Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/109886
Authors: 
Kuklik, Robert G.
Year of Publication: 
2012
Citation: 
[Journal:] European Financial and Accounting Journal [ISSN:] 1805-4846 [Volume:] 7 [Year:] 2012 [Issue:] 1 [Pages:] 62-73
Abstract: 
It is possible to say that no matter how the Efficient Market Hypothesis has been criticized and/or overhauled, a degree of the relevant data proliferation is crucial to the investor’s decision making process. The information asymmetry is then a phenomenon which creates distortions in a performance of the capital market. The “pseudoeffective” market model is attempting to highlight the impact of this phenomenon on some macroeconomic variables conducive to the general economic equilibrium.
Subjects: 
Pseudoeffective market model
IS-LM framework.
Information asymmetry
Effective market equilibrium
Actual return
JEL: 
G14
Persistent Identifier of the first edition: 
Document Type: 
Article

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