SSRNTrading, Microstructure & Execution
Impact of Liquidity Shocks on Asset Returns
The article disputes common models of flight-to-liquidity shocks, arguing that the post-2010 fall in the natural rate was due to a slowdown in productivity growth, not liquidity shocks.
Featured in No. 40 on 13 Mar 2024 ·
- Released
- 10 Aug 2022
- First featured
- No. 40 · 13 Mar 2024
- Published in
- Not yet, as far as Semantic Scholar knows
- Shares when featured
- 2
- Identifier
- SSRN 4755434
Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).