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Liquidity and Asset Prices
part of the Foundations and Trends (R) in Finance series
- Binding:
- Paperback
- Pages:
- 108
- Published:
- February 14, 2006
- Dimensions:
- 234x159x6 mm.
- Weight:
- 170 g.
Delivery:
2-4 weeks
Expected delivery: December 18, 2024
Description of Liquidity and Asset Prices
Reviews the literature that studies the relationship between liquidity and asset prices. The authors review the theoretical literature that predicts how liquidity affects a security's required return and discuss the empirical connection between the two.
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