Essays about: "market effeciency"

Found 1 essay containing the words market effeciency.

  1. 1. Stock Market Reactions to Macroeconomic Announcements: The Dynamics of the Price Adjustment Process

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Martin Nilsson Erleman; Mathias Wallestam; [2008]
    Keywords : price adjustment; market effeciency; algorithmic trading; DAX Index Future; volatility patterns;

    Abstract : The link between information and changes in asset prices is central to financial economics. A fundamental tenet of market efficiency is that investors react to new information as it arrives, resulting in price changes that reflect investors’ expectations of risk and return. READ MORE