An Econometric Analysis for the Bid-Ask Spread in the Emerging Chilean Capital Market
The purpose of this paper is to show that different methods for calculating the spread (Bid-Ask) and the methods for annualizing intra-day data affect the results of econometric models. To achieve our goal, we analyze different econometric models in the context of: i) the International Financial...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
University of Warsaw
2017-05-01
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| Series: | Journal of Banking and Financial Economics |
| Subjects: | |
| Online Access: | https://press.wz.uw.edu.pl/cgi/viewcontent.cgi?article=1070&context=jbfe |