Yang's Research Provides Insights for Stock Trading Decision Making and Financial Planning
By Abby Metzger
 Jimmy Yang's research paper, "The Effect of Price Limits on Intraday Volatility and Information Asymmetry" has been accepted for publication in Pacific-Basin Finance Journal.
Yang and co-author Yong H. Kim used transactions data from the Taiwan Stock Exchange to investigate the effect of price limits on price volatility and information asymmetry. Their research revealed that a consecutive limit hit most effectively allows investors to make more rational trading decisions and counter overreaction.
Additionally, Yang's paper titled, "Teaching an Old Dog New Tricks: Using the Dividend Growth Model in Financial Planning" will be published in the Journal of Economics and Finance Education's winter 2007 issue.
The paper is co-authored by Raymond M. Brooks and discusses how the Dividend Growth Model, often used to price stocks where the dividend grows at a constant rate, can be used in financial planning in new ways. | 
