ESMA Issues Guidelines On Remuneration Practices Under UCITS And AIFMD
The European Securities and Markets Authority (ESMA) has published today two sets of Guidelines: Guidelines on Sound Remuneration under UCITS (UCITS Remuneration Guidelines) and Guidelines on Sound...
View ArticleJapan's Financial Services Agency: The Second Meeting Of The Working Group On...
The Working Group on the Financial System of the Financial System Council will hold its second meeting on October 18th, 2016 as follows.read more...
View ArticleNYU professor explains how to value tech stocks
NYU professor explains how to value tech stocks: "Paint the technology sector with the same brush at your own peril, warns a finance professor. "Older technology companies are behaving very different...
View Article17Oct/Expanding the boundaries of monetary policy in Asia and the Pacific
Bank Indonesia and the Bank for International Settlements (BIS) co-hosted a research conference on "Expanding the boundaries of monetary policy in Asia and the Pacific" on 20-21 August 2015 in Jakarta....
View ArticleTaiwan Stock Exchange: Eight More Products Added To Taiwan’s ETF...
The ETF universe available on the Taiwan Stock Exchange (TWSE) has expanded rapidly in October. Since the beginning of the month, eight ETFs have listed on the Taiwan capital market, including the...
View ArticleBNP Paribas Consolidates Its Global Listed Derivatives Services
BNP Paribas Corporate and Institutional Banking today announced that it has consolidated its global listed derivatives services onto a single, standardised platform hosted by Fidessa.read more...
View ArticleOslo Børs To List Derivatives On Aker BP
From 17 October options, forwards and futures will be listed on Aker BP as the underlying share.read more...
View ArticleThai Bourse Appoints New Executive In Charge Of Corporate Strategy
The Stock Exchange of Thailand (SET) has appointed Chirathep Senivongs as Executive Vice President (EVP), Corporate Strategy Division, to oversee international relations, effective from November 1,...
View ArticleR.J. O’Brien Hires Staniford To Lead Institutional Business Development...
Chicago-based R.J. O’Brien & Associates (RJO), the oldest and largest independent futures brokerage and clearing firm in the United States, announced today the appointment of industry veteran...
View ArticleWhen Discounts Raise Costs: The Effect of Copay Coupons on Generic...
Branded pharmaceutical manufacturers frequently offer "copay coupons'" that insulate consumers from cost-sharing, thereby undermining insurers' ability to influence drug utilization. We study the...
View ArticleIdeological Segregation among Online Collaborators: Evidence from Wikipedians...
Do online communities segregate into separate conversations when contributing to contestable knowledge involving controversial, subjective, and unverifiable topics? We analyze the contributors of...
View ArticleMacrofinancial History and the New Business Cycle Facts -- by Oscar Jorda,...
In advanced economies, a century-long near-stable ratio of credit to GDP gave way to rapid financialization and surging leverage in the last forty years. This "financial hockey stick" coincides with...
View ArticleMinimum Payments and Debt Paydown in Consumer Credit Cards -- by Benjamin J....
Using a dataset covering one quarter of the U.S. general-purpose credit card market, we document that 29% of accounts regularly make payments at or near the minimum payment. We exploit changes in...
View ArticleCurrent Account Deficits During Heightened Risk: Menacing or Mitigating? --...
Large current account deficits, and the corresponding reliance on capital flows from abroad, can increase a country's vulnerability to periods of heightened risk and uncertainty. This paper develops a...
View ArticleAn Index of Global Economic Policy Uncertainty -- by Steven J. Davis
Building on Baker, Bloom and Davis (2016), I construct a monthly index of Global Economic Policy Uncertainty (GEPU) from January 1997. The GEPU Index is a GDP-weighted average of national EPU indices...
View ArticleInfluencing Connected Legislators -- by Marco Battaglini, Eleonora Patacchini
This paper studies how interest groups allocate campaign contributions when congressmen are connected by social ties. We establish conditions for the existence of a unique Nash equilibrium in pure...
View ArticleChanges in Marriage and Divorce as Drivers of Employment and Retirement of...
We study associations among women's current marital status, past marital history, and later-life labor force participation. We first document these relationships using data from the 1986 to 2008 waves...
View ArticleBalance Sheet Effects on Monetary and Financial Spillovers: The East Asian...
We study how the financial conditions in the Center Economies [the U.S., Japan, and the Euro area] impact other countries over the period 1986 through 2015. Our methodology relies upon a two-step...
View ArticleMarket Potential and Global Growth over the Long Twentieth Century -- by...
We examine the evolution of market potential over the long twentieth century from 1900 to 2010. Theoretically, we exploit a structural gravity model to derive a closed-form solution for a widely-used...
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