Stock Market Liquidity and The Macroeconomic Fluctuations: UK Empirical Study
This paper investigates the relationship between stock market liquidity and macro economy fluctuations in UK. The sample covers all the common shares (620 firms in total) listed in London Stock Exchange over the period 1989-2009. By comparing the large-firm portfolio and small-firm portfolio results...
| Main Author: | |
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2010
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| Online Access: | https://eprints.nottingham.ac.uk/24059/ |
| _version_ | 1848792692710965248 |
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| author | Mao, Jianlei |
| author_facet | Mao, Jianlei |
| author_sort | Mao, Jianlei |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | This paper investigates the relationship between stock market liquidity and macro economy fluctuations in UK. The sample covers all the common shares (620 firms in total) listed in London Stock Exchange over the period 1989-2009. By comparing the large-firm portfolio and small-firm portfolio results, we conclude that the theoretical ‘flight to quality’ phenomenon is observable in UK stock market, however, the effect is relative weaker than the one observed in US market. |
| first_indexed | 2025-11-14T18:48:27Z |
| format | Dissertation (University of Nottingham only) |
| id | nottingham-24059 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T18:48:27Z |
| publishDate | 2010 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-240592018-01-31T17:50:26Z https://eprints.nottingham.ac.uk/24059/ Stock Market Liquidity and The Macroeconomic Fluctuations: UK Empirical Study Mao, Jianlei This paper investigates the relationship between stock market liquidity and macro economy fluctuations in UK. The sample covers all the common shares (620 firms in total) listed in London Stock Exchange over the period 1989-2009. By comparing the large-firm portfolio and small-firm portfolio results, we conclude that the theoretical ‘flight to quality’ phenomenon is observable in UK stock market, however, the effect is relative weaker than the one observed in US market. 2010-09-24 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/24059/1/Jianlei_Mao_DT_2010.pdf Mao, Jianlei (2010) Stock Market Liquidity and The Macroeconomic Fluctuations: UK Empirical Study. [Dissertation (University of Nottingham only)] (Unpublished) |
| spellingShingle | Mao, Jianlei Stock Market Liquidity and The Macroeconomic Fluctuations: UK Empirical Study |
| title | Stock Market Liquidity and The Macroeconomic Fluctuations: UK Empirical Study |
| title_full | Stock Market Liquidity and The Macroeconomic Fluctuations: UK Empirical Study |
| title_fullStr | Stock Market Liquidity and The Macroeconomic Fluctuations: UK Empirical Study |
| title_full_unstemmed | Stock Market Liquidity and The Macroeconomic Fluctuations: UK Empirical Study |
| title_short | Stock Market Liquidity and The Macroeconomic Fluctuations: UK Empirical Study |
| title_sort | stock market liquidity and the macroeconomic fluctuations: uk empirical study |
| url | https://eprints.nottingham.ac.uk/24059/ |