Stock Price Volatility and Fundamental Value

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Price limits and stock market volatility *

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.  2001 Elsevier Science B.V. All rights reserved.

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ژورنال

عنوان ژورنال: Zeszyty Naukowe Uniwersytetu Szczecińskiego Finanse Rynki Finansowe Ubezpieczenia

سال: 2016

ISSN: 2450-7741,2300-4460

DOI: 10.18276/frfu.2016.4.82/2-07