In this article, we consider how different dimensions of liquidity have been measured in
financial markets and for various forms of real estate investment. The purpose of this …

With the growing importance of defined contribution (DC) pension funds around the world,
concerns have arisen over their ability to provide adequate income replacement for …

So far the main body of the asset pricing literature has computed liquidity risk premia for
either markets or single assets. The vast majority of these studies have been focused on …