The random walk of stock prices: Evidence from a panel of G-7 countries

Applied Economics Letters

Volumn 5, Issue 7, 1998, Pages 411-413

  Zhu, Zhen ^a  

^a UNIVERSITY OF OKLAHOMA   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0345920582     PISSN: 13504851     EISSN: None     Source Type: Journal    
DOI: 10.1080/135048598354528     Document Type: Article

References (11)

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7. Lo, A.W. and MacKinlay, A.C. (1988) Stock market prices do not follow random walk: evidence from a simple specification test, Review of Financial Studies, 1, 41-66.
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10. Shiller, R. (1989) Market Volatility, The MIT Press, MA.
11. Shiller, R. and Perron, P. (1985) Testing the random walk hypothesis: power versus frequency of observations, Economics Letters, 18, 381-86.