Measuring Liquidity in Financial Markets /

This paper provides an overview of indicators that can be used to illustrate and analyze liquidity developments in financial markets. The measures include bid-ask spreads, turnover ratios, and price impact measures. They gauge different aspects of market liquidity, namely tightness (costs), immediac...

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Bibliographic Details
Main Author: Lybek, Tonny
Other Authors: Sarr, Abdourahmane
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2002.
Series:IMF Working Papers; Working Paper ; No. 2002/232
Online Access:Full text available on IMF