Explaining the magnitude of liquidity premia The roles of return predictability, wealth shocks, and state-dependent transaction costs.

Explaining the magnitude of liquidity premia The roles of return predictability, wealth shocks, and state-dependent transaction costs.

Bibliographic Details
Published in:Journal of Finance V. 66, 1-6 (2011).
Main Author: Lynch, Anthony W.
Format: Article
Language:English
Subjects:
Liquidity.
Transaction costs.
Rates of return.