Cover of Thierry Foucault, Marco Pagano, Ailsa Roell: Market Liquidity

Thierry Foucault, Marco Pagano, Ailsa Roell Market Liquidity

Theory, Evidence, and Policy

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Oxford University Press

2013

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384

978-0-19-993625-0

0-19-993625-0

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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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