Maghyereh, Aktham I.; Zoubi, Haitham A. Al; Nobanee, Haitham - In: Review of Pacific Basin Financial Markets and Policies … 10 (2007) 01, pp. 51-61
We reexamine the effects of price limits on stock volatility of Taiwan Stock Exchange using a new methodology based on the Extreme-Value technique. Consistent with the advocates of price limits, we find that stock market volatility is sharply moderated under more restrictive price limits.
