Evidence of Market Inefficiency from the Bucharest Stock Exchange
(2014)
Journal Article
Damianova, E. (2014). Evidence of Market Inefficiency from the Bucharest Stock Exchange. American journal of economics, 4(2A), 1-6. https://doi.org/10.5923/s.economics.201401.01
This paper examines weak-form market efficiency in the Bucharest Stock Exchange (BSE) using dollar-converted returns from its main index BET. Employing a GARCH methodology, we find evidence that over ten years after its inauguration the BSE is still... Read More about Evidence of Market Inefficiency from the Bucharest Stock Exchange.