Stock Market Forecastability and Volatility: A Statistical Appraisal
收藏NBER1989-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w3154
下载链接
链接失效反馈官方服务：
资源简介：
This paper presents and implements statistical tests of stock market forecastability and volatility that are immune from the severe statistical problems of earlier tests. Although the null hypothesis of strict market efficiency is rejected, the evidence against the hypothesis is not overwhelming.
提供机构：
美国国家经济研究局
创建时间：
1989-10-01
