Liquidity in Corporate Markets A Literature Review

This note reviews the economic literature and empirical research on the drivers and effects of secondary market liquidity in the corporate securities markets. The choice of this topic was driven by the work of the World Bank in the field. Financial sector authorities in emerging markets and developi...

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Bibliographic Details
Main Author: Carvajal, Ana Fiorella
Other Authors: Bebczuk, Ricardo
Format: eBook
Language:English
Published: Washington, D.C The World Bank 2024
Series:Equitable Growth, Finance and Institutions Insight
Subjects:
Online Access:
Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
Description
Summary:This note reviews the economic literature and empirical research on the drivers and effects of secondary market liquidity in the corporate securities markets. The choice of this topic was driven by the work of the World Bank in the field. Financial sector authorities in emerging markets and developing economies often request the World Bank's support to improve the liquidity of their corporate markets, as they consider liquidity to be key to attracting more investors