Woo, Kai-yin; Mai, Chulin; McAleer, Michael; Wong, Wing … - In: Economies : open access journal 8 (2020) 1/20, pp. 1-51
reviews the theory and literature on market efficiency and market anomalies. We give a brief review on market efficiency and … clearly define the concept of market efficiency and the EMH. We discuss some efforts that challenge the EMH. We review …The efficient-market hypothesis (EMH) is one of the most important economic and financial hypotheses that have been …