risk map. The purpose of our study is to advocate two additional dimensions that incorporate liquidity and/or debt capacity … companies face the limited ability to self-resist risk outcomes, due to high debt capacity and high liquidity constraints. We … supports the conclusion that the level of liquidity and debt capacity constraints and thus the ability to retain risk outcomes …

We study the conditional distribution of future liquidity in the secondary market for corporate bonds as a function of … current liquidity. Increases in liquidity are persistent for investment-grade bonds and flighty for high-yield bonds. Greater … liquidity of high-yield bonds is associated with lower uncertainty about future liquidity of investment-grade bonds, but greater …

-Keynesian theory of liquidity preference as the opportunity cost of investment; and the notion of the liquidity premium as a factor in … streams but by financing opportunities, liquidity considerations, and prospective capital gains. This approach substantially …

Economists' view of liquidity is askin to Supreme Court Justice Stewart's View of hard-core pornography: "I shall not … environment enables us to provide an exact definition of liquidity: an asset's liquidity is the expected time until it is sold … that this definition is compatible with most other notions of liquidity and, in particular, with those of Keynes1 …

countries. This paper shows that consumers' desire to monitor liquidity is one of the reasons. Consumers make use of a … predictions: consumers who need to keep control over their remaining liquidity and who have elevated costs of information …