Empirical Analysis of the Speculative Efficiency Hypothesis

Exchange market is one of the most important financial markets. An accurate prediction for future spot exchange rate is curial for modern businesses, specially the multinational enterprises, to hedge the volatility of currency exchange rate. The exchange rate also influence countries’ import and exp...

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Bibliographic Details
Main Author: LU, XIANGYU
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2012
Online Access:https://eprints.nottingham.ac.uk/25538/