Mazzoli, Marco; Barducci, Christian - In: International Review of Applied Economics 23 (2009) 4, pp. 521-540
This paper tests the semi-strong efficiency of the euro-dollar currency market by introducing a simple heuristic test, based on the 'general-to-specific' methodology and meant to include as two specific sub-cases the 'efficient market hypothesis' (EMH) in the currency market as well as...