Estimating Cross-Industry Cross-Country Interaction Models Using Benchmark...
Empirical cross-industry cross-country models are applied widely in economics, for example to investigate the determinants of economic growth or international trade. Estimation generally relies on US...
View ArticleWillingness to Pay for Clean Air: Evidence from Air Purifier Markets in China...
We develop a framework to estimate willingness to pay (WTP) for clean air from defensive investment. Applying this framework to product-by-store level scanner data on air purifier sales in China, we...
View ArticleWhat Do Measures of Real-time Corporate Sales Tell Us about Earnings...
We develop real-time proxies of retail corporate sales from multiple sources, including ~50 million mobile devices. These measures contain information from both the earnings quarter ("within quarter")...
View ArticleTerm Structure of Uncertainty in the Macroeconomy -- by Jaroslav Borovicka,...
Dynamic economic models make predictions about impulse responses that characterize how macroeconomic processes respond to alternative shocks over different horizons. From the perspective of asset...
View ArticleDoing More When You're Running LATE: Applying Marginal Treatment Effect...
I examine treatment effect heterogeneity within an experiment to inform external validity. The local average treatment effect (LATE) gives an average treatment effect for compliers. I bound and...
View ArticleGlobal Service Efficiency and the Role of Special and Differential Based...
This paper argues that the pursuit of special and differential treatments (SDT) by developing countries has hampered the liberalization of global service trade, which is one of the causes of the only...
View ArticleOpening Statement of Commissioner Sharon Bowen before the Market Risk...
Opening Statement of Commissioner Sharon Bowen before the Market Risk Advisory Committee
View ArticleMoscow Exchange: Main Clearing Session Starts Later For Derivatives On 27 June
Please be informed that the main clearing session for derivatives starts at 18:44:18 MSK precise time due to TCS servers time and precise time desynchronization. Orders for option expiration...
View ArticleMIAX Options Holiday Schedule - July 4th 2016
Please be advised that the MIAX Options Exchange will be closed on Monday, July 4, 2016 in observance of Independence Day.
View ArticleU.S. Department Of The Treasury: Remarks By Secretary Jacob J. Lew At The...
Good morning. Thank you, Randy, for that kind introduction and for your leadership within this great organization. It is a pleasure to join you all again for this important and timely discussion....
View ArticleCFTC: Opening Statement Of Commissioner Sharon Bowen Before The Market Risk...
Welcome to the June 27, 2016 meeting of the Market Risk Advisory Committee (MRAC). I am excited to be the sponsor of this Committee, which brings together a diverse group of market participants to...
View ArticleStatement of CFTC Chairman Timothy Massad before the Market Risk Advisory...
Statement of CFTC Chairman Timothy Massad before the Market Risk Advisory Committee
View ArticleIntercontinental Exchange Launches Expanded ICE Data Services - Ice Data...
Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges, clearing houses and data services, today introduced the expanded ICE Data Services, bringing together proprietary exchange...
View ArticleTMX Group Names John McKenzie Chief Financial Officer
TMX Group Limited today announced that John McKenzie has been named Chief Financial Officer (CFO), effective July 11, 2016.read more...
View ArticleStatement Of CFTC Chairman Timothy Massad Before The Market Risk Advisory...
Thank you. Let me just express my appreciation to Commissioner Bowen, her staff, and the distinguished members of the Market Risk Advisory Committee for all the work that has gone into today’s meeting...
View ArticleWhat Do Job Seekers Want?
Wade Burgess, VP of talent solutions at LinkedIn, wrote an article for Fast Company this week. He explains the findings from the company's 2016 Talent Trends study. In that research, LinkedIn asked...
View ArticleExegy Delivers Solid Brexit Performance
Exegy is pleased to report that all market data appliances within its global estate delivered uninterrupted performance throughout the volatile market conditions preceding and following the British...
View Article27Jun/BIS appoints Monica Ellis as Secretary General
The Board of Directors of the Bank for International Settlements (BIS) today announced the appointment of Monica Ellis as Secretary General. Her appointment takes effect on 1 January 2017 and is for a...
View ArticleIFDP 2016-1170: What Determines the Composition of International Bank Flows?
Friederike Niepmann and Cornelia Kerl | This paper studies how frictions to foreign bank operations affect the sectoral composition of banks' foreign positions, their funding sources and international...
View ArticleS&P Global Ratings: Ratings On The United Kingdom Lowered To 'AA' On...
OVERVIEW In the nationwide referendum on the U.K.’s membership of the European Union (EU), the majority of the electorate voted to leave the EU. In our opinion, this outcome is a seminal event, and...
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