| dc.contributor | 政大財管系 | en_US |
| dc.creator (作者) | 李志宏;Lin, Shu-Ying;李婉真;棗厥庸 | zh_TW |
| dc.creator (作者) | Lee, Jie-Haun;Lin, Shu-Ying;Lee, Wan-Chen;Tsao, Chueh-Yung | en_US |
| dc.date (日期) | 2006-03 | en_US |
| dc.date.accessioned | 12-Dec-2013 17:09:08 (UTC+8) | - |
| dc.date.available | 12-Dec-2013 17:09:08 (UTC+8) | - |
| dc.date.issued (上傳時間) | 12-Dec-2013 17:09:08 (UTC+8) | - |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/62421 | - |
| dc.description.abstract (摘要) | While liquidity plays an important role in market microstructure research, little previous work has been devoted to the common determinants of liquidity. In this study, we investigate common factors in liquidity by means of regression analysis using daily and intraday data in the Taiwan OTC stock market. Our empirical results based on the daily data provide evidence that market- and industry-wide effects do exist in Taiwan`s OTC market. These common factors are also found in the intraday data, but the effectiveness of the factors is not the same among the different trading intervals. | en_US |
| dc.format.extent | 197198 bytes | - |
| dc.format.mimetype | application/pdf | - |
| dc.language.iso | en_US | - |
| dc.relation (關聯) | International Review of Financial Analysis, 15(4/5), 306-327 | en_US |
| dc.subject (關鍵詞) | Microstructure;Liquidity;Commonality | en_US |
| dc.title (題名) | Common Factors in Liquidity: Evidence from Taiwan`s OTC Stock Market | en_US |
| dc.type (資料類型) | article | en |
| dc.identifier.doi (DOI) | 10.1016/j.irfa.2004.12.004 | en_US |
| dc.doi.uri (DOI) | http://dx.doi.org/10.1016/j.irfa.2004.12.004 | en_US |
