Abstracting and IndexingРИНЦReferativny Zhurnal VINITI RAS Worldcat LCCN Permalink Google Scholar Online availableEastvieweLIBRARY.RU Biblioclub |
Assessment of information efficiency of stock markets of the countries BRICK
Available online: 22 June 2012 Subject Heading: World economy JEL Classification:
In the article it is noted that in connection with development of the markets of the capital and expansion of investment activity, the problem of information efficiency of stock markets became urgency. Information efficiency of stock markets of the countries BRICK is investigated. By calculations with criterion of series and Durbin-Watson's statistics the conclusion is drawn that stock markets of Brazil, India and China possess weak degree of information efficiency, the Russian stock market is inefficient. Keywords: stock market efficiency, BRIC counties, Runs test, Durbin-Watson statistic |
ISSN 2311-8709 (Online)
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