Testing Efficiency Performance of an Underdeveloped Stock Market

Market inefficiency has influence on resource allocation, as price signals tend systematically understate or overstate the effects of information transmitted to the trading parties in the market. In this paper a number of statistical tests employed to assess the weak-form efficiency of Khartoum Stock Exchange (KSE) market. The finding of the paper indicates the inefficiency hypothesis cannot be rejected

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Year of publication:	2007-07-25
Authors:	Onour, Ibrahim

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Type of publication:	Book / Working Paper
Language:	English
Notes:	Onour, Ibrahim (2007): Testing Efficiency Performance of an Underdeveloped Stock Market.
Classification:	C10 - Econometric and Statistical Methods: General. General ; G12 - Asset Pricing ; C22 - Time-Series Models
Source:	BASE

Persistent link: https://www.econbiz.de/10015216729