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'.
Search Results
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
The Exchange Rate, Monetary Policy and Intervention
13 Feb 2003
Bulletin
PDF
494KB
The first view derives from the EfficientMarkets Hypothesis (EMH). This holds thatthe price in an asset market is always at auniquely-determined equilibrium defined bythe available information on fundamentals,and agents’
https://www.rba.gov.au/publications/bulletin/1993/dec/pdf/bu-1293-3.pdf