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Keywords: Flight to liquidity
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Journal Articles
Journal:
China Finance Review International
China Finance Review International (2014) 4 (1)
Published: 11 February 2014
... Keywords: Endogenous trading cost, Flight to liquidity, Flight to quality, Investment horizon, Investments, Investor heterogeneity, Stock markets, USA Xin Chen and Xian Chen This article originally appeared in Volume 2 Number 4, 2012, China Finance Review International...
Journal Articles
Flight to liquidity due to heterogeneity in investment horizon
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Journal:
China Finance Review International
China Finance Review International (2012) 2 (4): 316–350.
Published: 17 August 2012
...Qin Lei; Xuewu Wang Purpose The purpose of this paper is to provide some rational perspectives for the flight‐to‐liquidity event rather than simply attributing it to the change in investor sentiment. Design/methodology/approach The paper builds a model to highlight the inherent difference...
