Scientific Research An Academic Publisher
OPEN ACCESS
Add your e-mail address to receive free newsletters from SCIRP.
Select Journal AA AAD AAR AASoci AAST ABB ABC ABCR ACES ACS ACT AD ADR AE AER AHS AID AiM AIT AJAC AJC AJCC AJCM AJIBM AJMB AJOR AJPS ALAMT ALC ALS AM AMI AMPC ANP APD APE APM ARS ARSci AS ASM BLR CC CE CellBio ChnStd CM CMB CN CRCM CS CSTA CUS CWEEE Detection EMAE ENG EPE ETSN FMAR FNS GEP GIS GM Graphene GSC Health IB ICA IIM IJAA IJAMSC IJCCE IJCM IJCNS IJG IJIDS IJIS IJMNTA IJMPCERO IJNM IJOC IJOHNS InfraMatics JACEN JAMP JASMI JBBS JBCPR JBiSE JBM JBNB JBPC JCC JCDSA JCPT JCT JDAIP JDM JEAS JECTC JEMAA JEP JFCMV JFRM JGIS JHEPGC JHRSS JIBTVA JILSA JIS JMF JMGBND JMMCE JMP JPEE JQIS JSBS JSEA JSEMAT JSIP JSS JSSM JST JTR JTST JTTs JWARP LCE MC ME MI MME MNSMS MPS MR MRC MRI MSA MSCE NJGC NM NR NS OALib OALibJ ODEM OJA OJAB OJAcct OJAnes OJAP OJApo OJAppS OJAPr OJAS OJBD OJBIPHY OJBM OJC OJCB OJCD OJCE OJCM OJD OJDer OJDM OJE OJEE OJEM OJEMD OJEpi OJER OJF OJFD OJG OJGas OJGen OJI OJIC OJIM OJINM OJL OJM OJMC OJMetal OJMH OJMI OJMIP OJML OJMM OJMN OJMP OJMS OJMSi OJN OJNeph OJO OJOG OJOGas OJOp OJOph OJOPM OJOTS OJPathology OJPC OJPChem OJPed OJPM OJPP OJPS OJPsych OJRA OJRad OJRD OJRM OJS OJSS OJSST OJST OJSTA OJTR OJTS OJU OJVM OPJ POS PP PST PSYCH SAR SCD SGRE SM SN SNL Soft SS TEL TI UOAJ VP WET WJA WJCD WJCMP WJCS WJET WJM WJNS WJNSE WJNST WJV WSN YM
More>>
Kumar, D. (2013) Are PIIGS Stock Markets Efficient? Studies in Economics and Finance, 30, 209-225. https://doi.org/10.1108/SEF-09-2011-0074
has been cited by the following article:
TITLE: Market Efficiency in Indian Exchange Rates: Adaptive Market Hypothesis
AUTHORS: Dilip Kumar
KEYWORDS: Automatic Variance Ratio (AVR) Test, Rank-Based Tests, Adaptive Market Hypothesis (AMH), Market Efficiency, Return Predictability
JOURNAL NAME: Theoretical Economics Letters, Vol.8 No.9, June 13, 2018
ABSTRACT: This paper utilizes the automatic variance ratio test and Belaire-Franch and Contreras (2004) rank-based tests to examine the adaptive market hypothesis in Indian exchange rates relative to US dollar (USD), Great British pound (GBP), Euro and Japanese yen (Yen). We use overlapping and non-overlapping moving subsample approach to examine the sensitivity of the results to a particular sample period. Our findings provide evidence in support of violation of the martingale hypothesis of Indian exchange rates relative to the US dollar and Japanese yen for whole sample period. Our findings also provide evidence that the predictability of returns of Indian exchange rates occurs from time to time and depends on occurrence of major macroeconomic events. These findings are consistent with the validity of adaptive market hypothesis in Indian exchange rates.
Related Articles:
Study on Teaching Reform of Macro-Finance Curriculum: Public Finance, Financial Economics and International Finance
Ping Li, De’an Gan, Shiyan Li
DOI: 10.4236/ce.2015.620229 2,537 Downloads 2,996 Views Citations
Pub. Date: November 30, 2015
Duration Dependence in Bull and Bear Stock Markets
Haigang Zhou, Steven E. Rigdon
DOI: 10.4236/me.2011.23031 4,592 Downloads 7,921 Views Citations
Pub. Date: July 25, 2011
Characterizing the Volatility Transmission across International Stock Markets
Amarnath Mitra, Vishwanathan Iyer, Anto Joseph
DOI: 10.4236/tel.2015.54067 3,211 Downloads 4,263 Views Citations
Pub. Date: August 24, 2015
Comovement of Stock Markets—An Analysis by Nonlinear Cointegration*
Kazumi Asako, Zhentao Liu
DOI: 10.4236/jss.2016.45010 1,380 Downloads 1,753 Views Citations
Pub. Date: May 16, 2016
Strategic Risk Factors for Indian Stock Markets
Aman Srivastava, Prashant Gupta, Rakesh Gupta
DOI: 10.4236/tel.2017.76114 739 Downloads 1,629 Views Citations
Pub. Date: September 30, 2017
