Sahin, Goktug; Şahin, Afşin - In: Journal of risk and financial management : JRFM 16 (2023) 1, pp. 1-25
In economics, some transactions are conducted by the bid rate, and some are conducted by the ask rate. The spread between these two rates creates an essential cost and inefficiency for the economy. Taking these problems into account, the purpose of this study was to analyze the effects of...