Harvardâs $1.2 Billion Haul Erased by Investing Loss, Payout
Harvardâs $1.2 Billion in Donations Wiped by Losses https://t.co/1bMcXwFcTa â Yves Hilpisch (@dyjh) February 7, 2017
View ArticleConditional Davis Pricing. (arXiv:1702.02087v1 [q-fin.MF])
We introduce the notion of a conditional Davis price and study its properties. Our ultimate goal is to use utility theory to price non-replicable contingent claims in the case when the investor's...
View ArticleThe Installation Costs of a Satellite and Space Shuttle Launch Complex as a...
From the 1940's to the present, space explorations, which is a highly important topic for the world and human beings, penetrate into many areas from the communication to the national security as well...
View ArticleExistence, uniqueness, and stability of optimal portfolios of eligible...
We study the existence of portfolios of traded assets making a given financial institution pass some pre-specified (internal or external) regulatory test. In particular, we are interested in the...
View ArticleType-Compatible Equilibria in Signalling Games. (arXiv:1702.01819v1 [q-fin.EC])
The key issue in selecting between equilibria in signalling games is determining how receivers will interpret deviations from the path of play. We develop a foundation for these off-path beliefs, and...
View ArticleBusiness Dynamics in KPI Space. Some thoughts on how business analytics can...
The biggest problem with the methods of machine learning used today in business analytics is that they do not generalize well and often fail when applied to new data. One of the possible approaches to...
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Economics of Strategy, 7th Edition
Economics of Strategy focuses on the key economic concepts students must master in order to develop a sound business strategy. Ideal for undergraduate managerial economics and business strategy...
View ArticleIOSCO analyzes potential of tech-driven change in the securities market industry
IOSCO/MR/02/2017read more...
View ArticleUndergraduate Econometrics Instruction: Through Our Classes, Darkly -- by...
The past half-century has seen economic research become increasingly empirical, while the nature of empirical economic research has also changed. In the 1960s and 1970s, an empirical economist's...
View ArticleShocks vs. Responsiveness: What Drives Time-Varying Dispersion? -- by David...
The dispersion of many economic variables is countercyclical. What drives this fact? Greater dispersion could arise from greater volatility of shocks or from agents responding more to shocks of...
View ArticleRevisions in Utilization-Adjusted TFP and Robust Identification of News...
This paper documents large revisions in a widely-used series of utilization-adjusted total factor productivity (TFP) by Fernald (2014) and shows that these revisions can materially affect empirical...
View ArticleKeynes and the Dollar in 1933 -- by Sebastian Edwards
On December 1933, John Maynard Keyes published an open letter to President Roosevelt, where he wrote: "The recent gyrations of the dollar have looked to me more like a gold standard on the booze than...
View ArticleEstimating Global Bank Network Connectedness -- by Mert Demirer, Francis X....
We use LASSO methods to shrink, select and estimate the high-dimensional network linking the publicly-traded subset of the world's top 150 banks, 2003-2014. We characterize static network connectedness...
View ArticleDid Medicaid Expansion Reduce Medical Divorce? -- by David Slusky, Donna Ginther
Prior to the Affordable Care Act, many state Medicaid eligibility rules had maximum asset levels. This was a problem when one member of a couple was diagnosed with a degenerative disease requiring...
View ArticleEndogenous Appropriability -- by Joshua S. Gans, Scott Stern
The appropriability of innovation depends not only on the instruments available to an innovator to protect private returns, but how those instruments interact with each other as part of the firm's...
View ArticleLiving Mindfully: Discovering Authenticity through Mindfulness Coaching
Written by a practitioner with over 25 years of experience, Living Mindfully shows how mindfulness can be integrated with coaching in order to enhance motivation and achieve an authentic life.read more...
View ArticleThe World After GDP: Politics, Business and Society in the Post Growth Era
GDP is much more than a simple statistic. It has become the overarching benchmark of success and a powerful ordering principle at the heart of the global economy. But the convergence of major economic,...
View ArticleCMT Level III 2017: The Integration of Technical Analysis
Everything you need to pass Level III of the CMT Programread more...
View ArticleCMT Level II 2017: Theory and Analysis
Everything you need to pass Level II of the CMT Programread more...
View ArticleCMT Level I 2017: An Introduction to Technical Analysis
Everything you need to pass Level I of the CMT Programread more...
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