What Factors Shape the Liquidity Levels of Euro Area Sovereign Bonds?
The purpose of this paper is to determine the factors that shape the liquidity levels of euro area sovereign bonds. The values of liquidity measure and explanatory variables were calculated from the limitorder book dataset for almost five hundred bonds from six largest euro area sovereign bond marke...
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| Format: | Article |
| Language: | English |
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De Gruyter
2018-12-01
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| Series: | Open Economics |
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| Online Access: | https://doi.org/10.1515/openec-2018-0009 |