THE INFORMATIONAL EFFICIENCY OF THE STOCK-MARKET - THE INTERNATIONAL EVIDENCE OF 1921-1930

被引:4
|
作者
JENG, CC [1 ]
BUTLER, JS [1 ]
LIU, JT [1 ]
机构
[1] ACAD SINICA, TAIPEI 115, TAIWAN
关键词
D O I
10.1016/0165-1765(90)90237-U
中图分类号
F [经济];
学科分类号
02 ;
摘要
The stock markets and money supplies of ten countries in the 1920s are examined. Most stock markets are found to be informationally efficient, but not those of the United States and United Kingdom. © 1990.
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页码:157 / 162
页数:6
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