How to Measure Illiquidity on European Emerging Stock Markets?

1. Aitken, M.J., Winn, R. (1997), „What is this thing called liquidity?“, Working Paper, Securities Industry Research Centre of Asia-Pacific.Search in Google Scholar

2. Aitken, M., Comerton-Forde, C. (2003), „How should liquidity be measured?”, Pacific-Basin Finance Journal, Volume 11, Issue 1, pp. 45-59.10.1016/S0927-538X(02)00093-8Search in Google Scholar

3. Amihud, Y. (2002), „Illiquidity and stock returns: Cross section and time series effects“, Journal of Financial Markets, Volume 5, Issue 1, pp. 31-56.10.1016/S1386-4181(01)00024-6Search in Google Scholar

4. Amihud, Y., Mendelson, H. (1986), „Asset pricing and the bid-ask spread“, Journal of Financial Economics, Volume 17, Issue 2, pp. 223-249.10.1016/0304-405X(86)90065-6Search in Google Scholar

5. Bekaert, G., Harvey, C.R., Lundblad, C. (2007), „Liquidity and Expected Returns: Lessons from Emerging Markets”, Review of Financial Studies, Volume 20, Issue 6, pp. 1783-1831.10.1093/rfs/hhm030Search in Google Scholar

6. Chan, H.W. (2005), „Asset Pricing and the Illiquidity Premium“, Financial Review, Volume 40, Issue 4, pp. 429-458.10.1111/j.1540-6288.2005.00118.xSearch in Google Scholar

7. Datar, V.T., Naik, N.Y., Radcliffe, R. (1998), „Liquidity and stock returns: An alternative test“, Journal of Financial Markets, Volume 1, Issue 2, pp. 203-219.10.1016/S1386-4181(97)00004-9Search in Google Scholar

8. Dey, M.K. (2005), „Turnover and return in global stock markets”, Emerging Markets Review, Volume 6, Issue 1, pp. 45-67.10.1016/j.ememar.2004.09.003Search in Google Scholar

9. Ghysels, E., Pereira, J.P. (2008), „Liquidity and conditional portfolio choice: A nonparametric investigation”, Journal of Empirical Finance, Volume 15, Issue 4, pp. 679-699.10.1016/j.jempfin.2007.12.002Search in Google Scholar

10. Lischewski, J., Voronkova, S. (2012) „Size, value and liquidity. Do They Really Matter on an Emerging Stock Market?”, Emerging Markets Review, Volume 13, Issue 1, pp. 8-25.10.1016/j.ememar.2011.09.002Search in Google Scholar

11. Minovic, J. Z. (2012), „Liquidity of the Croatian stock market: an empirical analysis”, Economic Research, Volume 25, Issue 3, pp. 776-80210.1080/1331677X.2012.11517533Search in Google Scholar

12. Miralles, J.M., Miralles, M.Q., Miralles, J.Q. (2004) „The Pricing of Systematic Liquidity Risk in Stock Markets“, Faculdade de Economia, Universidade de Coimbra, issue 20, pp 162-176.Search in Google Scholar

13. Pagano, M. (1989), „Trading Volume and Asset Liquidity”, The Quarterly Journal of Economics, MIT Press, vol. 104(2), pp. 255-270.10.2307/2937847Search in Google Scholar

14. Pastor, L., Stambaugh, R.F. (2001), „Liquidity risk and expected stock returns“, NBER Working paper series No. w8462.Search in Google Scholar

15. Vidović, J. (2013), „Investigation of stock illiquidity on Central and South East European Markets in naïve portfolio framework", Economic Thought and Practice, Volume 22, Issue 2, pp. 537-550. Search in Google Scholar

• Dashboard for the Management and Acceptance of Customer Orders
• Using EPP Boxes in a Dark Store: A New Approach to Simplify Food Retail E-Commerce Deliveries
• Circular Economy and Consumer’s Engagement: An Exploratory Study on Higher Education
• Internal Logistics Process Improvement using PDCA: A Case Study in the Automotive Sector
• Migration Flows through the Lens of Human Resource Ageing
• Boosting Regional Socioeconomic Development through Logistics Activities: A Conceptual Model
• Possible Impact of Risk Management Strategies with Farm Model on a Mixed Farm Type
• Conflict and Corporate Social Responsibility in Duopoly
• Editorial for the Special Issue: “Novel Solutions and Novel Approaches in Operational Research”: co-published with the Slovenian Society INFORMATIKA – Section for Operational Research (SSI-SOR)
• The Risk and Return of Traditional and Alternative Investments Under the Impact of COVID-19
• A Machine Learning Approach to Forecast International Trade: The Case of Croatia