Flight to Liquidity on the Tokyo Stock Exchange during the 2008 Share Market Crashes
This paper explores the existence of the flight-to-liquidity phenomenon for shares which are traded on the Tokyo Stock Exchange during share market crashes. Using data from the First section of the Tokyo Stock Exchange, the existence of a flight-to-liquidity during the 2008 share market crashes is...
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Format: | Article |
Language: | English |
Published: |
EconJournals
2015-07-01
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Series: | International Journal of Economics and Financial Issues |
Online Access: | https://www.econjournals.com/index.php/ijefi/article/view/1151 |