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...
| Huvudupphovsman: | |
|---|---|
| Övriga upphovsmän: | , |
| Materialtyp: | Tidskrift |
| Språk: | English |
| Publicerad: |
Washington, D.C. :
International Monetary Fund,
2009.
|
| Serie: | IMF Working Papers; Working Paper ;
No. 2009/228 |
| Länkar: | Full text available on IMF |