Informational Efficiency in Developing Equity Markets /

The issue of informational efficiency in the evolution of asset prices is examined using data on equity markets in Jordan, Turkey and Pakistan over the period 1986-93. The analysis is carried out in two steps. The parameters of agents' dynamic consumption and investment decisions are first esti...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: McDermott, C.
مؤلفون آخرون: Cashin, Paul
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 1995.
سلاسل:IMF Working Papers; Working Paper ; No. 1995/058
الوصول للمادة أونلاين:Full text available on IMF