Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/147714
Authors: 
Khaled, Mohammed S.
Keef, Stephen P.
Year of Publication: 
2014
Citation: 
[Journal:] Cogent Economics & Finance [ISSN:] 2332-2039 [Volume:] 2 [Year:] 2014 [Issue:] 1 [Pages:] 1-11
Abstract: 
The Granger causality procedure is used to assess the dynamics of market efficiency of 17 international stock indices. These indices are based on relatively smaller firms. The reference of market efficiency is a stock index, from the same economy, which is based on relatively larger firms. There is evidence that market efficiency increases over time at a decreasing rate.
Subjects: 
market efficiency
international
stock indices
panel model
Granger causality
JEL: 
G14
G15
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by/3.0/
Document Type: 
Article

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