dc.contributor.author | Sekuła, Paweł | |
dc.date.accessioned | 2015-06-30T12:52:36Z | |
dc.date.available | 2015-06-30T12:52:36Z | |
dc.date.issued | 2013 | |
dc.identifier.issn | 0208-6018 | |
dc.identifier.uri | http://hdl.handle.net/11089/10318 | |
dc.description.abstract | This paper aims to determine whether the Polish capital market is efficient at low level.
The test results suggest the presence of autocorrelation of daily returns on WIG index. However,
observations showed weakening of the autocorrelation with the development of the Warsaw Stock
Exchange. | pl_PL |
dc.language.iso | pl | pl_PL |
dc.publisher | Wydawnictwo Uniwersytetu Łódzkiego | pl_PL |
dc.relation.ispartofseries | Acta Universitatis Lodziensis, Folia Oeconomica;287 | |
dc.subject | efficient market hypothesis | pl_PL |
dc.subject | Warsaw Stock Exchange | pl_PL |
dc.subject | hipoteza rynku efektywnego | pl_PL |
dc.subject | GPW w Warszawie | pl_PL |
dc.title | Prosty test słabej hipotezy rynku efektywnego w warunkach GPW w Warszawie | pl_PL |
dc.title.alternative | Simple Test Weak-Form Efficient Market Hypothesis on the Warsaw Stock Exchange | pl_PL |
dc.type | Article | pl_PL |
dc.page.number | [219]-230 | pl_PL |
dc.contributor.authorAffiliation | Uniwersytet Łódzki, Wydział Zarządzania, Katedra Zarządzania Przedsiębiorstwem | pl_PL |
dc.references | Brzeszczyński J., Kelm R. (2002), Ekonometryczne modele rynków finansowych, WIG–Press, Warszawa | pl_PL |
dc.references | Campbell J., Grossman S., Wang J. (1993), Trading Volume and Serial Correlation in Stock Returns, „Quarterly Journal of Economics”, No. 3 | pl_PL |
dc.references | Conrad J., G. Kaul, 1988, Time Variation in Expected Returns, „Journal of Business”, No.4 | pl_PL |
dc.references | Czekaj J., Woś M., Żarnowski J. (2001), Efektywność giełdowego rynku akcji w Polsce, PWN, Warszawa | pl_PL |
dc.references | Fama E.F. (1970), Efficient Capital Markets: A Review of Theory and Empirical Work, „Journal of Finance”, No. 2 | pl_PL |
dc.references | Fama E.F., MacBeth J. (1973), Return and Equilibrium: Empirical Tests, „Journal of Political Economy”, No. 3 | pl_PL |
dc.references | Fama E.F. (1991), Efficient Capital Markets II, „Journal of Finance”, No. 5 | pl_PL |
dc.references | Hagerman R.L., Richmond R.D. (1973), Random Walks, Martingales and the OTC, „Journal of Finance”, No. 4 | pl_PL |
dc.references | Reilly F.K., Brown K.C. (2001), Analiza inwestycji i zarządzanie portfelem, PWE, Warszawa | pl_PL |