Carvajal, Ana FiorellaBebczuk, Ricardo2024-04-112024-04-112024-04-11https://hdl.handle.net/10986/41408This note reviews the economic literature and empirical research on the drivers and effects of secondary market liquidity in the corporate securities markets. The choice of this topic was driven by the work of the World Bank in the field. Financial sector authorities in emerging markets and developing economies often request the World Bank’s support to improve the liquidity of their corporate markets, as they consider liquidity to be key to attracting more investors.en-USCC BY-NC 3.0 IGOLIQUIDITYCORPORATE MARKETSASSET CLASSISSUERINVESTORSReportWorld Bank10.1596/41408