Emerging Market Liquidity and Crises

Whereas conventional wisdom argues that markets shut down during crises, with sellers struggling to find buyers, we find that markets continue to operate during financial turmoil, even in narrow and volatile emerging economies. Simple event studies...

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Bibliographic Details
Main Authors: Levy Yeyati, Eduardo, Schmukler, Sergio L., Van Horen, Neeltje
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
BID
Online Access:http://documents.worldbank.org/curated/en/2007/12/8881183/emerging-market-liquidity-crises
http://hdl.handle.net/10986/7549