trade. If most liquidity demanders are uninformed, there is likely to be significant wash trade among them, resulting in … Normal-like volume distributions. If most liquidity demanders are informed, their trades are correlated so that the volume …

The effect of leverage on liquidity is a tool for analysing the level of liquidity for a given production process. It … measures the sensitivity of the level of liquidity that results from changes in the volume of production and unit operating … flows from production influence liquidity levels. The estimated costs do not directly influence the level of liquidity …

adverse effect on liquidity only for the smallest and least liquid firms. …

,848 repurchases made by 352 French firms, we show that corporate share repurchases have a significant adverse effect on liquidity as …

conventional limits to arbitrage, we show that liquidity-linked variables are associated with a faster reversion of arbitrage …

volatility of price changes in terms of parameters describing the arrival rates of buy and sell orders and cancelations. These …

immune against any liquidity problem. This paper analyzes on a long sample (2000-2009), the all set of quotes and … transactions in three main currency pairs (EURJPY, EURUSD, USDJPY) on the EBS platform. To characterize the FX market liquidity, we … propose the computation of a new liquidity indicator, BIL, that solely relies on price series availability. The main benefit …

of assets, income and cash flows, or the abundant liquidity at a low cost. This paper studies the risk behavior of the …

Theory of Money holds provided the economy is not trapped in a liquidity hole. The traditional theory of comparative …