Econometrica

Journal Of The Econometric Society

An International Society for the Advancement of Economic
Theory in its Relation to Statistics and Mathematics

Edited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262

Econometrica: Jul, 1966, Volume 34, Issue 3

Stock Market Prices and Volumes of Sales

https://www.jstor.org/stable/1909776
p. 676-685

Charles C. Ying

The relationships between stock prices and volumes of sales are examined with the view that they are joint products of a single market mechanism. The results found here tend to support the notion that any model of the stock market which separates prices from volumes or vice versa will inevitably yield incomplete if not erroneous results.


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