School of Business Administration, Bar Ilan University, and Faculty of Industrial Engineering and Management, Technion, respectively. The paper has benefited from presentations at the 1991 European Finance Association Meetings (Rotterdam), the 1991 Econometric Society European Meetings (Cambridge), Bar-Ilan University, Erasmus University, Hebrew University, the University of Pittsburgh, and the University of Tilburg. Sam Brunfeld (Chairman of the Tel-Aviv Stock Exchange), two anonymous referees, and René Stulz (the editor) offered many helpful comments. Any remaining errors are our responsibility. Financial support from the Technion Vice President Research Fund is gratefully acknowledged.
Stock Market Crashes and the Performance of Circuit Breakers: Empirical Evidence
Version of Record online: 30 APR 2012
© 1993 the American Finance Association
The Journal of Finance
Volume 48, Issue 5, pages 1909–1925, December 1993
How to Cite
LAUTERBACH, B. and BEN-ZION, U. (1993), Stock Market Crashes and the Performance of Circuit Breakers: Empirical Evidence. The Journal of Finance, 48: 1909–1925. doi: 10.1111/j.1540-6261.1993.tb05133.x
- Issue online: 30 APR 2012
- Version of Record online: 30 APR 2012
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