Market liquidity: proceedings of a workshop held at the BIS

BIS Papers No 2
April 2001

Papers in this volume were prepared for a meeting held at the Bank for International Settlements on 7 August 2000.

Session I - Stock markets

Title Languages
  Overview: market structure issues in market liquidity EN
  Events that shook the market EN
  Information flows during the Asian crisis: evidence from closed-end funds EN

Session II - Bond markets

Title Languages
  Estimating liquidity premia in the Spanish Government securities market EN
  Does market transparency matter? A case study EN

Special session - Panel discussion

Title Languages
  Short introduction on the work of the Johnson group EN
  Market liquidity under stress: observations from the FX market EN
  The puzzling decline in financial market liquidity EN
  Measuring liquidity under stress EN

Session III - Foreign exchange markets

Title Languages
  Order flow and exchange rate dynamics EN
  Trading volumes, volatility and spreads in FX markets: evidence from emerging market countries EN

Other papers

Title Languages
  Sending the herd off the cliff edge: the disturbing interaction between herding and market-sensitive risk management practices EN
  How safe was the "Safe Haven"? Financial market liquidity during the 1998 turbulences EN
  FX impact of cross-border M & A EN