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Market Liquidity and Funding Liquidity

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NBER2007-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w12939
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资源简介:
We provide a model that links an asset's market liquidity - i.e., the ease with which it is traded - and traders' funding liquidity - i.e., the ease with which they can obtain funding. Traders provide market liquidity, and their ability to do so depends on their availability of funding. Conversely,
提供机构:
美国国家经济研究局
创建时间:
2007-02-01
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