Liquidity premium and stock returns: An empirical study based on samples from U.K. stock market
Various empirical studies using different liquidity measures have shown strong evidence of liquidity premium, especially on the US stock market. In comparison, there are rarely any empirical studies based on UK data. Thus, the illiquidity effect on UK stock returns and the corresponding liquidity pr...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2009
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| Online Access: | https://eprints.nottingham.ac.uk/23276/ |