Results 21 to 30 of about 1,477 (158)
The efficiency of the new reference rate in Türkiye
Borsa Istanbul Review, 2023 The transition from the reference rate based on interbank offered rates, such as the Turkish lira interbank offer rate (TRLIBOR), to the risk-free rate (RfR), the Turkish lira overnight reference rate (TLREF), in Türkiye is a critical juncture, but it is
Remzi Gök, Burak Pirgaip, Elie Bouri
doaj +1 more source
Adaptive Markets and the New World Order [PDF]
, 2012 In the adaptive markets hypothesis (AMH) intelligent but fallible investors learn from and adapt to changing economic environments. This implies that markets are not always efficient but are usually competitive and adaptive, varying in their degree of ...
Andrew W. Lo +13 more
core +1 more source
The changing market efficiency of the Nairobi securities exchange [PDF]
Banks and Bank Systems, 2016 This paper tests for market efficiency changes of the Nairobi Securities Exchange (NSE) after the year 2000 and determines whether technological advancements have led to an increase in the market efficiency.
Josephine M. Njuguna
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Regime-Switching Determinants of Mutual Fund Performance in South Africa
Economies, 2021 This study assesses the effect of fund-level and systemic factors on the performance of mutual funds in the context of changing market conditions. A Markov regime-switching model is used to analyze the performance of 33 South African equity mutual funds ...
Richard Apau +2 more
doaj +1 more source
Will precious metals shine ? A market efficiency perspective [PDF]
, 2014 International audiencePrecious metals (gold, silver, and platinum) have become an important part of investment portfolios forindividuals as well as for institutions.
Charles, Amélie +2 more
core +6 more sources
Calendar Anomalies, Market Regimes, and the Adaptive Market Hypothesis in African Stock Markets
Central European Management Journal, 2019 Purpose: This paper examines the changing behavior of two calendar anomalies in African stock returns – the month-of-the-year and the intra-month effects – and their implications for the adaptive market hypothesis (AMH).
Obalade Adefemi A. +1 more
doaj +1 more source
Risks, 2023 This study assesses the dynamic relationship between macroeconomic factors and bank asset quality based on changes in the condition of stock market returns.
Richard Apau +2 more
doaj +1 more source
Monday Anomaly Manifests Adaptive Behavior. A Firm Level Evidence from Emerging Market [PDF]
, 2021 The paper attempts to enhance the prevailing literature on AMH (Adaptive market hypothesis) and calendar anomalies by first time linking the Monday effect with Adaptive Market Hypothesis that permits the performance of well-known Monday effect to ...
ATEEQ, AYESHA +4 more
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A Test of the Adaptive Market Hypothesis using a Time-Varying AR Model in Japan
, 2016 This study examines the adaptive market hypothesis (AMH) in Japanese stock markets (TOPIX and TSE2). In particular, we measure the degree of market efficiency by using a time-varying model approach.
Akihiko Noda +20 more
core +1 more source
Comparative Economic Research, 2019 In line with the Adaptive Market Hypothesis (AMH), the objective of this study is to investigate how the day‑of‑the‑week (DOW) effect behaves under different bull and bear market conditions in African stock markets, and to examine the likelihood of being
Adefemi A. Obalade +1 more
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