13쪽
• 주제분류: 경제경영 > 무역학
• 파일형태: PDF
• 발행일자: 2014.09.30

영문 초록

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

목차

Abstract

Ⅰ. 서론

Ⅱ. 이론적 고찰

Ⅲ. 실증설계

Ⅳ. 실증결과

Ⅴ. 결론 및 시사점

참고문헌

키워드

Weather effect Industry sector Behavior finance