Price limits and stock market volatility

被引：45
|
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
收藏
页码：131 / 136
页数：6
相关论文
共 50 条
  • [1] Price limits, market efficiency and market volatility
    Hu, ZX
    [J]. MANAGEMENT SCIENCES AND GLOBAL STRATEGIES IN THE 21ST CENTURY, VOLS 1 AND 2, 2004, : 593 - 601
  • [2] Market dynamics and stock price volatility
    Li, H
    Rosser, JB
    [J]. EUROPEAN PHYSICAL JOURNAL B, 2004, 39 (03): : 409 - 413
  • [3] Market dynamics and stock price volatility
    H. Li
    J. B. Rosser
    [J]. The European Physical Journal B - Condensed Matter and Complex Systems, 2004, 39 : 409 - 413
  • [4] PRICE LIMITS AND STOCK MARKET VOLATILITY: EMPIRICAL EVIDENCE FROM THE HO CHI MINH STOCK EXCHANGE
    Nguyen Thi Tuyet Nhung
    [J]. FINANCE AND PERFORMANCE OF FIRMS IN SCIENCE, EDUCATION, AND PRACTICE, 2015, : 1102 - 1111
  • [5] Do price limits help control stock price volatility?
    Seza Danışoğlu
    Z. Nuray Güner
    [J]. Annals of Operations Research, 2018, 260 : 129 - 157
  • [6] Do price limits help control stock price volatility?
    Danisoglu, Seza
    Guner, Z. Nuray
    [J]. ANNALS OF OPERATIONS RESEARCH, 2018, 260 (1-2) : 129 - 157
  • [7] Oil price volatility and the US stock market
    Rahman, Sajjadur
    [J]. EMPIRICAL ECONOMICS, 2021, 61 (03) : 1461 - 1489
  • [8] Oil price volatility and the US stock market
    Sajjadur Rahman
    [J]. Empirical Economics, 2021, 61 : 1461 - 1489
  • [9] Individualism, synchronized stock price movements, and stock market volatility
    Zhan, Feng
    [J]. INTERNATIONAL JOURNAL OF MANAGERIAL FINANCE, 2019, 15 (03) : 371 - 403
  • [10] ENDOGENOUS MARKET THINNESS AND STOCK-PRICE VOLATILITY
    PAGANO, M
    [J]. REVIEW OF ECONOMIC STUDIES, 1989, 56 (02): : 269 - 288
12345