Saudi Arabia's Capital Market Authority Participates In 16th Meeting Of The...
The Capital Market Authority (CMA) of Saudi Arabia participated in the 16th meeting of the Gulf Cooperation Council (GCC) Heads of Capital Markets Authorities' Committee which was formed by the...
View ArticleJapan Exchange Group: Trading Overview In April 2017
Japan Exchange Group released Trading Overview in April 2017.read more...
View ArticleTokyo Financial Exchange: Trading Volume In April 2017
The trading volume of Three-month Euroyen futures was 138,051 ( - 48.1% MoM / - 9.4% YoY ) and its average daily volume was 6,903 . See the TABLE 1 for the composition of the trading volume. read more...
View ArticleConsumption Inequality and the Frequency of Purchases -- by Olivier Coibion,...
We document a decline in the frequency of shopping trips in the U.S. since 1980 and consider its implications for the measurement of consumption inequality. A decline in shopping frequency as...
View ArticleAll the President's Friends: Political Access and Firm Value -- by Jeffrey R....
Using novel data on White House visitors from 2009 through 2015, we find that corporate executives' meetings with key policymakers are associated with positive abnormal stock returns. We also find...
View ArticleHarnessing Policy Complementarities to Conserve Energy: Evidence from a...
The literature has shown the power of social norms to promote residential energy conservation, particularly among high usage users. This study uses a natural field experiment with nearly 200,000 US...
View ArticleTurbulence, Firm Decentralization and Growth in Bad Times -- by Philippe...
What is the optimal form of firm organization during "bad times"? Using two large micro datasets on firm decentralization from US administrative data and 10 OECD countries, we find that firms that...
View ArticleCost of Service Regulation in U.S. Health Care: Minimum Medical Loss Ratios...
In health insurance markets, an insurer's Medical Loss Ratio (MLR) is the share of premiums spent on medical claims. As part of the goal of reducing the cost of health care coverage, the Affordable...
View ArticleSatisfaction Guaranteed: When Moral Hazard meets Moral Preferences -- by...
Theorists and policy analysts have convincingly argued that greater trust makes a more efficient society by eliminating costly contracts or expensive reputations. Concurrently, experiments suggest that...
View ArticleSupervisors and Performance Management Systems -- by Anders Frederiksen, Lisa...
Supervisors occupy central roles in production and performance monitoring. We study how heterogeneity in performance evaluations across supervisors affects employee and supervisor careers and firm...
View ArticleIndividuals and Organizations as Sources of State Effectiveness, and...
How much of the variation in state effectiveness is due to the individuals and organizations responsible for implementing policy? We investigate this question and its implications for policy design in...
View ArticleA Strategy for Evaluating the Opportunity Cost of Time Estimates from New...
Information frictions imply it is reasonable to expect the same commodity, in a given location, to sell for different prices at the same time. Aguiar and Hurst (AH) [2007] demonstrate how the search...
View ArticleDid Inequality in Farm Sizes Lead to Suppression of Banking and Credit in the...
This paper creates a new database that covers all banks in the United States in the census years between 1870 and 1900 to test the interaction between inequality and financial development when the...
View ArticleHuman Capital and Shocks: Evidence on Education, Health and Nutrition -- by...
Human capital, including health and nutrition, has played a key role in the literature on poverty traps. Economic shocks that affect human capital during early life are thought to translate into...
View ArticleAverting Catastrophes that Kill -- by Ian Martin, Robert S. Pindyck
We face a variety of potential catastrophes; nuclear or bioterrorism, a climate catastrophe, and a "mega-virus" are examples. Martin and Pindyck (AER 2015) showed that decisions to avert such...
View ArticleLiquidity Constraints in the U.S. Housing Market -- by Denis Gorea, Virgiliu...
We study the severity of liquidity constraints in the U.S. housing market using a life-cycle model with uninsurable idiosyncratic risks in which houses are illiquid, but agents have the option to...
View ArticleSharing R&D Risk in Healthcare via FDA Hedges -- by Adam Jorring, Andrew...
The high cost of capital for firms conducting medical research and development (R&D) has been partly attributed to the government risk facing investors in medical innovation. This risk slows down...
View ArticleGoing Public: Readiness And Success Event Held In Cooperation Between Qatar...
In cooperation between QSE and Pillsbury Law Firm, the informative event: “Going Public: Readiness and Success” was held yesterday , April 30 in W Doha Hotel & Residences to focus on important...
View ArticleAl Mawared Amman Stock Exchange Weekly Report, 1 May 2017
ASE falls as several heavyweights trade ex-divided read more...
View ArticleIntercontinental Exchange Completes Acquisition Of TMX Groupâs Atrium
Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced it has completed its all-cash acquisition...
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