On the dynamics of international stock market efficiency

The Granger causality procedure is used to assess the dynamics of market efficiency of 17 international stock indices. These indices are based on relatively smaller firms. The reference of market efficiency is a stock index, from the same economy, which is based on relatively larger firms. There is...

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Bibliographic Details
Main Authors: Mohammed S. Khaled, Stephen P. Keef
Format: Article
Language:English
Published: Taylor & Francis Group 2014-12-01
Series:Cogent Economics & Finance
Subjects:
Online Access:http://dx.doi.org/10.1080/23322039.2014.923778