Long memory in the Croatian and Hungarian stock market returns
The objective of this paper is to analyze and compare the fractal structure of the Croatian and Hungarian stock market returns. The presence of long memory components in asset returns provides evidence against the weak-form of stock market efficiency. The starting working hypothesis that there is no...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | deu |
| Published: |
Faculty of Economics University of Rijeka
2012-06-01
|
| Series: | Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu |
| Subjects: | |
| Online Access: | http://www.efri.hr/sites/efri.hr/files/cr-collections/2/07-dajcman-2012-1-1350652093.pdf |