Kharma, Céline; Delalay, Sylvain - In: Essays on exchange traded funds, market quality and …, (pp. 1-35). 2018
ETFs according to their size and performance. For large or well-performing ETFs, increased competition improves market … quality, whereas for small or under-performing ETFs, market quality is negatively affected by competition. The gold market was …The first paper is co-authored with Sylvain Delalay. We examine the impact of competition between ETFs on measures of …