عناصر مشابهة
The Efficiency of the Maghreb Financial Markets: Tests of the Weak Form
| المصدر: | مجلة اقتصاديات المال والأعمال |
|---|---|
| الناشر: |
المركز الجامعي عبدالحفيظ بوالصوف ميلة - معهد العلوم الاقتصادية والتجارية وعلوم التسيير
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| المؤلف الرئيسي: | |
| مؤلفين آخرين: | |
| المجلد/العدد: | مج5, ع1 |
| محكمة: | نعم |
| الدولة: | الجزائر |
| التاريخ الميلادي: | 2021 |
| الصفحات: | 313 - 329 |
| DOI: | 10.37170/1986-005-001-018 |
| ISSN: | 2543-3784 |
| رقم MD: | 1174612 |
| نوع المحتوى: | بحوث ومقالات |
| اللغة: | English |
| قواعد المعلومات: | EcoLink |
| مواضيع: | |
| رابط المحتوى: |
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| LEADER | 02106nam a22002417a 4500 | ||
|---|---|---|---|
| 001 | 1918624 | ||
| 024 | |3 10.37170/1986-005-001-018 | ||
| 041 | |a eng | ||
| 044 | |b الجزائر | ||
| 100 | |a Sekkal, Ilhem Farida |e Author |9 629407 | ||
| 245 | |a The Efficiency of the Maghreb Financial Markets: |b Tests of the Weak Form | ||
| 260 | |b المركز الجامعي عبدالحفيظ بوالصوف ميلة - معهد العلوم الاقتصادية والتجارية وعلوم التسيير |c 2021 |g ماي | ||
| 300 | |a 313 - 329 | ||
| 336 | |a بحوث ومقالات |b Article | ||
| 520 | |b The concept of efficient financial markets implies that the prices of financial assets correctly and fully reflect all available information. There are three forms of efficiency (weak, semi strong and strong). In this work, we present an empirical analysis of the weak form over a period of 10 years from 01/01/2010 to 12/31/2019 of the Maghreb financial markets (Moroccan, Tunisian and Algerian) through the monthly returns of their respective index (Masi, Tunindex and Dzairindex). For this, we used random walk tests (correlation tests, runs, stationarity and variance ratio). The advanced results are rather mixed because the stationarity tests (Dickey Fuller, Dickey Fuller Augmented and Phillips Perron) rejected this form for the three indices; correlation tests (Box-Pierce, Box - Ljung) have validated it for Masi and Tunindex; the runs test and the variance ratio test validated it for the three Maghrebian indices. | ||
| 653 | |a الأسواق المالية |a الكفاءة المالية |a المؤشرات الاقتصادية |a المغرب العربي | ||
| 692 | |b Financial Market |b Maghreb |b Weak Form |b Efficiency | ||
| 773 | |4 الاقتصاد |6 Economics |c 018 |e Finance and Business Economies Review |f Mağallaẗ iqtiṣādiyat al-māl wa al-aՙmāl |l 001 |m مج5, ع1 |o 1986 |s مجلة اقتصاديات المال والأعمال |v 005 |x 2543-3784 | ||
| 700 | |a Benbouziane, Mohammed |e Co-Author |9 629411 | ||
| 856 | |u 1986-005-001-018.pdf | ||
| 930 | |d y |p y |q n | ||
| 995 | |a EcoLink | ||
| 999 | |c 1174612 |d 1174612 | ||
