Trading and Liquidity with Limited Cognition
收藏NBER2010-12-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w16628
下载链接
链接失效反馈官方服务:
资源简介:
We study the reaction of financial markets to aggregate liquidity shocks when traders face cognition limits. While each financial institution recovers from the shock at a random time, the trader representing the institution observes this recovery with a delay reflecting the time it takes to collect
提供机构:
美国国家经济研究局
创建时间:
2010-12-01



