Macroeconomics and Household Heterogeneity -- by Dirk Krueger, Kurt Mitman,...
The goal of this chapter is to study how, and by how much, household income, wealth, and preference heterogeneity amplify and propagate a macroeconomic shock. We focus on the U.S. Great Recession of...
View ArticleClaims-Shifting: The Problem of Parallel Reimbursement Regimes -- by Olesya...
Parallel reimbursement regimes, under which providers have some discretion over which payer gets billed for patient treatment, are a common feature of health care markets. In the U.S., the largest such...
View ArticleAdult Mortality Five Years after a Natural Disaster: Evidence from the Indian...
Exposure to extreme events has been hypothesized to affect subsequent mortality because of mortality selection and scarring effects of the event itself. We examine survival at and in the five years...
View ArticleDoes Legalization Reduce Black Market Activity? Evidence from a Global Ivory...
Black markets are estimated to represent a fifth of global economic activity, but their response to policy is poorly understood because participants systematically hide their actions. It is widely...
View ArticleThe Effect of Cigarette Prices on Cigarette Sales: Exploring Heterogeneity in...
Numerous studies have examined the effect of cigarette prices on cigarette consumption. These studies either evaluate the price elasticity of demand for each observation and report the average price...
View ArticleHKEX Welcomes Its First Listings Of Leveraged And Inverse Products
Hong Kong Exchanges and Clearing Limited (HKEX) today (Monday) welcomed its first listings of Leveraged and Inverse Products, or L&I Products (please see table below for details).read more...
View Article13Jun/Understanding the changing equilibrium real interest rates in Asia-Pacific
This paper studies the evolution of the equilibrium real interest rate (ie natural or neutral interest rate) in Asia-Pacific. I take an empirical approach to estimate the rate, simple estimates suggest...
View Article13Jun/Output gaps and policy stabilisation in Latin America: the effect of...
We provide a measure of the output gap that filters out the impact of the commodity and net capital inflows booms for Latin American countries. These two factors temporarily boost output and so are...
View ArticleSAP And AxiomSL Partner To Provide Next Generation Financial Risk And...
SAP, a market leader in enterprise application software and AxiomSL, the global leader in regulatory reporting and risk management solutions, today announced the launch of a new high performance...
View ArticleTMX Equity Transfer Services Changes Name To TSX Trust
TMX Equity Transfer Services today announced it has changed its name to TSX Trust. TSX Trust provides transfer agency and corporate trust services to public and private companies and investors as well...
View ArticleAll Speedbumps Are Not Created Fair Or Equal, Warns TABB Group - New Research...
Speedbumps are implemented to benefit liquidity providers by slowing down marketable orders to reduce the adverse selection risk of posting liquidity, as well as to dissuade fast traders who want to...
View ArticleQuantitative Brokers Algorithm Saves CTA $9.5M In Transaction Costs Over...
Quantitative Brokers (“QB”), a leading provider of agency algorithms for futures and fixed income markets, has released the findings from a 34-month comparative analysis study by a CTA client. The...
View ArticleTestimony On âOversight Of The U.S. Securities And Exchange...
Thank you for inviting me to testify today regarding the current work and initiatives of the U.S. Securities and Exchange Commission (SEC or Commission).[1] The SEC is a critical agency that serves as...
View ArticleBroadridge Broadens Its Securities Financing And Collateral Management...
Broadridge Financial Solutions, Inc. (NYSE:BR) today announced that it has expanded its global securities financing and collateral management capabilities through the acquisition of 4sight Financial...
View ArticleINTL FCStone Ltd.'s Global Payments Division Issues Operational Update;...
INTL FCStone Inc. (NASDAQ: INTL) today announced that its London-based subsidiary, INTL FCStone Ltd.'s Global Payments Division ("GPD" or "the Company"), facilitated approximately 101,000 cross-border...
View ArticleThe CISI Signs Education Agreement With Panama Securities Regulator
The Panama Securities Regulator (The Superintendencia del Mercado de Valores or SMV) and the Chartered Institute for Securities & Investment (CISI), have signed an education cooperation...
View ArticleUMD to Participate in Project to Bolster Assessment and Management of...
Targeted Beneficiaries are Government Agencies, Insurance and Reinsurance Underwriting Companies, Financial Institutions and Rating Agencies COLLEGE PARK, Md. â June 9, 2016 â The Supply Chain...
View ArticleCBOE To Develop Series Of Social Media-Based Strategy Benchmark Indexes -...
Chicago Board Options Exchange® (CBOE®) announced today that it has entered into an exclusive licensing agreement with Social Market Analytics (SMA) to develop a series of sentiment-based strategy...
View ArticleSaudi Arabia's Capital Market Authority: An Announcement Of The Issuance Of...
As part of CMA's continuous efforts to ensure clarity of the implementing regulations of the Capital Market Law to help market participants to recognize their duties, responsibilities and rights, which...
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