Testing the PIN variable
| 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.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.identifier.uri | http://nur.nu.edu.kz/handle/123456789/1419 | |
| 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 |