Is Optimal Capital-Control Policy Countercyclical In Open-Economy Models With...
This paper contributes to a literature that studies optimal capital control policy in open economy models with pecuniary externalities due to flow collateral constraints. It shows that the optimal...
View ArticleA Unified Approach to Estimating Demand and Welfare -- by Stephen J. Redding,...
The measurement of price changes, economic welfare, and demand parameters is currently based on three disjoint approaches: macroeconomic models derived from time-invariant utility functions,...
View ArticleThe Evolution of Physician Practice Styles: Evidence from Cardiologist...
Physician treatment choices for observably similar patients vary dramatically across regions. This paper exploits cardiologist migration to disentangle the role of physician-specific factors such as...
View ArticleAnalyst Promotions within Credit Rating Agencies: Accuracy or Bias? -- by...
We examine whether credit rating agencies reward accurate or biased analysts. Using data collected from Moody's corporate debt credit reports, we find that Moody's is more likely to promote analysts...
View ArticleThe FinTech Opportunity -- by Thomas Philippon
This paper assesses the potential impact of FinTech on the finance industry, focusing on financial stability and access to services. I document first that financial services remain surprisingly...
View ArticleChina Equity Index Derivatives: Monthly Commentary By Singapore Exchange,...
Chinese A-share benchmark indices CSI300 Index and FTSE China A50 Index gained 1.6% and 1.5% respectively in July. The indices have risen 2.7% and 2.2% respectively since June 23, when the U.K. voted...
View ArticleBeecher Carlsonâs Jason Flaxbeard Interviewed by Captive Insurance Times
Although captives are adapting to the ongoing soft market, regulation continues to be a problem. Jason Flaxbeard of Beecher Carlson explains more…read more...
View ArticleWarsaw Stock Exchange Monthly Statistics For July 2016
Warsaw Stock Exchange Monthly Statistics for July 2016 is now available:read more...
View ArticleICE Eris Interest Rate Futures Achieve Record Volume - ICE Eris GBP LIBOR...
Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced that ICE Eris Euribor® and GBP LIBOR interest...
View ArticleFINRA Fines Deutsche Bank Securities Inc. $12.5 Million For Inadequate...
The Financial Industry Regulatory Authority (FINRA) today announced it has fined Deutsche Bank Securities Inc. $12.5 million for significant supervisory failures related to research and trading-related...
View ArticleWhy Do You Want to Work Here?
We've all faced this question in a job interview: "So, why exactly do you want to work for us?" The question seems very straightforward, yet it trips up many candidates. I'm shocked by how many...
View ArticleESMA Announces Vacancies In The IT Unit
ESMA is organising a selection procedure to recruit ICT Officers.read more...
View ArticleEEX: Nordic Power With Strong First Week In August
Last week a volume of 194,415 MWh was traded in Nordic Power – this is the highest weekly volume in this market so far. EEX enables market participants to trade Nordic Power Futures with weekly,...
View ArticleTMX Group Equity Financing Statistics â July 2016
TMX Group today announced its financing activity on Toronto Stock Exchange and TSX Venture Exchange for July 2016.read more...
View ArticleOpinion Of SEC Commissioner Piwowar, Concurring In Part And Dissenting In...
Commissioner Piwowar issued a separate opinion, concurring in part and dissenting in part, from the Commission’s consideration of an appeal of an administrative law judge’s initial decision in the...
View ArticleEEX-Market Messages Service Is Moving To Thomson Reuters EIKON Messenger
EEX Market Supervision decided to move its Market Messages Service from the Yahoo! to the Thomson Reuters EIKON Messenger. The Market Messages Service discontinues on 8 August 2016 on Yahoo! and...
View ArticleCFTC Announces Enhancements to Protect Customer Funds
The U.S. Commodity Futures Trading Commission (CFTC) today announced three separate measures that are designed to enhance the protection of customer funds.
View ArticleConcurring Statement of Commissioner Sharon Y. Bowen Regarding the Order...
Concurring Statement of Commissioner Sharon Y. Bowen Regarding the Order Exempting the Federal Reserve Banks from Sections 4d and 22 of the Commodity Exchange Act and Written Acknowledgment of Customer...
View ArticleStatement of CFTC Chairman Timothy Massad on Actions to Protect Customer Funds
Statement of CFTC Chairman Timothy Massad on Actions to Protect Customer Funds
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