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Market Efficiency for the Pakistan Stock Market

Author

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  • Madhumita Chakraborty

    (Madhumita Chakraborty is Ph.D. Scholar, FMS, University of Delhi, New Delhi. E-mail: mmita74@hotmail.com. Postal address: C/o Professor M. Karmakar, Indian Institute of Management, Lucknow, Prabandh Nagar, Off Sitapur Road, Lucknow, Uttar Pradesh, India 226 013.)

Abstract

No abstract is available for this item.

Suggested Citation

  • Madhumita Chakraborty, 2006. "Market Efficiency for the Pakistan Stock Market," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 7(1), pages 67-81, March.
    • Handle: RePEc:sae:soueco:v:7:y:2006:i:1:p:67-81
    DOI: 10.1177/139156140500700104
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    References listed on IDEAS

    as
    1. Andrew W. Lo, A. Craig MacKinlay, 1988. "Stock Market Prices do not Follow Random Walks: Evidence from a Simple Specification Test," The Review of Financial Studies, Society for Financial Studies, vol. 1(1), pages 41-66.
    2. Fazal Husain, 1997. "The Random Walk Model in the Pakistani Equity Market: An Examination," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 36(3), pages 221-240.
    3. Lo, Andrew W. & MacKinlay, A. Craig, 1989. "The size and power of the variance ratio test in finite samples : A Monte Carlo investigation," Journal of Econometrics, Elsevier, vol. 40(2), pages 203-238, February.
    4. De Bondt, Werner F M & Thaler, Richard H, 1990. "Do Security Analysts Overreact?," American Economic Review, American Economic Association, vol. 80(2), pages 52-57, May.
    5. Cecchetti, Stephen G & Lam, Pok-sang & Mark, Nelson C, 1990. "Mean Reversion in Equilibrium Asset Prices," American Economic Review, American Economic Association, vol. 80(3), pages 398-418, June.
    Full references (including those not matched with items on IDEAS)

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