Market Liquidity: Asset Pricing, Risk, and Crises

by Haim Mendelson, Yakov Amihud, Lasse Heje Pedersen

Book Overview

This book presents the theory and evidence on the effect of market liquidity and liquidity risk on asset prices and on overall securities market performance. Illiquidity means incurring a high... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 0521139651
• ISBN13: 9780521139656
• Release Date: November 2012
• Publisher: Cambridge University Press
• Length: 292 Pages
• Weight: 0.85 lbs.
• Dimensions: 1.0" x 5.9" x 8.9"