How to Measure Illiquidity on European Emerging Stock Markets?

Background: Liquidity is, in practice of portfolio investment, an important attribute of stocks and measuring illiquidity presents a real challenge for researchers, primarily on developed stock markets. Moreover, there is a lack of research dealing with (il)liquidity on emerging markets. In the pape...

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Bibliographic Details
Main Authors: Vidović Jelena, Poklepović Tea, Aljinović Zdravka
Format: Article
Language:English
Published: Sciendo 2014-09-01
Series:Business Systems Research
Subjects:
Online Access:http://www.degruyter.com/view/j/bsrj.2014.5.issue-3/bsrj-2014-0020/bsrj-2014-0020.xml?format=INT