equilibrium outcome. The intrinsic characteristics and supply of the assets determine their liquidity properties and degree of …

faced by arbitrageurs can prevent them from eliminating mispricings and providing liquidity to other investors. Research in …

The aim of this article is to present financial liquidity as a factor affecting the economic condition of the companies … impact of liquidity on the increase in earnings per share and return on assets, indicators can be used to assess the economic … liquidity results in an increase in the value of an economic entity and, therefore, its good economic condition, but the effect …

In this paper we discuss the importance of liquidity risk when evaluating the risk of portfolios of financial assets … that insurance companies hold. Until very recently and within the scope of Solvency II, liquidity risk was only considered … the possible quantitative evaluation of liquidity risk is under debate but it is still unclear if it will apply only to …

I construct a tractable model to evaluate the liquidity shock hypothesis that exogenous shocks to equity market … liquidity are an important cause of the business cycle. After calibrating the model, I find that a large and persistent negative … liquidity shock can generate large drops in investment, employment and output. Contrary to the hypothesis, however, a negative …

The aim of this paper is to analyze the liquidity levels of various banks in the UAE for the period 2005-2009. To … understand the behavior of liquidity indicators especially during the financial crisis, the researcher will analyze the four … liquidity indicators over the years 2005 to 2009. The findings highlight how the banks in question have been impacted by the …

We examine impediments to liquidity provision by mutual funds to insurance companies during corporate bond fire sales …. We find that financial regulation and limited capital capacity significantly affect liquidity provision. Mutual funds … risk, and less active investment styles) provide less liquidity. Mutual funds actively investing in fire sale bonds earn …

This paper shows that funding liquidity risk is priced in the cross-section of excess returns on agency mortgage …-backed securities (MBS). We derive a measure of funding liquidity risk from dollar-roll implied financing rates (IFRs), which reflect … liquidity shocks embedded in the IFRs is compensated in the cross-section of expected excess returns| agency MBS that are better …