Dicle, Mehmet F.; Beyhan, Aydin; Yao, Lee J. - In: International Review of Economics & Finance 19 (2010) 2, pp. 313-339
This study evaluates one of the most important emerging markets, India (Bombay Stock Exchange and Indian National Exchange), for its efficiency and for its potential to offer diversification benefits to international investors. Market-wide tests include; 1) contemporaneous relationship, 2) Granger...