Now showing items 1-1 of 1

    • Stock and Bond Market Liquidity: A Long-Run Empirical Analysis 

      Goyenko, Ruslan Y.; Ukhov, Andrey D. (2009-02-01)
      This paper establishes liquidity linkage between stock and Treasury bond markets. There is a lead-lag relationship between illiquidity of the two markets and bidirectional Granger causality. The effect of stock illiquidity ...