Acharya, Viral V. (contributor); … - 2003 - [Elektronische Ressource]
Asset Pricing with Liquidity Risk⁄
Viral V. Acharyay and Lasse Heje Pedersenz
First Version: July 10, 2000
Current … Version: January 2, 2003
Abstract
This paper studies equilibrium asset pricing with liquidity risk |
the risk arising from … consistent with liquidity risk being priced.
⁄We are grateful for conversations with Andrew Ang, Joseph Chen, Sergei Davydenko …