liquidity by following the general practice of assuming that credit and market risk follow a Markov process. The study was based … empirical examination of the regime switching tendencies provided quantitative support to the anecdotal view that liquidity …

their underlying Hong Kong shares by using two proxies to measure illiquidity cost and liquidity risk. We find significant … trading risk, and liquidity risk, the arbitrage opportunity between the two markets would not be exploited promptly. This … determining asset prices, which makes us to empirically investigate the comovement effect, as well as liquidity risk. With regards …

Privatisierung von Schieneninfrastruktur zusammengefasst. …

In recent years a substantial amount of literature in one way or another deals with liquidity. The interest in it grows … measures of liquidity and publish them in the regular reports. But as in literature, there is still no consensus as what … liquidity really means and how it should be measured, or reported, understood or predicted, as the consistent summary of what …

exchange, interest rate, commodity price fluctuation), liquidity, credit, operations. Using risk value VaR@95% method …

As a result of the financial crisis the Lithuanian market has been adversely affected; therefore, the liquidity risk … which the liquidity situation of the AB “Parex” Bank has been exposed to the adverse affects of the global financial crisis … and what impact will it have on the future liquidity management. The object of the analysis – the liquidity risk …

internationally active banks and to protect consumers against these risks. Although there is an obvious threat of liquidity risk and … it is important to correctly measure and manage liquidity risk, it is almost glaringly omitted from Basel II. The result … of not managing liquidity risk properly may have dire consequences for banks because a liquidity crisis may happen …