CBOE Holdings Announces Early Termination Of Hart-Scott-Rodino Waiting Period...
CBOE Holdings, Inc. (NASDAQ: CBOE) today announced that the U.S. Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of...
View ArticleStatement By New York Attorney General Eric T. Schneiderman On $25 Million...
Attorney General Eric T. Schneiderman issued the following statement on the $25 million settlement agreement reached in Trump University case:read more...
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Wiley Study Guide for 2017 Level II CFA Exam: Complete Set
 The Wiley Study Guides for the Level II CFA exam are proven to help candidates understand, retain, and master the CFA Program Curriculum, complete with color-coded Study Guides and coverage of every...
View ArticleHedge Fund Modelling and Analysis: An Object Oriented Approach Using C++
Hedge fund managers cannot afford to ignore their risk/return profiles, and taking advantage of new technologies is an excellent way to minimize risk and capitalize on various investment styles. As...
View ArticleSpeech By Federal Reserve Governor Jerome H. Powell At "CPBS 2016...
It is a pleasure for me to return to the Center for Pacific Basin Studies here at the San Francisco Fed. The global economy is at a critical juncture today. According to the International Monetary...
View ArticleTehran Stock Exchange: IFRS For Iranian Listed Companies
Based on the Securities and Exchange Organization’s recent announcement, all listed banks, credit institutes and insurance companies are required to provide their audited annual financial statements...
View Article502 Billion Dirhams Foreign & Institutional Investment In ADX For...
Foreign investors’ buy value in Abu Dhabi Securities Exchange (ADX) in October reached 1.318 billion Dirhams, representing %56.7 of total trades executed on the Exchange. Meanwhile their sell value...
View ArticleUpdate On Very Disconcerting Developments In Communist China And A Deeper...
As P.T. Barnum, our new cartoon, carnival-barking, shyster U.S. president gets ready to take office, (The true Trump is already starting to reveal himself.) I wanted to talk about some of what is...
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The Value of Risk-Based Capital in Financial Regulation
Photo Credit: elycefeliz || Duck, it’s a financial crisis! read more...
View ArticleMeasuring and Analyzing the Shares of Economic Growth Sources in the Mining...
The purpose of this study is to measure the Total Factor Productivity (TFP) growth and determine the share of each of the economic growth sources in the mining sector of Iran. The time period of this...
View ArticleA New Set of Financial Instruments. (arXiv:1612.00828v1 [q-fin.PR])
We develop a new method for hedging derivatives based on the premise that a hedger should not always rely on a universal set of trading instruments that are used to form a linear portfolio of the...
View ArticleA Market Driver Volatility Model via Policy Improvement Algorithm....
In the over-the-counter market in derivatives, we sometimes see large numbers of traders taking the same position and risk. When there is this kind of concentration in the market, the position impacts...
View ArticleOptimal consumption and investment under transaction costs....
In this article we consider the Merton problem in a market with a single risky asset and transaction costs. We give a complete solution of the problem up to the solution of a free-boundary problem for...
View ArticleThe Great Recession and Charitable Giving -- by Jonathan Meer, David H....
We examine the impact of the Great Recession on charitable giving. We find sharp declines in overall donative behavior that is not accounted for by shocks to income or wealth. These results suggest...
View ArticlePrice Regulation, Price Discrimination, and Equality of Opportunity in Higher...
This paper assesses the importance of price regulation and price discrimination to low-income students' access to opportunities in public higher education. Following a policy change in the state of...
View ArticleMaking the One Percent: The Role of Elite Universities and Elite Peers -- by...
This paper estimates the effect of elite college admission on students' chances of attaining top positions in the economy, and explores the importance of peer ties as an underlying mechanism. I combine...
View ArticleThe Long-Run Effects of Childhood Insurance Coverage: Medicaid...
This paper exploits the original introduction of Medicaid (1966-1970) and the federal mandate that states cover all cash welfare recipients to estimate the effect of childhood Medicaid eligibility on...
View ArticleThe Effect of Early Education on Social Preferences -- by Alexander W....
We present results from the first study to examine the causal impact of early childhood education on social preferences of children. We compare children who, at 3-4 years old, were randomized into...
View ArticleInvestment-less Growth: An Empirical Investigation -- by German Gutierrez,...
We analyze private fixed investment in the U.S. over the past 30 years. We show that investment is weak relative to measures of profitability and valuation - particularly Tobin's Q, and that this...
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