WEKO3
アイテム
戦時期までの株式市場の効率性VIII
http://hdl.handle.net/10086/0002061094
http://hdl.handle.net/10086/0002061094b109ed9f-1b15-4935-bfad-8c4626938e08
| 名前 / ファイル | ライセンス | アクション |
|---|---|---|
070cmWP_180.pdf (1.6 MB)
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| Item type | デフォルトアイテムタイプ（フル）その２(1) | |||||||||
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| 公開日 | 2025-10-23 | |||||||||
| タイトル | ||||||||||
| タイトル | 戦時期までの株式市場の効率性VIII | |||||||||
| 言語 | ja | |||||||||
| タイトル | ||||||||||
| タイトル | Efficiency of the Equity Markets in the Prewar Japan VIII：Including Data up to 1943 | |||||||||
| 言語 | en | |||||||||
| 作成者 |
釜江, 廣志
× 釜江, 廣志
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| アクセス権 | ||||||||||
| アクセス権 | open access | |||||||||
| アクセス権URI | http://purl.org/coar/access_right/c_abf2 | |||||||||
| 内容記述 | ||||||||||
| 内容記述タイプ | Abstract | |||||||||
| 内容記述 | This paper tests efficiency of the equity markets in the prewar Japan. I try semi-strong form tests of all types of trading, that is, the long-term and short-term futures trading and cash transaction, using macro-economic indices and firms’ dividend, capital stock change, and business news including life insurance companies’ trading as explanatory variables. The new and old equities of Kanebo Ltd and other equities of 13 companies are included. Tests period is between 1927 and 1943, and is split at March 1936. According to the test results, some equities were efficient in total period or in split periods, and others were inefficient. These results may be explained using increase of trading volume, variance of stock price, numbers of total stockholders and active stockholders, and ratio of big stockholders. | |||||||||
| 言語 | en | |||||||||
| 出版者 | ||||||||||
| 出版者 | School of Business Administration, Hitotsubashi University Business School | |||||||||
| 言語 | en | |||||||||
| 日付 | ||||||||||
| 日付 | 2025-10 | |||||||||
| 日付タイプ | Issued | |||||||||
| 言語 | ||||||||||
| 言語 | jpn | |||||||||
| 資源タイプ | ||||||||||
| 資源タイプ識別子 | http://purl.org/coar/resource_type/c_18gh | |||||||||
| 資源タイプ | technical report | |||||||||
| 出版タイプ | ||||||||||
| 出版タイプ | VoR | |||||||||
| 出版タイプResource | http://purl.org/coar/version/c_970fb48d4fbd8a85 | |||||||||
| 関連情報 | ||||||||||
| 関連タイプ | isPartOf | |||||||||
| 言語 | en | |||||||||
| 関連名称 | Working paper ; No. 180 | |||||||||
| ページ数 | ||||||||||
| ページ数 | 67 | |||||||||
