Stahel, Christof W. (contributor) - 2003 - [Elektronische Ressource]
runing through 2001. The first measure is
the equity market turnover based on the IFC market indexes, and the second measure … second measure is a better predictor of future returns and that
the level of liquidity increases with equity market … based
on the seven sector FT Actuaries/Goldman Sachs International Equity Indexes as reported
in Roll (1992): Financial …