Friday the 13th: International Evidence
TCD School of Business Working Paper
12 Pages Posted: 17 Aug 2000
Date Written: June 2000
The Friday the 13th anomaly of Kolb & Rodriguez (1987) is revisited in an international context. Using the FTSE world indices over 1988-200, for 19 countries, it is found that there is some evidence that returns on Friday the 13th are statistically different from, and generally greater than, returns on other Friday returns.
Keywords: International, Friday the 13th, stock markets, efficiency
JEL Classification: G12, G14
Suggested Citation: Suggested Citation