Testing for forecast rationality in financial markets the case of the Philippines
The study examines a segment of the Philippine financial system within the efficient market framework. The period under study is broken down into three periods and tests for forecast rationality using a nonlinear least squares procedure were conducted. The main result of this study is not at all sur...
| Published in: | The Philippine Review of Business and Economics Vol. XXXIII, No. 2 (December 1996), p. 232-252. |
|---|---|
| Main Author: | |
| Format: | Analytics |
| Language: | English |
| Published: |
1996.
|
| Subjects: |