Tao, Juan; Yingying, Wu; Jingyi, Zhang - In: China Finance Review International 7 (2017) 1, pp. 85-97
Purpose The purpose of this paper is to re-examine the effectiveness of price limits on stock volatilities in China over a more recent time period spanning from 2007 to 2012. The motivation stems from the fact that very high stock market volatilities are observed in China and we are sceptical of...