Variance‐ratio methodology is used to test the hypothesis that Latin American emerging
equity market prices follow a random walk. The data are monthly index prices in local currency …

… Jorge Urrutia acknowledges the financial support provided by a Loyola University of
Chicago summer research grant. … Malliaris and Urrutia 355 … Malliaris and Urrutia 357 …

This article compares the performance of the logit and hazard models in predicting insolvency
and detecting variables that have a statistically significant impact on the solvency of …

… Malliaris and Urrutia (1991) confirm earlier results by other authors that hedge ratios for
several foreign currencies change over time and go further to investigate the time series …

Two distinct methodologies are used in price determination: partial equilibrium analysis and
general equilibrium analysis. Tbe former empbasizes supply and derhand conditions for a …

The relationship between trading volume and price variability has been examined extensively.
The theoretical motivation of earlier studies such as Ying (1966), Crouch (1970), Clark (…

This paper attempts to make an empirical contribution to the literature on the relationships
among real, monetary and financial variables of the economy. Using the methodology of …

In this paper we test the joint implications for the intertemporal behavior of stock prices and
dividends expressed in the Lintner dividend model and the present value model of stock …

The paper presents variance ratio tests of the random walk hypothesis for foreign exchange
rates. The data correspond to weekly exchange rates for four foreign currencies: British …

This article presents new empirical evidence indicating a deterministic component in the
portfolio return dynamics of life‐health and property‐liability insurance company stocks. Our …