Markets work best when many companies vie for customers’ favour. They work badly when a few firms dominate, carving up sales between them. Economists therefore need a measure of whether markets are ...

Is it a surprise that all of the countries with sizable stock markets are also wealthy economies? Or do stock markets make economies better? Intuitively, efficient financial markets should help ...

The markets have experienced a week filled with cautious observation and data releases that could shape economic decisions in the near term. Several key events have captured the attention of investors ...