Liquidity and crises in Asian equity markets

• Main Authors: CHAROENWONG, Charlie, DING, David K., YANG, Yung Chiang
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2013
• Subjects: Asian markets; emerging markets; financial crisis; liquidity; trading activity; Asian Studies; Finance and Financial Management
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/3605; https://ink.library.smu.edu.sg/context/lkcsb_research/article/4604/viewcontent/EFMA2013_0310_fullpaper.pdf
• Institution: Singapore Management University

This article presents a discussion of stock market liquidity and its relation to financial crises. It begins by defining liquidity and explaining possible measures of liquidity and then explores factors influencing liquidity. It also analyzes the liquidity among 11 Asian countries. The empirical fin...