Minimal returns and the breakdown of the price-volume relation

Economics Letters

Volumn 50, Issue 2, 1996, Pages 265-269

  Balduzzi, Pierluigi ^a   Kallal, Hédi ^b   Longin, Francois ^c  

^a NEW YORK UNIVERSITY   (United States)

^b Salomon Brothers Inc   (United States)

^c ESSEC BUSINESS SCHOOL   (France)

Author keywords

Market crashes

Indexed keywords

EID: 0030078503     PISSN: 01651765     EISSN: None     Source Type: Journal    
DOI: 10.1016/0165-1765(95)00748-2     Document Type: Article

References (10)

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5. Gennotte, G. and H. Leland, 1990, Market liquidity, hedging, and crashes, American Economic Review 80, 999-1021.
6. Karpoff, J., 1987, The relation between price changes and trading volume: A survey, Journal of Financial and Quantitative Analysis 22, no. 1, 109-126.
7. Standard & Poor's, 1986, Security price index record, Standard & Poor's, New York.
8. New York Times, various issues, 1885-1927.
9. Schwert, G.W., 1990, Stock volatility and the crash of '87, Review of Financial Studies 3, 77-102.
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