Add to ORKGYaron Leitner discusses liquidity, a desirable feature of a well-functioning market. In "Liquidity and Exchanges, or Contracting with the Producers," Leitner explains how exchanges can provide liquidity. He also discusses his recent research, which explains some contractual problems that may arise in very liquid markets, as well as the potential role of an exchange in overcoming these problems.Liquidity (Economics)
We study why many financial markets voluntarily employ contracts by which a “designated market maker...
We provide a model that links an asset's market liquidity -i.e., the ease with which it is trad...
Early literature focused solely on risk’s role in asset pricing. Involving liquidity helps explain u...
The thesis investigates information and liquidity provision in financial markets. I explore the impl...
Liquidity, often defined as the ability of markets to absorb large transactions without much effect ...
We provide a model that links an asset's market liquidity; i.e., the ease with which it is traded; a...
We provide a model that links an asset’s market liquidity (i.e., the ease with which it is traded) a...
The costs of implementing investment strategies represent a significant drag on the performance of m...
Market structure concerns the mechanisms for negotiating trades and the composition of trading parti...
We review the theories on how liquidity affects the required returns of capital assets and the empir...
This paper estimates a new measure of liquidity costs in a market driven by orders. It represents th...
The purpose of the financial system is to provide a service to its end-users, savers and investors. ...
We address the mechanism design problem of an exchange setting suitable make-take fees to attract li...
We study how trading frictions in asset markets affect the distribution of asset holdings, asset pri...
This dissertation investigates the economics of liquidity and price discovery in derivatives markets...
We study why many financial markets voluntarily employ contracts by which a “designated market maker...
We provide a model that links an asset's market liquidity -i.e., the ease with which it is trad...
Early literature focused solely on risk’s role in asset pricing. Involving liquidity helps explain u...
The thesis investigates information and liquidity provision in financial markets. I explore the impl...
Liquidity, often defined as the ability of markets to absorb large transactions without much effect ...
We provide a model that links an asset's market liquidity; i.e., the ease with which it is traded; a...
We provide a model that links an asset’s market liquidity (i.e., the ease with which it is traded) a...
The costs of implementing investment strategies represent a significant drag on the performance of m...
Market structure concerns the mechanisms for negotiating trades and the composition of trading parti...
We review the theories on how liquidity affects the required returns of capital assets and the empir...
This paper estimates a new measure of liquidity costs in a market driven by orders. It represents th...
The purpose of the financial system is to provide a service to its end-users, savers and investors. ...
We address the mechanism design problem of an exchange setting suitable make-take fees to attract li...
We study how trading frictions in asset markets affect the distribution of asset holdings, asset pri...
This dissertation investigates the economics of liquidity and price discovery in derivatives markets...
We study why many financial markets voluntarily employ contracts by which a “designated market maker...
We provide a model that links an asset's market liquidity -i.e., the ease with which it is trad...
Early literature focused solely on risk’s role in asset pricing. Involving liquidity helps explain u...