Showing 1 - 10 of 3,547
Persistent link: https://www.econbiz.de/10011336803
We study empirically how competition among high-frequency traders (HFTs) affects their trading behavior and market …-frequency competition, and contains an exogenous event - a tick size reform - which we use to disentangle the effects of the rising share of … high-frequency trading in the market from the effects of high-frequency competition. We find that when HFTs compete, their …
Persistent link: https://www.econbiz.de/10012016546
In this study, we examine the influence of competitiveness on the stability of labour relations using the example of premature employment and training contract termination in the apprenticeship education sector. The paper extends the small but growing evidence on the external relevance of...
Persistent link: https://www.econbiz.de/10012607783
In this study, we examine the influence of competitiveness on the stability of labour relations using the example of premature employment and training contract termination in the apprenticeship education sector. The paper extends the small but growing evidence on the external relevance of...
Persistent link: https://www.econbiz.de/10013214530
Although market concentration is one of the main impediments to productivity growth globally, data constraints have limited its analysis to developed countries or cross-country studies based on definitions of market concentration across nations and industries. This paper takes advantage of a...
Persistent link: https://www.econbiz.de/10012836579
Does greater product market competition improve external competitiveness and growth? This paper examines this question … emerging market economies and developing countries, and finds that an improvement in domestic competition is associated with a … productivity growth. Price levels, including of essential items, are also generally lowered with an increase in competition …
Persistent link: https://www.econbiz.de/10012839680
This paper studies the macroeconomic effect and underlying firm-level transmission channels of a reduction in business entry costs. We provide novel evidence on the response of firms' entry, exit, and employment decisions. To do so, we use as a natural experiment a reform in Portugal that...
Persistent link: https://www.econbiz.de/10012843501
delay. However, only the top gatekeeper artificially delays matches to increase competition, a prediction that matches …
Persistent link: https://www.econbiz.de/10012852213
concentrated markets. In this paper the Panzar-Rosse approach is used to assess competition of banking sectors in CEE. By using … competition-stability trade-off …
Persistent link: https://www.econbiz.de/10012929964
but they fail to capture the dynamics of competition between coalitions. For the same level of concentration, competition … UK, which might indicate a lower degree of competition in the former. We also find that syndicates are significantly more …
Persistent link: https://www.econbiz.de/10013226006