Browsing The Economic and Social Review, Vol. 22, No. 1, October, 1990 by Author "Nugent, Jim"
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Further evidence of forward exchange market efficiency: an application of cointegration using German and UK data
Nugent, Jim (Economic & Social Studies, Dublin, 1990)The purpose of this paper is to explore the hypothesis that the Irish forward exchange market is efficient. The simple market efficiency hypothesis assumes investors are risk neutral and that agents are rational, i.e., ...