Journal Article
Stock margins and the condition probability of price reversals
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;
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Bibliographic Information
Provider: Federal Reserve Bank of Chicago
Part of Series: Economic Perspectives
Publication Date: 2001
Volume: 25
Issue: Q III
Pages: 2-12