Shaik, Muneer; Kamdar, Pratik; Nawaz, Nishad; Rabbani, … - In: Cogent economics & finance 12 (2024) 1, pp. 1-16
This study investigates how the Global Financial Crisis has affected the weak-form Efficient Market Hypothesis (EMH) on the stock prices of sixteen nations throughout the globe based on a suite of Fourier unit root tests. Considering the smooth structural breaks, we employed the Fourier-based...