Exegy Launches Market Data Vendor Service
Exegy Inc., a leading provider of managed services and technology for low-latency financial market data, announced today the launch of vending services for direct market data feeds from United States...
View ArticleITG Launches Turnkey Research Payment Account Solution
Provides Robust Funding and Payment Flexibility to Adapt to MiFID II Rules NEW YORK and LONDON, Feb. 27, 2017 (GLOBE NEWSWIRE) -- ITG (NYSE:ITG), a leading independent broker and financial technology...
View ArticleMonetary policy and bank lending in a low interest rate environment:...
This paper analyses the effectiveness of monetary policy on bank lending in a low interest rate environment. Based on a sample of 108 large international banks, our empirical analysis suggests that...
View ArticleAftershocks of Monetary Unification: Hysteresis with a Financial Twist -- by...
Once upon a time, in the 1990s, it was widely agreed that neither Europe nor the United States was an optimum currency area, although moderating this concern was the finding that it was possible to...
View ArticleThe London Monetary and Economic Conference of 1933 and the End of The Great...
In this paper I analyze the London Monetary and Economic Conference of 1933, an almost forgotten episode in U.S. monetary history. I study how the Conference shaped dollar policy during the second half...
View ArticleState Health Insurance Mandates and Labor Market Outcomes: New Evidence on...
In this study we re-visit the relationship between private health insurance mandates, access to employer-sponsored health insurance, and labor market outcomes. Specifically, we model employer-sponsored...
View ArticleFirm Entry and Exit and Aggregate Growth -- by Jose Asturias, Sewon Hur,...
Using data from Chile and Korea, we find that a larger fraction of aggregate productivity growth is due to firm entry and exit during fast-growth episodes compared to slow-growth episodes. Studies of...
View ArticleIs Local Public Sector Rent Extraction Higher in Progressive Cities or High...
Public finance theories of the median voter's preferences and local public sector rent extraction posit that liberal cities and high amenity cities will feature a larger, better paid local public...
View ArticleOptimal Transport Networks in Spatial Equilibrium -- by Pablo D. Fajgelbaum,...
We develop a framework to study optimal transport networks in general equilibrium spatial models. We model a general neoclassical economy with multiple goods and factors in which arbitrarily many...
View ArticleThe Macrogenoeconomics of Comparative Development -- by Quamrul H. Ashraf,...
The importance of evolutionary forces for comparative economic performance across societies has been the focus of a vibrant literature, highlighting the roles played by the Neolithic Revolution and the...
View ArticleMatching Pennies on the Campaign Trail: An Empirical Study of Senate...
We study the strategic interaction between the media and Senate candidates during elections. While the media is instrumental for candidates to communicate with voters, candidates and media outlets have...
View ArticleTechnology-Skill Complementarity in Early Phases of Industrialization -- by...
The research explores the effect of industrialization on human capital formation. Exploiting exogenous regional variations in the adoption of steam engines across France, the study establishes that, in...
View ArticleKeeping It in the Family: Lineage Organization and the Scope of Trust in...
We present evidence that the traditional structure of society is an important determinant of the scope of trust today. Within Africa, individuals belonging to ethnic groups that organized society using...
View ArticlePeer Effects in Computer Assisted Learning: Evidence from a Randomized...
We conduct a large scale RCT to investigate peer effects in computer assisted learning (CAL). Identification of peer effects relies on three levels of randomization. It is already known that CAL...
View ArticleChina's Gradualistic Economic Approach and Financial Markets -- by Markus K....
China's gradualistic approach allowed the government to learn how the economy reacts to small policy changes, and to adjust its reforms before implementing them in full. With fully developed financial...
View ArticleThe Returns to Online Postsecondary Education -- by Caroline M. Hoxby
This study analyzes longitudinal data on nearly every person who engaged in postsecondary education that was wholly or substantially online between 1999 and 2014. It shows how much they and taxpayers...
View ArticleMacroeconomic Conditions and Opioid Abuse -- by Alex Hollingsworth,...
Past research indicates that physical health measures (such as all-cause mortality) improve when economic conditions temporarily deteriorate, but the relationship between economic conditions and...
View ArticleBubbles for Fama -- by Robin Greenwood, Andrei Shleifer, Yang You
We evaluate Eugene Fama's claim that stock prices do not exhibit price bubbles. Based on US industry returns 1926-2014 and international sector returns 1985-2014, we present four findings: (1) Fama is...
View ArticleProlonging Coal's Sunset: The Causes and Consequences of Local Protectionism...
In recent years, the share of U.S electricity generated by coal has fallen from nearly 50% to 33%. The costs of this transition are spatially concentrated, and mining states have already lost income...
View ArticleSGX Welcomes Hatten Land To Catalist
Singapore Exchange (SGX) today welcomed Hatten Land to Catalist under the stock code “PH0”.read more...
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