Inferring the Components of the Bid-Ask Spread: Theory and Empirical Tests

• 1 March 1989
• journal article
• Published by JSTOR in The Journal of Finance
• Vol. 44  (1) , 115-134
• https://doi.org/10.2307/2328278

Abstract

Keywords

• ASK SPREAD
• TRANSACTION
• STOCKS
• EMPIRICAL TESTS
• SERIAL COVARIANCE
• PRICE
• QUOTED BID