This paper examines the consequences of the 2015 reform on the London fixing in the interbank forex market, which … behavior after the reform, and the volume spike in the fixing window disappeared. However, the anomalies on price dynamics … to examine the efficiency of banks' behavior after the reform. The volume pattern during the fixing time window suggests …

This paper examines the consequences of the 2015 reform on the London fixing in the interbank forex market, which … behavior after the reform, and the volume spike in the fixing window disappeared. However, the anomalies on price dynamics … to examine the efficiency of banks' behavior after the reform. The volume pattern during the fixing time window suggests …

quasi-experimental setting, exploiting a reform that introduced unjust-dismissal costs in Italy for firms below 15 employees … and left firing costs unchanged for bigger firms. Accounting for the endogeneity of the treatment status, we find that …

To what extent do car buyers undervalue future fuel costs, and what does this imply for the effectiveness of … prices by engine type. We find there is only modest undervaluation of fuel costs. As a consequence, fuel taxes are …