TOM MTF Statistics Week 24, 2016
Click here to download the weekly statistics update of TOM MTF for week 24, 2016. In week 24 a total of 624.171 equity and index option contracts were traded resulting in a TOM MTF market share versus...
View ArticleIFDP 2016-1169: Changes in Prudential Policy Instruments--A New Cross-Country...
Eugenio Cerutti, Ricardo Correa, Elisabetta Fiorentino, and Esther Segalla | This paper documents the features of a new database that focuses on changes in the intensity in the usage of several widely...
View ArticleBorsa İstanbul And Koç University Initiate Corporate...
In consideration of the fact that capital markets and institutionalization are inseparable, a Corporate Transformation Program has been developed using Borsa Ä°stanbul’s accumulated know-how and Koç...
View ArticleBorsa Ä°stanbul Announces The Constituent Changes To The BIST Equity...
All changes will be applied after the close of business on Thursday, June 30, 2016 and will be effective on Friday, July 1, 2016.BIST 100 INDEXread more...
View ArticleNigerian Stock Exchange Weekly Report For Week Ending 17 June 2016
A turnover of 2.158 billion shares worth N20.394 billion in 24,369 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 959.917 million shares valued at...
View ArticleIrish Stock Exchange Is 14th Best Workplace In Europe And Highest In Ireland
The Irish Stock Exchange (ISE) has been ranked as the 14th Best Workplace in Europe in the small to medium category (50-500 employees) by Great Place to Work® (GPTW). This achievement follows the ISE's...
View ArticleToronto Stock Exchange, TSX Venture Exchange, Montréal Exchange...
Toronto Stock Exchange, TSX Venture Exchange, Montréal Exchange and TSX Alpha Exchange will be closed on Friday, July 1, 2016, for the Canada Day holiday.read more...
View ArticleInnovation And Improving Outcomes - Speech By Christopher Woolard, UK...
Speaker: Christopher Woolard, Director of Strategy and Competition Location: The Banking Hall, London Delivered on: 16 June 2016read more...
View ArticleDo Credit Card Companies Screen for Behavioral Biases? -- by Hong Ru,...
We look at the supply side of the credit card market to analyze the pricing and marketing strategies of credit card offers. First, we show that card issuers target less-educated customers with more...
View ArticleOptimal Automatic Stabilizers -- by Alisdair McKay, Ricardo Reis
Should the generosity of unemployment benefits and the progressivity of income taxes depend on the presence of business cycles? This paper proposes a tractable model where there is a role for social...
View ArticleNew Innovations in Payments -- by Marc Rysman, Scott Schuh
We discuss prospects for innovation in consumer payment instruments. We discuss recent research into consumer payments and what can be learned about consumer behavior towards new payment options. We...
View ArticleConsumption Network Effects -- by Giacomo De Giorgi, Anders Frederiksen,...
In this paper we study consumption network effects. Does the consumption of our peers affect our own consumption? How large is such effect? What are the economic mechanisms behind it? We use long panel...
View ArticleThe Staying Power of Staggered Wage and Price Setting Models in...
After many years, many critiques, and many variations, the staggered wage and price setting model is still the most common method of incorporating nominal rigidities into empirical macroeconomic models...
View ArticleEquity is Cheap for Large Financial Institutions: The International Evidence...
Equity is a cheap source of funding for a country's largest financial institutions. In a large panel of 31 countries, we find that the stocks of a country's largest financial companies earn returns...
View ArticleHousing and Macroeconomics -- by Monika Piazzesi, Martin Schneider
This paper surveys the literature on housing in macroeconomics. We first collect facts on house prices and quantities in both the time series and the cross section of households and housing markets. We...
View ArticleInsurance and the High Prices of Pharmaceuticals -- by David Besanko, David...
We present a model in which prospective patients are liquidity constrained, and thus health insurance allows patients access to treatments and services that they otherwise would have been unable to...
View ArticleThe Over Time Impacts Of Smoke Free Air Ordinances In Texas -- by Silda...
We examine an untested hypothesis that posits that null results in early studies examining the economic impacts of smoking bans were driven by sample selection. Early adopters could better absorb the...
View ArticleThe Unintended Consequences of the Zero Lower Bound Policy -- by Marco Di...
We study the impact of the zero lower bound interest rate policy on the industrial organization of the U.S. money fund industry. We find that in response to policies that maintain low interest rates,...
View ArticleDoes Emigration Delay Political Change? Evidence from Italy during the Great...
Mobility within the European Union (EU) brings great opportunities and large overall benefits. Economically stagnant areas, however, may be deprived of talent through emigration, which may harm...
View ArticleBias in Official Fiscal Forecasts: Can Private Forecasts Help? -- by Jeffrey...
Government forecasts of GDP growth and budget balances are generally more over-optimistic than private sector forecasts. When official forecasts are especially optimistic relative to private forecasts...
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