Injecting liquidity into liquidity research

Autor:	Thomas J. Smith, Karen L. Benson, Robert W. Faff
Rok vydání:	2015
Předmět:	Corporate finance Economics and Econometrics Third market Economics Liquidity crisis Financial system Macro economy Accounting liquidity Liquidity risk Finance Liquidity premium Market liquidity
Zdroj:	Pacific-Basin Finance Journal. 35:533-540
ISSN:	0927-538X
DOI:	10.1016/j.pacfin.2015.10.001
Popis:	In this paper, we aim to make more “liquid” our general understanding of liquidity research in finance. Our review of the relevant literature shows that it covers an extensive territory. Indeed, not only is liquidity important to the very existence and viability of markets, but it is also critical to the pricing of assets, the macro economy, funds management and corporate finance.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::a726427ad1f54c18c45b782faeaf4adf https://doi.org/10.1016/j.pacfin.2015.10.001 Zobrazit plný text záznamu Full Text from ScienceDirect