The Asymmetry of Stock Market Volatility: The Case of Iran

This paper uses daily data from the Tehran Stock Market (TSM) to illustrate the nature of stock market volatility in an undeveloped stock market. Although most studies suggest that a negative shock to stock prices will generate more volatility than a positive shock of equal magnitude there is no evi...

Full description

Bibliographic Details

Published in:	فصلنامه پژوهش‌های اقتصادی ایران
Main Authors:	Mohsen Mehrara, Ghahreman Abdoli
Format:	Article
Language:	Persian
Published:	Allameh Tabataba'i University Press 2006-03-01
Subjects:	volatility stock market news impact curve iran stock market
Online Access:	https://ijer.atu.ac.ir/article_3706_b945484cb4d64ce641a51fccfe713b1b.pdf