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Yu Y.D., 2007. Understanding excess liquidity. International Economic Review. 7: 12-25.

has been cited by the following article:

Article

The Impact of Currency Liquidity Excess on Price Volatility in the Future Market

1Business School of Nanjing Normal University

2School of Foreign Languages and Cultures, Nanjing Normal University


Journal of Finance and Accounting. 2017, Vol. 5 No. 2, 31-39
DOI: 10.12691/jfa-5-2-1
Copyright © 2017 Science and Education Publishing

Cite this paper:
Chen Zhu, Liping Chen. The Impact of Currency Liquidity Excess on Price Volatility in the Future Market. Journal of Finance and Accounting. 2017; 5(2):31-39. doi: 10.12691/jfa-5-2-1.

Correspondence to: Liping  Chen, School of Foreign Languages and Cultures, Nanjing Normal University. Email: chenliping@njnu.edu.cn

Abstract

The main contribution of this paper is to identify the relationship between liquidity excess and futures copper price in developing countries. To this end, we compare various measures of liquidity excess and identify one that can measure the degree of liquidity excess and which is particularly applicable to developing countries like China. Through multiple regression analysis, it is found that liquidity excess accounts for the changes of copper prices in the future market.

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