Does the Federal Constitutional Court Ruling Mean the German Financial Market is Efficient?
Following the landmark ruling by the German Federal Constitutional Court in Karlsruhe on 7th February 2014 in which they endorsed the efficient market hypothesis, we present evidence on the efficiency of the German financial market. Introducing a new variance bound test based on the Component-GARCH...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Mendel University, Brno
2018-12-01
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| Series: | European Journal of Business Science and Technology |
| Subjects: | |
| Online Access: | https://ejobsat.cz/artkey/ejo-201802-0001_does-the-federal-constitutional-court-ruling-mean-the-german-financial-market-is-efficient.php |