Search: EMH
RBA Glossary definition for EMH
EMH – Efficient markets hypothesis. The view that security or stock prices reflect all available information and it is impossible for an investor to consistently 'beat the market'.
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Modern Approaches to Asset Price Formation: A Survey of Recent Theoretical Literature
30 Nov 2009
RDP
PDF
89KB
EMH - specifically why they sometimes showdepartures from, what subsequently turn out to have been, their intrinsic values. ... It was the academic community's first attempt to rigorouslychallenge key propositions of the EMH.
https://www.rba.gov.au/publications/rdp/1995/pdf/rdp9501.pdf