The paper reviews short selling practices in emerging markets. Many emerging countries do not allow short selling, this fact can affect market liquidity. We compare market return and risk indicatora across different countries from May 2002 to November 2010. Moreover, we show that market crash impact is generally weak in countries where short selling is allowed.
Short Selling in Emerging Markets: A Comparison of Market Performance during the Global Financial Crisis
MAGGI, MARIO ALESSANDRO;
2012-01-01
Abstract
The paper reviews short selling practices in emerging markets. Many emerging countries do not allow short selling, this fact can affect market liquidity. We compare market return and risk indicatora across different countries from May 2002 to November 2010. Moreover, we show that market crash impact is generally weak in countries where short selling is allowed.File in questo prodotto:
Non ci sono file associati a questo prodotto.
I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
