Research Discussion Paper – RDP 8707 Asymmetric Information and Bid-Ask Spreads in the Eurocurrency Markets
October 1987
- Abstract
- Download the Paper 591KB
Contents
- Introduction
- The Model
- Equilibrium
- A Numerical Example
- Empirical Implications and Results
- Conclusions
- References
- Technical Appendices
Endnote
I wish to thank David Webb, Charles Bean, Warwick McKibbin and Rob Trevor for their comments on earlier drafts. The views expressed herein do not necessarily reflect those of the Reserve Bank of Australia. [*]