Price Limits and Stock Market Volatility in the Athens Stock Exchange
โ Scribed by Kate Phylaktis; Manolis Kavussanos; Gikas Manalis
- Book ID
- 108559583
- Publisher
- John Wiley and Sons
- Year
- 1999
- Tongue
- English
- Weight
- 64 KB
- Volume
- 5
- Category
- Article
- ISSN
- 1354-7798
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
We show how agents' rational expectations regarding the state-contingent activation of policy instruments do not only impact the asset price it is designed to affect but spill over onto the entire range of asset prices in an economy. We present an application to exchange rate target zones as a state
## Abstract This study attempts to apply the general equilibrium model of stock index futures with both stochastic market volatility and stochastic interest rates to the TAIFEX and the SGX Taiwan stock index futures data, and compares the predictive power of the cost of carry and the general equili