Sunday 23, May 2010 by
German measures on sovereign markets ‘counterproductive’
On the basis of numerous academic studies, along with its own research, including a position paper published in March 2010 by Professor Abraham Lioui entitled “Spillover Effects of Counter-cyclical Market Regulation: Evidence from the 2008 Ban on Short Sales,” EDHEC-Risk Institute considers that this ban poses numerous problems and runs up against legal and practical obstacles that make it inapplicable or even counterproductive:
