It takes the average reader 1 hour and 52 minutes to read Liquidity and Asset Prices by Yakov Amihud
Assuming a reading speed of 250 words per minute. Learn more
Liquidity and Asset Prices reviews the literature that studies the relationship between liquidity and asset prices. The authors review the theoretical literature that predicts how liquidity affects a security's required return and discuss the empirical connection between the two. Liquidity and Asset Prices surveys the theory of liquidity-based asset pricing followed by the empirical evidence. The theory section proceeds from basic models with exogenous holding periods to those that incorporate additional elements of risk and endogenous holding periods. The empirical section reviews the...
Liquidity and Asset Prices by Yakov Amihud is 109 pages long, and a total of 28,231 words.
This makes it 37% the length of the average book. It also has 35% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 2 hours and 34 minutes to read Liquidity and Asset Prices aloud.
Liquidity and Asset Prices is suitable for students ages 10 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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