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Random walks and market efficiency in European equity markets
11 references·14 citing·40 second hop
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this work references cited by second hop

References

  • 1970EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK*15,723 cited
  • 2012The Econometrics of Financial Markets5,875 cited
  • 1991Efficient Capital Markets: II5,346 cited
  • 1988Stock Market Prices Do Not Follow Random Walks: Evidence from a Simple Specification Test3,745 cited
  • 1993A simple multiple variance ratio test496 cited
  • 1995TESTS OF RANDOM WALK AND MARKET EFFICIENCY FOR LATIN AMERICAN EMERGING EQUITY MARKETS288 cited
  • 2002Testing the Random Walk Behavior and Efficiency of the Gulf Stock Markets203 cited
  • 2002Return predictability in African stock markets195 cited
  • 2002African stock markets: multiple variance ratio tests of random walks185 cited
  • 2001STOCK RETURNS AND VOLATILITY ON CHINA'S STOCK MARKETS166 cited
  • 1999Random Walks and Market Efficiency Tests of Latin American Emerging Equity Markets: A Revisit160 cited

Cited by

  • 2016Climate Change and Asset Prices: Are Corporate Carbon Disclosure and Performance Priced Appropriately?164 cited
  • 2017Testing the Weak Form of Efficient Market Hypothesis: Empirical Evidence from Asia-Pacific Markets139 cited
  • 2011The changing and relative efficiency of European emerging stock markets109 cited

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2014
THE EFFICIENT MARKET HYPOTHESIS: A CRITICAL REVIEW OF LITERATURE AND METHODOLOGY
93 cited
  • 2011Weak-form Market Efficiency and Calendar Anomalies for Eastern Europe Equity Markets86 cited
  • 2013Market efficiency of the Post Communist East European stock markets69 cited
  • 2015Non-audit services provided to audit clients, independence of mind and independence in appearance: latest evidence from large UK listed companies57 cited
  • 2015Does stock market liquidity explain real economic activity? New evidence from two large European stock markets43 cited
  • 2014Market efficiency in emerging stock markets: A case study of the Vietnamese stock market42 cited
  • 2009Random walk tests for the Lisbon stock market39 cited
  • 2011Stock exchange mergers and weak form of market efficiency: The case of Euronext Lisbon35 cited
  • 2016Green energy companies: Stock performance and IPO returns30 cited
  • 2019Time-Varying Price–Volume Relationship and Adaptive Market Efficiency: A Survey of the Empirical Literature29 cited
  • 2008Episodic dependencies in Central and Eastern Europe stock markets29 cited