Mean Reversion in Stock Prices : New Evidence from Panel Unit Root Tests

There are several studies that investigate evidence for mean reversion in stock prices. However, there is no consensus as to whether stock prices are mean reverting or random walk (unit root) processes. The goal of this paper is to re-examine mean reversion in stock prices

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Year of publication:	2012
Authors:	Narayan, Paresh Kumar
Other Persons:	Narayan, Seema (contributor)
Publisher:	[2012]: [S.l.] : SSRN
Subject:	Einheitswurzeltest \| Unit root test \| Börsenkurs \| Share price \| Mean Reversion \| Mean reversion \| Schätzung \| Estimation \| Panel \| Panel study \| Effizienzmarkthypothese \| Efficient market hypothesis
Description of contents:	Abstract [papers.ssrn.com]

Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Studies in Economics and Finance, Vol. 24, No. 3, pp. 233-244, 2007 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments 2007 erstellt Volltext nicht verfügbar
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013105031