Liquidity crisis
Автор:
Jesse Russell,Ronald Cohn, 100 стр., издатель:
"Книга по Требованию", ISBN:
978-5-5147-4057-4
High Quality Content by WIKIPEDIA articles! In financial economics, liquidity is a catch-all term that may refer to several different yet closely related concepts. Among other things, it may refer to Asset Market liquidity (the ease with which an asset can be converted into a liquid medium e.g. cash); Funding liquidity (the ease with which borrowers can obtain external funding) Balance Sheet or Accounting liquidity (the health of an institution’s balance sheet measured in terms of its cash-like assets). Additionally, some economists define a market to be liquid if it can absorb liquidity - trades (sale of securities by investors to meet sudden needs for cash) without large changes in price. Liquidity Crisis refers to drying up of liquidity, which could reflect a fall in asset prices below their long run fundamental price; or deterioration in external financing conditions; or a reduction in the number of market participants or simply difficulty in trading assets. Данное издание...