Efficient market hypothesis in European stock markets
This paper reports the results of tests on the weak-form market efficiency applied to stock market indexes of UK, France, Germany, Spain, Greece and Portugal, from January 1993 to December 2007. We use a runs test, and joint variance ratio tests, which are performed using daily and weekly data for t...
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| Format: | article |
| Language: | eng |
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2022
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| Online Access: | http://hdl.handle.net/10400.5/26311 |
| Country: | Portugal |
| Oai: | oai:www.repository.utl.pt:10400.5/26311 |