@techreport{NBERw10994,
 title = "Explaining the Magnitude of Liquidity Premia: The Roles of Return Predictability, Wealth Shocks and State-Dependent Transaction Costs",
 author = "Anthony W. Lynch and Sinan Tan",
 institution = "National Bureau of Economic Research",
 type = "Working Paper",
 series = "Working Paper Series",
 number = "10994",
 year = "2004",
 month = "December",
 URL = "http://www.nber.org/papers/w10994",
}