Noise as Information for Illiquidity
收藏NBER2010-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w16468
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资源简介：
We propose a broad measure of liquidity for the overall financial market by exploiting its connection with the amount of arbitrage capital in the market and the potential impact on price deviations in US Treasurys. When arbitrage capital is abundant, we expect the arbitrage forces to smooth out the
提供机构：
美国国家经济研究局
创建时间：
2010-10-01
