Price limits and stock market volatility

被引：48

作者：

Kim, KA ^{[1
]}

机构：

[1] Univ Wisconsin, Sch Business Adm, Milwaukee, WI 53201 USA

来源：

ECONOMICS LETTERS | 2001年 / 71卷 / 01期

关键词：

price limits; stock market volatility;

D O I：

10.1016/S0165-1765(00)00403-1

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We examine the relationship between price limits and stock market volatility. We find when price limits are made more (less) restrictive stock market volatility is usually not lower (higher). This finding contradicts conventional wisdom and the view of most regulators. (C) 2001 Elsevier Science B.V. All rights reserved.

引用

页码：131 / 136

页数：6

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