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Is market liquidity less resilient after the financial crisis? Evidence for US Treasuries()
Understanding market liquidity resilience, i.e. the capacity of liquidity to absorb shocks, of United States Treasuries is crucial from a financial stability standpoint. The conventional resilience measure has limitations due to the use of the liquidity level. We propose a new complementary approach...
| Autores principales: | , |
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
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Elsevier B.V.
2020
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| Materias: | |
| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7455177/ https://www.ncbi.nlm.nih.gov/pubmed/32904441 http://dx.doi.org/10.1016/j.econmod.2020.08.001 |