Monetary Policy and the Price Behavior in Emerging Stock Markets /

This paper examines whether the six largest and most active emerging stock markets are informationally efficient with respect to changes in the money supply. To investigate if stock prices fully reflect the information contained in money supply changes, two different econometric techniques are emplo...

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Bibliografiska uppgifter
Huvudupphovsman: Cornelius, Peter
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 1991.
Serie:IMF Working Papers; Working Paper ; No. 1991/027
Länkar:Full text available on IMF