Titlebook: Regulatory Reform of Stock and Futures Markets; A Special Issue of t Franklin R. Edwards Book 1989 Kluwer Academic Publishers 1989 financia

偉大

Commentary: ,,mpirical researchers have attempted to measure the impact of circuit breakers on price volatility or to examine whether volatility fluctuations arise from “speculative overreaction” or “information arrival.”

Gorilla

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Dignant

幻想

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枯燥

pantomime

Margin Requirements and Stock Volatility,ck. There has been much recent debate about the efficacy of these margin regulations. This article argues that the Fed has responded to increases in stock prices by raising margin requirements. The increase in prices has been associated with a decrease in volatility. There is no evidence that change

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