2025/04/11 by Sara A. Safari, Safari, Sara A., Maximilian Janisch +3 · 1 citation
Economics, Econometrics and Finance · #Global Financial Crisis and Policies
paper · pdf · doi:10.48550/arxiv.2504.08611
In the theory of financial markets, a stylized fact is a qualitative summary of a pattern in financial market data that is observed across multiple assets, asset classes and time horizons. In this article, we test a set of eleven stylized facts for financial market data. Our main contribution is to consider a broad range of geographical regions across Asia, continental Europe, and the US over a time period of 150 years, as well as two of the most traded cryptocurrencies, thus providing insights into the robustness and generalizability of commonly known stylized facts.