... Stock returns Seasonality G12 G14 In the 1980s, numerous calendar anomalies were published in the academic literature. One of these puzzling findings is the abnormally higher returns on trading days prior to holidays. This anomaly was firstly observed by Fields (1934), who showed a high...

... sample from 49 countries from 1973 to 2012, we find strong effects on stock returns of all five weather variables and all but the sunshine effect vary across temperature regions and seasons. The systematic patterns of weather effects across climates and seasons suggest that weather influences stock...

...Assaf Eisdorfer; Elizabeth Kohl Most home stadiums/arenas of major-sport teams in the U.S. are sponsored by large publicly traded companies. Using NFL data we find that stock returns to the sponsoring firms are affected by the outcomes of games played in their stadiums. Wins in Monday night games...

... earlier conclusions are robust. We also provide out-ofsample tests. We thank Juhani Linnainmaa, Joseph Gerakos and Ivo Welch for helpful comments and discussions. © 2016 K. Daniel and S. Titman 2016 K. Daniel and S. Titman Licensed re-use rights only Asset Pricing Stock Returns Market...