Efficient learning under price limits: Evidence from IPOs in Taiwan

Economics Letters

Volumn 85, Issue 3, 2004, Pages 373-378

  Chen, Anlin ^a   Chiou, Sue L ^b   Wu, Chinshun ^a  

^a NATIONAL SUN YAT SEN UNIVERSITY   (Taiwan)

^b NATIONAL PINGTUNG UNIVERSITY   (Taiwan)

Author keywords

Efficient learning; Efficient markets hypothesis; Initial public offerings; Price limit

Indexed keywords

EID: 13844289282     PISSN: 01651765     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.econlet.2004.06.001     Document Type: Article

References (7)

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5. J. Lewellen J. Shanken Learning, asset-pricing tests, and market efficiency Journal of Finance 57 2002 1113-1145
6. J.R. Ritter The long-run performance of initial public offerings Journal of Finance 46 1991 3-27
7. J. Tobin Estimation of relationships for limited dependent variables Econometrica 26 1958 24-36