Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/78330
Authors: 
Gerth, Hendrik
Niermann, Stefan
Year of Publication: 
2001
Series/Report no.: 
Diskussionspapiere der Wirtschaftswissenschaftlichen Fakultät, Universität Hannover 246
Abstract (Translated): 
In this paper the efficient market hypothesis in its weak form and the existence of a Monday effect is examined for German stock returns. Using the first order autocorrelation coeffients, a method is developed to test for the existence of finite moments for daily returns. Therefore, simulations are carried out to investigate the probability of a Type II error.
Subjects: 
Kapitalmarkteffizienz
Montagseffekt
Document Type: 
Working Paper

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