Jimmy Yang's Stock Market Research Accepted for Publication
By Jennifer Kroll
Yang's paper, titled "Relative Performance of Trading Halts and Price Limits: Evidence from the Spanish Stock Exchange", tracks effects of these two mechanisms in trading activity, volatility, bid-ask spread, and price discovery. It has been accepted for publication by the International Review of Economics and Finance: Special Issue - Market Microstructure and Related Issues, scheduled for publication in January, 2007. The paper is co-authored by Yong H. Kim (University of Cincinnati, USA) and José Yagüe (University of Murcia, Spain).
Earlier this year, Yang authored another paper which has been accepted for publication forthcoming in the International Review of Finance. This paper, titled "The Effect of Price Limits: Initial Public Offerings vs. Seasoned Equities", uses Taiwanese data to examine the effects of price limits for IPOs in volatility, trading activity, and price discovery. This paper was co-authored by Yong H. Kim (University of Cincinnati).
Jimmy Yang is an assistant professor of Finance in the College of Business.
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