Efektivnost české koruny na devizovém trhu

Abstract

The goal of this thesis is to test semi-strong form efficiency of czech crown on FX market. Theoretical part describes forex market and efficient market hypothesis from theoretical point of view. Practical part is concentrated on testing the efficiency of czech crown againt euro, us dollar, british pound and japanese yen. Weak form efficiency is tested by unit root tests, runs test and variance ratio test. Semi-strong form efficiency is tested by deploying event study.

Description

Import 26/06/2013

Subject(s)

czech crown, forex market, efficient market hypothesis, weak form efficiency, semi-strong form efficiency, unit root tests, runs test, variance ratio test, event study

Citation