Russia's National Settlement Depository Opens Account With Georgian CSD
On 9 September 2016, National Settlement Depository (NSD), Russia’s central securities depository, and the Georgian Central Securities Depository (GCSD) signed an agreement to open an account of NSD...
View ArticleHKFE Announces Revised Margins For Futures Contracts
Please be advised that pursuant to Exchange Rule 617(d) and HKCC Rule 402, the Exchange and the Clearing House have determined that with effect from the commencement of trading on Wednesday, 14...
View ArticleEuropean Parliament: Hearing Of Julian King
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View ArticleDeutsche Börse Cash Market: Uniper SE IPO on Frankfurt Stock Exchange -...
Uniper SE (ISIN: DE000UNSE018) has been listed in the Prime Standard at the Frankfurt Stock Exchange since 12 September 2016. A total of about 366 million shares were placed in the IPO. The total issue...
View ArticleUnited Kingdom Parliament Treasury Committee Update: Letter From Tracey...
Dear Andrew,read more...
View ArticleDeputy Governor Minouche Shafik To Leave Bank Of England
Minouche Shafik, Deputy Governor for Markets and Banking, will leave the Bank at the end of February 2017 to become the Director of the London School of Economics (LSE). Bank of England Governor Mark...
View ArticleEfficiency-Morality Trade-Offs in Repugnant Transactions: A Choice Experiment...
Societies prohibit many transactions considered morally repugnant, although potentially efficiency-enhancing. We conducted an online choice experiment to characterize preferences for the morality and...
View ArticleTechnological Leadership (de)Concentration: Causes in ICTE -- by Yasin Ozcan,...
Using patents as indicators of inventive activity, this article characterizes the concentration of origins of invention from 1976 to 2010, and how these changed over time. The analysis finds pervasive...
View ArticleStudent Coaching: How Far Can Technology Go? -- by Philip Oreopoulos, Uros...
Recent studies show that programs offering structured, one-on-one coaching and tutoring tend to have large effects on the academic outcomes of both high school and college students. These programs are...
View ArticleThrivers and Divers: Using Non-Academic Measures to Predict College Success...
We collect a comprehensive set of non-academic characteristics for a representative sample of incoming freshman to explore which measures best predict the wide variance in first-year college...
View ArticleHeterogeneous Impact Dynamics of a Rural Business Development Program in...
We study the impacts of a rural development program designed to boost the income of the small-farm sector in Nicaragua. Exploiting the random assignment of treatment, we find statistically and...
View ArticleUsing Big Data to Estimate Consumer Surplus: The Case of Uber -- by Peter...
Estimating consumer surplus is challenging because it requires identification of the entire demand curve. We rely on Uber's "surge" pricing algorithm and the richness of its individual level data to...
View ArticleHeterogeneous Wealth Dynamics: On the Roles of Risk and Ability -- by Paulo...
This paper studies the causal mechanisms behind persistent poverty. Using original data on Boran pastoralists of southern Ethiopia, we find that heterogeneous and nonlinear wealth dynamics arise purely...
View ArticleThe Importance of Unemployment Insurance as an Automatic Stabilizer -- by...
We assess the extent to which unemployment insurance (UI) serves as an automatic stabilizer to mitigate the economy's sensitivity to shocks. Using a local labor market design based on heterogeneity in...
View ArticleAgro-Ecosystem Productivity and the Dynamic Response to Shocks -- by...
This paper investigates the nonlinear dynamic response to shocks, relying on a threshold quantile autoregression (TQAR) model as a flexible representation of stochastic dynamics. The TQAR model can...
View ArticleHigh-Skilled Immigration and the Rise of STEM Occupations in U.S. Employment...
Abstract In this paper, we document the importance of high-skilled immigration for U.S. employment in STEM fields. To begin, we review patterns of U.S. employment in STEM occupations among workers with...
View ArticleIs The Mediterranean The New Rio Grande? US And EU Immigration Pressures In...
How will worldwide changes in population affect pressures for international migration in the future? We contrast the past three decades, during which population pressures contributed to substantial...
View ArticleIFORS Regional Groupings – IFORS News September 2016
As President of IFORS I write a quarterly column for its IFORS Newsletter (which I highly recommend). Â This is my column for September 2016.read more...
View ArticleClearstream’s Monthly Report
After the successful third migration wave, TARGET2 Securities (T2S) is now gaining momentum, and Europe is one step closer to a harmonised settlement. With its own migration drawing near, Clearstream...
View ArticleMoney.Net Integrates Vela’s SuperFeed Into Its Market Data Distribution...
Vela, a global industry leader in high performance trading and market data technology, has successfully on-boarded its consolidated market data feed, SuperFeed, at Money.Net, one of New York’s fastest...
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