The Power of Wishful Thinking
Tim Harford writes a great column (The Undercover Economist) for the Financial Times. This weekend's essay is titled, "Brexit and the Power of Wishful Thinking." He derives an important lesson from...
View ArticleThe Saudi Stock Exchange Announces The Publication Of The Weekly Stock Market...
The total value of shares traded for the week ending 14 July 2016 amounted to SAR 21.15 billion, decreasing by 2.61% over the previous week; while total stock market capitalization reached SAR...
View ArticleOptimal Liquidation Strategy Across Multiple Exchanges under a Jump-Diffusion...
The appearance of new trading destinations facilitates trading the same financial instrument simultaneously in different venues. To execute a large order, market participants may need to make decisions...
View ArticleHedging under generalized good-deal bounds and model uncertainty....
We study a notion of good-deal hedging, that corresponds to good-deal valuation for generalized good-deal constraints. Under model uncertainty about the market prices of risk of hedging assets, a...
View ArticleThe Oxford Olympics Study 2016: Cost and Cost Overrun at the Games....
Given that Olympic Games held over the past decade each have cost USD 8.9 billion on average, the size and financial risks of the Games warrant study. The objectives of the Oxford Olympics study are to...
View ArticleThe Political Economy of Public Debt: A Laboratory Study -- by Marco...
This paper reports the results from a laboratory experiment designed to study political distortions in the accumulation of public debt. A legislature bargains over the levels of a public good and of...
View ArticleDo tax Incentives for Research Increase Firm Innovation? An RD Design for...
We present evidence of a causal impact of research and development (R&D) tax incentives on innovation. We exploit a change in the asset-based size thresholds for eligibility for R&D tax...
View ArticlePersistent Social Networks: Civil War Veterans who Fought Together Co-Locate...
At the end of the U.S Civil War, veterans had to choose whether to return to their prewar communities or move to new areas. The late 19th Century was a time of sharp urban growth as workers sought out...
View ArticleNo Pain, No Gain: The Effects of Exports on Effort, Injury, and Illness -- by...
Increased job effort can raise productivity and income but put workers at increased risk of illness and injury. We combine Danish data on individuals' health with Danish matched worker-firm data to...
View ArticleJim Iorio Has Joined EBS BrokerTec As Global Head Of Sales - Jim Will Be A...
EBS BrokerTec, ICAP's market-leading electronic foreign exchange (FX) and fixed income business, announces today that Jim Iorio has joined the company as Global Head of Sales and will sit on EBS...
View ArticleNew York Institute Of Technology Professor Michael F. Hutt Joins Speakerbus
Michael F. Hutt, Adjunct Professor, Electrical and Computer Engineering at the New York Institute of Technology, joins Speakerbus, the UK-headquartered leading innovator of mission-critical voice...
View ArticleCISI Offers Support To EU Financial Services Regulators And Firms To Meet New...
The CISI is offering support to European financial services regulators and firms, and ultimately consumers, by publishing its own guidance booklet setting out its stall across the Qualifications,...
View ArticleCME Group Foundation Grants $3.6 Million To Support Math Education For...
CME Group Foundation today announced the launch of the second phase of its Early Math Education Initiative and $3.6 million in new grants for the program. The initiative, first established in October...
View ArticleToronto Stock Exchange, TSX Venture Exchange, Montréal Exchange...
Toronto Stock Exchange, TSX Venture Exchange, Montréal Exchange and TSX Alpha Exchange will be closed on Monday, August 1, 2016 for the Civic Holiday.read more...
View ArticleCFTC Extends Designation Of DTCC-SWIFT As LEI Provider - One-Year Extension...
The U.S. Commodity Futures Trading Commission (CFTC) announced today that it has issued an Order extending, by one year, the designation of the utility operated by DTCC-SWIFT as the provider of legal...
View ArticleEuronext: Biotech Pharnext Lists On Alternext To Pursue New Therapies For...
EnterNext, the Euronext subsidiary dedicated to promoting and growing the market for small and medium-sized companies (SMEs), today welcomed French biotech company Pharnext for its first day of trading...
View ArticleIFDP 2016-1173: Oil Price Elasticities and Oil Price Fluctuations
Dario Caldara, Michele Cavallo, and Matteo Iacoviello | We study the identification of oil shocks in a structural vector autoregressive (SVAR) model of the oil market. First, we show that the...
View ArticleBank Of England: Brexit And Monetary Policy â A Speech By Martin Weale,...
In his final speech as a member of the Monetary Policy Committee, Martin Weale outlined his analysis of the economic and financial market impact of the referendum vote and its implications for monetary...
View ArticleMoscow Exchange: Public Testing Of DataSpace1 As Backup Datacenter
This Saturday 23 July 2016 the public test of the MOEX migration to the new backup data center DataSpace1, including the disaster recovery test, will be held.read more...
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