A spokesman of the FPCCI pointed out that several developing countries had introduced amnesty scheme during last three years to create
informational efficiency in financial markets and growth of economy.
Lin William Cong and Douglas Xun Xu, University of Chicago, "Rise of Factor Investing: Asset Prices,
Informational Efficiency, and Security Design"
Thus, a general statement concerning the
informational efficiency of prices was transformed into a testing procedure for market pricing within the framework of three sets of conditions.
We also show that the improvement in liquidity is mainly driven by a reduction in adverse selection; that
informational efficiency is not significantly affected; and there is an increase in retail trading.
The
informational efficiency of the Romanian capital market was differently tested in the past years.
This result contradicts the belief of the SEC and others that naked shorting is not information-based and does not contribute to stock market
informational efficiency.
In this study, the entropy measurement, an econophysic approach, was applied to quantify the
informational efficiency of timber real estate investment trusts (REITs), wood, furniture, and paper markets in the United States during the period from 1999 to 2012.
He contributes to the sizable literature on
informational efficiency in sport betting markets by analyzing a large data set betting on football matches in Europe.
Competition between NSE and BSE and the free entry and exit for the economic agents who trade on these exchanges have improved the operational as well as
informational efficiency of the stock markets.
They found a strong decrease in market quality: widening spreads accompanied by a significant decrease of
informational efficiency, and a dramatic increase of lending costs.
Manne argues first that insiders trading on nonpublic material information contribute to improving the
informational efficiency of stock prices.
A stronger version of the time-invariance is involved, if the markets display different degrees of
informational efficiency and the prices' evolution itself is close to a pure random walk process (eventually with drift).
