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This paper examines market liquidity in the post-crisis era in light of concerns that regulatory changes might have reduced dealers' ability and willingness to make markets. We begin with a discussion of the broader trading environment, including an overview of regulations and their potential...
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Against the background of growing discontent over excessive leniency of US and EU competition policy, this article … policy co-responsible for the late 2000s global crisis. The prevailingly anti-interventionist worldview of competition … practitioners working as industry representatives threatens to disproportionately affect the mindset of competition officials …
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It is commonly argued that crises open up a window of opportunity to implement policies that otherwise would not have the necessary political backing. The argument goes that the political cost of deep reforms declines as crises unravel structural problems that need to be urgently rectified and...
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