This paper examines the determinants of the "bid-asked" spread on the Canadian option market and evaluates their relative importance. It also sheds some light on the interrelationship between the "bid-asked" spread of options and that of their underlying securities in order to determine if the...

No abstract received.

This paper tests money-output causality and non-neutrality in five African countries, all members of the West African Monetary Union, using quarterly data for the period 1964 to 1993 and applying recent robust cointegration and dynamic modelling techniques. The real exchange rate, the price...