Articles liés à A Non-Random Walk Down Wall Street

A Non-Random Walk Down Wall Street - Couverture rigide

Lo, Andrew W.; MacKinlay, A. Craig

 
9780691057743: A Non-Random Walk Down Wall Street
Couverture rigide
ISBN 10 : 0691057745 ISBN 13 : 9780691057743
Editeur : Princeton University Press, 1999

Synopsis

For over half a century, financial experts have regarded the movements of markets as a random walk - unpredictable meanderings akin to a drunkard's unsteady gait - and this hypothesis has become a cornerstone of modern financial economics and many investment strategies. In this text, the authors argue that markets are not completely random after all and that predictable components do exist. They provide an account of the techniques for detecting predictabilities and evaluating their statistical and economic significance, and offer a glimpse into the financial technologies of the future.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l'auteur

Andrew W. Lo is the Harris & Harris Group Professor of Finance at the Sloan School of Management, Massachusetts Institute of Technology. A. Craig MacKinlay is Joseph P.Wargrove Professor of Finance at the Wharton School, University of Pennsylvania. With John Y. Campbell, they are the authors of The Econometrics of Financial Markets (Princeton), which received the Paul A. Samuelson Award in 1997.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Princeton University Press
Date d'édition
1999
Langue
anglais
ISBN 10 
0691057745
ISBN 13 
9780691057743
Reliure
Relié
Nombre de pages
448
Coordonnées du fabricant
non disponible
Personne responsable
non disponible