Short Sale Constraints and Stock Returns
收藏NBER2001-10-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w8494
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资源简介:
Stocks can be overpriced when short sale constraints bind. We study the costs of short selling equities, 1926-1933, using the publicly observable market for borrowing stock. Some stocks are sometimes expensive to short, and it appears that stocks enter the borrowing market when shorting demand is
提供机构:
美国国家经济研究局
创建时间:
2001-10-01



