Market Liquidity: Theory, Evidence, and Policy - Hardcover

Foucault, Thierry; Pagano, Marco; Roell, Ailsa

Hardcover

ISBN 10: 0199936242 ISBN 13: 9780199936243

Publisher: OUP USA, 2013

Synopsis

Rare Book

About this title

Review:

Market Liquidity by Professors Foucault, Pagano and Roell is a wonderful addition to the literature on how markets work; why, sometimes, they don't work as we might wish; and how this affects regulation and corporate decision making. The book is rich in detail, covering the institutional structure of financial markets and the economic and statistical models we use to understand them. While structured as a textbook, it can be read in different ways. Those less interested in the mathematical details will profit from the beautifully written description of the models, some of which are new, and their economic lessons. (Lawrence R. Glosten, S. Sloan Colt Professor of Banking and International Finance, Columbia University)

About the Author:

Thierry Foucault is Professor of Finance, HEC Paris International Business School. Marco Pagano is Professor of Economics, University of Naples Federico II. Ailsa Roëll is Professor of International and Public Affairs, Columbia University.

About this edition

• Publisher: OUP USA
• Publication date: 2013
• ISBN 10: 0199936242
• ISBN 13: 9780199936243
• Binding: Hardcover
• Number of pages: 424