Clogged information flow and stock-market sluggishness.
I provide evidence on the trading effects of the 1970 Newspaper and Mail Deliverers' Union's strike against The Wall Street Journal. I find that turnover falls significantly on the first few days of the strike, returns to normal, then even exceeds the average as the strike proceeds. The ev...
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| Format: | Article |
| Language: | English |
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Public Library of Science (PLoS)
2020-01-01
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| Series: | PLoS ONE |
| Online Access: | https://doi.org/10.1371/journal.pone.0235978 |