Thierry Foucault: 1 book

Book cover of Market Liquidity

Market Liquidity

Theory, Evidence, and Policy

by Thierry Foucault, Marco Pagano, Ailsa Röell
Language: English
Release Date: February 25, 2013

The way in which securities are traded is very different from the idealized picture of a frictionless and self-equilibrating market offered by the typical finance textbook. Market Liquidity offers a more accurate and authoritative take on liquidity and price discovery.
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