The Effect of Seasonal Depression on Stock Market Returns

Author information:

Virág Kégl https://orcid.org/0009-0003-8982-2800: Budapest University of Economics and Technology, Student; Rajk College for Advanced Studies, Senior Member. E-mail: virag.kegl@gmail.com

Dóra Gréta Petróczy https://orcid.org/0000-0002-8182-3791: Budapest Metropolitan University, Assistant Professor; Magyar Nemzeti Bank, Education and Research Expert. E-mail: petroczyd@mnb.hu

Cite as (APA):

Kégl, V., & Petróczy, D. G. (2024). The Effect of Seasonal Depression on Stock Market Returns. Financial and Economic Review, 23(3), 117–139. https://doi.org/10.33893/FER.23.3.117

Column:

Study

Journal of Economic Literature (JEL) codes:

C10, G14, G20, G40

Keywords:

investor sentiment, seasonal depression, stock indices, stock market returns

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