• Title/Summary/Keyword: 주말효과

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A Study on The Day of Week Effect in International Stock Markets : Focusing on the Settlement and Clearing Procedure (세계증권시장에서 주중 요일별 수익률 효과 분석의 연구 : 결제청산과정을 중심으로)

  • Kim, Kyung-Won
    • The Korean Journal of Financial Management
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    • v.20 no.2
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    • pp.201-234
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    • 2003
  • This paper examines the day of the week effect focusing on the effect of the settlement procedures on the stock price in seven major international stock markets. Settlement dates or procedures may have an effect on rate of return distributions in international stock markets. Those Settlement procedures are different among various international stock markets. Furthermore, several international stock markets change their systems of settlement procedures. On the New York stock exchanges, stock transactions are settled in five business days after the transaction. However, they changed settlement procedures from five business days to three business days from 1995. Those settlement procedures on the London stock exchanges and the Paris stock exchanges were changes from the fixed settlement date systems to the fixed settlement lag systems. Thus, this paper examines the effect of the changes in settlement procedures on the stock price in several stock markets. I found that changes of settlement dates or procedures have an effect on the rate of return distributions for specific days in some stock markets. This paper also examines the day of the week effect for seven international stock markets. I found that strong weekend effect before the period of 1990. However, the weekend effect has disappeared during the period from 1990 to 2002 in international stock markets.

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The Weekend and January Effect in the Ghana Stock Market (가나 증권시장의 주말 효과와 1월 효과)

  • Ahialey, Joseph Kwaku;Kang, Ho-Jung
    • The Journal of the Korea Contents Association
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    • v.15 no.8
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    • pp.460-472
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    • 2015
  • The aim of this study is to analyze the Weekend and January effect in the Ghana Stock Exchange (GSE) using daily closing prices of GSE-All Share Index (ASI) and Composite Index (CI) between the period of January 4th, 2005 and December 31st, 2013. The dataset covers the period of 2005 to 2010 (6 years) for the ASI and 2011 to 2013 (3 years) for the CI. The following results are obtained based on a parametric regression using dummy variables. First, no weekly effect or anomaly is documented for both GSE-ASI and GSE-CI. Second, market abnormalities are captured for both GSE-ASI and GSE-CI over their respective entire periods. However, no consistent April effect is found for ASI when the period was segregated into two periods of three years. The April effect is uncovered for the GSE-ASI at 5% significant level while the January effect is found for the GSE-CI at 1% significant level.

Sleep Duration and Suicidal Impulse of Korean Adolescents: Weekday/Weekend Sleep Duration Effects and Gender Difference (청소년의 수면시간과 자살충동 - 평일/주말 수면시간 효과에 대한 성별 분석)

  • Kim, Kyungmi;Youm, Yoosik
    • The Journal of the Korea Contents Association
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    • v.15 no.12
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    • pp.314-325
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    • 2015
  • This study examines the impact of sleep duration on Korean adolescents' suicidal impulse. A gender-based analysis was conducted using binary logistic regression method. The major findings are as follows. First, weekday sleep duration had a significant effect only on male adolescents. Male adolescents who sleep less than seven hours on a weekday are likely to experience suicidal impulse by 1.9 times higher than the others. This effect remained significant even when other relevant variables were controlled. On the other hand, female adolescents who have less than seven hours of sleep on a weekday have about 1.3 times higher chances to experience suicidal impulse. However, this effect became insignificant when other variables such as stress were controlled. Meanwhile, weekend sleep duration did not have any significant effect on both male and female adolescents. By demonstrating the different effects between weekday/weekend sleep duration and male/female adolescents, this study supports the claim that it is necessary to take a social approach in studying sleep duration.

The Influences of Meteorological Factors, Discount rate, and Weekend Effect on the Sales Volume of Apparel Products (기상요인, 가격할인 및 주말효과가 의류상품 판매량에 미치는 영향)

  • Hwangbo, Hyunwoo;Kim, Eun Hie;Chae, Jin Mie
    • Fashion & Textile Research Journal
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    • v.19 no.4
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    • pp.434-447
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    • 2017
  • This study investigated the effects of influencing factors on the sales volume of apparel products. Based on previous studies, weekend effect, discount rate, and meteorological factors including daily average temperature, rainfall, sea level pressure, and fine dust were selected as independent variables to calculate their effects on sales quantity of apparel products. The daily sales data during 2015 - 2016 were collected from casual brands and outdoor brands which "A" apparel manufacturing company had operated. The actual data of "A" company were analyzed using SAS(R) 9.4 and SAS(R) Enterprise Miner 14.1. The results of this study were as follows: First, the influencing factors on total sales volume of apparel products were proved to be the weekend effect, discount rate, and fine dust. Second, the analysis of influencing factors on sales volume of apparel products according to season showed: 1) In casual brands, the average temperature had a significant influence on the sales volume of spring/summer products, and the sea level pressure affected the sales volume of summer/fall/winter products significantly. 2) In outdoor brands, the average temperature and the fine dust had a significant influence on the sales volume of all season's products. The sea level pressure affected the sales volume of summer/fall/ winter products significantly. The weekend effect and the discount effect affected the sales volume of apparel products partly. Third, the effect of rainfall was not proven significant, which was different from the results of past studies.

