We examine the effects of active option trading on stock market liquidity during the COVID-19 lockdown, in connection with the rapidly growing retail trading activities in this episode. We find that stocks with actively traded options experience less deterioration in liquidity relative to their...

The UK’s withdrawal from the EU will have far-reaching consequences on the European economy. However, the ultimate consequences of Brexit, especially for financial markets, depend on the final agreement, which is still under negotiation. Currently, regulated financial services can be provided...

Measures of Active Labor Market Policy are widely used in European countries, but despite many econometric evaluation studies no conclusive cross-country evidence exists regarding "what program works for what target group under what (economic and institutional) circumstances?". This paper...