Abstract. Predictable variation in equity returns might reflect either (1) predictable changes in expected returns or (2) market inefficiency and. Fads, Martingales, and Market Efficiency. Bruce N. Lehmann. The Quarterly Journal of Economics, , vol. , issue 1, Abstract. CiteSeerX – Document Details (Isaac Councill, Lee Giles, Pradeep Teregowda): for helpful coments. They share no responsibiTfty for any remaining errors.
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Does the Stock Market Overreact?
Fads, Martingales, and Market Efficiency. The Journal of Finance44 5pp. The Journal of Finance42 3pp. Centre for International Economic Studies. Are China’s stock markets really weak-form efficient?
Comparing Ukrainian data with the figures from US stock market it is concluded that the Ukrainian stock market is less efficient which gives rise to opportunities for extra profits obtained from trading based on contrarian strategies.
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Rouwenhorst, Your Bibliography: Size, Seasonality, and Stock Market Overreaction. Oxford University Press is a department of the University of Oxford.
Reserve Bank of Australia. Pacific-Basin Finance Journal16pp.
Bruce N. Lehmann
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EconPapers: Fads, Martingales, and Market Efficiency
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