Bohl, Martin T.; Klein, Arne C.; Siklos, Pierre L. - In: Journal of Financial Stability 9 (2013) 3, pp. 337-346
Short sellers are routinely blamed for destabilizing stock markets by exacerbating deviations from fundamental values. In response, regulators periodically impose short sale constraints aimed at preventing excessive stock market declines. One explanation is that policy makers regard short...