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Borsa İstanbul: BISTECH Project Phase II Derivatives Market Participant...
BISTECH Project Phase II Derivatives Market (VIOP) participant briefing was held at Borsa Ä°stanbul Conference Hall on August 24, 2016, with the participation of the market members, independent...
View ArticleIMF’s Assessment Of The Swedish Financial System
During 2016, the International Monetary Fund (IMF) conducted a special review of the Swedish financial sector to assess its stability and identify potential vulnerabilities. The review is part of the...
View ArticleNigerian Stock Exchange Weekly Report For Week Ending 2nd September 2016
A turnover of 1.115 billion shares worth N13.817 billion in 16,083 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.124 billion shares valued at N13.839...
View ArticleOffice Of The Comptroller Of The Currency Releases CRA Evaluations For 30...
The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of August 1, 2016 through...
View ArticleIrish Stock Exchange Profits Rise By 25% To €6.7m On Revenues Of...
The Irish Stock Exchange (ISE) has announced another strong financial year with its 2015 performance showing a 25% rise in profit after tax to €6.7m, an increase in revenues of 12% to €27.8m and a...
View ArticleMIAX Options Exchange: Rule Change Notices - FINRA Arbitration Rules
The following MIAX Regulatory Circulars describe changes to certain FINRA Code of Arbitration Procedures for Customer and Industry Disputes.read more...
View ArticleCFTC Commitments Of Traders Reports Update
The current reports for the week of August 30, 2016 are now available.read more...
View ArticleEmotional Judges and Unlucky Juveniles -- by Ozkan Eren, Naci Mocan
Employing the universe of juvenile court decisions in a U.S. state between 1996 and 2012, we analyze the effects of emotional shocks associated with unexpected outcomes of football games played by a...
View ArticleSubstance Abuse Treatment Centers and Local Crime -- by Samuel R. Bondurant,...
In this paper we estimate the effects of expanding access to substance-abuse treatment on local crime. We do so using an identification strategy that leverages variation driven by...
View ArticleThe Welfare Cost of Retirement Uncertainty -- by Frank N. Caliendo, Maria...
Uncertainty about the timing of retirement is a major financial risk with implications for decision making and welfare over the life cycle. Our conservative estimates of the standard deviation of the...
View ArticleInformal Labor and the Efficiency Cost of Social Programs: Evidence from the...
It is widely believed that the presence of a large informal sector increases the efficiency cost of social programs - transfer and social insurance programs - in developing countries. We evaluate such...
View ArticleWomen Working Longer: Facts and Some Explanations -- by Claudia Goldin,...
American women are working more, through their sixties and even into their seventies. Their increased participation at older ages started in the late 1980s before the turnaround in older men's labor...
View ArticleOlder Women's Labor Market Attachment, Retirement Planning, and Household...
The goal of this paper is to ascertain whether older women's current and anticipated future labor force patterns have changed over time, and if so, to evaluate the factors associated with longer work...
View ArticleCan Myopic Loss Aversion Explain the Equity Premium Puzzle? Evidence from a...
Behavioral economists have recently put forth a theoretical explanation for the equity premium puzzle based on combining myopia and loss aversion. Complementing the behavioral theory is evidence from...
View ArticleLabour Market Regulations and Capital Intensity -- by Gilbert Cette, Jimmy...
On the basis of a country*industry unbalanced panel data sample for 14 OECD countries and 18 industries covering the years 1988 to 2007, this study proposes an econometric investigation of the effects...
View ArticleCertified Random: A New Order for Co-Authorship -- by Debraj Ray, Arthur Robson
In economics, alphabetical name order is the baseline norm for joint publications. A growing literature suggests, however, that alphabetical order confers uneven benefits on the first author. This...
View ArticleMigration as a Test of the Happiness Set Point Hypothesis: Evidence from...
Strong versions of the set point hypothesis argue that subjective well-being measures reflect each individual's own personality and that deviations from that set point will tend to be short-lived,...
View ArticleHospital Network Competition and Adverse Selection: Evidence from the...
Health insurers increasingly compete on their covered networks of medical providers. Using data from Massachusetts' pioneer insurance exchange, I find substantial adverse selection against plans...
View ArticleOptimal Monetary Policy in a Collateralized Economy -- by Gary Gorton, Ping He
In the last forty or so years the U.S. financial system has morphed from a mostly insured retail deposit-based system into a system with significant amounts of wholesale short-term debt that relies on...
View ArticleStrategic Patient Discharge: The Case of Long-Term Care Hospitals -- by Paul...
Medicare's prospective payment system for long-term acute-care hospitals (LTCHs) gives providers modest reimbursements for short patient stays before jumping discontinuously to a large lump-sum payment...
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