Calendar Effects in the Market of Crude Oil

Anna Górska; Monika Krawiec

doi:10.22630/PRS.2015.15.4.54

PDF (English)

Opublikowane:

Dec 31, 2015

Numer

Tom 15 Nr 4 (2015)

Dział

Articles

CitedBy/Share

Anna Górska

Szkoła Główna Gospodarstwa Wiejskiego w Warszawie

https://orcid.org/0000-0003-0763-0550

Monika Krawiec

Szkoła Główna Gospodarstwa Wiejskiego w Warszawie

https://orcid.org/0000-0002-4765-244X

DOI: https://doi.org/10.22630/PRS.2015.15.4.54

Abstrakt

This paper investigates calendar effects in the crude oil market using daily data over the period January 4, 2000 to December 31, 2014 for two global oil pricing benchmarks: West Texas Intermediate (WTI) and Brent. Results of performing statistical tests of equality of two means and of equality of two variances reveal the presence of both day-of-the week and month-of-the-year effects.

Jak cytować

Górska, A., & Krawiec, M. (2015). Calendar Effects in the Market of Crude Oil. Zeszyty Naukowe SGGW W Warszawie - Problemy Rolnictwa Światowego, 15(4), 62–70. https://doi.org/10.22630/PRS.2015.15.4.54

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Statystyki