Market Efficiency within the German Stock Market: A Comparative Study of the Relative Efficiencies of the DAX, MDAX, SDAX and ASE Indices
It can be implied from the efficient market hypothesis that the more transparent a market is, then the more likely that the market will be efficient. This paper is a study of whether the different transparency standards applied to the different indices quoted on the German stock market have any i...
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| Format: | Article |
| Language: | English |
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Econometric Research Association
2011-04-01
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| Series: | International Econometric Review |
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| Online Access: | http://www.era.org.tr/makaleler/1120029.pdf |