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Social and Behavioral Sciences Commons

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Physical Sciences and Mathematics

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Selected Works

1995

Efficient capital markets

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Full-Text Articles in Social and Behavioral Sciences

Volatility, Douglas G. Steigerwald, Stephen Leroy Dec 1994

Volatility, Douglas G. Steigerwald, Stephen Leroy

Douglas G. Steigerwald

How should one determine if capital markets are efficient? We examine the statistical foundations of tests of efficiency.