Public information arrival and investor reaction during a period of institutional change: an episode of early years of a newly independent central bank.

Brzeszczyński, Janusz; Kutan, Ali M.

doi:10.1016/j.jce.2014.07.004

All Outputs (2)

Liquidity measures and cost of trading in an illiquid market. (2014)
Journal Article
ARMITAGE, S., BRZESZCZYNSKI, J. and SERDYUK, A. 2014. Liquidity measures and cost of trading in an illiquid market. Journal of emerging market finance [online], 13(2), pages 155-196. Available from: https://doi.org/10.1177/0972652714541340

We provide the first in-depth study of trading on the Ukrainian stock exchange, using trade-by-trade data. Though Ukraine has some large listed companies, the market is quite illiquid. We study the efficiency of five liquidity measures in the market.... Read More about Liquidity measures and cost of trading in an illiquid market..

Public information arrival and investor reaction during a period of institutional change: an episode of early years of a newly independent central bank. (2014)
Journal Article
BRZESZCZYŃSKI, J. and KUTAN, A.M. 2015. Public information arrival and investor reaction during a period of institutional change: an episode of early years of a newly independent central bank. Journal of comparative economics [online], 43(3), pages 727-753. Available from: https://doi.org/10.1016/j.jce.2014.07.004

Employing unique data derived directly from the Reuters electronic brokerage platform for currency trading, this paper investigates the reaction of investors to central bank announcements on the foreign exchange market in Poland in the years 2000–200... Read More about Public information arrival and investor reaction during a period of institutional change: an episode of early years of a newly independent central bank..