This paper examines the price impact and the predictability of the exchange rate movement using the transaction data … contemporaneous impact of order flows on the quote and deal prices are analyzed. Second, the price predictability is examined. Our …-statistics become larger as the prediction window becomes shorter. Price impacts of deals at one side of the market are significant but …

Sellers in eBay auctions have the opportunity to choose both a public minimum bid amount and a secret reserve price. We …, deterring serious bidders from entering the auction, and lowering the expected transaction price of the auction. We also present …

rate. Multiple margins of adjustment (frequency of price changes, direction of price changes, size of price changes, exit … our dataset to show that degree of competition, stickiness of prices, synchronization of price changes, reputation of … sellers, and returns to search effort are important determinants of pass-through and speed of price adjustment for …

Regulators around the world are discussing, or taking action to limit, self-preferencing by large platforms. This paper …