An empirical test of the efficiency of the ADR market
โ Scribed by Leonard Rosenthal
- Book ID
- 116134440
- Publisher
- Elsevier Science
- Year
- 1983
- Tongue
- English
- Weight
- 781 KB
- Volume
- 7
- Category
- Article
- ISSN
- 0378-4266
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
Recent empirical research using real estate data has supported the weak and semi-strong forms of the efficient markets hypothesis. Previous studies have not included an estimate of expected appreciation into the tests of market efficiency, thus raising a question about the reliability of the results
his study investigates empirically the efficiency of the currency futures T options market, Synchronous transactions data are used to test six arbitrage pricing conditions applicable to American futures options. Results support market efficiency for the period studied; few violations of these condit