Medium- and Long-Term Educational Consequences of Alternative Conditional...
We show that three Colombian conditional cash transfer (CCT) programs for secondary schools improve educational outcomes eight and 12 years after random assignment relative to a control group. Forcing...
View ArticleDemand for Information and Asset Pricing -- by Azi Ben-Rephael, Bruce I....
Previously, academics have used the supply of information that arrives to market (e.g., macroeconomic announcements, earnings reports, or news releases) to study how information affects asset prices...
View ArticleCompeting for Capital: Auditing and Credibility in Financial Reporting -- by...
When self-interested agents compete for scarce resources, they often exaggerate the promise of their activities. As such, principals must consider both the quality of each opportunity and each agent's...
View ArticleTropical Forests, Tipping Points, and the Social Cost of Deforestation -- by...
Recent work has suggested that tropical forest and savanna represent alternative stable states, which are subject to drastic switches at tipping points, in response to changes in rainfall patterns and...
View ArticleAdaptation and the Mortality Effects of Temperature Across U.S. Climate...
We study heterogeneity in the relationship between temperature and mortality across U.S. climate regions and its implications for climate adaptation. Using exogenous variation in temperature and data...
View ArticleRegional Heterogeneity and Monetary Policy -- by Martin Beraja, Andreas...
We argue that the time-varying regional distribution of housing equity influences the aggregate consequences of monetary policy through its effects on mortgage refinancing. Using detailed loan-level...
View ArticleEarly Effects of the Affordable Care Act on Health Care Access, Risky Health...
The goal of the Affordable Care Act (ACA) was to achieve nearly universal health insurance coverage through a combination of mandates, subsidies, marketplaces, and Medicaid expansions, most of which...
View ArticleWhat is a Patent Worth? Evidence from the U.S. Patent "Lottery" --...
We provide evidence on the value of patents to startups by leveraging the random assignment of applications to examiners with different propensities to grant patents. Using unique data on all...
View ArticleExchange Rate Prediction Redux: New Models, New Data, New Currencies -- by...
Previous assessments of nominal exchange rate determination, following Meese and Rogoff (1983) have focused upon a narrow set of models. Cheung et al. (2005) augmented the usual suspects with...
View ArticleExchange Rate Policies at the Zero Lower Bound -- by Manuel Amador, Javier...
We study how a monetary authority pursues an exchange rate objective in an environment that features a zero lower bound (ZLB) constraint on nominal interest rates and limits to arbitrage in...
View ArticleMinimizing Justified Envy in School Choice: The Design of New Orleans' OneApp...
In 2012, New Orleans Recovery School District (RSD) became the first U.S. district to unify charter and traditional public school admissions in a single-offer assignment mechanism known as OneApp. The...
View ArticleLiving Up to Expectations: How Job Training Made Women Better Off and Men...
We study the interaction between job and soft skills training on expectations and labor market outcomes in the context of a youth training program in the Dominican Republic. Program applicants were...
View ArticleDaman Securities Joins Nasdaq Dubai As A Member To Trade Equities -...
Daman Securities, one of the UAE’s most prominent brokerages, has joined Nasdaq Dubai as a Member to trade equities, to provide its clients in the GCC and beyond with access to shares of regional and...
View ArticleGlobal Financial Centres Index - Brexit And The USA Election Take Their Toll
Today Z/Yen publishes the twenty-first Global Financial Centres Index (GFCI 21). We are holding simultaneous launches in Milan and Shenzhen. Z/Yen are delighted to be working in collaboration with the...
View ArticleESMA Discusses Haircuts In EU Securities Financing Transactions
The European Securities and Markets Authority (ESMA) issued a research piece on shadow banking published in its recent report on trends, risks and vulnerabilities (TRV).read more...
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MNI PINCH - Probabilty Of INterest Rate CHange
The withdrawal of the US healthcare Bill late Friday has lead to a slight fall in probability of the Fed raising rates again this year.MNI PINCH calculation of probabilities of interest rate change are...
View ArticleAl Mawared Amman Stock Exchange Weekly Report March 19 â March 23, 2017
Market Summary read more...
View ArticleDTCCâS Legal Entity Identifier Service, GMEI Utility, Readies Industry...
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that its subsidiary operating the Global...
View ArticleMOEX And DCE Announce New Areas Of Cooperation In MOU
Moscow Exchange ("MOEX") and Dalian Commodity Exchange ("DCE"), announced today that they have signed a Memorandum of Understanding ("MOU"), aimed at expanding the cooperation between the two exchanges...
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