0156101 - NHU-N 20033025 RIV US eng J - Článek v odborném periodiku
Hanousek, Jan - Podpiera, R.
Informed trading and the bid-ask spread: evidence from an emerging market.
Journal of Comparative Economics. Roč. 31, č. 2 (2003), s. 275-296. ISSN 0147-5967. E-ISSN 1095-7227
Grant CEP: GA MŠMT ME 595
Výzkumný záměr: CEZ:AV0Z7085904
Klíčová slova: market microstructure * bid-ask spread * informed trading
Kód oboru RIV: AH - Ekonomie
Impakt faktor: 0.746, rok: 2003
DOI: https://doi.org/10.1016/S0147-5967(03)00044-1

The bid-ask spread affects significantly the performance of financial markets. We explore the impact of informed trading on the composition of the bid-ask spread in high frequency data from the Czech equity market, which has been plagued by informed trading due to insufficient regulation and missing institutions.
Trvalý link: http://hdl.handle.net/11104/0053568