Price limits and stock market volatility *
نویسنده
چکیده
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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تاریخ انتشار 2001