Construct · 1 fields · 1 citations

hem: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
hem1 CONSTRUCTHemline indexHEMLINE INDEX

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Behavioral economics

Skirt lengths read as an economic signal

In the folklore of markets, the hemline index is the claim that skirt hemlines rise and fall with the economy (shorter in boom times, longer in downturns) so that fashion supposedly tracks or even foreshadows sentiment. Chen, Dong, and Lai's 2016 Revisit hemline index theory tested the idea empirically by relating short-skirt trading to the Chinese stock market. The referent is a proposed sentiment or forecasting signal drawn from hemline height, assessed by whether it actually co-moves with or predicts markets, and it is unrelated to the sewing construct of a finished edge except that it is named for the hemline.[1]

Unit
The correlation or lead–lag between hemline height and market or economic indicators
Recovery means
Not applicable
Measured by
Tested by correlating measured hemline or skirt-length data with stock-market and macroeconomic series

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Nearby constructs

boom2 fields · 2 citationsjingle · one word, two constructsconstruct6 fields · 7 citationsjingle · one name, six constructsdepth3 fields · 6 citationsjingle · one word, three constructs

References

  1. Chen, H., Dong, Y., & Lai, K. (2016). Revisit hemline index theory: Forecasting daily trading of short skirts by stock market in China. In 2016 International Conference on Behavioral, Economic and Socio-cultural Computing (BESC) (pp. 1–6). IEEE. https://doi.org/10.1109/besc.2016.7804479

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