Analysis of Stock Market Efficiency in Emerging Markets: Evidence from BRICS
This study aims at examining the efficiency of stock returns of BRICS markets. Here we consider the daily data from 25th September 1997 to 31st March 2018. This study employs variance ratio tests for linear dependencies and BDSL test for nonlinear dependence. Further, the entire period of study is d...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Editura ASE Bucuresti
2019-06-01
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| Series: | Romanian Economic Journal |
| Subjects: | |
| Online Access: | http://www.rejournal.eu/sites/rejournal.versatech.ro/files/articole/2019-06-25/3560/5sivakiran.pdf |