We investigate the efficacy of liquidity mining programs in decentralized lending protocols within the blockchain … ecosystem. Our research addresses three main questions: whether these programs attract meaningful (and permanent) liquidity …; whether the liquidity is real or ”phantom;” and whether the liquidity creates externalities for other platform users …

We establish innovative measures of liquidity premium Beta on both asset and portfolio levels, and corresponding … liquidity-adjusted return and volatility, for selected crypto assets. We develop a liquidity-adjusted ARMA …-GARCH/EGARCH representation to model the liquidity-adjusted return for individual assets, and a liquidity-adjusted VECM/VAR-DCC/ADCC structure to …

We provide a theory of fire sales in which potential buyers are subject to liquidity shocks and frictions that limit … through the lens of the model, the liquidity requirements proposed by the Securities and Exchange Commission for these …

and liquidity significantly mediate the relationship between securitization and technical efficiency, with liquidity … cost of funding and liquidity simultaneously …

Kong, Shenzhen) and Yong Li (University of International Business and Economics).Market liquidity evaporation is often … and stop to provide liquidity of such stocks. Our findings reveal the relationship between attention, panic and market … liquidity spirals …

We show that a liquidity shock can affect the solvency of a bank and cause its default if the bank does not hold enough … over one and two (short) periods relative to the liquidity risk and, more particularly, to liquidity shock scenarios on an … level of liquid assets allowing it to remain solvent for the different liquidity shock scenarios and for both periods (i …