Purpose: The purpose of this paper is to understand the effect of perceived income security (IS), materialistic values and socially driven aspirations on the financial well-being (FWB) of young Indian adults. Design/methodology/approach: A questionnaire was designed using available scales for...

There is no single, definitive and universally accepted measure of a stock’s ‘liquidity’. The literature proposes a large number of proxy measures for liquidity. Suitable low dimensional characterisation of liquidity may improve understanding and enable better market...