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《Journal of Shanghai Jiaotong University》 2008-11
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Research on Composite Index of Liquidity in Security Market

YANG Chao-jun,ZHANG Zhi-peng,LIAO Shi-guang(Antai College of Economics & Management,Shanghai Jiaotong University,Shanghai 200052,China)  
Liquidity is one of the basic characters of security market and has various aspects.Index based on microstructure theory measures only one or another character of liquidity.This paper defined the concept of liquidity,and then constructed a composite index.Our empirical study shows that the index is(effective) and predictive.
【Fund】: 国家自然科学基金资助项目(70773075))
【CateGory Index】: F830.91;F224
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【References】
Chinese Journal Full-text Database 2 Hits
1 YANG Chao-jun,YAO Ya-wei,SHEN Si-wei(Antai College of Economics and Management,Shanghai Jiao Tong University,Shanghai 200052,China);Investor Structure,Behaviors and Security Market Liquidity——Empirical Analysis Based on China Stock Market[J];Journal of Systems & Management;2009-04
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【Co-references】
Chinese Journal Full-text Database 10 Hits
1 WANG Chun-feng,DONG Xiang-zheng(School of Management,Tianjin University,Tianjin 300072,China);On Liquidity Commonality of Stock Exchange: An Empirical Study Based on SHSE[J];Journal of Beijing University of Aeronautics and Astronautics(Social Sciences Edition);2006-04
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【Secondary References】
Chinese Journal Full-text Database 1 Hits
1 Zhou Yuan-fan,Chen Wen-peng;The impact of credit ranking restriction of insurance companies′ bond investment upon bond′s market liquidity[J];Insurance Studies;2010-01
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