Fiscal Rules and Sovereign Default -- by Laura Alfaro, Fabio Kanczuk
Recurrent concerns over debt sustainability in emerging and developed nations have prompted renewed debate on the role of fiscal rules. Their optimality, however, remains unclear. We provide a...
View ArticlePrices of High-Tech Products, Mismeasurement, and Pace of Innovation -- by...
Two recent papers have made compelling cases that mismeasurement of prices of high tech products cannot explain the slow pace of labor productivity growth that has prevailed since the mid-2000s. Does...
View ArticleCapital Accumulation, Private Property and Rising Inequality in China,...
This paper combines national accounts, survey, wealth and fiscal data (including recently released tax data on high-income taxpayers) in order to provide consistent series on the accumulation and...
View ArticleBen-Porath meets Lazear: Lifetime Skill Investment and Occupation Choice with...
We develop a fairly general and tractable model of investment when workers can invest in multiple skills and different jobs put different weights on those skills. In addition to expected findings such...
View ArticleWiley FINRA Series 24 Exam Review 2017: The General Securities Principal...
Passing the General Securities Principal Qualification Examination (Series 24) qualifies an individual to act as a principal of a general securities broker-dealer and to supervise the firm and its...
View ArticleBanking Systems Simulation: Theory, Practice, and Application of Modeling...
Presents information sources and methodologies for modeling and simulating banking system stabilityread more...
View ArticleOCC Congratulates Clayton On Confirmation As SEC Chairman, Looks Forward To...
OCC, the world’s largest equity derivatives clearing organization, today congratulated Jay Clayton upon his confirmation by the U.S. Senate as Chairman of the U.S. Securities and Exchange Commission...
View ArticleSIFMA Statement On Confirmation Of SEC Chairman Clayton
SIFMA today released the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, on the Senate confirmation of Jay Clayton as Chairman of the U.S. Securities and Exchange Commission...
View ArticleDalian Commodity Exchange: Deepened Services Provide Petrochemical Industry...
On April 20, sponsored by China Petroleum and Chemical Industry Federation (CPCIF), the 2017 Petrochemical Industry Development Conference was held in Dalian. At the conference, Jiang Wei, director of...
View ArticleFINRA Statement On Confirmation Of Walter J. "Jay" Clayton III As...
The Financial Industry Regulatory Authority (FINRA) today issued the following statement on the confirmation of Walter J. “Jay” Clayton III as Chairman of the Securities and Exchange Commission.read...
View ArticleDTCC Repo Clearing Services Gain Regulatory Approval
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that the Securities and Exchange...
View ArticleASIC Supports Second-Phase Extension Of Groundbreaking Whistleblower Research...
ASIC has welcomed and strongly endorsed today's announcement of the second stage of the ground breaking research project 'Whistle While They Work', which will lead to a strong information base to...
View ArticleNZX: Initial Disclosure Of Senior Managers' Relevant Interests
Please see attached the Senior Manager Disclosure Notices for Hamish Macdonald and Benjamin Phillips.read more...
View ArticleCommcise Opens Office In Bangalore - MIFID II Transparency Requirements And...
Commcise, the award-winning provider of integrated commission management, research evaluation and reporting solutions for investment management firms, today announced the opening of an office in...
View ArticleZENEDGE Increases EMEA Investment To Better Service Growing Need For...
ZENEDGE, a leading provider of cloud-based, artificial intelligence (AI) driven Web Application Firewall (WAF), malicious bot detection and DDoS cybersecurity solutions, announced today plans to...
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EPEX SPOT Power Trading Results Of April 2017 - Belgian Day-Ahead Market...
In April 2017, a total volume of 45.5 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday power markets (April 2016: 42.5 TWh).Day-Ahead marketsIn April 2017, power trading on the Day-Ahead markets on...
View ArticleDeutsche Börse Cash Market: Happy Birthday To The FinTech Hub!
Deutsche Börse's FinTech Hub in Frankfurt is celebrating its first birthday. Four financial sector start-ups officially moved into the hub at the beginning of May 2016, and have been based there...
View ArticleThe impact of macroprudential housing finance tools in Canada
This paper combines loan-level administrative data with household-level survey data to analyze the impact of recent macroprudential policy changes in Canada using a microsimulation model of mortgage...
View ArticleThe impact of warnings published in a financial stability report on loan-to...
This paper shows how central bank communications can play a role in macroprudential supervision. We document how specific warnings about real estate markets, published in the Central Bank of Chile's...
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