Mean reversion in stock prices: new evidence from unit root tests
Article Abstract:
Mean reversion in stock prices is examined using five different panel unit root tests. The finding showed that there is no mean reversion of stock prices, which is consistent with the efficient stock market hypothesis stating that prices respond quickly and accurately to relevant information.
Publication Name: Studies in Economics and Finance
Subject: Economics
ISSN: 1086-7376
Year: 2007
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Time-series estimation of import demand functions for pulses in India
Article Abstract:
A study using time-series analysis for predicting demand for import of pulses, lentils, etc. in India is presented. For the purpose of the study, data from 1970 to 2000 is used.
Publication Name: Journal of Economic Studies
Subject: Economics
ISSN: 0144-3585
Year: 2005
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An empirical analysis of Fiji's import demand function
Article Abstract:
A study presenting an import demand model for Fiji is presented. The model uses investment and expenditure variables from 1970 to 2000.
Publication Name: Journal of Economic Studies
Subject: Economics
ISSN: 0144-3585
Year: 2005
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