[PDF][PDF] The price impact of borrowing and short-sale constraints
K Yuan - Work% ing paper, University of Michigan. Consider the …, 2006 - Citeseer
This study explores how trading constraints such as borrowing and short-sale constraints
affect asset prices in the presence of asymmetric information. In a symmetric information …
affect asset prices in the presence of asymmetric information. In a symmetric information …
Trading Prior to Price Sensitive Announcements
We develop and test a proxy for the level of informed trading based on trading prior to Price
Sensitive Announcements (PSAs). Significant price movements prior to the release of PSAs …
Sensitive Announcements (PSAs). Significant price movements prior to the release of PSAs …