Abu Dhabi Securities Exchange (ADX) Partakes In China Investment Conference 2016
His Excellency Rashed Al Blooshi, CEO of Abu Dhabi Securities Exchange (ADX), stated that the United Arab Emirates (UAE) enjoys a strong relationship with China and mentioned that the value of trade...
View ArticleSource Overweights European Equities Despite Negative Sentiment
The Research team at Source favours European equities over those of the US and holds a maximum overweight to the Eurozone in the Source Multi-Asset Portfolio (a model portfolio).read more...
View ArticleBats Europe Encourages Industry Harmonisation For MiFID II Requirement For...
Bats Europe (Bats), the region’s largest stock exchange operator, has made available for testing on its platform its MiFID II compliant process for order record keeping, which the exchange is proposing...
View ArticleExtension Of Authorisation Of The Clearing House KDPW_CCP
The Polish Financial Supervision Authority (KNF) has extended the authorisation of the clearing house KDPW_CCP to cover new classes of instruments and categories of acceptable collateral as of 9 August...
View ArticleThai Alternative Bourse's Listed Firms Reports Upbeat Q2 Earnings
Thai companies listed on Market for Alternative Investment (mai), under the Stock Exchange of Thailand (SET) group, reported the combined net profit of THB 2.33 billion (approx. USD 66.63 million) in...
View ArticleDIFC Establishes Wealth Management Working Group
The Governor of the DIFC, HE Essa Kazim, has established a DIFC Wealth Management Working Group to discuss and compile an updated wealth management strategy for the DIFC. Its key focus areas will be to...
View ArticleCan Natural Gas Save Lives? Evidence from the Deployment of a Fuel Delivery...
There has been a widespread displacement of coal by natural gas as space heating and cooking technology in Turkey in the last two decades, triggered by the deployment of natural gas networks. In this...
View ArticleThe Rise in Life Expectancy, Health Trends among the Elderly, and the Demand...
The objective is to review the evidence on (a) ageing and health and (b) the demand for health- and social services among the elderly. Issues are: does health status of the elderly improve over time,...
View ArticleCash Flow Duration and the Term Structure of Equity Returns -- by Michael Weber
The term structure of equity returns is downward-sloping: stocks with high cash flow duration earn 1.10% per month lower returns than short-duration stocks in the cross section. I create a measure of...
View ArticleMarketplace Plan Payment Options for Dealing with High-Cost Enrollees -- by...
Two of the three elements of the ACA's "premium stabilization program," reinsurance and risk corridors, are set to expire in 2017, leaving risk adjustment alone to protect plans against risk of...
View ArticleThe Marginal Propensity to Consume Over the Business Cycle -- by Tal Gross,...
This paper estimates how the marginal propensity to consume (MPC) varies over the business cycle by exploiting exogenous variation in credit card borrowing limits. Ten years after an individual...
View ArticleFamily Descent as a Signal of Managerial Quality: Evidence from Mutual Funds...
We study the relation between mutual fund managers' family backgrounds and their professional performance. Using hand-collected data from individual Census records on the wealth and income of managers'...
View ArticleAssessing Point Forecast Accuracy by Stochastic Error Distance -- by Francis...
We propose point forecast accuracy measures based directly on distance of the forecast-error c.d.f. from the unit step function at 0 ("stochastic error distance," or SED). We provide a precise...
View ArticleDo Hospital-Owned Skilled Nursing Facilities Provide Better Post-Acute Care...
As hospitals are increasingly held accountable for patients' post-discharge outcomes under new payment models, hospitals may choose to acquire skilled nursing facilities (SNFs) to better manage these...
View ArticleThe Opportunity Costs of Entrepreneurs in International Trade -- by Timothy...
We show that a trade model with an exogenous set of heterogeneous firms with fixed operating costs has the same aggregate outcomes as a span-of-control model. Fixed costs in the heterogeneous-firm...
View ArticleLife-Cycle Consumption Patterns at Older Ages in the US and the UK: Can...
In this paper we document significantly steeper declines in nondurable expenditures in the UK compared to the US, in spite of income paths being similar. We explore several possible causes, including...
View ArticleAugmenting the Human Capital Earnings Equation with Measures of Where People...
We augment standard ln earnings equations with variables reflecting unmeasured attributes of workers and measured and unmeasured attributes of their employer. Using panel employee-establishment data...
View ArticleThe Effects of School Desegregation on Mixed-Race Births -- by Nora Gordon,...
We find a strong positive correlation between black exposure to whites in their school district and the prevalence of later mixed-race (black-white) births, consistent with the literature on...
View ArticleNigerian Stock Exchange And Bloomberg Set To Hold 2nd CEO Roundtable - With...
The Nigerian Stock Exchange (NSE) in collaboration with Bloomberg is set to host the 2nd NSE Bloomberg CEO Roundtable Event on Wednesday, 31st August 2016 at the Stock Exchange House, Marina,...
View ArticleTIM Group Bolsters Size Of Us Offices With Three New Hires - Three New Hires...
TIM Group, a global provider of software, services and platforms for institutional investors to achieve market-beating returns, has recruited three further members to work in its New York office, to...
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