Stock margins and the condition probability of price reversals

Paul Kofman and James Moser

Economic Perspectives, 2001, vol. 25, issue Q III, 2-12

Abstract: Does the cost of trading affect stock prices? Yes, according to the evidence in this article. The authors find that high costs seem to reduce the frequency of price reversals.

Keywords: Stocks; Stock - Prices (search for similar items in EconPapers)
Date: 2001
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.chicagofed.org/digital_assets/publicati ... es/2001/3qepart1.pdf (application/pdf)

Related works:
Working Paper: Stock margins and the conditional probability of price reversals (1993)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedhep:y:2001:i:qiii:p:2-12:n:v.25no.3

Ordering information: This journal article can be ordered from

Access Statistics for this article

More articles in Economic Perspectives from Federal Reserve Bank of Chicago Contact information at EDIRC.
Bibliographic data for series maintained by Lauren Wiese ().