Short Sale Constraints: Effects on Crashes, Price Discovery, and Market Volatility
The recent SEC ban on short selling has presented an unrivaled opportunity to explore the effects of short selling constraints on crashes, market efficiency, and volatility. In this paper I carry out two groups of empirical tests on the individual banned stocks and a series of portfolios created fro...
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| Format: | Others |
| Language: | English |
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Högskolan i Jönköping, Internationella Handelshögskolan
2009
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| Online Access: | http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-9063 |