Liquidity and Asset Prices: A Unified Framework
收藏数据链接：
官方服务：
资源简介：
We examine how liquidity and asset prices are affected by the following market imperfections: asymmetric information, participation costs, transaction costs, leverage constraints, non-competitive behavior and search. Our model has three periods: agents are identical in the first, become
提供机构：
美国国家经济研究局创建时间：
2009-08-01
