Liquidity and congestion
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Note: For a published version of this report, see Gara M. Afonso, "Liquidity and Congestion," Journal of Financial Intermediation 20, no. 3 (July 2011): 324-60.
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- Afonso, Gara, 2011. "Liquidity and congestion," Journal of Financial Intermediation, Elsevier, vol. 20(3), pages 324-360, July.
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More about this item
Keywords
asset pricing; congestion; search; liquidity;All these keywords.
JEL classification:
- D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DGE-2008-11-04 (Dynamic General Equilibrium)
- NEP-MST-2008-11-04 (Market Microstructure)
Statistics
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