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Market Liquidity | Zookal Textbooks | Zookal Textbooks
  • Author(s) Yakov Amihud; Haim Mendelson; Lasse Heje Pedersen
  • Edition
  • Published11122012
  • PublisherCambridge University Press
  • ISBN9781139563840
This book is about the pricing of liquidity in securities markets. The book then explains how liquidity crises create downward price and liquidity spirals. The analysis has implications for traders, risk managers, performance evaluation, economic policy, regulation of financial markets, management of liquidity crises and academic research.

Market Liquidity

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  • Author(s) Yakov Amihud; Haim Mendelson; Lasse Heje Pedersen
  • Edition
  • Published11122012
  • PublisherCambridge University Press
  • ISBN9781139563840
This book is about the pricing of liquidity in securities markets. The book then explains how liquidity crises create downward price and liquidity spirals. The analysis has implications for traders, risk managers, performance evaluation, economic policy, regulation of financial markets, management of liquidity crises and academic research.
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