SGX Welcomes Global Link Securities As Securities Trading Member
Singapore Exchange (SGX) today welcomes Taiwan-based Global Link Securities Co., Ltd, a wholly-owned subsidiary of Taiwan Stock Exchange (TWSE) to its Securities market as a trading member.read more...
View ArticleSix Major European Banks To Explain Their âTax Optimisationâ Role...
Representatives of ING Group (NL), Crédit Agricole (FR), Nordea (SW), Santander (ES), UBS (CH), and Unicredit (IT) will meet members of the Special Committee on Tax Rulings (TAXE II) on Monday...
View ArticleSGX Reports 3Q Results On 20 April 2016
Singapore Exchange (SGX) is reporting third-quarter results for Financial Year 2016 (FY2016) after the market closes on 20 April 2016.read more...
View ArticleIHS And Markit To Merge, Creating A Global Leader In Critical Information,...
IHS (NYSE: IHS) and Markit (NASDAQ: MRKT) today announced the signing of a definitive agreement under which the companies will combine in an all-share merger of equals to create a global leader in...
View ArticleChubb Announces Personal Risk Services Management Team For Europe - Launches...
Chubb today announced the management team that will lead its Personal Risk Services (PRS) business serving high net worth (HNW) brokers and their clients in Europe.read more...
View ArticleWeekly Top 5 Papers â March 18, 2016
1. Understanding Modern Portfolio Construction by Cullen Roche (Orcam Financial Group)read more...
View ArticleThe Price Effects of Cross-Market Hospital Mergers -- by Leemore Dafny, Kate...
So-called "horizontal mergers" of hospitals in the same geographic market have garnered significant attention from researchers and regulators alike. However, much of the recent hospital industry...
View ArticleThe Environmental Cost of Global Fuel Subsidies -- by Lucas W. Davis
Despite increasing calls for reform many countries continue to provide subsidies for gasoline and diesel. This paper quantifies the external costs of global fuel subsidies using the latest available...
View ArticleCan Tracking Raise the Test Scores of High-Ability Minority Students? -- by...
We study the impacts of a tracking program in a large urban school district that establishes separate "gifted/high achiever" (GHA) classrooms for fourth and fifth graders whenever there is at least one...
View ArticleLearning from Potentially-Biased Statistics: Household Inflation Perceptions...
When forming expectations, households may be influenced by the possibility that the information they receive is biased. In this paper, we study how individuals learn from potentially-biased statistics...
View ArticleThe Labor Supply of Undocumented Immigrants -- by George J. Borjas
The Department of Homeland Security estimates that 11.4 million undocumented persons reside in the United States. Congress and President Obama are considering a number of proposals to regularize the...
View ArticleManagement Practices, Workforce Selection and Productivity -- by Stefan...
Recent research suggests that much of the cross-firm variation in measured productivity is due to differences in use of advanced management practices. Many of these practices - including monitoring,...
View ArticleMoney and Velocity During Financial Crises: From the Great Depression to the...
This study offers a single, consistent model that tracks the velocity of broad money (M2) since 1929, including the Great Depression, the global financial crisis, and the Great Recession. The model...
View ArticleA Glimpse into the World of High Capacity Givers: Experimental Evidence from...
The wealthiest 10% of donors now give 90% of charitable dollars in the U.S., but little is known about what motivates them. Using a natural field experiment on over 5,000 high capacity donors, we find...
View ArticleIdentification and Efficiency Bounds for the Average Match Function under...
Consider two heterogenous populations of agents who, when matched, jointly produce an output, Y. For example, teachers and classrooms of students together produce achievement, parents raise children,...
View ArticleOptimal Currency Area: A 20th Century Idea For the 21st Century? -- by Joshua...
This paper takes stock of the history of the European Monetary Union (EMU) and pegged exchange-rate regimes in recent decades, pointing out the need to reshape the optimal currency area (OCA) criteria...
View ArticleMacroeconomic-Driven Prepayment Risk and the Valuation of Mortgage-Backed...
We introduce a reduced-form modeling framework for mortgage-backed securities in which we solve for the implied prepayment function from the cross section of market prices. From the implied prepayment...
View ArticleThe State of American Entrepreneurship: New Estimates of the Quantity and...
While official measures of business dynamism have seen a long-term decline, early-stage venture financing of new companies has reached levels not observed since the late 1990s, resulting in a sharp...
View ArticleThree-generation Mobility in the United States, 1850-1940: The Role of...
This paper estimates intergenerational elasticities across three generations in the United States in the late 19th and early 20th centuries. We extend the methodology in Olivetti and Paserman (2015) to...
View ArticleOrganized Crime, Violence, and Politics -- by Alberto Alesina, Salvatore...
We investigate how criminal organizations strategically use violence to influence elections in order to get captured politicians elected. The model offers novel testable implications about the use of...
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