0000000001036783

AUTHOR

Kwaku K. Opong

showing 2 related works from this author

Some evidence of random walk behavior of Euro exchange rates using ranks and signs

2005

Abstract This study utilises recently developed tests based on ranks and signs, in addition to the traditional variance ratio test, to examine the behavior of Euro exchange rates. We show that adjustments for multiple tests must be employed in order to avoid size distortions. Overall, such adjustments provide evidence consistent with random walk behavior of Euro exchange rates.

Economics and EconometricsOrder (business)EconometricsEconomicsRandom walkFinanceVariance ratioTest (assessment)Journal of Banking & Finance
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Testing for random walk in euro exchange rates using the subsampling approach

2010

This study utilizes variance ratio tests based on the subsampling approach to test the behaviour of euro-based exchange rates markets. Results are mixed, although the random walk behaviour is dominant among the three major currencies namely the Japanese yen, the US dollar and the British pound.

Economics and EconometricsUs dollarEconomicsEconometricsPound (mass)Random walkhealth care economics and organizationsVariance ratioTest (assessment)Applied Economics Letters
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