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Moneyball in Medicare -- by Edward C. Norton, Jun Li, Anup Das, Lena M. Chen

US policymakers place a high priority on tying Medicare payments to the value of care delivered. A critical part of this effort is the Hospital Value-based Purchasing Program (HVBP), which rewards or...

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The Analytics of the Greek Crisis -- by Pierre-Olivier Gourinchas, Thomas...

We provide an empirical and theoretical analysis of the Greek Crisis of 2010. We first benchmark the crisis against all episodes of sudden stops, sovereign debt crises, and lending boom/busts in...

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Bunching at The Kink: Implications for Spending Responses to Health Insurance...

A large literature in empirical public finance relies on "bunching" to identify a behavioral response to non-linear incentives and to translate this response into an economic object to be used...

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Estimating Cross-Industry Cross-Country Interaction Models Using Benchmark...

Empirical cross-industry cross-country models are applied widely in economics, for example to investigate the determinants of economic growth or international trade. Estimation generally relies on US...

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Willingness to Pay for Clean Air: Evidence from Air Purifier Markets in China...

We develop a framework to estimate willingness to pay (WTP) for clean air from defensive investment. Applying this framework to product-by-store level scanner data on air purifier sales in China, we...

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What Do Measures of Real-time Corporate Sales Tell Us about Earnings...

We develop real-time proxies of retail corporate sales from multiple sources, including ~50 million mobile devices. These measures contain information from both the earnings quarter ("within quarter")...

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Term Structure of Uncertainty in the Macroeconomy -- by Jaroslav Borovicka,...

Dynamic economic models make predictions about impulse responses that characterize how macroeconomic processes respond to alternative shocks over different horizons. From the perspective of asset...

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Doing More When You're Running LATE: Applying Marginal Treatment Effect...

I examine treatment effect heterogeneity within an experiment to inform external validity. The local average treatment effect (LATE) gives an average treatment effect for compliers. I bound and...

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Global Service Efficiency and the Role of Special and Differential Based...

This paper argues that the pursuit of special and differential treatments (SDT) by developing countries has hampered the liberalization of global service trade, which is one of the causes of the only...

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Opening Statement of Commissioner Sharon Bowen before the Market Risk...

Opening Statement of Commissioner Sharon Bowen before the Market Risk Advisory Committee

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Moscow Exchange: Main Clearing Session Starts Later For Derivatives On 27 June

Please be informed that the main clearing session for derivatives starts at 18:44:18  MSK precise time due to TCS servers time and precise time desynchronization. Orders for option expiration...

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MIAX Options Holiday Schedule - July 4th 2016

Please be advised that the MIAX Options Exchange will be closed on Monday, July 4, 2016 in observance of Independence Day.

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U.S. Department Of The Treasury: Remarks By Secretary Jacob J. Lew At The...

Good morning.  Thank you, Randy, for that kind introduction and for your leadership within this great organization.  It is a pleasure to join you all again for this important and timely discussion....

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CFTC: Opening Statement Of Commissioner Sharon Bowen Before The Market Risk...

Welcome to the June 27, 2016 meeting of the Market Risk Advisory Committee (MRAC). I am excited to be the sponsor of this Committee, which brings together a diverse group of market participants to...

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Statement of CFTC Chairman Timothy Massad before the Market Risk Advisory...

Statement of CFTC Chairman Timothy Massad before the Market Risk Advisory Committee

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Intercontinental Exchange Launches Expanded ICE Data Services - Ice Data...

Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges, clearing houses and data services, today introduced the expanded ICE Data Services, bringing together proprietary exchange...

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TMX Group Names John McKenzie Chief Financial Officer

TMX Group Limited today announced that John McKenzie has been named Chief Financial Officer (CFO), effective July 11, 2016.read more...

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Statement Of CFTC Chairman Timothy Massad Before The Market Risk Advisory...

Thank you. Let me just express my appreciation to Commissioner Bowen, her staff, and the distinguished members of the Market Risk Advisory Committee for all the work that has gone into today’s meeting...

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What Do Job Seekers Want?

Wade Burgess, VP of talent solutions at LinkedIn, wrote an article for Fast Company this week.  He explains the findings from the company's 2016 Talent Trends study.   In that research, LinkedIn asked...

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Exegy Delivers Solid Brexit Performance

Exegy is pleased to report that all market data appliances within its global estate delivered uninterrupted performance throughout the volatile market conditions preceding and following the British...

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