Lim, Kian-Ping; Liew, Venus Khim-Sen; Wong, Hock-Tsen - EconWPA - 2003
This study utilizes the windowed-test procedure of Hinich and Patterson (1995) to examine the data generating process of KLSE CI returns series. Unlike previous studies, the present one relates the evidence to the popular weak-form EMH and behavioural finance, with the hope of offering some...