Informational Efficiency of the Clandestine and Official Gold Markets in Paris

For gold, moving from clandestine to official trading does not significantly change informational efficiency. Both markets are inefficient suggesting that efficiency is linked more to the type of asset than to the legal status of the market.

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Year of publication:	2015
Authors:	OOSTERLINCK, Kim ; Gallais-Hamonno, Georges ; Hoang, Thi-hong-van
Institutions:	Solvay Brussels School of Economics and Management, Université Libre de Bruxelles
Subject:	Efficient market hypothesis \| Paris clandestine gold market \| World War II

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Extent:	application/pdf
Series:	ULB Institutional Repository.
Type of publication:	Book / Working Paper
Notes:	SCOPUS: ar.j Published in: Economics letters (2015) v.126
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011265641