Are exchange rate movements predictable in Asia-Pacific markets? Evidence of random walk and martingale difference processes

International Review of Economics & Finance - Tập 21 - Trang 221-231 - 2012
Osamah M. Al-Khazali1, Chong Soo Pyun2, Daewon Kim2
1Accounting and Finance Department, School of Business and Management, American University of Sharjah, Sharjah, United Arab Emirates
2Department of Finance, University of Memphis, Memphis, TN 38152, United States

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