Japanâs Financial Services Agency: The Third Meeting Of The Working...
The Working Group on Corporate Disclosure of the Financial System Council will hold its third meeting on February 19th, 2016 as follows.read more...
View ArticleBursa Malaysia Securities Reprimands, Fines And Suspends Long Jin Seng For...
Bursa Malaysia Securities Berhad (635998-W) (Bursa Malaysia Securities) has publicly reprimanded, imposed a fine of RM30,000 and suspended/restricted (as the case may be) Long Jin Seng (LONG) for 6...
View ArticleDeutsche Börse Cash Market: New PowerShares ETF On Xetra...
A new index fund from the ETF offering of PowerShares Global Funds has been tradable on Xetra and Börse Frankfurt since Monday, 15 February. ETF name: PowerShares EURO STOXX High Dividend Low...
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Race to the top: The Duel between Alphabet and Apple!
Apple and Alphabet, the two companies jockeying for the prize of âlargest market cap company in the worldâ are both incredibly successful businesses, with unparalleled cash machines (the iPhone...
View ArticleSolution Methods for Models with Rare Disasters -- by Jesus...
This paper compares different solution methods for computing the equilibrium of dynamic stochastic general equilibrium (DSGE) models with rare disasters along the line of those proposed by Rietz...
View ArticleJust Starting Out: Learning and Equilibrium in a New Market -- by Ulrich...
We document the evolution of the newly created market for frequency response within the UK electricity system over a six-year period. Firms competed in price while facing considerable initial...
View ArticleThe Mobility of Elite Life Scientists: Professional and Personal Determinants...
As scientists' careers unfold, mobility can allow researchers to find environments where they are more productive and more effectively contribute to the generation of new knowledge. In this paper, we...
View ArticleEffect of International Competition on Firm Productivity and Market Power --...
We propose a framework to evaluate the potential impact of international competition on firm performance and highlight two points. First, it is important to consider effects on productive efficiency...
View ArticleThe Sovereign-Bank Diabolic Loop and ESBies -- by Markus K. Brunnermeier,...
We propose a simple model of the sovereign-bank diabolic loop, and establish four results. First, the diabolic loop can be avoided by restricting banks' domestic sovereign exposures relative to their...
View ArticleWho Benefits from Calorie Labeling? An Analysis of its Effects on Body Mass...
This study uses county-level variation in implementation of calorie labeling laws in the US to identify the effects of such laws on body mass. Using the 2003 to 2012 waves of the Behavioral Risk Factor...
View ArticleWhat has Been Happening to UK Income Inequality Since the Mid-1990s? Answers...
Estimates of UK income inequality trends differ substantially according to whether estimates are based on household survey data (used for official statistics) or tax return data (used in the top...
View ArticleIncluding Health Insurance in Poverty Measurement: The Impact of...
We develop and implement what we believe is the first conceptually valid health-inclusive poverty measure (HIPM)--a measure that includes health care or insurance in the poverty needs threshold and...
View ArticleMicro to Macro: Optimal Trade Policy with Firm Heterogeneity -- by Arnaud...
The empirical observation that "large firms tend to export, whereas small firms do not" has transformed the way economists think about the determinants of international trade. Yet, it has had...
View ArticleEconomic Backwardness and Catching Up: Brazilian Agriculture, 1964-2014 -- by...
Alexander Gerschenkron understood the development of backward countries as a contextual process that varied from country to country depending on which perquisites were present or absent. In the past...
View ArticleIntergenerational Persistence of Health in the U.S.: Do Immigrants Get...
It is well known that a substantial part of income and education is passed on from parents to children, generating substantial persistence in socio-economic status across generations. In this paper, we...
View ArticleLearning Job Skills from Colleagues at Work: Evidence from a Field Experiment...
We study on-the-job learning among classroom teachers, especially learning skills from coworkers. Using data from a new field experiment, we document meaningful improvements in teacher job performance...
View ArticleTrade Policy Uncertainty and Exports: Evidence from China's WTO Accession --...
This paper studies how reduction in trade policy uncertainty affects firm export decisions. Using a firm-product level dataset on Chinese exports to the United States and the European Union in the...
View ArticleInternational Trade with Indirect Additivity -- by Paolo Bertoletti, Federico...
We develop a general equilibrium model of monopolistic competition and trade based on indirectly additive preferences and heterogenous firms. It generates markups independent from destination...
View ArticleGrowth, Urbanization and Poverty Reduction in India -- by Gaurav Datt, Martin...
Longstanding development issues are revisited in the light of our newly-constructed dataset of poverty measures for India spanning 60 years, including 20 years since reforms began in earnest in 1991....
View ArticleThe Complexity of Immigrant Generations: Implications for Assessing the...
Because of data limitations, virtually all studies of the later-generation descendants of immigrants rely on subjective measures of ethnic self-identification rather than arguably more objective...
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