Weak Form of Efficiency Hypotheses: Empirical Modeling With Box –Pierce, ADF and ARCH Tests

Weak-Form Efficiency In The German Stock Market

Risk-Based Capital and Solvency Screening: Hypotheses and Empirical Tests

This paper is a substantially revised and extended version of a preliminary paper presented at the 1993 ARIA Meeting in San Francisco. This research was funded in part by the National Association of Insurance Commissioners. The conclusions expressed here are the authors' and do not necessarily reflect the opinion of the National Association of Insurance Commissioners. Introduction The National ...

Empirical Tests of Efficiency Wage Models

Two-digit manufacturing industry-level production functions are used to test efficiency wage propositions. Conclusive tests require functional forms which allow differences in elasticities of substitution between observable human capital, wage premia and other inputs. Results demonstrate that unexplained industry wage premia and higher unemployment rates raise productivity. Wage premia and the ...

weak-form efficiency in the german stock market

Weak Form Efficiency of Selected Asian Stock Exchanges

The concept of efficient market hypothesis is important to better understand the functioning of the capital markets. The efficiency of the emerging markets assumes greater importance as the trend of investments is accelerating in these markets as a result of regulatory reforms and removal of other barriers for the international equity investments. This paper examines the weak form of the effici...