Are stock markets of emerging economies informationally efficient? Causal analysis of stock prices and macroeconomic variables of EM7 economies for the recent decade
An informationally efficient stock market is one of the indispensable factors for the smooth working of the economic machinery of a country. Efficient market hypothesis in this regard provides the theoretical base, which eliminates the possibility of beating the market and provides a level playing f...
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| Format: | Article |
| Language: | English |
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General Association of Economists from Romania
2023-09-01
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| Series: | Theoretical and Applied Economics |
| Subjects: | |
| Online Access: |
http://store.ectap.ro/articole/1689.pdf
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