An Empirical Test of German Stock Market Efficiency A Master Thesis submitted by Lindsay Gillette (188816) to Prof. Dr. Wolfgang Härdle in partial fulfillment of the requirements for the degree of Master of Science C.A.S.E. – Center for Applied Statistics and Economics Institute for Statistics and Econometrics Humboldt-Universität zu Berlin Berlin‚ Germany September 13‚ 2005 II Declaration of Authorship I hereby confirm that I have authored this master thesis independently and without
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American Finance Association Efficient Capital Markets: A Review of Theory and Empirical Work Author(s): Eugene F. Fama Source: The Journal of Finance‚ Vol. 25‚ No. 2‚ Papers and Proceedings of the Twenty-Eighth Annual Meeting of the American Finance Association New York‚ N.Y. December‚ 28-30‚ 1969 (May‚ 1970)‚ pp. 383-417 Published by: Wiley for the American Finance Association Stable URL: http://www.jstor.org/stable/2325486 . Accessed: 02/08/2014 05:59 Your use of the JSTOR archive indicates your
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Unit 2 Reflection Stock Market Challenge I selected the stock market challenge assignment because it was an assignment that I received a good mark on. It wasn’t too difficult for me to complete because I was familiar with a lot of the concepts of Excel such as making charts. However‚ some parts of this assignment were difficult. One of the toughest things was choosing which stocks were the best to invest in and it required me to think very carefully before choosing. Since I had some previous knowledge
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Zachary Shelsby List and describe the causes of the stock market crash of 1929. Was the crash inevitable? Explain using examples from the presidencies of Harding‚ Coolidge‚ and Hoover. It was the time of the Roaring Twenties; where in the wake of the War jazz music was becoming prominent‚ Art Deco became popular‚ and cultural dynamism was emphasized. The twenties also led the United States into unprecedented industrial growth‚ inventions and discoveries of major importance‚ as well as significant
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The Stock Market Crash of 1929 was devastating to the American economy‚ which up to that point had been thriving with ever increasing economic returns for investors and a bull market‚ which encouraged buying. The cause of the crash has been attributed to many things‚ but there is one underlying factor to all of the possible hypotheses‚ and that is the fact that more people in the population had more disposable income in the years leading up to the crash. Those people in the population who had moved
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gov/timeseries/LNU04000000?years_option=all_years&periods_option=specific_periods&periods=Annual+Data http://financeandinvestments.blogspot.com/2011/05/historical-annual-returns-for-s-500.html Jain‚ Rajiv‚ and Daniel Kranson. "The Myth of GDP and Stock Market Returns."2009. Web. 4 Mar. 2012. <http://www.virtus.com/vsitemanager/Upload/Docs/6141_GDPwhitepaper.pdf>. Rao‚ Rama. "Forecasting Future Returns." Financial Physics. N.p.‚ n.d. Web. 5 Mar 2012. <http://www.financialphysics.net/future
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during the stock market crash. People lost their jobs‚ businesses were forced to close‚ houses went up for sale‚ and all hope was lost. Furthermore‚ the crash of the stock market affected many different aspects of the world including citizens‚ the United States economy‚ and places outside the United States tremendously. At the time when the stock market crashed President Hoover was in office and therefore blamed for the start and most of the effects of the stock market crash. In 1929 the stock market
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Volatile Stock Behavior at the event of Dividend Announcement: Evidence from Indian Capital Market (National Stock Exchange of India) ABSTRACT This paper analyses the impact of dividend announcement on company stock returns for 25 companies listed in five different indices on National Stock Exchange (NSE) i.e. Indian Capital Market. The study has been conducted with the help of event study methodology for a window of 31 days in total. The study gives a comparative analysis of the stock returns
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if someone asked me about stock and how I think about the stock market‚ I would try to change the topic because I knew nothing about it at that time. However‚ right now‚ everything has changed for me and one of the reasons for that is The Stock Market Game. To be more specific‚ the game showed me how to keep an eye on the stocks‚ how good researches help you and how real life event‚ like the crash of crude oil or the -18% drop of the China market‚ could affect your stocks. With that being said‚ the
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topic of the stock market crash‚ is one that brings many theories and ideas to the true cause of the American economy downfall in the late 1920s. Foremost‚ the American economy suffered drastically following the conclusion of WWI‚ many lived under the assumption that the new era of the 1920s was full of economic opportunities‚ which caused over production of goods creating lasting effects on the economy. In addition‚ Americans had a false sense of security in local banking systems‚ stock prices soared
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