Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10003873638
This article uses parametric and nonparametric Variance Ratio (VR) tests of Lo and Mackinlay (1988) and Wright (2000) to re-examine the weak-form Efficient Market Hypothesis (EMH) for the large- and small-capitalization stock indices of TOPIX (Tokyo Stock Price Index) and FTSE (Financial Times...
Persistent link: https://www.econbiz.de/10003842695