The Ramadan effect: Illusion or reality?

Empirical tests of the efficient market hypothesis (EMH) have been repeated by many researchers with varying results, with several supporting it and others finding no clear evidence for it. One of the results that weakens the EMH is the study of such anomalies as the Ramadan effect. Anomaly studies...

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Bibliographic Details
Main Authors: Azwar Ramadhana Sonjaya, Imam Wahyudi
Format: Article
Language:English
Published: Business School, Holy Spirit University of Kaslik (USEK) 2016-06-01
Series:Arab Economic and Business Journal
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2214462515300785