Have been informationally efficient stock markets?
In this paper we study the testing of the stock market efficiency in the last fifteen years, for that we review the papers of ScienceDirect database to characterize the results in percent. We find that 60 % of papers rejects stock market efficiency, 35 % presents evidence of efficiency, and the rema...
Main Authors: | , |
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Format: | Online |
Language: | spa |
Published: |
Universidad Pedagógica y Tecnológica de Colombia
2014
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Subjects: | |
Online Access: | https://revistas.uptc.edu.co/index.php/cenes/article/view/2906 |