Reflections on the Efficient Market Hypothesis: 30 Years Later
By B. Malkiel. 2005
320 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/0fc5c76e68f498402185f8873525d8f88f225a7c
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In Economics and Econometrics
In Finance
Citations in the corpus
- A New Variance Ratio Test of Random Walk in Emerging Markets: A Revisit (2007, unknown): “Random walk properties of stock prices have long been a prominent topic in the study of stock returns (see Summers, 1986; Fama and French, 1988; Lo and MacKinlay, 1988; Liu and He, 1991; Malkiel, 2005).”
- Evaluating and understanding text-based stock price prediction models (2014, background): “In support of the Random Walk Theory, Malkiel (2005) argues that professional investment managers have not been able to consistently outperform their index benchmarks.”