Testing the PIN variable

Benos, Evangelos; Jochec, Marek

dc.contributor.author	Benos, Evangelos
dc.contributor.author	Jochec, Marek
dc.date.accessioned	2016-04-20T05:20:38Z
dc.date.available	2016-04-20T05:20:38Z
dc.date.issued	2007-02-17
dc.identifier.uri	http://nur.nu.edu.kz/handle/123456789/1419
dc.description.abstract	This paper puts the PIN variable (Probability of INformation-based trading) to test. We ¯nd that for a large set of stocks, the PIN vari- able is lower (albeit insigni¯cantly) in the periods before earnings an- nouncements dates than in the periods after earnings announcements dates. This is inconsistent with the idea of PIN capturing the proba- bility of informed trading.	ru_RU
dc.language.iso	en	ru_RU
dc.publisher	Social Science Research Network (SSRN) http://www.ssrn.com/en/	ru_RU
dc.rights	Attribution-NonCommercial-ShareAlike 3.0 United States	*
dc.rights.uri	http://creativecommons.org/licenses/by-nc-sa/3.0/us/	*
dc.subject	testing the PIN variable	ru_RU
dc.subject	PIN variable	ru_RU
dc.title	Testing the PIN variable	ru_RU
dc.type	Article	ru_RU