- We will send in 10–14 business days.
/images/books/12554577/9781933019123.jpg)
- Author: Yakov Amihud
- Publisher: Now Publishers
- ISBN-10: 1933019123
- ISBN-13: 9781933019123
- Format: 15.6 x 23.4 x 0.6 cm, minkšti viršeliai
- Language: English
- SAVE -10% with code: EXTRA
Reviews
Description
Liquidity and Asset Prices reviews the literature that studies the relationship between liquidity and asset prices. The authors review the theoretical literature that predicts how liquidity affects a security's required return and discuss the empirical connection between the two. Liquidity and Asset Prices surveys the theory of liquidity-based asset pricing followed by the empirical evidence. The theory section proceeds from basic models with exogenous holding periods to those that incorporate additional elements of risk and endogenous holding periods. The empirical section reviews the evidence on the liquidity premium for stocks, bonds, and other financial assets.
EXTRA 10 % discount with code: EXTRA
The promotion ends in 23d.23:20:16
The discount code is valid when purchasing from 10 €. Discounts do not stack.
- Author: Yakov Amihud
- Publisher: Now Publishers
- ISBN-10: 1933019123
- ISBN-13: 9781933019123
- Format: 15.6 x 23.4 x 0.6 cm, minkšti viršeliai
- Language: English English
Liquidity and Asset Prices reviews the literature that studies the relationship between liquidity and asset prices. The authors review the theoretical literature that predicts how liquidity affects a security's required return and discuss the empirical connection between the two. Liquidity and Asset Prices surveys the theory of liquidity-based asset pricing followed by the empirical evidence. The theory section proceeds from basic models with exogenous holding periods to those that incorporate additional elements of risk and endogenous holding periods. The empirical section reviews the evidence on the liquidity premium for stocks, bonds, and other financial assets.
Reviews