Size matters for liquidity:: Evidence from EMU sovereign yield spreads

被引：53

作者：

Gómez-Puig, M

机构：

[1] Univ Barcelona, Dept Teor Econ, Barcelona 08034, Spain

[2] Barcelona Stock Exchange, Barcelona, Spain

来源：

ECONOMICS LETTERS | 2006年 / 90卷 / 02期

关键词：

monetary integration; sovereign securities' markets; international and domestic credit risk; market liquidity;

D O I：

10.1016/j.econlet.2005.07.020

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The objective is to study the relative importance of domestic components of EMU sovereign yield spreads since the start of Monetary Integration. The results indicate a change in the market value of liquidity, as measured by market size, after EMU. (c) 2005 Elsevier B.V. All rights reserved.

引用

页码：156 / 162

页数：7