Illiquidity Contagion and Liquidity Crashes

215 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Where the Risks Lie: A Survey on Systemic Risk (2017, unknown): “context, Cespa and Foucault (2014) show that market illiquidity itself is contagious, so that”
Understanding FX Liquidity (2015, background): “Cespa and Foucault (2014) show that funding constraints for dealers in one asset can propagate to other assets and decrease market liquidity.”
Capital Commitment and Illiquidity in Corporate Bonds (2017, unknown): “O’Hara, Wang, and Zhou (2015) show that more active insurance companies receive better transaction prices for trades than less active insurance companies, particularly when the insurance company trades with the dominant dealer in the bond.”
Speculation and Hedging in Segmented Markets (2014, background): “Recently, Cespa and Foucault (2012) use a setting similar to ours (but without L-traders) to study how learning across segmented markets can generate liquidity comovement.”