References

• 1997The Econometrics of Financial Markets5,007 cited
• 1988Stock Market Prices Do Not Follow Random Walks: Evidence from a Simple Specification Test3,745 cited
• 1993A simple multiple variance ratio test496 cited
• 2000Alternative Variance-Ratio Tests Using Ranks and Signs394 cited
• 2007Are Asian stock markets efficient? Evidence from new multiple variance ratio tests311 cited
• 1994Mean Reversion of Standard & Poor's 500 Index Basis Changes: Arbitrage‐induced or Statistical Illusion?303 cited
• 2006Wild bootstrapping variance ratio tests211 cited
• 1999Testing the random walk hypothesis for real exchange rates208 cited
• 2002Return predictability in African stock markets195 cited
• 2009Automatic variance ratio test under conditional heteroskedasticity181 cited
• 1997Market Efficiency, Thin Trading and Non‐linear Behaviour: Evidence from an Emerging Market175 cited
• 2004Random walks and market efficiency in European equity markets139 cited
• 2006Ranking market efficiency for stock markets: A nonlinear perspective137 cited
• 2003Variance ratio tests of the random walk hypothesis for European emerging stock markets132 cited
• 2011Are US stock index returns predictable? Evidence from automatic autocorrelation-based tests