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End of month effects (the impact of being paid at the end of month) were not apparent either when examining the first or last two days or the first or last week of months, and therefore were eliminated from further analyses (Table 2).
Anne Rothschild London NW3 The battle for the soul of the Labour Party grows more and more bizarre ("Brown 'has until end of month to save himself' ", 4 August).
Will take effect at end of month.
They kept a pool and whoever spotted the most murders took all at end of month.
7 Feb: Indonesian government says the men will face the firing squad before end of month.
The new payment terms relevant are end of month +93 days (so-called C93).
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In Montevideo, savers thronged around cash dispensers on what was an end-of-month payday.
Advertisements would also have to lead investors to end-of-month performance data by offering a telephone number or a Web site.
However, industry sources said it was a precautionary move as talks, related to a revamp of the fragrance and beauty business, head towards an end-of-month deadline.
That would explain the end-of-month roll out.
Table 1 reports the average number of firms for different time periods for which the end-of-month stock prices are available in our data sample.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com