Should we care? psychological barriers in stock markets

Kees G. Koedijk, Philip A. Stork*

*Corresponding author for this work

Research output: Contribution to JournalArticleAcademicpeer-review


For three out of five major stockmarkets it is found that those levels which are a multiple of a hundred are approached and transgressed relatively infrequently. We explicitly test for the effect of sample bias and conduct a forecasting experiment.

Original languageEnglish
Pages (from-to)427-432
Number of pages6
JournalEconomics Letters
Issue number4
Publication statusPublished - Apr 1994

Cite this