Análisis del grado de eficiencia débil en algunos mercados financieros europeos. Primer impacto del COVID-19

Autor:	José Ángel Roldán Casas, María de los Baños García-Moreno García
Rok vydání:	2021
Předmět:	Economics and Econometrics History Coronavirus disease 2019 (COVID-19) Welfare economics Geography Planning and Development Political Science and International Relations Financial market Economics Transportation Volatility (finance) Social Sciences (miscellaneous)
Zdroj:	Revista de Economía Mundial.
ISSN:	1576-0162
DOI:	10.33776/rem.v0i59.5157
Popis:	In this paper is evaluated the degree of fulfilment of the hypothesis of weak efficiency in the financial markets of Spain, Germany, France and Italy, from 1st January 2010 to 15th May 2020. The results show that the markets are efficient in the form established by the random walk 3. On the other hand, all the markets show their highest volatility in the middle of March 2020, just after the WHO declared the COVID-19 pandemic.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::47ead73376def06f317b19776296e07e https://doi.org/10.33776/rem.v0i59.5157 Zobrazit plný text záznamu