Market Liquidity: Theory, Evidence, and Policy

Market Liquidity: Theory, Evidence, and Policy

by Marco Pagano (Author), Ailsa Roell (Author), Marco Pagano (Author), Thierry Foucault (Author)

Synopsis

The way in which securities are traded is very different from the idealized picture of a frictionless and self-equilibrating market offered by the typical finance textbook. Market Liquidity offers a more accurate and authoritative take on liquidity and price discovery.

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More Information

Format: Illustrated
Pages: 424
Edition: Illustrated
Publisher: OUP USA
Published: 04 Apr 2013

ISBN 10: 0199936242
ISBN 13: 9780199936243