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