By Professor Anthony K. Ahiawodzi
TOPIC: ASSESSING EFFICIENCY OF THE FINANCIAL SECTOR IN GHANA, AND IMPLICATIONS FOR GROWTH: AN APPLICATION OF THE AHIAWODZIAN MODEL
The Ahiawodzian Model of Financial Market Efficiency
Origin:
In view of the demerit of the traditional measures of efficiency of the financial sector, Professor Ahiawodzi developed a statistical model in 1990. This was during my MSc Research work at the University of Cape Coast Ghana.
This model is my main contribution to the discipline of Economics, especially financial economics……
