Elyasiani, Elyas; Hauser, Shmuel; Lauterbach, Beni - In: The Financial Review 35 (2000) 1, pp. 1-14
The study examines a sample of 895 stocks that moved from Nasdaq to the New York Stock Exchange or to the American Stock Exchange between 1971 and 1994. We show how various measures of liquidity such as the bid-ask spread, trading volume, and stock price precision improve in somewhat different...
