• The efficient hypothesis and deregulation: the Greek case

      Apergis, Nicholas; Eleftheriou, Sofia; University of Macedonia; Thessaloniki Stock Exchange (Taylor & Francis, 1997)
      The impact is examined of the 1988 monetary deregulation in Greece on the efficiency of the foreign exchange market. A ‘news’ model reveals that the deregulation of the monetary system contributed to the presence of an efficient foreign exchange market.