Dutt, Swarna; Ghosh, Dipak - In: Journal of Economics and Finance 23 (1999) 2, pp. 157-161
This paper examines the weak and strong forms of the foreign exchange market efficiency hypothesis (MEH) (as defined in the paper) using the recently available Harris-Inder null of cointegration procedure, which is powerful enough to distinguish between cointegration and near cointegration, and...