Advanced Search Results For "LIQUIDITY (Economics)"

Publication Type: Academic Journal

Source(s): Review of Financial Studies. Jun2023, Vol. 36 Issue 6, p2274-2318. 45p.

Abstract: Open-end mutual funds can use redemption in kind to satisfy investor redemptions by delivering securities instead of cash. We find that funds that reserve their rights to redeem in kind experience less redemption after poor performance. Evidence from a...

Publication Type: Academic Journal

Source(s): Review of Financial Studies. May2023, Vol. 36 Issue 5, p2046-2090. 45p.

Abstract: We study the optimality of macroprudential policies in an environment where banks provide liquidity to firms. Informational frictions between banks can cause interbank market freezes, prompting firms to accumulate their own liquid assets. Liquidity hoa...

Publication Type: Academic Journal

Source(s): Review of Financial Studies. May2023, Vol. 36 Issue 5, p2131-2173. 43p.

Abstract: We characterize the unique equilibrium in an economy populated by strategic CARA investors who trade multiple risky assets with arbitrarily distributed payoffs. We use our explicit solution to study the joint behavior of illiquidity of option contracts...

Publication Type: Academic Journal

Source(s): MEST Journal. Jul2022, Vol. 10 Issue 2, p57-63. 7p.

Abstract: The importance of assessing financial performance lies in highlighting all financial and economic criteria needed to assess the project's success or failure in achieving its objectives. The scientific goals of this paper are the scientific description ...

Publication Type: Academic Journal

Source(s): Review of Financial Studies. Mar2023, Vol. 36 Issue 3, p1094-1147. 54p.

Abstract: We propose that stock market liquidity affects corporate investment and production. Illiquidity, which raises firms' cost of capital, lowers investment in capital assets, R&D, and inventory. This effect holds after we control for endogeneity using exog...

Publication Type: Academic Journal

Source(s): Al Bashaer Economic Journal. 2023, Vol. 9 Issue 1, p37-52. 16p.

Abstract: This study aims to shed light on the effective contribution that electronic payment methods can make in response to achieving financial stability and reducing liquidity crises that the Algerian economy suffers from, through positive effects and various...

Publication Type: Academic Journal

Source(s): Studia Universitatis Babes-Bolyai, Oeconomica. Apr2023, Vol. 68 Issue 1, p78-99. 22p.

Abstract: There is a growing body of research that shows the impact of culture on individual's financial decisions. We aim to investigate how the strength of social norms and the tolerance for deviant behavior influence stock liquidity. Using a panel of 26 devel...

Publication Type: Academic Journal

Source(s): Journal of Economic Growth. Jun2023, Vol. 28 Issue 2, p297-336. 40p.

Abstract: Using panel analysis for a large cross-section of countries, we find that liquidity creation by banks is positively associated with economic growth at country and industry levels. Liquidity creation boosts tangible, but not intangible investment and do...

Publication Type: Academic Journal

Source(s): Indonesian Journal of Multidisciplinary Science. Feb2023, Vol. 2 Issue 5, p2395-2410. 16p.

Publication Type: Academic Journal

Source(s): Journal of Financial & Quantitative Analysis. Nov2022, Vol. 57 Issue 7, p2693-2723. 31p.

Abstract: We solve a flexible model that captures transactions costs and infrequencies of trading opportunities for illiquid assets to better understand the shadow costs of illiquidity for different origins of asset illiquidity and heterogeneous investor types. ...