Why is it so difficult to outperform the random walk? An application of the Meese–Rogoff puzzle to stock prices

Publisher: Routledge Ltd

E-ISSN: 1466-4283|47|4|398-407

ISSN: 1466-4283

Source: Applied Economics, Vol.47, Iss.4, 2015-01, pp. : 398-407

Disclaimer: Any content in publications that violate the sovereignty, the constitution or regulations of the PRC is not accepted or approved by CNPIEC.

Previous Menu Next

Abstract