Purpose–The purpose of this paper is to review the literature on liquidity in international
stock markets, highlights differences and similarities in empirical results across existing …

The average equity risk premium (ERP) in emerging markets is well-known to be
significantly higher than in developed markets. But, key reasons for this remain unclear …

Market liquidity ensures the marketability of security and is an indispensable feature of stock
markets. Previous studies have emphasized the role of stock market liquidity in empirical …

This paper examines the dynamics of the financial integration process across equity markets
in one global emerging region (Emerging) and three emerging sub-regions (Asia, Eastern …

This study addresses the impact of equity market liquidity on Canadian economic growth
and investigates how consumer attitudes/sentiments affect the dynamic macro-liquidity …

Purpose–The strategic partnership between China and ASEAN has resulted in significant
financial reforms at the country and regional level. The scale and pace of these changes call …

This paper studies the relationship between changes in the US macroeconomic conditions
and the excess return of 10 Asian stock markets (China, India, Indonesia, Korea, Malaysia …

This research explores the function of information shocks in equity returns and integrated
volatility of emerging Asian markets using Swap Variance (SwV) approach on the period of …

This article studies the effects of the global integration process on emerging stock market
excess returns in a dynamic context. I improve the existing literature in four main directions …

Purpose This study aims to explore the impact of systematic liquidity risk on the averaged
cross-sectional equity return of the Indian equity market. It also examines the effects of …