Market Liquidity and Funding Liquidity
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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,
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美国国家经济研究局创建时间：
2007-02-01
