The behavior of Malaysian stock market: evidence from nonlinear unit root test
This paper reexamines the efficient hypothesis using monthly Kuala Lumpur stock price data for the period January 1970 to August 2009, using the nonlinear unit root test procedure recently developed by Kapetanios et al. (2003) in addition to the linear unit root test with and without structural brea...
| Main Authors: | , |
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| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
2010
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/12216/ http://irep.iium.edu.my/12216/1/A_nonlinear_Unit_Test_on_Malaysian_Stock_Price_IREP.pdf |