Etkin Piyasa Hipotezinin Geçerliliği: G7 Ülkeleri Örneği
نویسندگان
چکیده
The aim of this study is to examine the validity Fama's efficient market hypothesis for G7 countries. In context, effectiveness test on weak form was conducted with help non-stationary panel unit root tests within countries period 1990-2020. Firstly, cross section dependence examined CDlm test. As a result presence dependency, CADF and Hadri Kurozumi second generation tests, which take into account dependence, were used. line empirical findings obtained, it has been concluded that markets in are weakly efficient. According result, all information financial asset past reflected price not possible determine future any instrument by looking at historical movement. fact prices stable active random walk means cannot be predicted based prices.Key Words: Efficient Market Hypothesis, Panel Data Analysis, Unitroot TestJEL Classification: C23, F30, F37
منابع مشابه
Yazılım Proje Faktörlerinin Risklerle Etkileşimi: Telekomünikasyon Örneği
Risk management that is one of the knowledge areas of software project management process, has a direct impact on the success of the Project. the success of the project can be estimated in the project first phase by creating a predictive risk model with the risks and results in similar projects. For this purpose, the studies on risk estimation and risk evaluation have started to show increase i...
متن کاملMelez Erişim Denetimi için bir Mimari Önerisi: İK Uygulaması Örneği
Özet. Anlamsal web, web içeriklerinin diğer yazılımlar tarafından anlaşılabilir, yorumlanabilir, kullanılabilir olmasını ve bilginin paylaşılmasını amaçlamaktadır. Anlamsal web’de bilginin güvenliği erişim denetimi ile sağlanmaktadır. OBAC(Ontology Based Access Control – Ontoloji Tabanlı Erişim Denetimi) verinin anlamsal tanımının olduğu ontolojilere erişim denetiminin sağlanmasında kullanılan ...
متن کاملGermany, the G7, and global health.
Remember global health? It had a fantastic 10 years from 2002-12—the “golden decade” of rising health aid—but is now slipping down the international agenda. Some development experts argue that other sectors, such as agriculture, should “take centre stage.” This is misguided. Health investment is the largest contributor to sustainable development. And a retreat from health would threaten the imp...
متن کاملInformation Technology and the G7 Economies
In this paper I present new international comparisons of economic growth among the G7 nations—Canada, France, Germany, Italy, Japan, the U.K., and the U.S. (See the tables and charts pp. 154–166.) These comparisons focus on the impact of investment in information technology (IT) equipment and software over the period 1980–2000. In 1998 the G7 nations accounted for nearly sixty percent of world ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Yönetim ve Ekonomi
سال: 2021
ISSN: ['1302-0064', '2458-8253']
DOI: https://doi.org/10.18657/yonveek.863937