Seasonal Liquidity, Rural Labor Markets and Agricultural Production -- by...
Many rural households in low and middle income countries continue to rely on small-scale agriculture as their primary source of income. In the absence of irrigation, income arrives only once or twice...
View ArticleMultihorizon Currency Returns and Purchasing Power Parity -- by Mikhail...
Exposures of expected future depreciation rates to the current interest rate differential violate the UIP hypothesis in a distinctive pattern that is a non-monotonic function of horizon. Conversely,...
View ArticlePlace-Based Policies for Development -- by Gilles Duranton, Anthony J. Venables
Many development policies, such as placement of infrastructure or local economic development schemes, are "place-based." Such policies are generally intended to stimulate private sector investment and...
View ArticleA Practical Guide to Parallelization in Economics -- by Jesus...
This guide provides a practical introduction to parallel computing in economics. After a brief introduction to the basic ideas of parallelization, we show how to parallelize a prototypical application...
View ArticleThe Transmission of Commodity Price Super-Cycles -- by Felipe Benguria,...
We examine the channels through which commodity price super-cycles affect the economy. Exploiting regional variation in exposure to commodity price shocks and administrative firm-level data from Brazil...
View ArticleTail and Center Rounding of Probabilistic Expectations in the Health and...
A growing number of surveys elicit respondents' expectations for future events on a 0-100 scale of percent chance. These data reveal substantial heaping at multiples of 10 and 5 percent, suggesting...
View ArticleShock Value: Bill Smoothing and Energy Price Pass-Through -- by Catherine...
Energy price pass-through receives a lot of academic attention, for several reasons: energy prices can be highly volatile, they impact every consumer and every industry in the economy, and they are...
View ArticleFirm-to-firm Connections in Colombian Imports -- by Andrew B. Bernard, Esther...
The vast majority of world trade flows is between firms. Only recently has research in international trade started to emphasize the importance of the connections between exporters and importers both in...
View ArticleNetworks and Trade -- by Andrew B. Bernard, Andreas Moxnes
Trade occurs between firms both across borders and within countries, and the vast majority of trade transactions includes at least one large firm with many trading partners. This paper reviews the...
View ArticleDebt Overhang, Rollover Risk, and Corporate Investment: Evidence from the...
We quantify the role of financial factors that have contributed to sluggish investment in Europe in the aftermath of the 2008-2009 crisis. Using a big data approach, we match the firms to their banks...
View ArticleWhy Has Economic Growth Slowed When Innovation Appears to be Accelerating? --...
Measured between quarters with identical unemployment rates, U. S. economic growth slowed by more than half from 3.2 percent per year during 1970-2006 to only 1.4 percent during 2006-16, and only half...
View ArticleMeasuring Moore's Law: Evidence from Price, Cost, and Quality Indexes -- by...
"Moore's Law" in the semiconductor manufacturing industry is used to describe the predictable historical evolution of a single manufacturing technology platform that has been continuously reducing the...
View ArticleSophisticated Investors and Market Efficiency: Evidence from a Natural...
We study how sophisticated investors, when faced with changes in information environment, adjust their information acquisition and trading behavior, and how these changes in turn affect market...
View ArticleChina National Radio Questions Legality of OKEx Bitcoin Futures Trading
China National Radio, a high-level mouthpiece of the government, has claimed OKEx illegally offered bitcoin futures and OTC trading.
View ArticleReddit Aims to Relaunch Bitcoin Payments with ETH and LTC Too
Reddit is looking to bring back cryptocurrencies as a payment option â and this time bitcoin won't be the only option.
View ArticleSell In May and Go Away? Not for Bitcoin Bulls
While equity bulls fear drops in May, it should not be a cause of worry for the bitcoin market, according to historical data.
View ArticleInclusive Insurance? Businesses See Blockchain As Change-Enabler
A perfect storm of new tech including blockchain, the internet of things and big data analytics is changing the outlook for microinsurance.
View ArticleDespite ongoing progress, some central counterparties still lag on risk...
IOSCO/MR/12/2018read more...
View ArticleMajority of Businesses Have No Plans for Blockchain, Gartner Finds
A survey by research firm Gartner, shows that 77 percent of CIOs from companies are not interested in deploying blockchain within their organization.
View ArticleNew Ideas Energize Ethereum Though True Signaling Solution Still Elusive
At an invitation-only meeting in Toronto, ethereum developers and companies met to discuss how best to alter the platform given its variety of users.
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