| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5069331 | Finance Research Letters | 2017 | 5 Pages |
Abstract
We analyze the liquidity sensitivity of stock returns in the Norwegian stock market over the period 1983-2015. Even though the liquidity measures we apply are standard in the literature, we find no evidence of a relationship between returns and market liquidity. This is in strong contrast to the evidence of a significant sensitivity to liquidity in the US market, and suggest further analysis on the topic.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Thomas Leirvik, Sondre R. Fiskerstrand, Anders B. Fjellvikås,