Comparison of the information efficiency of the financial markets in selected European Union countries on the event “Central Bank information about changing or not changing the level of the reference rate”

• Authors: Kubacki, Dominik

Abstracts

EN

The aim of the article is to compare the information efficiency of the financial markets in selected European Union countries. The author investigates how these markets react to the National Bank announcement about the decision to change or not to change the level of the reference rate, according to the assumption of the efficient market hypothesis. In the presented research, the methods of event tests was used.

Keywords

EN

efficiency market; efficient market hypothesis; event tests.

• Publisher: Szkoła Główna Handlowa w Warszawie. Kolegium Zarządzania i Finansów
• Journal: Journal of Management and Financial Sciences
• Year: 2014
• Volume: 16(2)
• Pages: 75-92

Dates

published

2017-09-11

Contributors

author

Kubacki, Dominik