illiquidity asset

Hyun Shin and other scholars in academia provided early modeling of illiquidity and of the perverse effects of leverage during asset bubbles.

申贤昊以及其他学者提供了资产泡沫期间非流动性以及杠杆乖戾影响的早期模型。

Such asset classes may offer a better return simply because other investors (mutual funds, for example) are unwilling or unable to deal with illiquidity.

这类资产可能回报甚丰，原因只是其他投资者，例如共同基金，既不愿意也无能力来处理非流动性。

So illiquidity prevented asset sales rather than induced them.

因此非流动会阻止资产的卖出而不是引导。