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Should We Care? Psychological Barriers in Stock MarketsPhilip A. StorkVU University Amsterdam - Faculty of Economics and Business Administration; Duisenberg School of Finance Kees C. G. KoedijkTilburg University - Department of Finance Economics Letters, Vol. 44, No. 4, 1994 Abstract: For three out of five major stockmarkets it is found that those levels which are a multitude of a hundred are approached and transgressed infrequently. We explicitly test for the effect of sample bias and conduct a forecasting experiment.
Keywords: psychological barriers, stock markets JEL Classification: G14 Accepted Paper SeriesDate posted: February 22, 2008Suggested CitationContact Information
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