Results 171 to 180 of about 2,638 (214)

Systemic Liquidation Risk and the Diversity–Diversification Trade‐Off

Journal of Finance, 2011
This paper proposes a portfolio choice model in which investors are subject to liquidation risk and (endogenously) face higher costs in the event of joint liquidation (as was observed during the crisis of 2008 to 2009).
Wolf Wagner
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Asset Safety versus Asset Liquidity

Journal of Political Economy, 2023
Recently, a lot of attention has been paid to the role “safe and liquid assets” play in the macroeconomy. Many economists take as given that safer assets will also be more liquid, and some go a step further by practically using the two terms as synonyms.
Geromichalos, Athanasios, Herrenbrueck, Lucas, Lee, Sukjoon   +2 more
openaire   +2 more sources

Electrochemistry: Liquid assets

Nature, 2015
Flow batteries, which release electricity through fluid-based reactions, could revolutionize renewable-energy storage.
openaire   +2 more sources

The impact of institutionalized representation: creditors' committees and the resolution of corporate liquidation bankruptcies

European Journal of Law and Economics
We utilize micro-level data on corporate liquidation bankruptcies in Slovenia to conduct the first systematic quantitative investigation of the impact of creditors' committees (CCs) on liquidation bankruptcy outcomes.
Jaka Cepec, Peter Grajzl, Barbara Mörec   +2 more
exaly   +2 more sources

Liquid assets for soft electronics

Nature Materials, 2021
Liquid-metal networks have been developed that can be stretched to extreme deformations with minimal change in electrical resistance, ushering in approaches for breathable and integrated soft and stretchable electronic devices.
openaire   +2 more sources

Real Asset Liquidity and Asset Impairments

SSRN Electronic Journal, 2015
I examine how the presence of a more active (liquid) resale market for real assets influences the likelihood, timeliness, and magnitude of long-lived asset impairments. I find that firms with more liquid real assets are more likely to record an impairment both unconditionally and conditional on a signal of poor performance, consistent with an available
openaire   +1 more source

Smoothing with liquid and illiquid assets

Journal of Monetary Economics, 2003
Abstract A quantitative examination of the demand for liquid assets arising from consumption smoothing motives reveals that such demand is very low. Consumers faced with income streams calibrated to match income and unemployment data and returns and transactions costs calibrated to match US Treasury Bill data almost exclusively buy and hold illiquid ...
openaire   +1 more source

Liquid Assets, Illiquid Assets and Sunspots

SSRN Electronic Journal, 2013
In this paper, I first show that liquid assets make risk-averse agents better off by eliminating multiple equilibria and thus eliminating speculation based on nonfundamentals. I then show that illiquid assets make risk-averse agents worse off by enlarging the set of economies (or agent preferences) that give rise to sunspot equilibria.
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THE MANAGEMENT OF CORPORATE LIQUID ASSETS*

The Journal of Finance, 1963
A REVIEW OF CURRENT PRACTICE indicates that the liquid assets of corporations have generally been undermanaged as compared with other forms of assets. In this area, tradition, emotion, and conservatism for its own sake play large roles. A series of case studies and a review of the literature indicate that corporations have become highly efficient in ...
openaire   +1 more source