How should liquidity be measured?

Pacific Basin Finance Journal

Volumn 11, Issue 1, 2003, Pages 45-59

  Aitken, Michael ^a   Comerton Forde, Carole ^b  

^a UNIVERSITY OF NEW SOUTH WALES   (Australia)

^b UNIVERSITY OF SYDNEY   (Australia)

Author keywords

Asian economic crisis; Jakarta Stock Exchange; Liquidity

Indexed keywords

EID: 0037212430     PISSN: 0927538X     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0927-538X(02)00093-8     Document Type: Article

References (5)

1. Aitken, M.J., Winn, R., 1997. What is this thing called liquidity? Working Paper. Securities Industry Research Centre of Asia-Pacific.
2. Cohen, K.J., Maier, S.F., Schwartz, R.A., Whitcomb, D.K., 1986. The Microstructure of Securities Markets. Prentice Hall, Englewood Cliffs, NJ.
3. Harris, L.E., 1990. Liquidity, Trading Rules and Electronic Trading Systems. New York University Salomon Center Monograph Series in Finance, Monograph 1990-4.
4. McInish, T., Wood, R., 1992. An analysis of intra-day patterns in bid-ask spreads for NYSE stocks. The Journal of Finance 47, 753-764.
5. Ricker, J.P., 1998. Breaking the Eighth: Sixteenths on the New York Stock Exchange. Working Paper.