IDEAS home Printed from
   My bibliography  Save this article

Random Walk as a Universal Test of Weak-Form Foreign Exchange Market Efficiency : A Proof


  • Edward E. Ghartey

    () (The University of the West Indies)


No abstract is available for this item.

Suggested Citation

  • Edward E. Ghartey, 2004. "Random Walk as a Universal Test of Weak-Form Foreign Exchange Market Efficiency : A Proof," Frontiers in Finance and Economics, SKEMA Business School, vol. 1(1), pages 37-45, June.
  • Handle: RePEc:ffe:journl:v:1:y:2004:i:1:p:37-45

    Download full text from publisher

    File URL:
    Download Restriction: no


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Edward Ghartey, "undated". "Exchange Pressure, Sterilized Intervention and Monetary Policy in Ghana," EcoMod2006 272100031, EcoMod.

    More about this item


    Martingale; rational expectation; random walk; weak-form foreign exchange market efficiency;

    JEL classification:

    • F3 - International Economics - - International Finance
    • C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ffe:journl:v:1:y:2004:i:1:p:37-45. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sophie Bodo). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.