TURKYILMAZ, Serpil; BALIBEY, Mesut - In: International Journal of Economics and Financial Issues 4 (2014) 2, pp. 400-410
do not support long memory behaviour for the stock market returns. However, FIGARCH model indicate that volatility of … market returns has long memory. Moreover, in order to test the feature of long memory in the return and volatility of the …. Predictable structure of volatility of Pakistan Stock Market display that this market is the weak-form market inefficiency …