[BOOK][B] What moves stock prices?

DM Cutler, JM Poterba, LH Summers - 1988 - degruyter.com
^ KL. ina: inancial economics has been enormously successful in explaining the relative
prices of different securities, a process facilitated by the powerful intuition of arbitrage. On …

Structural incoherence and stock market activity

EW Zuckerman - American Sociological Review, 2004 - journals.sagepub.com
This paper argues that the efficiency of the price-setting process in the stock market is
contingent on the coherence of a stock's position in the industry-based classificatory …

On market efficiency of Asian foreign exchange rates: Evidence from a joint variance ratio test and technical trading rules

CI Lee, MS Pan, YA Liu - … of International Financial Markets, Institutions and …, 2001 - Elsevier
This study employs a joint variance ratio test and technical trading rules to examine the
random walk behavior for nine Asian foreign exchange rates for the period 1988–1995. The …

Trading rule profits in European currency spot cross-rates

CI Lee, I Mathur - Journal of Banking & Finance, 1996 - Elsevier
The moving average (MA) trading rule is applied to six European spot cross-rates—JY/BP,
DM/BP, JY/DM, SF/DM, SF/BP, and JY/SF—to see if opportunities for profitable trading exist …

[BOOK][B] International direct real estate investments as alternative portfolio assets for institutional investors: an evaluation

EM Worzala - 1992 - search.proquest.com
This dissertation evaluates international real estate as an alternative asset for the
institutional investor. Real estate returns in the US and UK were examined in both a mixed …

Trading rule profits in Latin American currency spot rates

CI Lee, KC Gleason, I Mathur - International Review of Financial Analysis, 2001 - Elsevier
The efficiency of foreign exchange markets has received extensive attention in the literature
in recent years, especially with regard to technical trading. We extend the existing evidence …

Currency risk and international property investments

E Worzala - Journal of Property valuation and Investment, 1995 - emerald.com
Incorporating exchange rate fluctuations into the analysis of aninternational investment
substantially alters the expected risk andreturn characteristics of the investments. With …

Further insights on the puzzle of technical analysis profitability

B Maillet, T Michel - The European Journal of Finance, 2000 - Taylor & Francis
This paper extends current results concerning technical analysis efficiency on the foreign
exchange market and attempts to determine whether filtering the raw exchange rate series …

A comprehensive look at the efficacy of technical trading rules applied to cross-rates

CI Lee, I Mathur - The European Journal of Finance, 1996 - Taylor & Francis
Moving average (MA) and channel rules (CH) are applied to ten spot cross-rates–AUD/JPY,
GBP/JPY, CAD/JPY, DEM/GBP, DEM/ITL, DEM/JPY, DEM/CHF, CHF/GBP, and CHF/JPY–to …

Structural models of exchange rate determination

M Najand, C Bond - Journal of multinational financial management, 2000 - Elsevier
This study compares the forecasting accuracy of state space techniques based on the
monetary models of exchange rate with univariate and random walk models for four …