Cornell University
Library
Cornell UniversityLibrary

eCommons

Help
Log In(current)
DigitalCollections@ILR
ILR School
  1. Home
  2. ILR School
  3. Library
  4. Catherwood Library
  5. Key Workplace Documents
  6. Federal Publications
  7. Federal Publications
  8. The Cost of Crisis: Why Stock Fees Rise when Markets Slip

The Cost of Crisis: Why Stock Fees Rise when Markets Slip

File(s)
BLS_BTN_The_cost_of_crisis.pdf (1.03 MB)
Permanent Link(s)
https://hdl.handle.net/1813/78752
Collections
Federal Publications
Publications of the U.S. Bureau of Labor Statistics
Author
Wrobel, Jason
Abstract

Tossed around by the pulls and tugs of financial markets, stock market bid–ask spreads, the fees received by securities dealers who handle trades, are sensitive to peoples’ expectations of the future and are influenced by world events. Over the past decade, three prominent economic crises occurred—the 2008 financial crisis, the 2010 European sovereign debt crisis, and the 2011 U.S. debt-ceiling crisis. During the financial turmoil surrounding each event, bid–ask spreads and stock market volatility often moved similarly. This Beyond the Numbers article examines the relationship between the Bureau of Labor Statistics Producer Price Index (PPI) for dealer transactions-equity securities and two major stock market volatility indicators. An analysis of these three measures shows a positive correlation. This means that when the market volatility indexes increase, the PPI for dealer transactions-equity securities also tends to increase.

Date Issued
2017-02-01
Keywords
Producer Price Index
•
PPI
•
volatility
•
transactions-equity securities
Type
government record

Site Statistics | Help

About eCommons | Policies | Terms of use | Contact Us

copyright © 2002-2026 Cornell University Library | Privacy | Web Accessibility Assistance