Kharma, Céline; Delalay, Sylvain - In: Essays on exchange traded funds, market quality and …, (pp. 1-35). 2018
The first paper is co-authored with Sylvain Delalay. We examine the impact of competition between ETFs on measures of … quality measures when competition increases within a group. However, we find that competition has a differential impact on … ETFs according to their size and performance. For large or well-performing ETFs, increased competition improves market …