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Keyword: liquidity;
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Vincent Vandenberghe
There is plenty of evidence across the EU to suggest that young people from poorer backgrounds are less likely to attend tertiary education than their better-off peers. This correlation is often used to justify monetary ...Read more...
June 2007
Bruno Biais and Thomas Mariotti
We study how securities and trading mechanisms can be designed to optimally mitigate the adverse impact of market imperfections on liquidity. Asset owners seek to obtain liquidity by selling their claims on future cash-f...Read more...
January 2003