This paper examines market efficiency and asymmetric cointegration among the South Asian stock markets using monthly data from January 1998 to December 2013. The structural breaks and wavelet based unit root tests indicate that the markets are efficient at least in the weak form. We use...

This study examines the price explosiveness of stocks whose purchase Robinhood restricted during the GameStop episode. We find that those “meme stocks” comprise multiple periods of explosiveness, indicating that they are unlikely to be an epiphenomenon. We also document evidence of price...