Posted versus effective spreads *1: Good prices or bad quotes?

A-Tier

Journal: Journal of Financial Economics

Year: 1994

Volume: 35

Issue: 3

Pages: 269-292

Authors (2)

Petersen, Mitchell A. (Northwestern University) Fialkowski, David (not in RePEc)

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count