The Empirical Analysis of Liquidity
Download or Read eBook The Empirical Analysis of Liquidity PDF written by Craig Holden and published by Now Publishers. This book was released on 2014-11-28 with total page 90 pages. Available in PDF, EPUB and Kindle.
| Author | : Craig Holden |
| Publisher | : Now Publishers |
| Total Pages | : 90 |
| Release | : 2014-11-28 |
| ISBN-10 | : 1601988745 |
| ISBN-13 | : 9781601988744 |
| Rating | : 4/5 (45 Downloads) |
Book Synopsis The Empirical Analysis of Liquidity by : Craig Holden
Book excerpt: We provide a synthesis of the empirical evidence on market liquidity. The liquidity measurement literature has established standard measures of liquidity that apply to broad categories of market microstructure data. Specialized measures of liquidity have been developed to deal with data limitations in specific markets, to provide proxies from daily data, and to assess institutional trading programs. The general liquidity literature has established local cross-sectional patterns, global cross-sectional patterns, and time-series patterns.
