Journals Higher Education



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Published: 13 January 2011

720 Pages | 59 line drawings


ISBN: 9780195390704

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Liquidity and Crises

Edited by Franklin Allen, Elena Carletti, Jan Pieter Krahnen, and Marcel Tyrell

  • Comprehensive collection of recent papers on the economics of market liquidity, written by the leading theoreticians in the world
  • Shows the struggle among economists to understand the determinants of liquidity in markets, the lack of which is seen by many as one of the major challenges for financial economics after the current crisis
  • Not just one person's view on the subject as most of the competing books are. Instead it includes the leading theories of liquidity as they relate to financial crises

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