Sökning: (WFRF:(Shukur Ghazi Professor))
> (2005-2009) >
(Il)liquidity on th...
(Il)liquidity on the Scandinavian Stock Exchange
-
- Söderberg, Jonas, 1975- (författare)
- Växjö universitet,Ekonomihögskolan, EHV
-
- Shukur, Ghazi, Professor (preses)
- Växjö universitet,Ekonomihögskolan, EHV
-
- Bechmann, Ken, Professor (opponent)
- Copenhagen Business School
-
(creator_code:org_t)
- Växjö : Ekonomihögskolan, Växjö Universitet, 2007
- Engelska 60 s.
- Relaterad länk:
-
https://urn.kb.se/re...
Abstract
Ämnesord
Stäng
- The time-series dynamics of liquidity on the Scandinavian stock exchanges between January 1993 and June 2005 are studied with an (il)liquidity index, based on the measures in Amihud (2002) and Lesmond, Ogden and Trzcinka (1999). The relationships between return, volatility, trading activity, and liquidity are examined in a VAR framework within these purely order-driven stock exchanges. In comparison to previous studies on the market structure in U.S stock exchanges, our results indicate that liquidity is more dependent on trading activity in the Scandinavian purely order-driven markets. Further, the linkage between the stock exchanges in terms of liquidity is explored. We document evidence of liquidity spilloverbetween the Scandinavian stock exchanges.
Ämnesord
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
Nyckelord
- Finance
- Liquidity
- Order-driven stock exchanges
- Economics
- Nationalekonomi
- Economics
- Nationalekonomi
Publikations- och innehållstyp
- vet (ämneskategori)
- lic (ämneskategori)
Hitta via bibliotek
Till lärosätets databas