The determinants of sovereign bond liquidity during WWI

Jopp, Tobias A. (2020) The determinants of sovereign bond liquidity during WWI. ECONOMICS LETTERS, 196: 109555. ISSN 0165-1765, 1873-7374

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Abstract

What was WWI's impact on securities markets' liquidity? Investigated is the cross-section of sovereign bonds traded in Amsterdam. Prime determinants of a bond's wartime liquidity are its pre-war liquidity, above-median age, on-the-run status, and link to a minor war party. (c) 2020 Elsevier B.V. All rights reserved.

Item Type: Article
Uncontrolled Keywords: ; Economic history; Financial markets; Liquidity; Sovereign bonds; WWI
Subjects: 300 Social sciences > 330 Economics
900 History & geography > 900 Geography & history
Divisions: Philosophy, Art History, History, and Humanities > Institut für Geschichte > Wirtschafts- und Sozialgeschichte - Prof. Dr. Mark Spoerer
Depositing User: Dr. Gernot Deinzer
Date Deposited: 08 Mar 2021 11:04
Last Modified: 08 Mar 2021 11:04
URI: https://pred.uni-regensburg.de/id/eprint/43484

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