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...
Հիմնական հեղինակ: | |
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Այլ հեղինակներ: | , |
Ձևաչափ: | Ամսագիր |
Լեզու: | English |
Հրապարակվել է: |
Washington, D.C. :
International Monetary Fund,
2009.
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Շարք: | IMF Working Papers; Working Paper ;
No. 2009/228 |
Առցանց հասանելիություն: | Full text available on IMF |