In this paper the authors introduce the new concept of implied liquidity on the basis of the recent developed two …-way price theory (conic finance). Implied liquidity isolates and quantifies in a fundamental way liquidity risk in financial … markets. It is shown on real market option data on the major US indices how liquidity dried up in the troubled year end of …

This paper examines the relationship between liquidity and quality of financial information by analyzing long …. Overall, my results indicate a positive relationship between quality of financial information and liquidity …

After the crisis, bank regulators are considering mitigating liquidity risk by introducing quantity limits on liquidity … and maturity mismatch. We argue that aggregate liquidity risk can be reduced with little deadweight loss by encouraging … readily observable variable correlated with systemic liquidity risk (e.g. the LIBOR-OIS spread) is above a trigger threshold …