Zaidi, Syeda Hina; Rupeika-Apoga, Ramona - In: Risks : open access journal 9 (2021) 2/43, pp. 1-20
This study investigates the country-level determinants of liquidity synchronization and degrees of liquidity synchronization during economic growth volatility. As a non-diversifiable risk factor, liquidity co-movement shock spreads market-wide and thus disrupts the overall functioning of the...