---
title: Liquidity and Fundamental Risks in a Search Economy
url: https://www.ml-quant.com/papers/ssrn/4610562/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 4610562
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4610562
featured: 2023-10-25
citations: 0
topic: Trading, Microstructure & Execution
---


# Liquidity and Fundamental Risks in a Search Economy

The paper indicates that liquidity can affect a firm's decision to default and cause price spirals, highlighting the link between liquidity and fundamental risks in asset pricing.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4610562
- Identifier: SSRN 4610562
- Released: 2023-10-23
- First featured: Quant Letter No. 23 (2023-10-25): https://www.ml-quant.com/issues/2023-10-25/
- Citations (Semantic Scholar): 0
- Published in: not yet
- Topic: Trading, Microstructure & Execution

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