Estimating the effect of liquidity risk on risk premia: An analysis of the Philippine equity market for the years, 1989-2012
The liquidity preference theory of market prices states that a rational investor would be willing to pay more for a more liquidity asset and would require a significant premium before opting to buy one that is less liquid. Previous studies on the effects of undiversifiable risk on the risk premium c...
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| Main Authors: | , , , |
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| Format: | text |
| Language: | English |
| Published: |
Animo Repository
2014
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| Subjects: | |
| Online Access: | https://animorepository.dlsu.edu.ph/etd_bachelors/9022 |
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| Institution: | De La Salle University |
| Language: | English |