Please use this identifier to cite or link to this item: https://ptsldigital.ukm.my/jspui/handle/123456789/783646
Title: Speculative trading and stock market volatility
Authors: Jonathan D. Jones
J. Harold Mulherin
Sheridan Titman
Conference Name: Pacific-Basin Finance Conference
Keywords: Market volatility
Conference Date: 1990-06-04
Conference Location: Bangkok, Thailand
Abstract: The contribution of speculation to volatility in financial markets has been a concerne policymakers in the U.S. at least since the turn of the century. The committee appointed b Governor Hughes of New York to study securities markets after the Panic of 1907 mad recommendations "directed to the removal of various evils now existing and to the reduction of th volume of speculation of the gambling type." The Great Crash of 1929 reinforced anti-speculation sentiments and led to a number of securities regulations, including the initial margin requirement set by the Federal Reserve.
Pages: 11
Call Number: HC681.P338 1990 katsem
URI: https://ptsldigital.ukm.my/jspui/handle/123456789/783646
Appears in Collections:Seminar Papers/ Proceedings / Kertas Kerja Seminar/ Prosiding

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