Following previous research which established that liquidity commonality exists within one stock market over a short … period of time, this paper finds that liquidity commonality also exists globally. Utilising a large number of stock exchanges … and a twelve year research time frame, this paper observes that liquidity commonality exists in both developed and …

The world has become more interconnected over the past few decades. Against this backdrop, economic and financial …

trilemma could bind tighter and interest rates will exhibit more co-movement across countries. However, if the information …