Macroeconomic Information and Financial Trading (Advances in Theoretical and ...

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Condition
New
Quantity
1 available
Format
Hardback
Manufacturer/Packer/Importer Details
ERGODE
Author
Robert I. Webb
Date of Packing, Import or Both
Does Not Apply
Edition Description
illustrated edition

Item description

"This book challenges the presumption that these reactions represent rational responses to the arrival of relevant information in an informationally efficient capital market. Rather, it suggests that the often anomolous behaviour of speculative prices following the release of economic reports is more indicative of a reaction to noise (non-informational factors) than information."
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