Liquidity Premium and the Shape of Transaction Costs
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资源简介：
The replication folder includes the files which allow to replicate the results of the paper "Liquidity Premium and the Shape of Transaction Costs." It includes ReadMe file with general instructions, the file with parameters used in the model, the fortran program used to find the conditinal characteristics of the equilibrium, and the file with Mote-Carlo simulations used to find unconditional characteristics of the equilibrium.
