Mobile Phones, Civic Engagement, and School Performance in Pakistan -- by...
The effective governance of local public services depends critically on the civic engagement of local citizens. However, recent efforts to promote effective citizen oversight of the public-sector...
View ArticleFiscal Risk and the Portfolio of Government Programs -- by Samuel G. Hanson,...
In this paper, we develop a new model for government cost-benefit analysis in the presence of risk. In our model, a benevolent government chooses the scale of a risky project in the presence of two key...
View ArticleDo Recessions Accelerate Routine-Biased Technological Change? Evidence from...
We show that skill requirements in job vacancy postings differentially increased in MSAs that were hit hard by the Great Recession, relative to less hard-hit areas, and that these differences across...
View ArticleAchieving Price Stability by Manipulating the Central Bank's Payment on...
Today, all major central banks pay or collect interest on reserves, and stand ready to use the interest rate as an instrument of monetary policy. We show that by paying an appropriate rate on reserves,...
View ArticleLocal Government and Old-Age Support in the New Deal -- by Daniel K. Fetter
A key question in the design of public assistance to the needy is how allocation of responsibility for funding and decision-making across different levels of government influences the level and type of...
View ArticleThe Effects of Income Mobility and Tax Persistence on Income Redistribution...
We explore the effect of income mobility and the persistence of redistributive tax policy on the level of redistribution in democratic societies. An infinite-horizon theoretical model is developed, and...
View ArticlePopulation growth, interest rate, and housing tax in the transitional China....
This paper combines and develops the models in Lastrapes (2002) and Mankiw & Weil (1989), which enables us to analyze the effects of interest rate and population growth shocks on housing price in...
View ArticleThe asset price bubbles in emerging financial markets: a new statistical...
The bubble is a controversial and important issue. Many methods which based on the rational expectation have been proposed to detect the bubble. However, for some developing countries, epically China,...
View ArticleAsymptotic of Non-Crossings probability of Additive Wiener Fields....
Let $W_i=\{W_i(t_i), t_i\in \R_+\}, i=1,2,\ldots,d$ are independent Wiener processes. $W=\{W(\mathbf{t}),t\in \R_+^d\}$ be the additive Wiener field define as the sum of $W_i$. For any trend $f$ in...
View ArticleTechniques for multifractal spectrum estimation in financial time series....
Multifractal analysis is one of the important approaches that enables us to measure the complexity of various data via the scaling properties. We compare the most common techniques used for...
View ArticleLeader to Leader (LTL), Volume 82, Fall 2016
Leader to Leader, the Hesselbein Institute's award-winning quarterly journal, offers cutting-edge thinking on leadership, management, and strategy written by today's top thought leaders from the...
View ArticleDion Global Solutions Expands With Benjamin Wawn As Pre-Sales Consultant
Dion Global Solutions (BSE: 526927), the financial technology firm for global markets, today announced the appointment of Benjamin Wawn as Pre-Sales Consultant OMS Solutions.read more...
View ArticleBursa Malaysia Registers Profit After Tax And Minority Interest Of Rm143.5...
Key Financial & Market Highlightsread more...
View ArticleESM Board Of Directors Approves €2.8 Billion Disbursement To Greece
The Board of Directors of the European Stability Mechanism (ESM) today authorised the disbursement of €2.8 billion to Greece, which is the remaining amount of the second tranche of ESM financial...
View ArticleColt To Revamp Japanese Network Infrastructure - New Revolutionary Network...
Colt, a leading international network and ICT provider, today announced a major revamp of their advanced fibre-optic network, as well as extensive Layer 2 network expansion in Japan. This will enable...
View ArticleModulr Appoints Contego, The Multi-Source Identity Verification Platform, To...
Contego, the multi-source identity verification and risk-scoring platform, today announced that Modulr, an API platform that simplifies complex payment flows, has selected Contego to carry out checks...
View ArticleSecurities Commission Malaysia Media Statement On Budget 2017 Capital Market...
Securities Commission Malaysia (SC) commends the Government initiatives in Budget 2017 aimed at further developing the capital market.read more...
View ArticleThe Financial Conduct Authority (FCA) Bans Two Individuals From The Financial...
The FCA has today banned two individuals from performing any function in relation to any regulated activity in the financial services industry.read more...
View ArticleThomson Reuters/SGX SFI Series Selected As UOB’s Recommended Fixed...
Thomson Reuters and Singapore Exchange (SGX) today announced that the TR/SGX Singapore Fixed Income Indices (TR/SGX SFI) have been selected as the recommended fixed income benchmark by United Overseas...
View ArticleEIB: Raiffeisen-Leasing Completes EUR 440m Securitisation Transaction
The EIB Group, consisting of the European Investment Bank (EIB) and the European Investment Fund (EIF), has supported a Raiffeisen-Leasing securitisation transaction of EUR 440m. EIB invested EUR 150m...
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