STOXX Opens Hong Kong Office To Further Expand Into The Asia-Pacific Market...
STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a leading global provider of innovative and tradable index concepts, today announced the expansion of its presence in Asia...
View ArticleStatement By IOSCO Board Chair Ashley Alder On The Launch Of The Foreign...
As chair of IOSCO, I welcome the publication by BIS of a global code of conduct for wholesale foreign exchange markets on 25 May 2017. IOSCO is currently engaged in other areas of wholesale market...
View ArticleLondon Stock Exchange Welcomes Alfa To The Main Market
London Stock Exchange today welcomes Alfa Financial Software Holdings (Alfa), a developer of mission-critical software for the asset finance industry, to the Main Market, following the company’s £975...
View ArticleRSRCHXchange Wins âMost Innovative Data Productâ At The Annual...
RSRCHXchange, the MiFID II research solution and  marketplace for institutional research, won the award for ‘Most Innovative Data Product’ at the annual Financial News Trading and Technology Awards...
View ArticleMalawi Stock Exchange Weekly Trading Report - 26th May, 2017
Click here to download Malawi Stock Exchange's weekly trading report.
View ArticleITG to Present at Sandler OâNeill Global Exchange and Brokerage Conference
NEW YORK, May 26, 2017 (GLOBE NEWSWIRE) -- ITG (NYSE:ITG), a leading independent broker and financial technology provider, today announced that Frank Troise, Chief Executive Officer and President, will...
View ArticleLong Run Growth of Financial Technology -- by Maryam Farboodi, Laura Veldkamp
In most sectors, technological progress boosts efficiency. But financial technology and the associated data-intensive trading strategies have been blamed for market inefficiency. A key cause for...
View ArticleOn the Geography of Global Value Chains -- by Pol Antras, Alonso de Gortari
This paper develops a multi-stage general-equilibrium model of global value chains (GVCs) and studies the specialization of countries within GVCs in a world with barriers to international trade. With...
View ArticleAsset Pricing in the Quest for the New El Dorado -- by Daniel Andrei, Bruce...
Creative destruction not only involves bringing new technology to market, it imposes higher risk on the future of existing assets. We characterize the asset pricing implications of creative destruction...
View ArticleAnd the Children Shall Lead: Gender Diversity and Performance in Venture...
With an overall lack of gender and ethnic diversity in the innovation sector documented in Gompers and Wang (2017), we ask the natural next question: Does increased diversity lead to better firm...
View ArticleThe Impact of Student Debt on Education, Career, and Marriage Choices of...
We develop and estimate a dynamic model to study the impact of student debt on education, career, and marriage market choices of young female lawyers. Our model accounts for several important...
View ArticleAn Equilibrium Model of Housing and Mortgage Markets with State-Contingent...
We develop a tractable general equilibrium framework of housing and mortgage markets with aggregate and idiosyncratic risks, costly liquidity and strategic defaults, empirically relevant informational...
View ArticleMonetary Policy and the Redistribution Channel -- by Adrien Auclert
This paper evaluates the role of redistribution in the transmission mechanism of monetary policy to consumption. Three channels affect aggregate spending when winners and losers have different marginal...
View ArticleThe Effect of Insurance Expansions on Smoking Cessation Medication Use:...
In this study we explore the early effects of recent Medicaid expansions on prescriptions and Medicaid payments for evidence-based smoking cessation prescription medications: Zyban, Chantix, and...
View ArticleSpeculative Dynamics of Prices and Volume -- by Anthony A. DeFusco, Charles...
We present a dynamic theory of prices and volume in asset bubbles. In our framework, predictable price increases endogenously attract short-term investors more strongly than long-term investors....
View ArticleTempered Particle Filtering -- by Edward Herbst, Frank Schorfheide
The accuracy of particle filters for nonlinear state-space models crucially depends on the proposal distribution that mutates time t-1 particle values into time t values. In the widely-used bootstrap...
View ArticleThe Life Cycle of Scholarly Articles across Fields of Research -- by...
Aggregate citation behavior plays a key role in scientific knowledge diffusion, as citations document the collective and cumulative nature of knowledge production. Additionally, citations are commonly...
View ArticleThe Effect of Malpractice Law on Physician Supply: Evidence from...
We explore whether the composition of the physician work force is impacted by the clinical standards imposed on physicians under medical liability rules. We theorize that physicians of particular...
View ArticleDoes Choice Increase Information? Evidence from Online School Search Behavior...
We examine whether changes in the local school choice environment affect the amount of information parents collect about local school quality, using data on over 100 million searches from...
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