Management Practices, Workforce Selection and Productivity -- by Stefan...
Recent research suggests that much of the cross-firm variation in measured productivity is due to differences in use of advanced management practices. Many of these practices - including monitoring,...
View ArticleMoney and Velocity During Financial Crises: From the Great Depression to the...
This study offers a single, consistent model that tracks the velocity of broad money (M2) since 1929, including the Great Depression, the global financial crisis, and the Great Recession. The model...
View ArticleA Glimpse into the World of High Capacity Givers: Experimental Evidence from...
The wealthiest 10% of donors now give 90% of charitable dollars in the U.S., but little is known about what motivates them. Using a natural field experiment on over 5,000 high capacity donors, we find...
View ArticleIdentification and Efficiency Bounds for the Average Match Function under...
Consider two heterogenous populations of agents who, when matched, jointly produce an output, Y. For example, teachers and classrooms of students together produce achievement, parents raise children,...
View ArticleOptimal Currency Area: A 20th Century Idea For the 21st Century? -- by Joshua...
This paper takes stock of the history of the European Monetary Union (EMU) and pegged exchange-rate regimes in recent decades, pointing out the need to reshape the optimal currency area (OCA) criteria...
View ArticleMacroeconomic-Driven Prepayment Risk and the Valuation of Mortgage-Backed...
We introduce a reduced-form modeling framework for mortgage-backed securities in which we solve for the implied prepayment function from the cross section of market prices. From the implied prepayment...
View ArticleThe State of American Entrepreneurship: New Estimates of the Quantity and...
While official measures of business dynamism have seen a long-term decline, early-stage venture financing of new companies has reached levels not observed since the late 1990s, resulting in a sharp...
View ArticleThree-generation Mobility in the United States, 1850-1940: The Role of...
This paper estimates intergenerational elasticities across three generations in the United States in the late 19th and early 20th centuries. We extend the methodology in Olivetti and Paserman (2015) to...
View ArticleTukey's Transformational Ladder for Portfolio Management. (arXiv:1603.06050v1...
Recently, the authors of (\cite{Ernst}) empirically showed that over the 1958-2014 horizon, the returns of the MaxMedian S\&P 500 portfolio (see \cite{thomp2}) substantially exceed both those of...
View ArticleThe Circle of Investment. (arXiv:1603.06047v1 [q-fin.PM])
We will look at the entire cycle of the investment process relating to all aspects of, formulating an investment hypothesis, constructing a portfolio based on that, executing the trades to implement...
View ArticleSolving Society's Big Ills, A Small Step. (arXiv:1603.06034v1 [q-fin.GN])
We look at a collection of conjectures with the unifying message that smaller social systems, tend to be less complex and can be aligned better, towards fulfilling their intended objectives. We touch...
View ArticleDalian Commodity Exchange: Notice On Collecting Annual Membership Fees For 2016
According to the relevant provisions of the “Bylaws of Dalian Commodity Exchange” and the “Measures of Dalian Commodity Exchange for Management of Members”, DCE will collect the annual membership fees...
View ArticleKRX: Global Construction Equipment Maker, Doosan Bobcat May Join KOSPI Market
The KRX (Chairman and CEO: Kyungsoo Choi) said that Doosan Bobcat, global construction equipment maker signed a principal underwriting agreement for listing on KOSPI Market with Korea Investment %amp;...
View ArticleJapan Exchange Group: 2nd Medium-Term Management Plan For FY2016 To FY2018
JPX achieved targeted JPY 8.5 bil. cost reductions from business integration synergies, and final results are expected to be well clear of initial targets.read more...
View ArticleThe World Federation Of Exchanges Releases Research Paper On SME Markets
The World Federation of Exchanges, which represents more than 200 market infrastructure providers including exchanges and CCP’s, today released the results of a study on SME markets.read more...
View ArticleHazelcast Teams With Azul Systems, Certifies Zing For Demanding In-Memory...
Highlights: read more...
View ArticleLME Deploys Shield Repository To Support Belt And Road Initiative
The London Metal Exchange (LME) today announces a strategic alliance with Henry Bath & Son Ltd, CMST Development Co Ltd and Mercuria Energy Trading to list warehouses for the LME’s new LMEshield...
View ArticleAppointing A CEO For The Saudi Stock Exchange
With reference to Tadawul's announcement dated on 30/01/1437H corresponding to 2015/11/12 , for the appointment of Mr. Khalid Abdullah Al Hussan as an acting CEO of Tadawul, the CMA Board of...
View ArticleLME deploys Shield repository to support Belt and Road initiative
The London Metal Exchange (LME) today announces a strategic alliance with Henry Bath & Son Ltd, CMST Development Co Ltd and Mercuria Energy Trading to list warehouses for the LMEâs new LMEshield...
View ArticleLiquidnet Launches Trading Of Taiwan Equities - Buy-Side Firms Can Now Access...
Liquidnet, the global institutional trading network, announced today that its global buy-side community of more than 800 asset managers can now trade Taiwan-listed securities directly and anonymously...
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