کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5087471 1375431 2011 8 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
The relationship between liquidity and returns on the Chinese stock market
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
The relationship between liquidity and returns on the Chinese stock market
چکیده انگلیسی
► We examine the relationship between liquidity and returns on the Chinese stock market. ► Essentially, we consider both the Shanghai and Shenzhen stock exchanges. ► We used daily data for the period January 1997 to December 2003. ► We find mixed evidence on the relationship between liquidity and returns on both exchanges. ► There is greater evidence of liquidity having a negative effect on returns on the SHSE than on the SZSE. ► We could not find any robust effect of liquidity on returns despite using three proxies for liquidity.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Asian Economics - Volume 22, Issue 3, June 2011, Pages 259-266
نویسندگان
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