Statement By IMF Communications Director Gerry Rice On The Managing...
In response to press queries, Mr. Gerry Rice, Director of Communications at the International Monetary Fund (IMF), made the following statement today relating to the Managing Director’s legal case in...
View ArticleINTL FCStone, Top European Energy Market Participants To Use Thomson Reuters...
INTL FCStone Inc., a Fortune 500 diversified financial services firm, European power company CEZ, and European top energy brokers Griffin, 42FS and Marex Spectron have formally committed to Thomson...
View ArticleCLISA Becomes The First Argentinian Company To List Bonds On The Irish Stock...
Compañía Latinoamericana de Infraestructura & Servicios, (CLISA), a leading Argentinian infrastructure manager and developer, has become the first company from Argentina to list bonds on the Irish...
View ArticleBME: MAB Welcomes Atrys Health
MAB today welcomed ATRYS HEALTH to its segment for growth companies. It is the twelfth company to join MAB so far this year.read more...
View ArticleHong Kong’s Fund Management Business Holds Steady In 2015
The Securities and Futures Commission (SFC) today released its annual Fund Management Activities Survey (FMAS) which shows that the combined fund management business (Note 1) in Hong Kong decreased...
View ArticleEstimation of a Roy/Search/Compensating Differential Model of the Labor...
In this paper we develop a model capturing key features of the Roy model, a search model, compensating differentials, and human capital accumulation on-the-job. We establish which features of the model...
View ArticleTime Discounting and Economic Decision-making Among the Elderly -- by David...
This paper evaluates the extent of heterogeneity in time discounting among elderly Americans, as well as its role in explaining older peoples' key behaviors. We first show how older Americans evaluate...
View ArticleProduction Function Estimation with Measurement Error in Inputs -- by Allan...
Production functions are a central component in a variety of economic analyzes. However, these production functions often first need to be estimated using data on individual production units. There is...
View ArticleThe Labor Market Effects of Credit Market Information -- by Marieke Bos,...
Credit information affects the allocation of consumer credit, but its effects on other markets that are relevant for academic and policy analysis are unknown. This paper measures the effect of negative...
View ArticleCEO Personality and Firm Policies -- by Ian D. Gow, Steven N. Kaplan, David...
Based on two samples of high quality personality data for chief executive officers (CEOs), we use linguistic features extracted from conferences calls and statistical learning techniques to develop a...
View ArticleThe Measurement of Student Ability in Modern Assessment Systems -- by Brian...
Economists often use test scores to measure a student's performance or an adult's human capital. These scores reflect non-trivial decisions about how to measure and scale student achievement, with...
View ArticleProduct Mix and Firm Productivity Responses to Trade Competition -- by...
We document how demand shocks in export markets lead French multi-product exporters to re-allocate the mix of products sold in those destinations. In response to positive demand shocks, those French...
View ArticleWeathering the Great Recession: Variation in Employment Responses by...
This paper finds that US employment changed differently relative to output in the Great Recession and recovery than in most other advanced countries or in the US in earlier recessions. Instead of...
View ArticleMonetary Policy with 100 Percent Reserve Banking: An Exploration -- by Edward...
We explore monetary policy in a world without fractional reserve banking. In our world, banks are purely transaction institutions. Money is a form of government debt that bears interest, which can be...
View ArticleDisentangling the Contemporaneous and Dynamic Effects of Human and Health...
In this study we quantify the life-cycle effects of human and health capital on the wage distribution of females, with a focus on health measured by body mass. We use NLSY79 data on women followed...
View ArticleThe Inner Workings of the Patient Centered Medical Home Model -- by Guy...
The patient-centered medical home (PCMH) is a model for restructuring primary care with a focus on improved access to care and clinical excellence. However, to date, the evidence on its effect on...
View ArticleTaking the Leap: The Determinants of Entrepreneurs Hiring their First...
Job creation is one of the most important aspects of entrepreneurship, but we know relatively little about the hiring patterns and decisions of startups. Longitudinal data from the Integrated...
View ArticleFirst Cabin Fares from New York to the British Isles, 1826-1914 -- by Brandon...
We present a continuous time series on first cabin passenger fares for ocean travel from New York to the British Isles covering nearly a century of time. We discuss the conceptual and empirical...
View ArticleJoint U.S.-EU Financial Regulatory Forum Joint Statement
U.S. and EU participants in the Joint Financial Regulatory Forum (“Forum”) met on July 18 and 19, 2016 in Washington, D.C. to exchange views on financial regulatory developments as part of their...
View Article25Jul/Housing prices, mortgage interest rates and the rising share of capital...
Piketty (2014) documents how the share of aggregate income going to capital in the United States has risen in the post-war era. Rognlie (2015) has since shown that this is largely due to the housing...
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