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Details for article 1 of 15 found articles
| Title: |
A new measure of liquidity |
| Author: |
Wang, Yongxiang Wu, Weixing |
| Appeared in: |
Applied economics letters |
| Paging: | Volume 14 (2007) nr. 11 pages 817-820 |
| Year: |
2007-09 |
| Contents: |
We propose a new measure of market liquidity based on the investors' optimal searching behaviour. Thus, we add a wealth filter on Pagano (1989)'s measure of liquidity to build the strong tie between endogenous market participation and investor wealth, as has been documented by empirical works. |
| Publisher: |
Routledge |
| Source file: |
Elektronische Wetenschappelijke Tijdschriften |
Details for article 1 of 15 found articles
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