TMX Group Consolidated Trading Statistics â May 2016
TMX Group Limited today announced May 2016 trading statistics for its marketplaces – Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange (Alpha), Montréal Exchange (MX) and NGX.read more...
View ArticleESMA Publishes Updated AIFMD Q&A
The European Securities and Markets Authority (ESMA) has published an updated questions and answers document (Q&A) on the application of the Alternative Investment Fund Managers Directive...
View ArticleIEX Strengthens Management Team, Adding New Chief Strategy Officer - Current...
IEX, the first buyside-owned Alternative Trading System (ATS) and one of the largest in U.S. equities, today announces the addition of a new Chief Strategy Officer to bolster its management team as it...
View ArticleFederal Court Orders Florida Resident Rico Omar Cox To Pay Over $940,000 And...
The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge William J. Zloch of the U.S. District Court for the Southern District of Florida (Fort Lauderdale) entered an Order of...
View ArticleCBOE Named âExchange Of The Yearâ At GlobalCapital Americas...
Chicago Board Options Exchange® (CBOE®) announced today that it was named “Exchange of the Year” Thursday night at GlobalCapital’s Americas Derivatives Awards 2016 ceremony in New York City.read more...
View ArticleCFTC Commitments Of Traders Reports Update
The current reports for the week of May 31, 2016 are now available.read more...
View ArticleFederal Reserve Board Approves Advance Notice Of Proposed Rulemaking And...
The Federal Reserve Board on Friday approved an advance notice of proposed rulemaking (ANPR) inviting comment on conceptual frameworks for capital standards that could apply to systemically important...
View ArticleSchaeffler AG To Be Included In MDAX - Deutsche Börse Reviews...
On Friday, Deutsche Börse announced changes to its selection indices, which will become effective on 20 June 2016. The shares of Schaeffler AG will be included in the MDAX index and will replace the...
View ArticleEmpirical Evidence on Conditional Pricing Practices -- by Bogdan Genchev,...
Conditional pricing practices allow the terms of sale between a producer and a downstream distributor to vary based on the ability of the downstream firm to meet a set of conditions put forward by the...
View ArticleCan War Foster Cooperation? -- by Michal Bauer, Christopher Blattman, Julie...
In the past decade, nearly 20 studies have found a strong, persistent pattern in surveys and behavioral experiments from over 40 countries: individual exposure to war violence tends to increase social...
View ArticleAre Supply Shocks Contractionary at the ZLB? Evidence from...
The basic New Keynesian model predicts that positive supply shocks are less expansionary at the zero lower bound (ZLB) compared to periods of active monetary policy. We test this prediction empirically...
View ArticleMacroeconomics, Aging and Growth -- by Ronald Lee
Inevitable population aging and slower population growth will affect the economies of all nations in ways influenced by cultural values, institutional arrangements, and economic incentives. One outcome...
View ArticleMarriage Market Equilibrium -- by Robert A. Pollak
The standard Beckerian analysis of marriage market equilibrium assumes that allocation within marriage implements agreements made in the marriage market. This paper investigates marriage market...
View ArticlePrice Elasticities of Pharmaceuticals in a Value-Based-Formulary Setting --...
Ever since the seminal RAND Health insurance experiment (HIE) was conducted, most health care services, including pharmaceuticals, are deemed to be price inelastic with price elasticities of demand...
View ArticleThe Spillovers, Interactions, and (Un)Intended Consequences of Monetary and...
Have bank regulatory policies and unconventional monetary policies--and any possible interactions--been a factor behind the recent "deglobalisation" in cross-border bank lending? To test this...
View ArticleUnderstanding the Improvement in Disability Free Life Expectancy In the U.S....
Understanding how healthy lifespans are changing is essential for public policy. This paper explores changes in healthy lifespan in the U.S. over time and considers reasons for the changes. We reach...
View ArticleThe Upside-down Economics of Regulated and Otherwise Rigid Prices -- by Casey...
A version of the Becker-Lancaster characteristics model featuring quality-quantity tradeoffs reveals a number of surprising market behaviors that can result from price regulations that are imposed on...
View ArticleUnsticking the Flypaper Effect Using Distortionary Taxation -- by Carlos A....
The flypaper effect is a widely-documented puzzle whereby the propensity of sub-national governmental units to spend out of unconditional transfers is higher than the propensity to spend out of private...
View ArticleEnvironmental Taxation -- by Roberton C. Williams III
This paper examines potential environmental tax policy reforms. It focuses primarily on a carbon tax, but also more briefly considers a range of other possible changes. These include revising or...
View ArticleReturns to Consumer Search: Evidence from eBay -- by Thomas Blake, Chris...
A growing body of empirical literature finds that consumers are relatively limited in how much they search over product characteristics. We assemble a dataset of search and purchase behavior from eBay...
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