Effects of Weekend Forest Healing Program Utilizing Urban Forest on Improvement of Family Cohesion and Family Relationship and Parental Satisfaction (도시숲을 활용한 주말 산림치유 프로그램이 가족응집력과 가족관계 향상에 미치는 영향 및 부모 만족도)

  • Park, Suk-Hyeon;Park, Bong-Ju
    • The Journal of the Korean Institute of Forest Recreation
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    • v.22 no.4
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    • pp.49-58
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    • 2018
  • The purpose of this study was to investigate the effect of weekend forest healing programs using urban forest on family cohesion and family relationship improvement and parental satisfaction with programs. 21 families (65 people)participated in the weekend forest healing program in Incheon Grand Park from April to August 2018. The program using family forest experience activity and forest healing therapy was newly constructed and implemented with 4 times 8 hours for 2 hours each week. The results of this study is that weekend forest healing programs for family gave a positive effect on family cohesion and family relationship, and parents' satisfaction showed high satisfaction in most items. Therefore, we concluded that forest healing activities are suitable for effective healing activities in modern society where functions such as family cohesion and emotional bond are recognized as important by improving family cohesion and family relationship. Further research should be extended to different types of families, and the development of diverse and interesting family-experience forest healing programs that reflect family needs should continue.

The Return Generating Process of Corporate Bonds based on Credit Ratings

  • Jeong, Won-Gil
    • Journal of the Korean Data and Information Science Society
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    • v.14 no.4
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    • pp.805-815
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    • 2003
  • This study examines two hypothesis regarding return generating process of corporate bonds: the trading day hypothesis and calendar day hypothesis. To differentiate two hypothesis ANOVA(analysis of variance) and regression analysis were used. If the statistical result can not reject calendar day hypothesis, it implies that there is weekend effect. The statistical result didn't support any particular hypothesis for the period of September 7th, 1999 through December 31, 2002. However, corporate bonds were supporting calendar day hypothesis for the period of October 9, 2000 through December 31, 2002. The result indicates that the Korean corporate bond market got through the impact of IMF.

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미국 대표 비영리 민간기구 촛불재단 적극적 국가지원, 봉사활동 선도

  • Gang, Seon-Gyeong
    • Social Workers
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    • no.3 s.47
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    • pp.40-43
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    • 2006
  • 촛불재단의 역할은 중대한 사회문제를 해결하는 데 도움을 줄 수 있는 활동에 보다 많은 사람들을, 보다 효과적으로 참여시키는데 있다. 중고생들의 봉사활동은 방과 후, 주말, 휴일, 방학 기간에 이루어지고 있는데, 교육청과 학교는 많은 기관과 단체를 사회봉사 기관으로 지정하고 학생들로 하여금 각 기관에서 활동 내용, 시간, 장소를 선별해서 활동하도록 권장하고 있다.

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The Effects of Spouse's Housework Intervention on Women's Depression (배우자의 가사 노동 개입이 여성 우울증에 미치는 영향)

  • Kim, Eun-Jung;Yang, Hee-Jung
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.19 no.10
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    • pp.280-289
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    • 2018
  • This study investigated the effects of spousal intervention in housework on female depression. To achieve this, an empirical 10-day field survey of 119 mothers of children after school age was conducted in Suwon, Incheon, Yeoju and Gwangju, Gyeonggi-do through structured questionnaires. The findings were as follows. Spousal intervention in housework had a significant effect on female depression, but there were different prevalence rates of female depression according to the status of spousal childcare on weekdays and weekends. In other words, there was a difference in the effects of spousal intervention in housework on female depression according to weekday childcare and weekend childcare. These findings indicate that reducing housework burdens by spousal intervention in housework helps to lower and prevent female depression. Consequently, because there is a difference in the effects of spousal intervention in housework on female depression according to the level of simple weekday or weekend childcare and the degree of intervention, spousal intervention and sharing all family management duties, including housework and childcare, can maximize the effect.

The Study on the Effectiveness and Satisfaction of the 'Disaster Safety and On-Site Emergency Management' weekend course in the High School-University affiliated career experience activities

  • Yun, Hyeong-Wan;Jung, Ji-Yeon;Jung, Eun-kyung
    • Journal of the Korea Society of Computer and Information
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    • v.24 no.12
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    • pp.143-149
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    • 2019
  • This study investigates the satisfaction of students who participated in 'Disaster Safety and On-Site Emergency Management' weekend course, the high school-university affiliated program, to provide the basic data on university's major linked program developing and teaching methods. 98 high school students attended the courses at D General high school and B University in North Jeonlla Province. Among the participants, 52%(51 students) were sophomores, while 56.1%(55 students) were male and 43.9%(43 students) were female. The collected data was analyzed by using the SPSS statistics version 21.0 program. 80.6%(79 students) among the participants chose the weekend course program by themselves, 85.7%(84 students) were with clear motivation and goal, and 42.9%(42 students) answered "so interested studying Emergency at a college in the future" The most important reasons to choose this program are as follows: score 4.68 for 'the degree to which the useful program for youth', score 4.58 for 'the leader's expertise', and score 4.53 for 'reflecting the opinion of youth.' After the program's experience, the 'certificate for cardiopulmonary resuscitation' was the most important and the most satisfactory with score 4.78 and score 4.83 respectively. As the university career program using various job experience can be a meaningful experience that enhance the level of career status and career decisions of high school students, this program will strengthen the affiliation between high school and university curriculum and establish the sufficient national social system environment.