4 ms·

How does a new holiday impact the economy? Does it factor into a decision?

• maxerickson 5y ago
  It doesn't particularly. Federal employees are the only workers that are directly impacted.
• leipert 5y ago
  Mhm. I find the list of minimum annual leave by country interesting. [0] Seems like companies are not obliged to honor this holiday. Personally I think national holidays are probably having a positive impact, because it will give almost all folks an opportunity to rest, maybe do a small vacation, so they’ll come back and be more productive or have spent some savings to boost the economy. [0]: https://en.m.wikipedia.org/wiki/List_of_minimum_annual_leave_by_country https://en.m.wikipedia.org/wiki/List_of_minimum_annual_leave...
• great_reversal 5y ago
  Maybe it'll reduce the number of trading days in a year from 252 to 251. All the quants will need to update their models :)