ARAX Commodities Chooses Trayport For Trading Power And Agricultural Softs
Trayport, a leading provider of energy trading solutions to traders, brokers and exchanges worldwide, announced today that ARAX Commodities (ARAXCo) have chosen Trayport’s GlobalVision Broker Trading...
View ArticleHenrik Husman Appointed New President Of Nasdaq Helsinki
Nasdaq Inc. (NASDAQ: NDAQ) today announced that Henrik Husman has been appointed President of Nasdaq Helsinki.read more...
View ArticleTehran Stock Exchange Bulletin - February 2016
Click here to download Tehran Stock Exchange's bulletin for February 2016.
View ArticleJapanâs Financial Services Agency: The Fourth Meeting Of The Advisory...
The Advisory Council will hold its fourth Meeting as follows.read more...
View ArticleSusanne Chishti and Janos Barberis on The FINTECH Book
We spoke with Susanne Chishti and Janos Barberis, editors of The FINTECH Book [link to http://eu.wiley.com/WileyCDA/WileyTitle/productCd-111921887X.html] the first crowd-sourced book on FinTech...
View ArticleInternational Comparative Household Finance -- by Cristian Badarinza, John Y....
This paper reviews the literature on international comparative household finance. The paper presents summary statistics on household balance sheets for 13 developed countries, and uses these statistics...
View ArticleSpeculative Fever: Investor Contagion in the Housing Bubble -- by Patrick...
Historical anecdotes of new investors being drawn into a booming asset market, only to suffer when the market turns, abound. While the role of investor contagion in asset bubbles has been explored...
View ArticleToo-Big-To-Fail Before the Fed -- by Gary Gorton, Ellis W. Tallman
"Too-big-to-fail" is consistent with policies followed by private bank clearing houses during financial crises in the U.S. National Banking Era prior to the existence of the Federal Reserve System....
View ArticleSufficient Statistics for Imperfect Externality-Correcting Policies -- by...
Pigouvian taxes can fully correct for market failures due to externalities, but actual policies are commonly forced to deviate from the Pigouvian ideal due to administrative or political constraints....
View ArticleQuantitative Models of Commercial Policy -- by Ralph Ossa
What tariffs would countries impose if they did not have to fear any retaliation? What would occur if there was a complete breakdown of trade policy cooperation? What would be the outcome if countries...
View ArticleDecentralized Governance and the Quality of School Leadership -- by Derek...
In response to widespread dissatisfaction with the schools, the 1988 Chicago School Reform Act decentralized school governance by forming elected local school councils (LSCs) responsible for principal...
View ArticleSome Theoretical Connections Among Wealth, Income, Sustainability, and...
In theory, and under some quite strong assumptions, there exists an important rigorous quantitative relationship among the following four fundamental economic concepts: (1) "wealth"; (2) "income"; (3)...
View ArticleFiscal and Financial Crises -- by Michael D. Bordo, Christopher M. Meissner
Interconnections between banking crises and fiscal crises have a long history. We document the long-run evolution from classic banking panics towards modern banking crises where financial guarantees...
View ArticleThe Macroeconomic Impact of Financial and Uncertainty Shocks -- by Dario...
The extraordinary events surrounding the Great Recession have cast a considerable doubt on the traditional sources of macroeconomic instability. In their place, economists have singled out financial...
View ArticleUniversity Innovation and the Professor's Privilege -- by Hans K. Hvide,...
National policies take varied approaches to encouraging university-based innovation. This paper studies a natural experiment: the end of the "professor's privilege" in Norway, where university...
View ArticleA Market Based Solution for Fire Sales and Other Pecuniary Externalities --...
We show how bundling, exclusivity and additional markets internalize fire sale and other pecuniary externalities. Ex ante competition can achieve a constrained efficient allocation. The solution can be...
View ArticleThe Limits of Propaganda: Evidence from Chavez's Venezuela -- by Brian...
In this paper, we investigate viewer responses to changes in the ideological content of television programming using variation induced by cadenas, unannounced takeovers of the public television...
View ArticleTeacher Applicant Hiring and Teacher Performance: Evidence from DC Public...
Selecting more effective teachers among job applicants during the hiring process could be a highly cost-effective means of improving educational quality, but there is little research that links...
View ArticleLiquidity Requirements, Liquidity Choice and Financial Stability -- by...
We study a modification of the Diamond and Dybvig (1983) model in which the bank may hold a liquid asset, some depositors see sunspots that could lead them to run, and all depositors have incomplete...
View ArticleEffects of Welfare Reform on Women's Voting Participation -- by Dhaval M....
Voting is an important form of civic participation in democratic societies but a fundamental right that many citizens do not exercise. This study investigates the effects of welfare reform in the U.S....
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