Efficiency of the Philippine stock exchange using serial correlation and variance ratio tests

• المؤلف الرئيسي: Dumlao, Luis F
• التنسيق: text
• منشور في: Archīum Ateneo 2001
• الموضوعات: Finance; Economics; Economic theory; Economic Theory
• الوصول للمادة أونلاين: https://archium.ateneo.edu/economics-faculty-pubs/88; https://research.library.fordham.edu/dissertations/AAI9999823/
• المؤسسة: Ateneo De Manila University

Literature regarding the efficiency of the Philippine stock markets is limited because most writers take it as a fact that the market is inefficient. This paper quantitatively tests the degree of efficiency of the market using serial correlation and variance ratio tests. In so doing, this paper poin...