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：40

作者：

孙培源

施东晖

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：

1201 ; 020204 ;

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

页码：12 / 18

页数：7

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