Books
1 results found| Title | Authors | Description | OpenBook ID | |
|---|---|---|---|---|
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Liquidity and asset prices | Haim Mendelson,Lasse Heje Pedersen,Yakov Amihud | We review the theories on how liquidity affects the required returns of capital assets and the empirical studies that test these theories. The theory predicts that both the level of liquidity and liq… | OL19884288W |