Liquidity and Financial Market Runs

DOI10.1162/003355304772839542zbMath1096.91503OpenAlexW2118624385MaRDI QIDQ4471247

Ivo Welch, Antonio E. Bernardo

Publication date: 18 June 2004

Published in: The Quarterly Journal of Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1162/003355304772839542

zbMATH Keywords

liquidity shocksmarginal postrun price

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26)

Related Items (5)

Quantifying and understanding the economics of large financial movements ⋮ Endogenous Inverse Demand Functions ⋮ Market liquidity and excess volatility: theory and experiment ⋮ How do volatility regimes affect the pricing of quality and liquidity in the stock market? ⋮ Crises and liquidity in over-the-counter markets

This page was built for publication: Liquidity and Financial Market Runs