Economics, Econometrics and Finance
8 years ago

Floating exchange rates defy randomness, challenging market efficiency theories.

Artha Vijnana Journal of The Gokhale Institute of Politics and Economics
On the Random Walk Characteristics of Exchange Rates: Some Further Evidence
Bandi Kamaiah, Parameswar Nandakumar, Hemanta K. Pradhan

Paper Summary

Related papers

Decision Sciences
2 years ago

Stock market efficiency debunked: Prepare for unpredictable financial rollercoaster!

Stock Market Predictions
Econophysics
2 views
Economics, Econometrics and Finance
4 years ago

Romanian Capital Market Proven Efficient, Returns Not Predictable.

Asset Pricing
Econophysics
Oil Price Shocks
1 view
Economics, Econometrics and Finance
8 years ago

Chinese Stock Market Shows Non-Random Behavior, Impacts Investors' Strategies.

Econophysics
1 view

The study looked at how exchange rates behave over time. Previous research suggested that exchange rates don't follow a random pattern.