Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,919,542,606 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

random walk theory

   Also found in: Medical, Financial, Encyclopedia, Wikipedia 0.01 sec.
random walk theory
n
(Economics, Accounting & Finance / Stock Exchange) Stock Exchange the theory that the future movement of share prices does not reflect past movements and therefore will not follow a discernible pattern


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Dictionary browser?   Full browser?
No references found
 
The Random Walk theory would still be the accepted norm.
The second theory is the random walk theory or efficient market hypothesis, (EMH) which assumes that perfect information exists in the market place and that variations in XRs depend on such information, and that the new information will cause a movement in the XR.
Alternatively, the random walk theory of taxation may not adequately capture the fundamentals of intertemporal optimal taxation, even when the fundamentals are not excessively volatile, if real interest rate movements and or changes in the elasticity of output with respect to taxation are important.
 
 
 
Dictionary, Thesaurus, and Translations
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.