• Title of article

    Is the US stock market becoming weakly efficient over time? Evidence from 80-year-long data

  • Author/Authors

    Alvarez-Ramirez، نويسنده , , Jose and Rodriguez، نويسنده , , Eduardo and Espinosa-Paredes، نويسنده , , Gilberto، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2012
  • Pages
    5
  • From page
    5643
  • To page
    5647
  • Abstract
    We propose a degree of market efficiency in terms of entropy concepts. The relative efficiency for the US stock market varies over time from 1929 to 2012, with a slight decline in the past 10 years.
  • Keywords
    entropy , Market efficiency , Adaptive market hypothesis
  • Journal title
    Physica A Statistical Mechanics and its Applications
  • Serial Year
    2012
  • Journal title
    Physica A Statistical Mechanics and its Applications
  • Record number

    1736070

    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=10&DC=1736070