Series: IMF Working Papers
Author(s): Tonny Lybek , and Abdourahmane Sarr
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 2002
Keywords: foreign exchange, bond, foreign exchange markets, exchange markets, Measuring Liquidity, General Financial Markets,
This paper provides an overview of indicators that can be used to illustrate and analyze liquidity developments in financial markets. The measures include bid-ask spreads, turnover ratios, and price impact measures...