The Liquidity Theory of Asset Prices

by Michael Oliver and Gordon T. Pepper

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Professional investors are bombarded on a day to day basis with assertions about the role liquidity is playing and will play in determining prices in the financial markets. Few, if any, of the providers or recipients of such advice can truly claim to understand the well-springs of such liquidity and the transmission mechanisms through which it impacts asset prices.

This groundbreaking new book explores the belief that at the core of liquidity there...

Format:Hardcover

Language:English

ISBN:0470027398

ISBN13:9780470027394

Release Date:May 2006

Publisher:Wiley

Length:192 Pages

Weight:0.90 lbs.

Dimensions:0.7" x 6.3" x 9.0"

Related Subjects

Business Business & Investing

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The Liquidity Theory of Asset Prices

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