THE EFFICIENT HYPOTHESIS AND DEREGULATION - THE GREEK CASE

Citation
N. Apergis et S. Eleftheriou, THE EFFICIENT HYPOTHESIS AND DEREGULATION - THE GREEK CASE, Applied economics, 29(1), 1997, pp. 111-117
Citations number
37
Categorie Soggetti
Economics
Journal title
ISSN journal
00036846
Volume
29
Issue
1
Year of publication
1997
Pages
111 - 117
Database
ISI
SICI code
0003-6846(1997)29:1<111:TEHAD->2.0.ZU;2-R
Abstract
The impact is examined of the 1988 monetary deregulation in Greece on the efficiency of the foreign exchange market. A 'news' model reveals that the deregulation of the monetary system contributed to the presen ce of an efficient foreign exchange market.