Is their any empirical study which proves there is some correlation between individual stock liquidity & bid ask spread.
Is their any empirical study which proves there is some correlation between individual stock liquidity & bid ask spread. • Please see “On the Estimation of Bid-Ask spreads: Theory and Evidence” (Choi, Salandro and Shastri, 1988). This is what we do. If you need help on your research or some insights into what we’ve found …
