Journal of Banking & Finance Vol. 184 2026

Can the bid–ask spread explain the trend in aggregate idiosyncratic variance?

David A. Lesmond¹; Xuhui (Nick) Pan²

¹ Tulane University · ² University of Oklahoma

DOI

10.1016/j.jbankfin.2025.107622

Volume

184

Pages

107622

Language

en

Sources

semanticscholar openalex crossref

Cite

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