05284nam 22007933u 450 991046229700332120210112195212.01-316-08866-91-139-56384-X1-139-54899-90-511-84439-51-139-55520-01-139-55395-X1-139-55149-3(CKB)2670000000270083(EBL)989093(OCoLC)817928924(SSID)ssj0000758239(PQKBManifestationID)11414286(PQKBTitleCode)TC0000758239(PQKBWorkID)10780619(PQKB)10314793(MiAaPQ)EBC989093(EXLCZ)99267000000027008320130418d2012|||| u|| |engur|n|---|||||txtccrMarket Liquidity[electronic resource] Asset Pricing, Risk, and CrisesCambridge Cambridge University Press20121 online resource (294 p.)Description based upon print version of record.0-521-19176-9 Cover; MARKET LIQUIDITY; Title; Copyright; Contents; Acknowledgments; Introduction and Overview of the Book; PART I: THE EFFECT OF LIQUIDITY COSTS ON SECURITIES PRICES AND RETURNS; Introduction and Overview; CHAPTER 1 Asset Pricing and the Bid-Ask Spread; Summary and Implications; Asset Pricing and the Bid-Ask Spread*; 1. Introduction; 2. A Model of the Return-Spread Relation; 3. Empirical Tests; 3.1. The Data and the Derivation of the Variables; 3.2. Test Methodology; 3.3. The Results; 4. Firm Size, Spread and Return; 5. Conclusion; ReferencesCHAPTER 2 Liquidity, Maturity, and the Yields on U.S. Treasury SecuritiesSummary and Implications; Liquidity, Maturity, and the Yields on U.S. Treasury Securities; I. Liquidity and the U.S. Government Securities Market; II. Empirical Tests; A. The Data; B. The Liquidity Effect; C. Maturity Effects; III. Arbitrage Opportunities; IV. Concluding Remarks; References; CHAPTER 3 Market Microstructure and Securities Values: Evidence from the Tel Aviv Stock Exchange; Summary and Implications; Market Microstructure and Securities Values Evidence from the Tel Aviv Stock Exchange; 1. Introduction2. Trading Mechanisms on the Tel Aviv Stock Exchange2.1. The Call Method; 2.2. The Variable Price Method; 2.3. Transfer Procedure; 3. Methodology and Empirical Results; 3.1. The Data; 3.2. Cumulative Abnormal Returns; 3.3. Liquidity Externalities; 3.4. Liquidity, Efficiency and the Trading Mechanism; 3.4.1. Liquidity; 3.4.2. Efficiency; 3.4.3. The Interaction of Liquidity and Efficiency Improvements; 4. Conclusions; References; PART II: LIQUIDITY RISK; Introduction and Overview; CHAPTER 4 Illiquidity and Stock Returns:Cross-Section and Time-Series Effects; Summary and ImplicationsIlliquidity and Stock Returns Cross-Section and Time-Series Effects1. Introduction; 2. Cross-Section Relationship Between Illiquidity and Stock Return; 2.1. Measures of Illiquidity; 2.2. Empirical Methodology; 2.3. Stock Characteristics; 2.3.1. Liquidity Variables; 2.3.2. Risk Variables; 2.3.3. Additional Variables; 2.4. Cross-Section Estimation Results; 3. The Effect Over Time of Market Illiquidity on Expected Stock Excess Return; 3.1. Estimation Procedure and Results; 3.2. Market Illiquidity and Excess Returns on Size-Based Portfolios3.3. Monthly Data: The Effect of Illiquidity on Stock Excess Returns3.4. Illiquidity Effect, Controlling for the Effects of Bond Yield Premiums; 4. Summary and Conclusion; References; CHAPTER 5 Asset Pricing with Liquidity Risk; Summary and Implications; Asset Pricing with Liquidity Risk; 1. Introduction; 2. Assumptions; 3. Liquidity-Adjusted Capital Asset Pricing Model; 3.1. Three Liquidity Risks; 3.2. Implications of Persistence of Liquidity; 3.3. An Unconditional Liquidity-Adjusted CAPM; 4. Empirical Results; 4.1. The Illiquidity Measure; 4.2. Portfolios; 4.3. Innovations in Illiquidity4.4. Liquidity RiskThis book explores the effect of liquidity on asset prices, liquidity variations over time and how liquidity risk affects prices.Assets (Accounting) -- Econometric modelsLiquidity (Economics) -- Econometric modelsLiquidity (Economics)Markets -- Econometric modelsSecurities -- PricesLiquidity (Economics)PricesSecuritiesElectronic books.Assets (Accounting) -- Econometric models.Liquidity (Economics) -- Econometric models.Liquidity (Economics).Markets -- Econometric models.Securities -- Prices.Liquidity (Economics)PricesSecurities332.63/222332.63222Amihud Yakov1947-985795Mendelson Haim985796Pedersen Lasse Heje985797AU-PeELAU-PeELAU-PeELBOOK9910462297003321Market Liquidity2253144UNINA03729nam 2200613 450 991081368830332120220404192056.00-231-54398-010.7312/luck17702(CKB)3710000001040909(DE-B1597)480272(OCoLC)979683335(DE-B1597)9780231543989(Au-PeEL)EBL5275999(CaPaEBR)ebr11529492(MiAaPQ)EBC5275999(EXLCZ)99371000000104090920180404h20172017 uy 0engurcnu||||||||rdacontentrdamediardacarrierThe Japanese and the war from expectation to memory /Michael Lucken ; translated by Karen GrimwadeNew York :Columbia University Press,2017.©20171 online resource (376 pages) illustrationsAsia Perspectives : History, Society and CultureIncludes index.0-231-17702-X Frontmatter --Contents --Acknowledgments --A Note on Names --Introduction --1 The Nation out to Conquer --2 A Totalitarian Dynamic, 1940-1945 --3 The Meaning of the War --4 Heroes and the Dead --5 Fear and Destruction --6 Postwar Complexities --7 The American Occupation, or the Present Versus the Past --8 The Plurality of History --9 Individual Conscience and Collective Inertia --10 Memory and Religion --11 From Monument to Museum --Conclusion --Notes --IndexMemories of World War II exert a powerful influence over Japan's culture and society. In The Japanese and the War, Michael Lucken details how World War II manifested in the literature, art, film, funerary practices, and education reform of the time. Concentrating on the years immediately before and after (1937 to 1952), Lucken explores the creation of an idea of Japanese identity that still resonates in everything from soap operas to the response to the Fukushima nuclear disaster.Lucken defines three distinct layers of Japan's memory of World War II: the population's expectations at the beginning, the trauma caused by conflict and defeat, and the politics of memory that arose after Japan lost to the Allied powers. Emphasizing Japanese-language sources, Lucken writes a narrative of the making of Japanese cultural memory that moves away from Western historical modes and perspectives. His approach also paints a new portrait of the U.S. occupation, while still maintaining a cultural focus. Lucken sets out to capture the many ways people engage with war, but particularly the full range of Japan's experiences, which, he argues, the Japanese state has yet to fully confront, leading to a range of tensions at home and abroad.World War, 1939-1945JapanHistoriographyCollective memoryJapanHistory20th centuryMemorySocial aspectsJapanHistory20th centuryWorld War, 1939-1945InfluenceWar and societyJapanHistory20th centuryJapanSocial conditions20th centuryJapanIntellectual life20th centuryWorld War, 1939-1945Historiography.Collective memoryHistoryMemorySocial aspectsHistoryWorld War, 1939-1945Influence.War and societyHistory940.5352Lucken Michael1092850Grimwade KarenMiAaPQMiAaPQMiAaPQBOOK9910813688303321The Japanese and the war4033498UNINA