Concepedia

From Cash-in-the-Market Pricing to Financial Fragility

Franklin Allen, Douglas Gale

Journal of the European Economic Association · 2005 · 154 citations · 6 references

Concepts

BusinessFinanceFinancial ManagementAsset PricingFinancial EconomicsFinancial MarketsCapital MarketsFinancial CrisesFinancial RiskLiquidity RiskMarket LiquidityMarket RiskCash Value PricingEquilibrium Asset PricingFinancial Market FragilityInvestor Response To Market FailurePricing To Market

Abstract

We review some recent research that explores the relationship between asset-price volatility and financial fragility when markets and contracts are incomplete.

References

6