"Friday the 13th: International Evidence"
BY: BRIAN M. LUCEY
University of Dublin, Trinity College
Document: Available from the SSRN Electronic Paper Collection:
http://papers.ssrn.com/paper.taf?abstract_id=234828
Paper ID: TCD School of Business Working Paper
Date: June 2000
Contact: BRIAN M. LUCEY
Email: Mailto:blucey at mail.tcd.ie
Postal: University of Dublin, Trinity College
Dublin 2, IRELAND
Phone: + 353-1-7021552/7021024
Fax: + 353-1-6799503
ABSTRACT:
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