Market Liquidity

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Market Liquidity

By Yakov Amihud; Haim Mendelson; Lasse Heje Pedersen

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This book is about the pricing of liquidity in securities markets. The book then explains how liquidity crises create downward price and liquidity spirals. The analysis has implications for traders, risk managers, performance evaluation, economic policy, regulation of financial markets, management of liquidity crises and academic research.

Subject: Business & Economics -> Finance -> Finance - General

Market Liquidity
Asset Pricing, Risk, and Crises
1st edition
Publisher: Cambridge University Press 11/12/12
Imprint: Cambridge University Press
Language: English

ISBN 10: 113956384X
ISBN 13: 9781139563840
Print ISBN: 9780521191760

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