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Financial Market Efficiency in a Developing Economy : The Turkish Case

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  • Ercan Balaban
  • Kursat Kunter

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  • Ercan Balaban & Kursat Kunter, 1996. "Financial Market Efficiency in a Developing Economy : The Turkish Case," Discussion Papers 9611, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
    • Handle: RePEc:tcb:dpaper:9611
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    File URL: https://www.tcmb.gov.tr/wps/wcm/connect/c9fcd21b-8965-4676-8a2d-247ca88cdc1b/9611eng.pdf?MOD=AJPERES&CACHEID=ROOTWORKSPACE-c9fcd21b-8965-4676-8a2d-247ca88cdc1b-m3fw6B9
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    References listed on IDEAS

    as
    1. Edwards,Jeremy & Franks,Julian & Mayer,Colin & Schaefer,Stephen (ed.), 1986. "Recent Developments in Corporate Finance," Cambridge Books, Cambridge University Press, number 9780521329644, September.
    2. Ercan Balaban, 1995. "Informational Efficiency of the Istanbul Securities Exchange and Some Rationale for Public Regulation," Discussion Papers 9502, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
    3. Ercan Balaban & Kursat Kunter, 1996. "Stock Market Efficiency in a Developing Economy : Evidence from Turkey," Discussion Papers 9612, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
    4. Granger, C W J, 1969. "Investigating Causal Relations by Econometric Models and Cross-Spectral Methods," Econometrica, Econometric Society, vol. 37(3), pages 424-438, July.
    5. Ercan Balaban, 1995. "Day of the week effects: new evidence from an emerging stock market," Applied Economics Letters, Taylor & Francis Journals, vol. 2(5), pages 139-143.
    6. Mr. Peter Cornelius, 1991. "Monetary Policy and the Price Behavior in Emerging Stock Markets," IMF Working Papers 1991/027, International Monetary Fund.
    7. Lawrence H. Summers, 1982. "Do We Really Know That Financial Markets Are Efficient?," NBER Working Papers 0994, National Bureau of Economic Research, Inc.
    8. Fama, Eugene F, 1991. "Efficient Capital Markets: II," Journal of Finance, American Finance Association, vol. 46(5), pages 1575-1617, December.
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    Citations

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    Cited by:

    1. Raper, Kellie Curry & Thornsbury, Suzanne & Aguilar, Cristobal, 2009. "Regional Wholesale Price Relationships in the Presence of Counter-Seasonal Imports," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 41(1), pages 271-290, April.
    2. Guttler, Caio & Meurer, Roberto & Da Silva, Sergio, 2006. "Informational inefficiency of the Brazilian stockmarket," MPRA Paper 1980, University Library of Munich, Germany.
    3. Shuhong Kong & Majid Taghavi, 2006. "The Effect of Annual Earnings Announcements on the Chinese Stock Markets," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 12(3), pages 318-326, August.
    4. repec:kap:iaecre:v:12:y:2006:i:3:p:318-326 is not listed on IDEAS
    5. repec:ebl:ecbull:v:7:y:2008:i:1:p:1-16 is not listed on IDEAS
    6. Balaban, Ercan & Ozgen, Tolga, 2016. "Trading session effects on stock returns and their conditional volatility: Firm-level evidence from a European Union accession country," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 446(C), pages 264-271.

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