Dynamic Adverse Selection: A Theory of Illiquidity, Fire Sales, and Flight to Quality

By Veronica Guerrieri, Robert Shimer. 2014

233 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/9ab91379b9fa4bae80f809c8e8b24820af82aba0

Citations in the corpus

• Do Dark Pools Harm Price Discovery (2013, unknown): “24 In a recent model by Guerrieri and Shimer (2012), investors trade multiple assets with different qualities, but each type of asset only trades in one market; in my model, investors separate with a single asset by trading on different venues.”