Showing 1 - 10 of 49
large liquidity shocks or days following larger order imbalances, but not on days of strong informational asymmetry about …
Persistent link: https://www.econbiz.de/10010602578
liquidity and volatility. To identify causality, we rely on the unique design of this tax that is imposed only on large French … measures of liquidity, such as price impact, and no significant effect on volatility. The results are robust if we rely on …
Persistent link: https://www.econbiz.de/10011025599
We propose a tractable framework for quantifying the impact of fire sales on the volatility and correlations of asset … returns and provide a quantitative explanation for spikes in volatility and correlations observed during liquidation of large …
Persistent link: https://www.econbiz.de/10010548433
W niniejszej pracy, autorzy skoncentrowali się na wyliczeniu oraz analizie wskaźników umożliwiających ocenę kondycji finansowej wybranych przedsiębiorstw oraz jednostki pożytku publicznego. Dane wykorzystywane podczas wyliczeń zaczerpnięto ze sprawozdań finansowych publikowanych przez...
Persistent link: https://www.econbiz.de/10010821153
To execute a trade, participants in electronic equity markets may choose to submit limit orders or market orders across various exchanges where a stock is traded. This decision is influenced by the characteristics of the order flow and queue sizes in each limit order book, as well as the...
Persistent link: https://www.econbiz.de/10010821294
trade. If most liquidity demanders are uninformed, there is likely to be significant wash trade among them, resulting in … Normal-like volume distributions. If most liquidity demanders are informed, their trades are correlated so that the volume …
Persistent link: https://www.econbiz.de/10010821472
model to highlight how liquidity and insurance constraints respond differently to the time profile of expected cash …
Persistent link: https://www.econbiz.de/10010738986
of assets, income and cash flows, or the abundant liquidity at a low cost. This paper studies the risk behavior of the …
Persistent link: https://www.econbiz.de/10010898454
A main purpose of our project is to examine the financial condition of 3 chosen companies: a financial institution, a non-profit organizations, as well as the production company. All companies are existing at the Polish market. To make the calculations and tests we used the method of John...
Persistent link: https://www.econbiz.de/10010899327
How do rms' sales interact across markets? Are foreign and domestic sales complements or substitutes? Using a large French rm-level database that combine balance-sheet and product-destination-speci c export information over the period 1995-2001, we study the interconnections between exports and...
Persistent link: https://www.econbiz.de/10011026174