Showing 1 - 10 of 2,647
Persistent link: https://www.econbiz.de/10003393643
We distinguish exogenous liquidity, which corresponds to the variability of bid-ask spreads for usual-sized transactions, from endogenous liquidity, which we interpret as the impact of liquidity on market prices when liquidating larger positions. Endogenous liquidity measures the risk that the...
Persistent link: https://www.econbiz.de/10009674768
Persistent link: https://www.econbiz.de/10002157736
Persistent link: https://www.econbiz.de/10002417428
Persistent link: https://www.econbiz.de/10001113642
Persistent link: https://www.econbiz.de/10001079879
Persistent link: https://www.econbiz.de/10001079897