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the trading volume from the U.S. to Canada among financial stocks during the ban. Both price and volume effects are …-sales restrictions (Miller (1977)). Our findings also imply that pessimistic investors were more preponderant in the U.S. than in Canada … Canada prior to the ban. -- Financial markets ; International topics …
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The authors empirically analyze the price-setting behaviour of the major Canadian banks in the residential mortgage market over the period 19912007. They use weekly posted prices of the major mortgage providers to study the degree of competition in mortgage price setting. Their results suggest...
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