Competition and Bank Liquidity Creation -- by Liangliang Jiang, Ross Levine,...
Does an intensification of competition among banks increase or decrease liquidity creation? By integrating the dynamic process of interstate bank deregulation that lowered barriers to competition...
View ArticleAre Settlements in Patent Litigation Collusive? Evidence from Paragraph IV...
The use of "pay-for-delay" settlements in patent litigation - in which a branded manufacturer and generic entrant settle a Paragraph IV patent challenge and agree to forestall entry - has come under...
View ArticleWhat Motivates Effort? Evidence and Expert Forecasts -- by Stefano...
How much do different monetary and non-monetary motivators induce costly effort? Does the effectiveness line up with the expectations of researchers? We present the results of a large-scale real-effort...
View ArticleColonial American Paper Money and the Quantity Theory of Money: An Extension...
The quantity theory of money is applied to the paper money regimes of seven of the nine British North American colonies south of New England. Individual colonies, and regional groupings of contiguous...
View ArticleHow Migration Can Change Income Inequality? -- by Assaf Razin, Efraim Sadka
Motivated by the unique experience of Israel of a supply-side shock of skilled migration, and the concurrent rise in disposable income inequality, this paper develops a model which can explain the...
View ArticleDGCX Crosses 6 Million Contracts
Year-to-date (YTD) trading volumes on the Dubai Gold & Commodities Exchange (DGCX) crossed 6 million contracts in April 2016, growing 45% over the same period last year whilst maintaining a steady...
View ArticleNasdaq Nordic And Baltic Markets Trading Statistics April 2016
Nasdaq (Nasdaq:NDAQ) today publishes monthly trade statistics for the Nordic1 and Baltic2 markets. Below follows a summary of the statistics for April 2016:read more...
View ArticleEEX: Volume In Power Derivatives Exceeds 400 TWh For The First Time
The monthly volume on EEX’s power derivatives market amounted to 416.3 terawatt hours (TWh) in April 2016 which is an increase of nearly 150% compared to April 2015 (167.1 TWh). Furthermore, this...
View ArticleGovernor Markell Launches Delaware Blockchain Initiative - Reflects...
Governor Jack Markell today announced a groundbreaking initiative by the State of Delaware to embrace the emerging blockchain and smart contract technology industry, which can help the public and...
View ArticleTHE STARTUP CHECKLIST 25 Steps to a Scalable, High-Growth Business
David S. Rose's book THE STARTUP CHECKLIST: 25 Steps to Scalable, High-Growth Business applies the dual perspective of an angel investor and serial entrepreneur to give entrepreneurs the truth about...
View ArticleFive Dimensions of Employee Engagement
The Sloan Management Review published a piece recently about the connection between employee engagement and profitability growth. V. Kumar and Anita Pansari conducted research on employee engagement in...
View ArticleTurnover At Deutsche Börseâs Cash Markets At 110.2 Billion...
Order book turnover on Xetra, Börse Frankfurt and Tradegate Exchange across all asset classes stood at €110.2 billion in April (April 2015: €137.1 billion).read more...
View ArticleESMA Amends MiFID II Standards On Non-Equity Transparency And Position Limits
The European Securities and Markets Authority (ESMA) has issued today two Opinions proposing amendments to its draft Regulatory Technical Standards (RTSs) under the Markets in Financial Instruments...
View ArticleTrading Statistics April 2016 - Eurex Exchange: ADV 6.1 Million Contracts,...
In April 2016, the international derivatives markets of Eurex, part of Deutsche Börse Group, recorded an average daily volume of 8.4 million contracts (April 2015: 8.3 million). Of those, 6.1 million...
View ArticlePEGAS Trading Volumes In April 2016 - PEGAS Volume Doubles Year-On-Year
The pan-European gas trading platform PEGAS registered a total volume of153.7 TWh in April 2016, which represents almost the double of the volume traded over the same period last year (April 2015: 77.0...
View ArticleThe European Federation Of Investors And Financial Services Users: Democratic...
The Committee on Economic and Monetary Affairs (ECON) of the European Parliament (EP) voted on the text of an own-initiative report evaluating the International Accounting Standards (IAS) and...
View ArticleMGEX Reports 12th-Highest Monthly Volume Of All-Time
MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), reports a total volume of 212,021 from the month of April, making it the 12th-best month in the history of the...
View ArticleDCF Myth 3: You cannot do a valuation, when there is too much uncertainty!
Uncertainty, both imminent and resolved, has been on my mind these last two weeks. I posted my valuation of Valeant on April 20, making the argument that, at least based on my expectations on what...
View ArticleThe Arab Federation of Exchanges Annual Conference 2016
The Arab Federation of Exchanges Annual Conference ended on Thursday 28 April, 2016 which was hosted by Amman Stock Exchange (ASE) under the patronage of the Prime Minister H.E Dr. Abdullah Ensour over...
View Article