SAADI, SAMIR; GANDHI, DEVINDER; DUTTA, SHANTANU - In: International Journal of Theoretical and Applied … 09 (2006) 07, pp. 1021-1050
Capital market efficiency of emerging markets has been investigated widely in recent years. But to-date the empirical results remain inconclusive because most empirical studies use empirical tests, which are designed to detect linear structure in financial time series. However, recent...