SIX Swiss Exchange Welcomes New Trading Participant - By Joining The Swiss...
Today, SIX Swiss Exchange is pleased to welcome Jane Street Financial Ltd as its first new participant in 2016. Gregor Braun, Head Member Acquisition & Product Sales, comments: "SIX Swiss Exchange...
View ArticleBGC Partners To Present At Sandler O'Neill's "Global Exchange &...
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "BGC," or the "Company"), a leading global brokerage company servicing the financial and real estate markets, today announced that its Chairman and...
View ArticleMalawi Stock Exchange Monthly Market Performance Report- May, 2016
Click here to download Malawi Stock Exchange's monthly market performance report for May, 2016.Â
View ArticleInternational Trade and Job Polarization: Evidence at the Worker-Level -- by...
This paper examines the role of international trade for job polarization, the phenomenon in which employment for high- and low-wage occupations increases but mid-wage occupations decline. With...
View ArticleEmpirical Evidence on Conditional Pricing Practices -- by Bogdan Genchev,...
Conditional pricing practices allow the terms of sale between a producer and a downstream distributor to vary based on the ability of the downstream firm to meet a set of conditions put forward by the...
View ArticleCan War Foster Cooperation? -- by Michal Bauer, Christopher Blattman, Julie...
In the past decade, nearly 20 studies have found a strong, persistent pattern in surveys and behavioral experiments from over 40 countries: individual exposure to war violence tends to increase social...
View ArticleAre Supply Shocks Contractionary at the ZLB? Evidence from...
The basic New Keynesian model predicts that positive supply shocks are less expansionary at the zero lower bound (ZLB) compared to periods of active monetary policy. We test this prediction empirically...
View ArticleMacroeconomics, Aging and Growth -- by Ronald Lee
Inevitable population aging and slower population growth will affect the economies of all nations in ways influenced by cultural values, institutional arrangements, and economic incentives. One outcome...
View ArticleMarriage Market Equilibrium -- by Robert A. Pollak
The standard Beckerian analysis of marriage market equilibrium assumes that allocation within marriage implements agreements made in the marriage market. This paper investigates marriage market...
View ArticlePrice Elasticities of Pharmaceuticals in a Value-Based-Formulary Setting --...
Ever since the seminal RAND Health insurance experiment (HIE) was conducted, most health care services, including pharmaceuticals, are deemed to be price inelastic with price elasticities of demand...
View ArticleThe Spillovers, Interactions, and (Un)Intended Consequences of Monetary and...
Have bank regulatory policies and unconventional monetary policies--and any possible interactions--been a factor behind the recent "deglobalisation" in cross-border bank lending? To test this...
View ArticleUnderstanding the Improvement in Disability Free Life Expectancy In the U.S....
Understanding how healthy lifespans are changing is essential for public policy. This paper explores changes in healthy lifespan in the U.S. over time and considers reasons for the changes. We reach...
View ArticleThe Upside-down Economics of Regulated and Otherwise Rigid Prices -- by Casey...
A version of the Becker-Lancaster characteristics model featuring quality-quantity tradeoffs reveals a number of surprising market behaviors that can result from price regulations that are imposed on...
View ArticleUnsticking the Flypaper Effect Using Distortionary Taxation -- by Carlos A....
The flypaper effect is a widely-documented puzzle whereby the propensity of sub-national governmental units to spend out of unconditional transfers is higher than the propensity to spend out of private...
View ArticleEnvironmental Taxation -- by Roberton C. Williams III
This paper examines potential environmental tax policy reforms. It focuses primarily on a carbon tax, but also more briefly considers a range of other possible changes. These include revising or...
View ArticleReturns to Consumer Search: Evidence from eBay -- by Thomas Blake, Chris...
A growing body of empirical literature finds that consumers are relatively limited in how much they search over product characteristics. We assemble a dataset of search and purchase behavior from eBay...
View ArticleInter Vivos Transfers of Ownership in Family Firms -- by James R. Hines Jr.,...
This paper examines the determinants of inter vivos (lifetime) transfers of ownership in German family firms between 2000 and 2013. Survey evidence indicates that owners of larger firms, and firms with...
View ArticleTourism and Economic Development: Evidence from Mexico's Coastline -- by...
Tourism is one of the most visible and fastest growing facets of globalization in developing countries. This paper combines a rich collection of Mexican microdata with a quantitative spatial...
View ArticleA Contagious Malady? Open Economy Dimensions of Secular Stagnation -- by...
Conditions of secular stagnation - low interest rates, below target inflation, and sluggish output growth - characterize much of the global economy. We consider an overlapping generations, open economy...
View ArticleReverse Speculative Attacks -- by Manuel Amador, Javier Bianchi, Luigi...
In January 2015, in the face of sustained capital inflows, the Swiss National Bank abandoned the floor for the Swiss Franc against the Euro, a decision which led to the appreciation of the Swiss Franc....
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