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Article Dans Une Revue Economics Letters Année : 2015

Informational efficiency of the clandestine and official gold markets in Paris

Résumé

For gold, moving from clandestine to official trading does not significantly change informational efficiency. Both markets are inefficient suggesting that efficiency is linked more to the type of asset than to the legal status of the market.
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Dates et versions

hal-02009842 , version 1 (06-02-2019)

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Georges Gallais-Hamonno, Thi-Hong-Van Hoang, Kim Oosterlinck. Informational efficiency of the clandestine and official gold markets in Paris. Economics Letters, 2015, 126, pp.28-30. ⟨10.1016/j.econlet.2014.11.013⟩. ⟨hal-02009842⟩
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