Liquidez en los mercados accionarios colombianos. Cuánto hemos avanzado en los últimos 10 años?
How to measure the liquidity of Colombian stocks and its recent evolution. In the context of market microstructure literature, we define and estimate a measure of liquidity for Colombian stocks and provide evidence of the large improvement of the Colombian stock market in terms of the overall market...
- Autores:
-
Agudelo Rueda, Diego Alonso
- Tipo de recurso:
- Fecha de publicación:
- 2010
- Institución:
- Universidad EAFIT
- Repositorio:
- Repositorio EAFIT
- Idioma:
- spa
- OAI Identifier:
- oai:repository.eafit.edu.co:10784/652
- Acceso en línea:
- http://hdl.handle.net/10784/652
- Palabra clave:
- Liquidity
Stock markets
Stock exchange
Market microstructure
Liquidez
Mercado accionario
Bolsa de Valores
Microestructura de mercados
- Rights
- License
- Acceso abierto
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| dc.title.spa.fl_str_mv |
Liquidez en los mercados accionarios colombianos. Cuánto hemos avanzado en los últimos 10 años? |
| title |
Liquidez en los mercados accionarios colombianos. Cuánto hemos avanzado en los últimos 10 años? |
| spellingShingle |
Liquidez en los mercados accionarios colombianos. Cuánto hemos avanzado en los últimos 10 años? Liquidity Stock markets Stock exchange Market microstructure Liquidez Mercado accionario Bolsa de Valores Microestructura de mercados |
| title_short |
Liquidez en los mercados accionarios colombianos. Cuánto hemos avanzado en los últimos 10 años? |
| title_full |
Liquidez en los mercados accionarios colombianos. Cuánto hemos avanzado en los últimos 10 años? |
| title_fullStr |
Liquidez en los mercados accionarios colombianos. Cuánto hemos avanzado en los últimos 10 años? |
| title_full_unstemmed |
Liquidez en los mercados accionarios colombianos. Cuánto hemos avanzado en los últimos 10 años? |
| title_sort |
Liquidez en los mercados accionarios colombianos. Cuánto hemos avanzado en los últimos 10 años? |
| dc.creator.fl_str_mv |
Agudelo Rueda, Diego Alonso |
| dc.contributor.author.none.fl_str_mv |
Agudelo Rueda, Diego Alonso |
| dc.subject.keyword.eng.fl_str_mv |
Liquidity Stock markets Stock exchange Market microstructure |
| topic |
Liquidity Stock markets Stock exchange Market microstructure Liquidez Mercado accionario Bolsa de Valores Microestructura de mercados |
| dc.subject.keyword.spa.fl_str_mv |
Liquidez Mercado accionario Bolsa de Valores Microestructura de mercados |
| description |
How to measure the liquidity of Colombian stocks and its recent evolution. In the context of market microstructure literature, we define and estimate a measure of liquidity for Colombian stocks and provide evidence of the large improvement of the Colombian stock market in terms of the overall market liquidity from 2001 to 2007. Moreover, the merger of the former three stock exchanges (Bogotá, Medellín and Cali) into the Bolsa de Valores de Colombia in July 2001 can be associated, in an econometric model, to a significant improvement in liquidity for most of the individual stocks. |
| publishDate |
2010 |
| dc.date.issued.none.fl_str_mv |
2010-08-15 |
| dc.date.available.none.fl_str_mv |
2013-03-20T13:14:44Z |
| dc.date.accessioned.none.fl_str_mv |
2013-03-20T13:14:44Z |
| dc.type.eng.fl_str_mv |
workingPaper info:eu-repo/semantics/workingPaper |
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http://purl.org/coar/version/c_b1a7d7d4d402bcce |
