Series: IMF Working Papers
Author(s): Gianni De Nicolo , and Iryna Ivaschenko
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2009
Keywords: Risk Premiums, Growth Opportunities, bond, equity markets, bond spreads, equity market,
This paper constructs new indicators of liquidity for equity, bond and money markets in major advanced and emerging market countries, documents their evolution and comovements, and assesses the extent to which such...