出版社：Asociatia Generala a Economistilor din Romania - AGER
摘要：The aim of this paper is to investigate the relationship between trade volume, number of transaction and daily volatility for Romanian Financial Investments Funds. There is a large debate on this topic. The empirical results of previous literature showed that there is a strong relationship between these varables. Using OLS regressions we found that trade volume has a larger impact on daily volatility compared to the influence of number of transactions which could be considered as a proxy for liquidity.
关键词：volatility; trade volume; number of transactions; liquidity; capital market.
