Economics with market liquidity risk

For markets to work efficiently, buyers and sellers must be able to transact easily. People must have access to a marketplace such as a supermarket or a stock exchange with adequate liquidity. Further, people must have confidence that such a well-functioning marketplace will also exist in the future...

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Bibliographic Details
Main Authors: Acharya, V.V (Author), Pedersen, L.H (Author)
Format: Article
Language:English
Published: Now Publishers Inc 2019
Subjects:
Online Access:View Fulltext in Publisher