articleTop 1% cited
Asset pricing with liquidity risk
Journal of Financial Economics · 2005 · Vol. 77(2) · pp. 375–410
Viral V. Acharya(London Business School)Lasse Heje Pedersen✉(Centre for Economic Policy Research)
Financial Markets and Investment StrategiesEconomic theories and modelsBanking stability, regulation, efficiencyMarket liquidityLiquidity riskLiquidity crisisLiquidity premiumAccounting liquidityCapital asset pricing modelFunding liquidityEconomicsConsumption-based capital asset pricing modelLiquidity trap
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