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We use recent European restrictions to evaluate how traders substitute across available dark pools. Our findings suggest that restricting dark trading at the most prominent platform has a detrimental effect on dark trading activity. Annual dark trading in a restricted stock decreases by more...
Persistent link: https://www.econbiz.de/10014249847
Any form of Brexit will impact heterogeneously in terms of sectors and regions on the competitiveness of firms in both the UK and Europe. The ongoing uncertainty about the conditions under which the UK will be leaving the EU, creates difficulties in structurally estimating these impacts. Using...
Persistent link: https://www.econbiz.de/10012057174
Environmental policies may have important consequences for firms' competitiveness or profit-ability. However, the empirical literature shows that hardly any statistically significant effects on firms can be detected for the European Union Emissions Trading Scheme (EU ETS). We explain why there...
Persistent link: https://www.econbiz.de/10011785693
of enforcement activity by European competition authorities in labor markets relative to the US. While enforcement action … competition enforcement in labor markets. The article identifies sectors and practices that may be scrutinized with priority by … European competition authorities and proposes a mix of enforcement, merger control and well-targeted policy and regulatory …
Persistent link: https://www.econbiz.de/10013415712
internationally comparable data. This paper reviews measurement methodologies, posits desired attributes, and presents theoretical and …
Persistent link: https://www.econbiz.de/10012316940
What is a 'sustainable nation’ and how can we identify and rank ‘sustainable nations’? Are nations producing and consuming in a sustainable way? Aggregate indicators have been proposed to answer these questions. This paper quantitatively compares three aggregate indicators of...
Persistent link: https://www.econbiz.de/10011374434
We evaluate progress in President's Johnson's War on Poverty. We do so relative to the scientifically arbitrary but policy relevant 20 percent baseline poverty rate he established for 1963. No existing poverty measure fully captures poverty reductions based on the standard that President Johnson...
Persistent link: https://www.econbiz.de/10012149105
We validate experimentally a new survey item to measure the preference for competition. The item, which measures … participants' agreement with the statement "Competition brings the best out of me", predicts individuals' willingness to compete in … predicted differences in their preference for competition: professional athletes and non-athletes. As predicted, we find that …
Persistent link: https://www.econbiz.de/10012151966