---
title: Impact of Liquidity Shocks on Asset Returns
url: https://www.ml-quant.com/papers/ssrn/4755434/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 4755434
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4755434
featured: 2024-03-13
citations: unknown
topic: Trading, 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.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4755434
- Identifier: SSRN 4755434
- Released: 2022-08-10
- First featured: Quant Letter No. 40 (2024-03-13): https://www.ml-quant.com/issues/2024-03-13/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Trading, Microstructure & Execution

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