Related Books

The Liquidity Theory of Asset Prices
Language: en
Pages: 190
Authors: Gordon Pepper, Michael Oliver
Categories: Business & Economics
Type: BOOK - Published: 2006-03-30 - Publisher: John Wiley & Sons

Professional investors are bombarded on a day to day basis with assertions about the role liquidity is playing and will play in determining prices in the financial markets. Few, if any, of the providers or recipients of such advice can truly claim to understand the well–springs of such liquidity and
Market Liquidity
Language: en
Pages: 277
Authors: Yakov Amihud, Haim Mendelson, Lasse Heje Pedersen
Categories: BUSINESS & ECONOMICS
Type: BOOK - Published: 2012-11-12 - Publisher: Cambridge University Press

This book explores the effect of liquidity on asset prices, liquidity variations over time and how liquidity risk affects prices.
Liquidity Preference and Monetary Economies
Language: en
Pages: 154
Authors: Fernando J. Cardim de Carvalho
Categories: Business & Economics
Type: BOOK - Published: 2015-05-22 - Publisher: Routledge

The 2008 international crisis has revived the interest in Keynes’s theories and, in particular, on Minsky’s models of financial fragility. The core proposition of these theories is that money plays an essential role in modern economies, which is usually neglected in other approaches. This is Keynes’s liquidity preference theory, which
Liquidity and Asset Prices
Language: en
Pages: 96
Authors: Yakov Amihud, Haim Mendelson, Lasse Heje Pedersen
Categories: Business & Economics
Type: BOOK - Published: 2006 - Publisher: Now Publishers Inc

Liquidity and Asset Prices reviews the literature that studies the relationship between liquidity and asset prices. The authors review the theoretical literature that predicts how liquidity affects a security's required return and discuss the empirical connection between the two. Liquidity and Asset Prices surveys the theory of liquidity-based asset pricing
Essays on Money, Asset Prices and Liquidity Premia
Language: en
Pages:
Authors: Seungduck Lee
Categories: Business & Economics
Type: BOOK - Published: 2017 - Publisher:

This dissertation analyzes the determinants of asset prices and the effect of monetary policy on not only asset prices, but also on other macroeconomic outcomes such as asset market trade volume and welfare in an environment with search frictions. The analysis in such an environment helps to examine an important