The financial market information effectiveness in selected countries of the European Union

The aim of the book is an attempt to assess whether the selected European financial markets have been informationally efficient in the years 2004-2017 in the semi-strong form and to comparatively analyse if selected emerging markets differ from mature markets. The study is an attempt to verify the h...

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1. Verfasser: Kubacki, Dominik
Format: Online
Sprache:Polnisch
Veröffentlicht: Wydawnictwo Uniwersytetu Łódzkiego 2025
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Online-Zugang:ONIX_20250307_9788381425490_187
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author Kubacki, Dominik
author_browse Kubacki, Dominik
author_facet Kubacki, Dominik
author_sort Kubacki, Dominik
collection Directory of Open Access Books
description The aim of the book is an attempt to assess whether the selected European financial markets have been informationally efficient in the years 2004-2017 in the semi-strong form and to comparatively analyse if selected emerging markets differ from mature markets. The study is an attempt to verify the hypothesis of above-average rate of return on various financial assets to announce the decision of the central bank to change or leave the reference rate unchanged and to issue a decision by the national statistical institution with the Gross Domestic Product index on the yield curve and the stock market. In the empirical part of the dissertation is presented and applied analysis of test events. In a study to compare several financial markets, author selected three countries: Poland, Czech Republic and Great Britain whose choice resulted from several common features that were characterized in the book. The study used the following financial instruments: interest interbank FRA contracts, bonds, swaps IRS indices. The obtained results of empirical research on the markets in Poland, the Czech Republic and the United Kingdom have shown that the analyzed financial markets are not fully compliant with the theory of effective markets in the form of an average. However, as detailed analysis of individual segments of financial markets in individual countries had such features.
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publishDate 2025
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publisher Wydawnictwo Uniwersytetu Łódzkiego
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spelling doab-20.500.12854ir-1540082025-03-07T12:33:44Z The financial market information effectiveness in selected countries of the European Union Kubacki, Dominik semi-strong-form efficiency efficient market hypothesis event t The aim of the book is an attempt to assess whether the selected European financial markets have been informationally efficient in the years 2004-2017 in the semi-strong form and to comparatively analyse if selected emerging markets differ from mature markets. The study is an attempt to verify the hypothesis of above-average rate of return on various financial assets to announce the decision of the central bank to change or leave the reference rate unchanged and to issue a decision by the national statistical institution with the Gross Domestic Product index on the yield curve and the stock market. In the empirical part of the dissertation is presented and applied analysis of test events. In a study to compare several financial markets, author selected three countries: Poland, Czech Republic and Great Britain whose choice resulted from several common features that were characterized in the book. The study used the following financial instruments: interest interbank FRA contracts, bonds, swaps IRS indices. The obtained results of empirical research on the markets in Poland, the Czech Republic and the United Kingdom have shown that the analyzed financial markets are not fully compliant with the theory of effective markets in the form of an average. However, as detailed analysis of individual segments of financial markets in individual countries had such features. 2025-03-07T12:33:42Z 2025-03-07T12:33:42Z 2019 book ONIX_20250307_9788381425490_187 9788381425490 9788381425483 https://directory.doabooks.org/handle/20.500.12854/154008 pol Economics image/jpeg Attribution-NonCommercial-NoDerivatives 4.0 International https://www.press.uni.lodz.pl/index.php/wul/catalog/book/656 Wydawnictwo Uniwersytetu Łódzkiego electronic 10.18778/8142-548-3 The aim of the book is an attempt to assess whether the selected European financial markets have been informationally efficient in the years 2004-2017 in the semi-strong form and to comparatively analyse if selected emerging markets differ from mature markets. The study is an attempt to verify the hypothesis of above-average rate of return on various financial assets to announce the decision of the central bank to change or leave the reference rate unchanged and to issue a decision by the national statistical institution with the Gross Domestic Product index on the yield curve and the stock market. In the empirical part of the dissertation is presented and applied analysis of test events. In a study to compare several financial markets, author selected three countries: Poland, Czech Republic and Great Britain whose choice resulted from several common features that were characterized in the book. The study used the following financial instruments: interest interbank FRA contracts, bonds, swaps IRS indices. The obtained results of empirical research on the markets in Poland, the Czech Republic and the United Kingdom have shown that the analyzed financial markets are not fully compliant with the theory of effective markets in the form of an average. However, as detailed analysis of individual segments of financial markets in individual countries had such features. 10.18778/8142-548-3 83bfe9c9-323d-4283-b087-d859fd9af314 9788381425490 9788381425483 electronic open access
spellingShingle semi-strong-form efficiency
efficient market hypothesis
event t
Kubacki, Dominik
The financial market information effectiveness in selected countries of the European Union
title The financial market information effectiveness in selected countries of the European Union
title_full The financial market information effectiveness in selected countries of the European Union
title_fullStr The financial market information effectiveness in selected countries of the European Union
title_full_unstemmed The financial market information effectiveness in selected countries of the European Union
title_short The financial market information effectiveness in selected countries of the European Union
title_sort financial market information effectiveness in selected countries of the european union
topic semi-strong-form efficiency
efficient market hypothesis
event t
topic_facet semi-strong-form efficiency
efficient market hypothesis
event t
url ONIX_20250307_9788381425490_187
work_keys_str_mv AT kubackidominik thefinancialmarketinformationeffectivenessinselectedcountriesoftheeuropeanunion
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