Time-Varying Crash Risk: The Role of Stock Market Liquidity

Author:

Christoffersen Peter,Feunou Bruno,Jeon Yoontae,Ornthanalai Chayawat

Publisher

Elsevier BV

Reference6 articles.

1. Stock Liquidity and Default Risk;J Brogaard;Journal of Financial Shleifer,1997

2. The Price Variability-Volume Relationship on Speculative Markets;G Tauchen;Econometrica,1983

3. Unspanned Stochastic Volatility and the Pricing of Commodity Derivatives;A B Trolle;Review of Financial Studies,2009

4. The Square-Root Unscented Kalman Filter for State and Parameter-Estimation;R Van Der Merwe;Proceedings. 2001 IEEE International Conference on Acoustics, Speech, and Signal Processing,2001

5. which measures variations in daily S&P500 index returns that are associated with diffusive risk; the market illiquidity proxy, ILQ, measured by daily averaged effective spreads across firms in the S&P500 constituents; the option-implied volatility index, VIX, obtained from the CBOE; and the log return of S&P500 index;H White;A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity,1980

Cited by 6 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

同舟云学术

1.学者识别学者识别

2.学术分析学术分析

3.人才评估人才评估

"同舟云学术"是以全球学者为主线,采集、加工和组织学术论文而形成的新型学术文献查询和分析系统,可以对全球学者进行文献检索和人才价值评估。用户可以通过关注某些学科领域的顶尖人物而持续追踪该领域的学科进展和研究前沿。经过近期的数据扩容,当前同舟云学术共收录了国内外主流学术期刊6万余种,收集的期刊论文及会议论文总量共计约1.5亿篇,并以每天添加12000余篇中外论文的速度递增。我们也可以为用户提供个性化、定制化的学者数据。欢迎来电咨询!咨询电话:010-8811{复制后删除}0370

www.globalauthorid.com

TOP

Copyright © 2019-2024 北京同舟云网络信息技术有限公司
京公网安备11010802033243号  京ICP备18003416号-3