메뉴 건너뛰기




Volumn 54, Issue , 2013, Pages 369-375

On the efficiency of the European carbon market: New evidence from Phase II

Author keywords

Emission allowances; EU Emissions Trading Scheme; Market efficiency

Indexed keywords

CARBON MARKETS; EMISSION ALLOWANCES; EU EMISSIONS TRADING SCHEME; MARKET EFFICIENCY; PHASE II; TECHNICAL ANALYSIS; TRADING STRATEGIES;

EID: 84873149143     PISSN: 03014215     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.enpol.2012.11.055     Document Type: Article
Times cited : (71)

References (14)
  • 1
    • 0032216961 scopus 로고    scopus 로고
    • Market efficiency and the returns to technical analysis
    • Bessembinder H., Chan K. Market efficiency and the returns to technical analysis. Financial Management 1998, 27:5-17.
    • (1998) Financial Management , vol.27 , pp. 5-17
    • Bessembinder, H.1    Chan, K.2
  • 2
    • 84977707376 scopus 로고
    • Simple technical trading rules and the stochastic properties of stock returns
    • Brock W., Lakonishok J., LeBaron B. Simple technical trading rules and the stochastic properties of stock returns. Journal of Finance 1992, 47:1731-1764.
    • (1992) Journal of Finance , vol.47 , pp. 1731-1764
    • Brock, W.1    Lakonishok, J.2    LeBaron, B.3
  • 3
    • 77953514773 scopus 로고    scopus 로고
    • 2 allowances spot and futures prices
    • 2 allowances spot and futures prices. Economics Bulletin 2010, 30:1564-1584.
    • (2010) Economics Bulletin , vol.30 , pp. 1564-1584
    • Chevallier, J.1
  • 5
    • 84873130113 scopus 로고    scopus 로고
    • 2 trading market in Europe: a financial perspective
    • Springer-Verlag, Berlin, Heidelberg, A. Dorsman (Ed.)
    • 2 trading market in Europe: a financial perspective. Financial Aspects in Energy 2011, Springer-Verlag, Berlin, Heidelberg, pp. 51-67. A. Dorsman (Ed.).
    • (2011) Financial Aspects in Energy , pp. 51-67
    • Daskalakis, G.1    Ibikunle, G.2    Diaz-Rainey, I.3
  • 7
    • 0000480869 scopus 로고
    • Efficient capital markets: a review of theory and empirical work
    • Fama E.F. Efficient capital markets: a review of theory and empirical work. Journal of Finance 1970, 25:383-417.
    • (1970) Journal of Finance , vol.25 , pp. 383-417
    • Fama, E.F.1
  • 8
    • 0001390414 scopus 로고    scopus 로고
    • A note on the weak form efficiency of capital markets: the application of simple technical trading rules to UK stock prices-1935 to 1994
    • Hudson R., Dempsey M., Keasey K. A note on the weak form efficiency of capital markets: the application of simple technical trading rules to UK stock prices-1935 to 1994. Journal of Banking & Finance 1996, 20:1121-1132.
    • (1996) Journal of Banking & Finance , vol.20 , pp. 1121-1132
    • Hudson, R.1    Dempsey, M.2    Keasey, K.3
  • 10
    • 78149414201 scopus 로고    scopus 로고
    • Carbon trading thickness and market efficiency
    • Montagnoli A., de Vries F.P. Carbon trading thickness and market efficiency. Energy Economics 2010, 32:1331-1336.
    • (2010) Energy Economics , vol.32 , pp. 1331-1336
    • Montagnoli, A.1    de Vries, F.P.2
  • 11
    • 49649139346 scopus 로고
    • Markets in licenses and efficient pollution control programs
    • Montgomery W. Markets in licenses and efficient pollution control programs. Journal of Economic Theory 1972, 5:395-418.
    • (1972) Journal of Economic Theory , vol.5 , pp. 395-418
    • Montgomery, W.1
  • 12
    • 0033474526 scopus 로고    scopus 로고
    • Tests of technical trading strategies in the emerging equity markets of Latin America and Asia
    • Ratner M., Leal R.P.C. Tests of technical trading strategies in the emerging equity markets of Latin America and Asia. Journal of Banking & Finance 1999, 23:1887-1905.
    • (1999) Journal of Banking & Finance , vol.23 , pp. 1887-1905
    • Ratner, M.1    Leal, R.P.C.2
  • 13
    • 0030294609 scopus 로고    scopus 로고
    • A model of intertemporal emissions trading, banking, and borrowing
    • Rubin J.D. A model of intertemporal emissions trading, banking, and borrowing. Journal of Environmental Economics & Management 1996, 31:269-286.
    • (1996) Journal of Environmental Economics & Management , vol.31 , pp. 269-286
    • Rubin, J.D.1
  • 14
    • 33751068521 scopus 로고    scopus 로고
    • Are there exploitable inefficiencies in the futures market for oil?
    • Shambora W.E., Rossiter R. Are there exploitable inefficiencies in the futures market for oil?. Energy Economics 2007, 29:18-27.
    • (2007) Energy Economics , vol.29 , pp. 18-27
    • Shambora, W.E.1    Rossiter, R.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.