University of Chicago—Joint Session with the Econometric Society.
EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK*
Article first published online: 30 APR 2012
1970 The American Finance Association
The Journal of Finance
Volume 25, Issue 2, pages 383–417, May 1970
How to Cite
Fama, E. F. (1970), EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK. The Journal of Finance, 25: 383–417. doi: 10.1111/j.1540-6261.1970.tb00518.x
Research on this project was supported by a grant from the National Science Foundation. I am indebted to Arthur Laffer, Robert Aliber, Ray Ball, Michael Jensen, James Lorie, Merton Miller, Charles Nelson, Richard Roll, William Taylor, and Ross Watts for their helpful comments.
- Issue published online: 30 APR 2012
- Article first published online: 30 APR 2012