Hypothesis of efficient markets
Efficient Market Hypothesis in European Stock Markets
... results of tests on the weak-form market efficiency applied to stock market indexes of France, Germany, UK, Greece, Portugal and Spain, from January 1993 to December ...the hypothesis that the stock ...
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Stock market under the 2016 Brazilian presidential impeachment: a test in the semi-strong form of the efficient market hypothesis
... point of generating significant abnormal returns or cumulative abnormal returns within the Brazilian impeachment ...means of the efficient market hypothesis (EMH), in its semi-strong form, the ...
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H OW EFFICIENT IS THEP ORTUGUESES TOCK
... so markets would be ...week of April 1991 and ending in the last week of August 1998 and were able to conclude that only the Turkey market was ...European markets, covering twenty European ...
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Are the global REIT markets efficient by a new approach?
... results of panel KSS unit root test with a Fourier function on the indices where the panel KSS statistics are produced with the bootstrap p-values, individual minimum KSS statistics, and sta- tionary series ...
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NON-LINEAR TESTS OF WEAKLY EFFICIENT MARKETS: EVIDENCE FROM PORTUGAL
... However, even if there is no linear dependence that does not rule out non-linear dependence. In fact, non-linear dependence may exist in a series even if we have already concluded for the lack of linear ...
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The efficient market hypothesis: problems with interpretations of empirical tests
... eficient markets follow a random walk with price innova- tions that obey the normality ...Thousands of “tests” were based on this prediction although Samuelson’s (1965) was explicit that unpredictability ...
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Determinants of Mammal and Bird Species Richness in China Based on Habitat Groups.
... patterns of species richness, more than 100 explanatory hypotheses have been proposed to date [8, ...core of current studies, e.g., the energy hypothesis, the environmental stability ...
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Efficient Technique of Air-Conditioning
... consists of multistage cooling ...energy efficient ability. Direct evaporative cooling (DEC) have disadvantage of higher relative humidity in conditioned ...Combination of in-direct ...
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Repositório Institucional UFC: Integration and hedging efficiency between brazilian and u.s. ethanol markets
... international markets when creating their marketing strategies, since they contribute to increasing market volatility, and can determine different price patterns in each market (BORRAS et ...derivative ...
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The influence of the global crisis on the slowdown of the emerging markets
... goal of constructing this model is to analyze the influence that the global crisis had on the equity emergi ng markets’ returns, the external regressors being considered are representative of the ...
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RADING PERFORMANCE AND IMPLICATIONS APPLIED TO THE
... concept of widespread understanding, yet very complex to ...possibility of making profits when, eventually, the assets revert to moving ...one of identifying the pairs and the one of ...
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Anna Caroline C Aguiar 1,2 , Eliana MM da Rocha
... spread of Plasmodium falciparum that is resistant to the majority of antimalarial ...sensitivity of Plasmodium vivax to ...tivity of new compounds in vitro and in animal models ranging from ...
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Application of experiential marketing in the revival strategies of traditional food markets : the case of mercado de San Miguel
... possibility of trying expensive products. Thus, the wine bar of Mercado de San Miguel has almost 500 sorts of wine, some of which are cheaper, others more ...glass of his favorite ...
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Pricing rules and Arrow-Debreu ambiguous valuation
... Role of Securities seminal paper, the general equilibrium the- ory has been the fundamental scope for the study of some fundamental issues in economic ...branch of this theory that highlights the ...
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FDI in investment banking
... direction of causality of certain independent variables can be questioned in this ...magnitude of the OLS ...those of SEEK NEW CUSTOMERS (X2) in all ...those of SIZE (X5) and EXPERIENCE ...
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The growing importance of the ETF industry - the pros and cons of passive management
... outperformance of the ...bear markets, and contrast the main principles of ...matter of fact, passive strategies have some limitations that may significantly disperse value over time, such as ...
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Dynamic markets for lemons
... This paper aims to explore that possibility. Specifically, I analyze a decentralized lemons market which lasts for finitely many periods. I assume sellers can produce one unit of a commodity which can be of ...
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Classification of Eucalyptus urograndis hybrids under different water availability based on biometric traits
... majority of characteristics, it is still the hybrid with the strongest growth in terms of height ...predictor of growth in the field (Coopman et ...advantage of H5 was the gradual increase in ...
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DYNAMIC APERIODIC NEURAL NETWORK FOR TIME SERIES PREDICTION
... We ran through all eight markets' stock index data using out myopic KAII neural network and we got different results from different markets. Most of the predicti[r] ...
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The internationalization of Portuguese hospitality for emerging markets
... Entretanto, quando se focou a análise nos países selecionados, constatou-se outra característica: quase todos tinham um PIBpc abaixo de 5000$ quando os investimentos foram realizados, o que os colocava na designada BOP – ...
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