A Reappraisal of the Efficiency of Financial Markets

A Reappraisal of the Efficiency of Financial Markets PDF Author: Rui M.C. Guimaraes
Publisher: Springer Science & Business Media
ISBN: 3642747418
Category : Business & Economics
Languages : en
Pages : 799

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Book Description
The behaviour of market prices is a fascinating subject for researchers. Opinions vary substantially. from the view that prices accurately and quickly reflect relevant information to the other extreme that prices are not rationally determined and are hence to some degree predictable. This diversity of belief about the efficiency of markets is reflected in these proceedings of the NATO Advanced Research Workshop on "A reappraisal of the efficiency of financial markets". The thirty-one workshop papers cover stock. currency and commodity markets. We are pleased to have contributions on markets in eleven NATO countries: Belgium. Canada. Denmark. France. Germany. Greece. Italy. the Netherlands. Portugal. the United Kingdom and the United States. The workshop papers thus provide a wide-ranging account of contemporary research into financial markets worldwide. The workshop was held at the Hotel do Mar. Sesimbra. Portugal from April 11 th to April 15th. 1988. We record our gratitude to Jose Cabral for ensuring the smooth progress of the workshop. The generous financial assistance of NATO was supplemented by contributions from: The Chicago Board of Trade. Alianca Seguradora. Banco Comercial Portugues. Fundacao Luso-Americana Para 0 Desenvolvimento. Junta Nacional de Investigacao Cientifica e Tecnologica. We speak for all the workshop participants in expressing our thanks to all our sponsors. Rui M. Campos Guimaraes. University of Porto.

A Reappraisal of the Efficiency of Financial Markets

A Reappraisal of the Efficiency of Financial Markets PDF Author: Rui M.C. Guimaraes
Publisher: Springer Science & Business Media
ISBN: 3642747418
Category : Business & Economics
Languages : en
Pages : 799

Get Book Here

Book Description
The behaviour of market prices is a fascinating subject for researchers. Opinions vary substantially. from the view that prices accurately and quickly reflect relevant information to the other extreme that prices are not rationally determined and are hence to some degree predictable. This diversity of belief about the efficiency of markets is reflected in these proceedings of the NATO Advanced Research Workshop on "A reappraisal of the efficiency of financial markets". The thirty-one workshop papers cover stock. currency and commodity markets. We are pleased to have contributions on markets in eleven NATO countries: Belgium. Canada. Denmark. France. Germany. Greece. Italy. the Netherlands. Portugal. the United Kingdom and the United States. The workshop papers thus provide a wide-ranging account of contemporary research into financial markets worldwide. The workshop was held at the Hotel do Mar. Sesimbra. Portugal from April 11 th to April 15th. 1988. We record our gratitude to Jose Cabral for ensuring the smooth progress of the workshop. The generous financial assistance of NATO was supplemented by contributions from: The Chicago Board of Trade. Alianca Seguradora. Banco Comercial Portugues. Fundacao Luso-Americana Para 0 Desenvolvimento. Junta Nacional de Investigacao Cientifica e Tecnologica. We speak for all the workshop participants in expressing our thanks to all our sponsors. Rui M. Campos Guimaraes. University of Porto.

The Economic Efficiency of Financial Markets

The Economic Efficiency of Financial Markets PDF Author: Jan Mossin
Publisher:
ISBN:
Category : Finance
Languages : en
Pages : 184

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Book Description


Analysis of the Efficiency of Financial Markets: a Critical Review

Analysis of the Efficiency of Financial Markets: a Critical Review PDF Author: Graeme G. Rodger
Publisher:
ISBN:
Category :
Languages : en
Pages : 81

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Book Description


Information Efficiency in Financial and Betting Markets

Information Efficiency in Financial and Betting Markets PDF Author: Leighton Vaughan Williams
Publisher: Cambridge University Press
ISBN: 1139445405
Category : Business & Economics
Languages : en
Pages : 412

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Book Description
The degree to which markets incorporate information is one of the most important questions facing economists today. This book provides a fascinating study of the existence and extent of information efficiency in financial markets, with a special focus on betting markets. Betting markets are selected for study because they incorporate features highly appropriate to a study of information efficiency, in particular the fact that each bet has a well-defined end point at which its value becomes certain. Using international examples, this book reviews and analyses the issue of information efficiency in both financial and betting markets. Part I is an extensive survey of the existing literature, while Part II presents a range of readings by leading academics. Insights gained from the book will interest students of financial economics, financial market analysts, mathematicians and statisticians, and all those with a special interest in finance or gambling.

Asset Pricing and Intrinsic Values

Asset Pricing and Intrinsic Values PDF Author: Bruce N. Lehmann
Publisher:
ISBN:
Category : Assets (Accounting)
Languages : en
Pages : 52

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Book Description
A review of A Reappraisal of the efficiency of financial markets edited by Rui M.C. Guimaraes, Brian G. Kingsman and Stephen J. Taylor.

On the (in-)efficiency of Financial Markets

On the (in-)efficiency of Financial Markets PDF Author: Mathias Bucher
Publisher:
ISBN:
Category :
Languages : en
Pages : 137

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Book Description


Rational Expectations and Efficiency in Futures Markets

Rational Expectations and Efficiency in Futures Markets PDF Author: Barry Goss
Publisher: Routledge
ISBN: 1134975201
Category : Business & Economics
Languages : en
Pages : 240

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Book Description
Do traders in futures markets make use of all relevant information and is this reflected in prices? This collection of original essays by a team of international economists considers these and other questions central to futures markets.

Foreign Exchange Issues, Capital Markets and International Banking in the 1990s (RLE Banking & Finance)

Foreign Exchange Issues, Capital Markets and International Banking in the 1990s (RLE Banking & Finance) PDF Author: Khosrow Fatemi
Publisher: Routledge
ISBN: 1136267441
Category : Business & Economics
Languages : en
Pages : 298

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Book Description
The need for continued analysis and evaluation of the international financial system is as pressing now as it was when this book was originally published. This volume provides an in-depth analysis of certain aspects of the international financial system. Specifically it addresses four of the most important financial and monetary issues of the present time: exchange rate, capital markets, international banking and external debt and international financial management.

Foreign Exchange Issues, Capital Markets and International Banking in the 1990s (RLE Banking and Finance)

Foreign Exchange Issues, Capital Markets and International Banking in the 1990s (RLE Banking and Finance) PDF Author: Khosrow Fatemi
Publisher: Routledge
ISBN: 0415538807
Category : Business & Economics
Languages : en
Pages : 298

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Book Description
The need for continued analysis and evaluation of the international financial system is as pressing now as it was when this book was originally published. This volume provides an in-depth analysis of certain aspects of the international financial system. Specifically it addresses four of the most important financial and monetary issues of the present time: exchange rate, capital markets, international banking and external debt and international financial management.

Finance

Finance PDF Author: R.A. Jarrow
Publisher: Elsevier
ISBN: 9780444890849
Category : Business & Economics
Languages : en
Pages : 1204

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Book Description
Hardbound. The Handbook of Finance is a primary reference work for financial economics and financial modeling students, faculty and practitioners. The expository treatments are suitable for masters and PhD students, with discussions leading from first principles to current research, with reference to important research works in the area. The Handbook is intended to be a synopsis of the current state of various aspects of the theory of financial economics and its application to important financial problems. The coverage consists of thirty-three chapters written by leading experts in the field. The contributions are in two broad categories: capital markets and corporate finance.