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Injecting liquidity into liquidity research

Listed author(s):
  • Benson, Karen
  • Faff, Robert
  • Smith, Tom

In this paper, we aim to make more “liquid” our general understanding of liquidity research in finance. Our review of the relevant literature shows that it covers an extensive territory. Indeed, not only is liquidity important to the very existence and viability of markets, but it is also critical to the pricing of assets, the macro economy, funds management and corporate finance.

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File URL: http://www.sciencedirect.com/science/article/pii/S0927538X15300111
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Article provided by Elsevier in its journal Pacific-Basin Finance Journal.

Volume (Year): 35 (2015)
Issue (Month): PB ()
Pages: 533-540

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Handle: RePEc:eee:pacfin:v:35:y:2015:i:pb:p:533-540
DOI: 10.1016/j.pacfin.2015.10.001
Contact details of provider: Web page: http://www.elsevier.com/locate/pacfin

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