CAJ | 학술논문

公司债券的流动性问题越来越受到研究者的关注,而且随着理论的扩展和实践的加深,流动性出现了很多不同的度量指标。文章重点对公司债券市场流动性的测量方法进行总结,对现有公司债券流动性从基于价差的测量方法、基于交易对价格影响的测量方法、基于债券特征的测量方法以及隐含流动性四个方面进行了梳理和分析。
공사채권적류동성문제월래월수도연구자적관주,이차수착이론적확전화실천적가심,류동성출현료흔다불동적도량지표。문장중점대공사채권시장류동성적측량방법진행총결,대현유공사채권류동성종기우개차적측량방법、기우교역대개격영향적측량방법、기우채권특정적측량방법이급은함류동성사개방면진행료소리화분석。
Researchers have paid more and more attention on the issue of corporate bond liquidity and,along with theory expansion and practice deepening,many different metric indicators have come into existence to measure liquidity.The paper mainly classifies and summarizes the corporate bond liquidity measuring methods,expounds and analyzes the existing liquidity indicators in four aspects： price difference,price impact on trade,bond characteristics and latent liquidity.