The Liquidity and Liquidity Distribution Effects in Emerging Markets : The Case of Jordan /

This paper analyzes the determinants of daily changes in Jordan's interbank market overnight rate. It not only quantifies the classic liquidity effect, but also uncovers a liquidity distribution effect on both sides of the market, and shows that their magnitude is a decreasing and convex functi...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Vandenbussche, Jerome
مؤلفون آخرون: Blazsek, Szabolcs, Watt, Stanley
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2009.
سلاسل:IMF Working Papers; Working Paper ; No. 2009/228
الوصول للمادة أونلاين:Full text available on IMF