Kallinterakis, Vasileios; Lodetti, Maria - In: Economic Analysis 42 (2009), pp. 7-17
stock markets. However the latter are characterized by thin trading which has been found to amplify nonlinearities in … the thin trading bias. As this issue has never explored before, we investigate this in the context of the New Securities … Stock Exchange of Montenegro. Results indicate that correcting for thin trading bears a notable impact upon the observed …