๐”– Bobbio Scriptorium
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Earnings management and market liquidity

โœ Scribed by Asli Ascioglu; Shantaram P. Hegde; Gopal V. Krishnan; John B. McDermott


Publisher
Springer US
Year
2011
Tongue
English
Weight
279 KB
Volume
38
Category
Article
ISSN
0924-865X

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๐Ÿ“œ SIMILAR VOLUMES


A realistic model of market liquidity an
โœ Vassilis Polimenis ๐Ÿ“‚ Article ๐Ÿ“… 2005 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 146 KB

A model that realistically defines market liquidity and depth is introduced. Liquidity is the expected rate of order execution in shares per minute. Depth is the average density of the limit order book in shares per dollar. Illiquid markets tend to exhibit longer execution delays and indirectly high