Asian Review of Financial Research Vol.18 No.2pp.289-319
Is the Liquidity Common Factor a Priced Risk in the Korean Stock Markets?
Korea University, Department of Business Administration Jong-Ho Park
Sunchon National University, Department of Business Administration Kyong Shik Eom
University of California at Berkeley, Department of Economics; Korea Securities Research Institute
Key Words : 유동성 공통요인,장기기억과정,주성분분석,정준상관분석,시장미시구조,정보적 요소,주가결정의 위험요인