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The Efficiency of Financial Markets

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Finance and Financial Markets

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Abstract

One of the largest areas of research and interest in finance concerns the efficiency of financial markets. There have been studies of the efficiency of bond markets, the foreign exchange market, the stockmarket and more recently of derivative markets such as the options and futures market. In this chapter we restrict ourselves to examining the efficiency of stockmarkets.

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Authors
  1. Keith Pilbeam
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© 2005 Keith Pilbeam

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Pilbeam, K. (2005). The Efficiency of Financial Markets. In: Finance and Financial Markets. Palgrave, London. https://doi.org/10.1007/978-1-349-26273-1_10

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  • DOI: https://doi.org/10.1007/978-1-349-26273-1_10

  • Publisher Name: Palgrave, London

  • Print ISBN: 978-0-333-62945-1

  • Online ISBN: 978-1-349-26273-1

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