Informational efficiency of the clandestine and official gold markets in Paris

C-Tier
Journal: Economics Letters
Year: 2015
Volume: 126
Issue: C
Pages: 28-30

Authors (3)

Gallais-Hamonno, Georges Hoang, Thi-Hong-Van (Montpellier Business School) Oosterlinck, Kim (Université Libre de Bruxelles)

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

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Abstract

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.

Technical Details

RePEc Handle
repec:eee:ecolet:v:126:y:2015:i:c:p:28-30
Journal Field
General
Author Count
3
Added to Database
2026-01-25