UK Financial Conduct Authority Announces Changes To Advice On Pension Transfers
The Financial Conduct Authority (FCA) has today published new rules on pension transfer advice and is seeking views on additional changes, including adviser charging structures. The new rules and areas...
View ArticleUK Charity Taps Blockchain Platform to Boost Trust in Donations
British charity English Heritage has joined the Giftcoin platform, which tokenizes donations for the purpose of traceability.
View ArticleAlibaba Payment Affiliate Rules Out ICO Fundraising
Ant Financial Services Group, Alibaba's payment affiliate and operator of AliPay, has taken a critical stance over initial coin offerings.
View ArticleTrapped Below $9K, Bitcoin Risks Downside Break
Bitcoin has been trading sideways in a narrow range over the last week, but a drop toward $8,000 may be on the way.
View ArticleSecurities Commission Malaysia: Court Of Appeal Jails Ex-Director For...
The Court of Appeal on Friday, 23 March 2018, dismissed an appeal by former director of LFE Corporation Bhd (LFE), Alan Rajendram a/l Jeya Rajendram, against his conviction for furnishing false...
View ArticleThe 2nd Japan-UAE Financial Cooperation Seminar Joint Press Release
On March 26, Financial Services Agency and Ministry of Finance co-hosted “the 2nd Japan- UAE Financial Cooperation Seminar” with the participation of H. E. Mr. Takao Ochi, State Minister for Financial...
View ArticleThe Request Network Foundation Announces Partnership With PwC France And...
Blockchain technology has become one of the most talked about and disruptive technologies of the last decade, leading to a surge in permissionless innovation and increased R&D in all other...
View ArticleMatrix (MAN) Interview w/ Steve Deng - Chief AI ScientistMatrix (MAN)...
In this interview, Steve explains the Matrix blockchain and how it AI techniques to revolutionize the landscape of cryptocurrency. 0:52 AI and the challenges of blockchain 2:50 How will Matrix achieve...
View ArticleShould they stay or should they go? Climate Migrants and Local Conflicts --...
There is extensive evidence that higher temperature increases the probability of local conflict. There is also some evidence that emigration represents an important margin of adaptation to climatic...
View ArticleRace and Economic Opportunity in the United States: An Intergenerational...
We study the sources of racial and ethnic disparities in income using de-identified longitudinal data covering nearly the entire U.S. population from 1989-2015. We document three sets of results....
View ArticleU.S. Employment and Opioids: Is There a Connection? -- by Janet Currie, Jonas...
This paper uses quarterly county-level data to examine the relationship between opioid prescription rates and employment-to-population ratios from 2006-2014. We first estimate models of the effect of...
View ArticleForeign Safe Asset Demand and the Dollar Exchange Rate -- by Zhengyang Jiang,...
We develop a theory that links foreign investors' demand for the safety of U.S. Treasury bonds to the value of the dollar in spot markets. An increase in the convenience yield that foreign investors...
View ArticleThe Impacts of Paid Family Leave Benefits: Regression Kink Evidence from...
Although the United States provides unpaid maternity and family leave to qualifying workers, it is the only OECD country without a national paid leave policy, making wage replacement a pivotal issue...
View ArticleDoes Cheap Talk Affect Market Outcomes? Evidence from eBay -- by Daniel W....
We study the use of and response to cheap talk by firms and their consumers, focusing on unverifiable promises of charitable donations on eBay. For transactions during March 2005 - May 2006, cheap talk...
View ArticleDo Financial Frictions Explain Chinese Firms' Saving and Misallocation? -- by...
We use firm-level data to identify financial frictions in China and explore the extent to which they can explain firms' saving and capital misallocation. We first document the features of the data in...
View ArticleSelecting Directors Using Machine Learning -- by Isil Erel, Lea H. Stern,...
Can an algorithm assist firms in their hiring decisions of corporate directors? This paper proposes a method of selecting boards of directors that relies on machine learning. We develop algorithms with...
View ArticleMarkups Across Space and Time -- by Eric Anderson, Sergio Rebelo, Arlene Wong
In this paper, we provide direct evidence on the behavior markups in the retail sector across space and time. Markups are measured using gross margins. We consider three levels of aggregation: the...
View ArticleCapital Inflows, Equity Issuance Activity, and Corporate Investment -- by...
We use issuance-level data to study how equity capital inflows that enter emerging market economies affect equity issuance and corporate investment. We show that foreign inflows are strongly correlated...
View ArticleThe Macroeconomic Announcement Premium -- by Jessica A. Wachter, Yicheng Zhu
Empirical studies demonstrate striking patterns in stock market returns in relation to scheduled macroeconomic announcements. First, a large proportion of the total equity premium is realized on days...
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