Weak-Form Efficiency of Foreign Exchange Market in the Organisation for Economic Cooperation and Development Countries: Unit Root Test

• 主要な著者: Ab Ghani, Hartini, Mohd Salleh, Safrul Izani, Long, Yasmiza, Ibrahim, Juliana
• フォーマット: 論文
• 言語: English
• 出版事項: 2011
• 主題: HB Economic Theory; HJ Public Finance
• オンライン･アクセス: http://eprints.unisza.edu.my/3110/1/FH02-FESP-18-13175.pdf; http://eprints.unisza.edu.my/3110/

This paper will look at the weak-form efficiency of the foreign exchange market in thirty (30) Organization for Economic Cooperation and Development (OECD) countries. We employ Augmented Dickey-Fuller (ADF), Philip-Perron (PP) and Kwiatkowski-Phillips-Schmidt-Shin analysis to examine for the uni...