This paper highlights exchange-traded funds (ETF) purchases conducted by the Bank of Japan under Quantitative and …

corporate governance structure influence stock market liquidity depends on countries' legal systems, using data from 10 emerging …) enhances the level of investors participation and hence stock market liquidity. The second section seeks to explore the value … evidence that as compared to common law countries, costs of liquidity are larger for companies in countries with civil law …

This paper analyzes the liquidity condition of the fixed-income market in Japan, based on Hu, Pan and Wang (2013). We … empirically evaluate the illiquidity condition after the Bank of Japan (BOJ) implemented Quantitative and Qualitative Easing. Our … result indicates that the liquidity premium has increased with time since the BOJ announced its new monetary policy, although …

whether liquidity conditions play an important role in stock market developments. As an innovation, liquidity conditions enter … flows, which represent the share of global liquidity that arrives in the respective country. A second aim is to understand …