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Brenner, Menachem; Subrahmanyam, Marti G. - In: Restoring financial stability : how to repair a failed …, (pp. 269-275). 2009

Persistent link: https://www.econbiz.de/10003827521

A tale of two prices : liquidity and asset prices in multiple markets

Chan, Justin S. P.; Hong, Dong; Subrahmanyam, Marti G. - In: Journal of banking & finance 32 (2008) 6, pp. 947-960

Persistent link: https://www.econbiz.de/10003733773

Latent liquidity : a new measure of liquidity, with an application to corporate bonds

Mahanti, Sriketan; Nashikkar, Amrut; Subrahmanyam, Marti G. - In: Journal of financial economics 88 (2008) 2, pp. 272-298

Persistent link: https://www.econbiz.de/10003720278

Incremental risk vulnerability

Franke, Günter (contributor); … - 2005

We present a necessary and sufficient condition on an agent's utility function for a simple mean preserving spread in an independent background risk to increase the agent's risk aversion (incremental risk vulnerability). Gollier and Pratt (1996) have shown that declining and convex risk aversion...