Equilibrium theory of stock market crashes
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DOI: 10.1016/j.jedc.2015.08.004
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- Isaenko, Sergey, 2023. "Transaction costs, frequent trading, and stock prices," Journal of Financial Markets, Elsevier, vol. 64(C).
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More about this item
Keywords
General equilibrium; Financial crisis; Liquidity; Transaction costs;All these keywords.
JEL classification:
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
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