Essays about: "market effeciency"
Found 1 essay containing the words market effeciency.
1. Stock Market Reactions to Macroeconomic Announcements: The Dynamics of the Price Adjustment ProcessUniversity essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi
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