Pricing Liquidity in Electronic Markets
نویسنده
چکیده
منابع مشابه
Liquidity Pricing of Illiquid Assets
So far the main body of the asset pricing literature has computed liquidity risk premia for either markets or single assets. The vast majority of these studies have been focused on fairly liquid assets, but recently a greater attempt to price such an important component of the asset pricing factors in markets with high illiquidity (especially in real estate) has also started to take place. The ...
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