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http://purl.org/coar/resource_type/c_8042 |
| dc.type.local.spa.fl_str_mv |
Documento de trabajo de investigación |
| dc.type.hasVersion.eng.fl_str_mv |
draft |
| dc.identifier.uri.none.fl_str_mv |
http://hdl.handle.net/10784/652 |
| dc.identifier.jel.none.fl_str_mv |
G10 G12 C12 C32 |
| url |
http://hdl.handle.net/10784/652 |
| identifier_str_mv |
G10 G12 C12 C32 |
| dc.language.iso.eng.fl_str_mv |
spa |
| language |
spa |
| dc.rights.coar.fl_str_mv |
http://purl.org/coar/access_right/c_abf2 |
| dc.rights.local.spa.fl_str_mv |
Acceso abierto |
| rights_invalid_str_mv |
Acceso abierto http://purl.org/coar/access_right/c_abf2 |
| dc.coverage.spatial.eng.fl_str_mv |
Medellín de: Lat: 06 15 00 N degrees minutes Lat: 6.2500 decimal degrees Long: 075 36 00 W degrees minutes Long: -75.6000 decimal degrees |
| dc.publisher.spa.fl_str_mv |
Universidad EAFIT |
| dc.publisher.department.spa.fl_str_mv |
Escuela de Economía y Finanzas |
| institution |
Universidad EAFIT |
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https://repository.eafit.edu.co/bitstreams/1ca2db0c-19b5-4858-8a00-b7de2d211dab/download https://repository.eafit.edu.co/bitstreams/c1476fd8-ef42-44f1-bd39-5f386835958d/download |
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MD5 MD5 |
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Repositorio Institucional Universidad EAFIT |
| repository.mail.fl_str_mv |
repositorio@eafit.edu.co |
| _version_ |
1814110447518875648 |
| spelling |
Medellín de: Lat: 06 15 00 N degrees minutes Lat: 6.2500 decimal degrees Long: 075 36 00 W degrees minutes Long: -75.6000 decimal degrees2013-03-20T13:14:44Z2010-08-152013-03-20T13:14:44Zhttp://hdl.handle.net/10784/652G10G12C12C32How to measure the liquidity of Colombian stocks and its recent evolution. In the context of market microstructure literature, we define and estimate a measure of liquidity for Colombian stocks and provide evidence of the large improvement of the Colombian stock market in terms of the overall market liquidity from 2001 to 2007. Moreover, the merger of the former three stock exchanges (Bogotá, Medellín and Cali) into the Bolsa de Valores de Colombia in July 2001 can be associated, in an econometric model, to a significant improvement in liquidity for most of the individual stocks.spaUniversidad EAFITEscuela de Economía y FinanzasLiquidez en los mercados accionarios colombianos. Cuánto hemos avanzado en los últimos 10 años?workingPaperinfo:eu-repo/semantics/workingPaperDocumento de trabajo de investigacióndrafthttp://purl.org/coar/version/c_b1a7d7d4d402bccehttp://purl.org/coar/resource_type/c_8042Acceso abiertohttp://purl.org/coar/access_right/c_abf2LiquidityStock marketsStock exchangeMarket microstructureLiquidezMercado accionarioBolsa de ValoresMicroestructura de mercadosAgudelo Rueda, Diego Alonsodagudelo@eafit.edu.coORIGINAL2010_8_Diego_Agudelo.pdf2010_8_Diego_Agudelo.pdfapplication/pdf718343https://repository.eafit.edu.co/bitstreams/1ca2db0c-19b5-4858-8a00-b7de2d211dab/download6586d37ff2741c164fdef3dc3e0ad835MD51LICENSElicense.txtlicense.txttext/plain; charset=utf-81748https://repository.eafit.edu.co/bitstreams/c1476fd8-ef42-44f1-bd39-5f386835958d/download8a4605be74aa9ea9d79846c1fba20a33MD5210784/652oai:repository.eafit.edu.co:10784/6522024-03-05 14:06:25.248open.accesshttps://repository.eafit.edu.coRepositorio Institucional Universidad EAFITrepositorio@eafit.edu.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 |