/

Discounting [38]

Go to: Summary | Previous | Next   
Bullet points include: There have been various attempts to model impact of liquidity risk on prices Impact seems to depend on type of liquidity definition researchers are adopting Effects linked to markets shutting down, as opposed to merely bid-offer spreads widening, appear to have much more significant impact on price formation And on what are the optimal amounts of liquid versus illiquid assets that market participants should hold

NAVIGATION LINKS
Contents | Prev | Next | Library


Desktop view | Switch to Mobile