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The efficient hypothesis and deregulation: the Greek case

Nicholas Apergis () and Sofia Eleftheriou ()

Applied Economics, 1997, vol. 29, issue 1, 111-117

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 presence of an efficient foreign exchange market.

Date: 1997
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DOI: 10.1080/000368497327461

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