Abdelrahim, Sadeq; Holmes, Phil - In: Ekonomia 2 (1998) 2, pp. 117-134
This paper investigates the efficiency of the Kuwait Stock Exchange (KSE) in the periods prior to and after the invasion of Kuwait by Iraq in 1990. The invasion provided a major shock to the KSE and led to the market closing for a period of two years. In spite of a number of regulatory changes...