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THE EFFICIENCY OF THE INTERNATIONAL MONEY MARKETS: A REPLY (1984)

Mcinish, Thomas H. ; Puglisi, Donald J.

Oxford, UK : Blackwell Publishing Ltd

Journal of business finance & accounting 11 (1984), S. 0

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ISSN: 1468-5957

Source: Blackwell Publishing Journal Backfiles 1879-2005

Topics: Economics

Notes: In their original article, McInish and Puglisi (1982) examine the weak form efficiency of nineteen international money market instruments using a runs test. Taylor asserts that on theoretical grounds other tests would have been better. McInish and Puglisi argue that their tests were satisfactory and that until empirical evidence is offered the economic significance of Taylor's claims is uncertain (at best).

Type of Medium: Electronic Resource

URL: http://dx.doi.org/10.1111/j.1468-5957.1984.tb00774.x

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