EconPapers    
Economics at your fingertips  
 

Informational efficiency of the clandestine and official gold markets in Paris

Georges Gallais-Hamonno, Thi Hong Van Hoang () and Kim Oosterlinck

Economics Letters, 2015, vol. 126, issue C, 28-30

Abstract: 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.

Keywords: Efficient market hypothesis; Paris clandestine gold market; World War II (search for similar items in EconPapers)
JEL-codes: G14 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0165176514004327
Full text for ScienceDirect subscribers only

Related works:
Working Paper: Informational efficiency of the clandestine and official gold markets in Paris (2015)
Working Paper: Informational Efficiency of the Clandestine and Official Gold Markets in Paris (2015)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:126:y:2015:i:c:p:28-30

DOI: 10.1016/j.econlet.2014.11.013

Access Statistics for this article

Economics Letters is currently edited by Economics Letters Editorial Office

More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-31
Handle: RePEc:eee:ecolet:v:126:y:2015:i:c:p:28-30