Haque, Mahfuzul; Hassan, M. Kabir; Maroney, Neal C; … - In: Review of Middle East Economics and Finance 2 (2004) 1, pp. 18-41
This paper examines the stability, predictability, volatility, time varying risk premiums and persistence of shocks to … issue of predictability in the ME&A emerging markets, three different tests have been employed to draw conclusions. It was … found that by using the three different tests, one receives slightly different results on predictability. In general, one …