Article ID: | iaor199617 |
Country: | India |
Volume: | 20 |
Issue: | 1 |
Start Page Number: | 37 |
End Page Number: | 50 |
Publication Date: | Jan 1995 |
Journal: | Vikalpa |
Authors: | Malay Roy K., Madhusudan Karmakar |
Keywords: | finance & banking |
Based on measurement of stock market volatility for the period 1935 to 1992, the authors focus on two key issues: (a) what is the average level of volatility and whether it has increased in the current period; (b) whether the present trend of share price movement is likely to impair the development process of the present economy.