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Strong Form Efficiency Of The Foreign Exchange Market And Bank Positions

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  • Arvind Mahajan
  • Dileep Mehta

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  • Arvind Mahajan & Dileep Mehta, 1984. "Strong Form Efficiency Of The Foreign Exchange Market And Bank Positions," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 7(3), pages 197-207, September.
    • Handle: RePEc:bla:jfnres:v:7:y:1984:i:3:p:197-207
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    File URL: http://hdl.handle.net/10.1111/j.1475-6803.1984.tb00370.x
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    References listed on IDEAS

    as
    1. Papadia, Francesco, 1981. "Forward exchange rates as predictors of future spot rates and the efficiency of the foreign exchange market," Journal of Banking & Finance, Elsevier, vol. 5(2), pages 217-240, June.
    2. Fama, Eugene F, 1970. "Efficient Capital Markets: A Review of Theory and Empirical Work," Journal of Finance, American Finance Association, vol. 25(2), pages 383-417, May.
    3. Solnik, Bruno, 1983. "International Arbitrage Pricing Theory," Journal of Finance, American Finance Association, vol. 38(2), pages 449-457, May.
    4. Solnik, Bruno H., 1974. "An equilibrium model of the international capital market," Journal of Economic Theory, Elsevier, vol. 8(4), pages 500-524, August.
    5. Eaker, Mark R, 1977. "A Note on the Tests of Stein's Theory of the Foreign Exchange Markets: Comment," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 9(1), pages 103-104, February.
    6. Levi, Maurice D, 1979. "Underutilization of Forward Markets or Rational Behavior?," Journal of Finance, American Finance Association, vol. 34(4), pages 1013-1017, September.
    7. Kathleen H. Brown, 1979. "Impact of changes in the discount rate on the dollar's foreign exchange value," International Finance Discussion Papers 144, Board of Governors of the Federal Reserve System (U.S.).
    8. Glahe, Fred R, 1975. "The Behavior of Professional Risk-Bearers: A Better Test of a Theory: Reply," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 7(4), pages 533-534, November.
    9. Artus, Jacques R., 1978. "Methods of assessing the long-run equilibrium value of an exchange rate," Journal of International Economics, Elsevier, vol. 8(2), pages 277-299, May.
    10. Douglas R. Mudd, 1979. "Did discount rate changes affect the foreign exchange value of the dollar during 1978?," Review, Federal Reserve Bank of St. Louis, vol. 61(Apr), pages 20-26.
    11. Van Belle, John J, 1977. "The Relevance of an Aggregated Benchmark for Testing Stein's Theory: Comment," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 9(1), pages 105-106, February.
    12. Solnik, Bruno H., 1974. "An International Market Model of Security Price Behavior," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 9(4), pages 537-554, September.
    13. Kohlhagen, Steven W., 1979. "The identification of destabilizing foreign exchange speculation," Journal of International Economics, Elsevier, vol. 9(3), pages 321-340, August.
    14. Van Belle, John J, 1975. "The Behavior of Professional Risk-Bearers: Test of a Theory," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 7(2), pages 253-257, May.
    15. Adler, Michael & Dumas, Bernard, 1983. "International Portfolio Choice and Corporation Finance: A Synthesis," Journal of Finance, American Finance Association, vol. 38(3), pages 925-984, June.
    16. Callier, Philippe, 1980. "Speculation and the Forward Foreign Exchange Rate: A Note," Journal of Finance, American Finance Association, vol. 35(1), pages 173-176, March.
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    Cited by:

    1. Shang-Jin Wei & Jungshik Kim, 1997. "The Big Players in the Foreign Exchange Market: Do They Trade on Information or Noise?," NBER Working Papers 6256, National Bureau of Economic Research, Inc.

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