This paper explains the emergence of liquidity traps in the aftermath of large-scale financial crises, as happened in … long time. -- liquidity trap ; financial crisis ; rare disasters ; equity capital ; leverage ; bankruptcy risk …

The purpose of the article is to analyse the impact of various financial ratios used to evaluate a company’s liquidity … developing countries, the relationship between liquidity and solvency on the one hand and the return on equity on the other is … of the capital asset pricing model (CAPM) model and analysed portfolios based on three liquidity ratios and four solvency …

basis size is closely related to measures of company-specific credit risk and liquidity, and to market conditions. In … risk, liquidity, and market measures even more strongly than the basis itself, and we show which conditions make long and …

studies global bonds to examine the effects of multimarket trading on corporate bond liquidity, prices, and the cost of debt … significant liquidity and price advantage over comparable domestic bonds. On average, global bonds trade at yields 15 to 25 basis … of crisis. Global issues are more liquid, as evidenced by several trade-based liquidity measures, but the liquidity …

through which foreign institutional investors influence the liquidity on the Chinese stock markets. Firstly, we find that … market participation by foreign institutional investors promotes liquidity both for state-owned enterprises (SOEs) and non …-SOEs. Secondly, foreign institutions influence liquidity through the informational frictions channel, but not through the real …

Market liquidity is the ease of trading an asset. Its risk is the potential loss, because a security can only be traded … at high or prohibitive costs. While the omnipresence and importance of market liquidity is widely acknowledged, it has … long remained a more or less elusive concept. Treatment of liquidity risk is still under development. This paper provides …