Quant Congress USA: Market efficiency is testable, claims Jarrow

Laurie Carver
18 Jul 2011

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The efficient market hypothesis is empirically testable, contrary to long held assumptions, according to Robert Jarrow, professor of finance and economics at Cornell University.

Speaking at Risk's Quant Congress USA conference in New York last week, Jarrow noted that traditional financial models implicitly assume a form of the efficient market hypothesis, and claimed his recent theoretical work provides a simple test to determine whether a given market is efficient - according to his definitions

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]