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Asset pricing and the bid-ask spread
Journal of Financial Economics · 1986 · Vol. 17(2) · pp. 223–249
Yakov Amihud✉(New York University)Haim Mendelson(University of Rochester)
Financial Markets and Investment StrategiesCorporate Finance and GovernanceAuditing, Earnings Management, GovernanceBid–ask spreadBid priceEconometricsAsk priceCapital asset pricing modelConsumption-based capital asset pricing modelFinancial economicsEconomicsAsset (computer security)Arbitrage pricing theory
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References
The Cost of Transacting
The Quarterly Journal of Economics · 1968 · 1,902 citations
Risk, Return, and Equilibrium: Empirical Tests
Journal of Political Economy · 1973 · 14,974 citations
The relationship between return and market value of common stocks
Journal of Financial Economics · 1981 · 6,072 citations
DEBT AND TAXES*
The Journal of Finance · 1977 · 2,967 citations
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