涨跌幅限制降低了股价波动吗?——来自中国股票市场的证据

被引：36
|
作者：
孙培源 [1 ]
施东晖 [1 ]
机构：
[1] 上海交通大学安泰管理学院
来源：
证券市场导报 | 2001年 / 11期
关键词：
涨跌幅; 波动性; 股价波动; 限制;
D O I：
暂无
中图分类号：
F832.5 [金融市场];
学科分类号：
020204 ; 1201 ;
摘要：
研究发现,涨跌幅限制并没有降低股价波动性和投资者的过度反应行为,相反却阻碍了均衡价格的实现过程和投资者的正常交易活动,其实际运作绩效与当初预想的目标存在较大偏差。
引用
收藏
页码：12 / 18
页数：7
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