Stock markets serve as a conduit for money and liquidity, which are necessary for economic growth and stability. This … liquidity has no major influence on Zimbabwe's economic development. As a result, the study advises policymakers to evaluate the …

This paper constructs new indicators of liquidity for equity, bond and money markets in major advanced and emerging … evidence of an historical increase in market liquidity since the early 1990s, in part as a result of advances in international … financial integration, but markets have been increasingly exposed to global systemic liquidity shocks. Second, liquidity …