Learning by Holding and Liquidity

A number of assets do not trade publicly but are sold to a restricted group of investors who subsequently receive private information from the issuers. Thus, the holders of such privately placed assets learn more quickly about their assets than other agents. This paper studies the pricing implicatio...

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Bibliographic details
Volume: 76
Main Author: Plantin, Guillaume
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: MALDEN Wiley-Blackwell 01.01.2009
Review of Economic Studies Ltd., Blackwell Publishing
WILEY-BLACKWELL PUBLISHING, INC
Wiley Subscription Services, Inc
published in: The Review of economic studies Vol. 76; no. 1; pp. 395 - 412
Data of publication: 2009-01
ISSN: 0034-6527
1467-937X
EISSN: 1467-937X
Discipline: Economics
Subjects:
G23
G11
D83
D82
Online Access: Fulltext
Database: Istex
Web of Knowledge
Social Sciences Citation Index
Web of Science
Web of Science - Social Sciences Citation Index - 2009
CrossRef
Academic OneFile (A&I only)
Database information Databases - DBIS