Liquidity as a factor: theoretical and empirical overview

Atzeri Busanca, Giulia (A.A. 2021/2022) Liquidity as a factor: theoretical and empirical overview. Tesi di Laurea in Asset pricing, Luiss Guido Carli, relatore Nicola Borri, pp. 55. [Master's Degree Thesis]

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The concept of liquidity. Market liquidity. Structure of different financial markets. Symptoms of market liquidity. Symptoms of market illiquidity. Spotlight on liquidity risk. Definition and different types of liquidity risk. Liquidity risk in turbulent times. Investing in illiquid assets. Illiquidity in expected returns. Diversification and optimal allocation in illiquid assets. Analyzing liquidity as an investment style. Data description. Methodology. Key findings. Comparison with existing study.


Bibliografia: pp. 51-54.

Thesis Type: Master's Degree Thesis
Institution: Luiss Guido Carli
Degree Program: Master's Degree Programs > Master's Degree Program in Economics and Finance (LM-56)
Chair: Asset pricing
Thesis Supervisor: Borri, Nicola
Thesis Co-Supervisor: Lippi, Francesco
Academic Year: 2021/2022
Session: Summer
Deposited by: Alessandro Perfetti
Date Deposited: 04 Oct 2022 07:43
Last Modified: 04 Oct 2022 07:43


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