Oslo Stock Exchange and the Weather
Bernt Arne Ødegaard, University of Stavanger
We investigate empirical links between Oslo Stock Exchange and the weather, asking whether daily
returns on the market, or market trading activity, seems to be related to the weather. We use
this investigation to illustrate empirical methods and empirical thinking in financial
- Lecture slides Behavioral Finance course
- Lecture slides Empirical Finance course
R code examples
Stock Market data
Available from my homepage
The meteorological data has been downloaded from eklima.net. Below are provided the datasets used
in the paper. For proper meteorological data for other uses one should get data directly from
- Blindern: The Norwegian Met Office headquarters at the University of Oslo.
Weather is from Florida, where the measuring station for Bergen is located. This is
Florida in Bergen, not the US State.