11-029/2 - Search Frictions and the Liquidity of Large Blocks of Shares


  • Authors
    Rui Albuquerque, Boston University School of Management, ECGI, and CEPR; Enrique Schroth, University of Amsterdam
  • Publication date
    February 11, 2011
  • Keywords
    Block pricing, marketability discount, liquidity, control transactions, search frictions, structural estimation
  • JEL
    G34