Jurksas, Linas - In: Open economics 1 (2018) 1, pp. 154-166
The purpose of this paper is to determine the factors that shape the liquidity levels of euro area sovereign bonds. The … hundred bonds from six largest euro area sovereign bond markets. The created variables were used in a cross … levels, and these effects become even stronger during the regimes of lower market liquidity. Contrary to the statements of …