HKEX: Changes Of Designated Securities For Short Selling
The Stock Exchange of Hong Kong Limited, a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), announces that with effect from 18 November, 2016 (Friday), 37 additional...
View ArticleFederal Reserve Vice Chairman Stanley Fischer At The 20th Annual Conference...
Watch live at www.federalreserve.govread more...
View ArticleSIX Swiss Exchange: Well-Attended ETF/ETP Roundtable
Fixed Income ETFs were the key topic of the event of SIX Swiss Exchange for professional investors.read more...
View ArticleNasdaq Wins RiskTech 100 Best Operational Risk & GRC Software Solution
Nasdaq, one of world's leading Governance, Risk management and Compliance (GRC) solution providers, has been recognized as the Best Operational Risk & GRC Solution by the RiskTech100 2017 awards in...
View ArticleGet Inspired. It’s AcWriMo!
âIf only I had more time to writeâ¦â The mantra repeated by writers around the world. Whether itâs penning down your autobiography or alliterating out an entire book of poetry, writing can be a...
View ArticleOpening Bell Ceremony At TASE, Homering The Global Entrepreneurship Week
Yesterday morning (13.11.16), the Global Entrepreneurship Network participated in the Opening Bell Ceremony, celebrating the opening of the "Global Entrepreneurship Week", held in 160 countries across...
View ArticleEffectiveness Of The AML Regime In Disrupting Financial Crime - Opening...
Speaker: Rob Gruppetta, Head of the Financial Crime DepartmentEvent: FCA Financial Crime Conference, LondonDelivered: 10 November 2016Note: this is the speech as drafted and may differ from delivered...
View ArticleESMA Asks Commission To Delay Central Clearing For Small Financial...
The European Securities and Markets Authority (ESMA) has published today its final report regarding the amended application of the clearing obligation that financial counterparties with a limited...
View ArticleFighting Financial Crime – Looking Forward And Back - Speech By Andrew...
Speaker: Andrew Bailey, Chief ExecutiveEvent: FCA Financial Crime Conference, LondonDelivered: 10 November 2016Note: this is the speech as drafted and may differ from delivered versionread more...
View ArticleESMA: Final Report On The Clearing Obligation For Financial Counterparties...
Executive Summary read more...
View ArticleThe Competitive Effects of Information Sharing -- by John Asker, Chaim...
We investigate the impact of information sharing between rivals in a dynamic auction with asymmetric information. Firms bid in sequential auctions to obtain inputs. Their inventory of inputs,...
View ArticleThe Evolution of Health Insurer Costs in Massachusetts, 2010-12 -- by Kate...
We analyze the evolution of health insurer costs in Massachusetts between 2010-2012, a period in which the use of physician cost control incentives spread among insurers. We show that the growth of...
View ArticleThe Economic Contribution of Unauthorized Workers: An Industry Analysis -- by...
This paper provides a quantitative assessment of the economic contribution of unauthorized workers to the U.S. economy, and the potential gains from legalization. We employ a theoretical framework that...
View ArticleWorld Shocks, World Prices, and Business Cycles: An Empirical Investigation...
Most existing studies of the macroeconomic effects of global shocks assume that they are mediated by a single intratemporal relative price such as the terms of trade and possibly an intertemporal price...
View ArticleScreening in Contract Design: Evidence from the ACA Health Insurance...
By steering patients to cost-effective substitutes, the tiered design of prescription drug formularies can improve the efficiency of healthcare consumption in the presence of moral hazard. However, a...
View ArticleMonetary Policy and the Stock Market: Time-Series Evidence -- by Andreas...
We construct a slope factor from changes in federal funds futures of different horizons. Slope predicts stock returns at the weekly frequency: faster monetary policy easing positively predicts excess...
View ArticleAn Economic Analysis of U.S Airline Fuel Economy Dynamics from 1991 to 2015...
Airline transport generates a growing share of global greenhouse gas emissions but as of late 2016, this sector has not faced U.S. fuel economy or emissions regulation. At any point in time, airlines...
View ArticleExchange Traded Funds (ETFs) -- by Itzhak Ben-David, Francesco Franzoni,...
Over two decades, ETFs have become one of the most popular investment vehicle among retail and professional investors due to their low transaction costs and high liquidity, taking market share from...
View ArticleCorporate Deleveraging -- by Harry DeAngelo, Andrei S. Goncalves, Rene M. Stulz
Proactive deleveraging from all-time peak market leverage (ML) to near-zero ML and negative net debt is the norm among 4,476 nonfinancial firms with five or more years of post-peak data. ML is 0.543 at...
View ArticleInflation Dynamics During the Financial Crisis -- by Simon Gilchrist, Raphael...
Using a novel dataset, which merges good-level prices underlying the PPI with the respondents' balance sheets, we show that liquidity constrained firms increased prices in 2008, while their...
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