two sources of liquidity to make investment. Cash holding is decided ex ante while asset securitization suffers from … adverse selection problem ex post. More cash holding reduces the liquidity shortage and depresses asset securitization. The … market more likely to collapse. These results hold with and without liquidity shocks, under both separating and pooling …

implications for liquidity and optimal policy interventions including open market operations …

The presence of information asymmetry increases the probability that a potential predator will provide liquidity rather … findings. These results imply that strategic traders are more likely to stabilize markets by providing liquidity when …

disrupting the liquidity or stability of mortgage secondary markets. In the process, the programs have created a new financial … market for pricing and trading mortgage credit risk, which has grown in size and liquidity over time. The CRT programs …

-shares of the same fund during the unprecedented liquidity crisis in March 2020. For an average bond or equity mutual fund … collective "dash for cash" by consumers and firms in need of liquidity at the outset of the COVID-19 pandemic was not the source …

liquidity to satisfy these liabilities?”; and “What is my optimal allocation to private assets and the composition of the … private and public portfolios?”.“Liquidity” for investors is their degree of confidence that their portfolios will satisfy … portfolios, are interrelated. In addition, the model shows that increasing a portfolio’s liquidity – i.e., increasing the …

decision is associated with liquidity, a measure of information asymmetries using a data sample of listed firms in Vietnam, an … 2015. We find a negative relation between stock market liquidity and dividend payout in Vietnamese firms. The finding … confirms that corporate managers in Vietnam tend to compensate for less liquidity with more dividend payout. The paper also …

regulations aimed at reducing counterparty risk and improving liquidity can be ineffcient. Such regulations have a direct positive …