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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Bibliographic Details
Main Author: Brooke Alexandra Maeda
Format: Article
Language:English
Published: EconJournals 2015-07-01
Series:International Journal of Economics and Financial Issues
Online Access:https://www.econjournals.com/index.php/ijefi/article/view/1151