Publication
May 2013
The paper examines the effects of short-selling restrictions on herding behavior. They investigate six stock markets that faced bans during the recent global financial crisis and found the restrictions either made no influence to herding formation or induced negative herding affects. This means that, overall, these bans have a negative effect on stock markets.
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English (PDF, 20 pages, 1.0 MB) |
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| Author | Martin T Bohl, Arne C Klein, Pierre L Siklos |
| Series | CIGI Papers |
| Issue | 18 |
| Publisher | Centre for International Governance Innovation (CIGI) |
| Copyright | © 2013 Centre for International Governance Innovation (CIGI) |