Illiquidity of frontier financial market: Case of Serbia
The paper explores illiquidity of the Serbian financial market for the period of 2005-2009. The financial market in Serbia is, by its type, a frontier market. We used daily data from the BELEXline index, as well as all stocks within this index in examined timeframe, provided by the Belgrade Stock Ex...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
Economists' Association of Vojvodina
2010-01-01
|
Series: | Panoeconomicus |
Subjects: | |
Online Access: | http://www.doiserbia.nb.rs/img/doi/1452-595X/2010/1452-595X1003349Z.pdf |