EBA Publishes Opinion On Macroprudential Policy Measures Notified By The...
The European Banking Authority (EBA) published today an Opinion following the notification by the National Bank of Belgium (NBB) of its intention to extend a measure introduced by the NBB in 2014 to...
View ArticleTOM MTF Statistics Week 8, 2016
Click here to download the weekly statistics update of TOM MTF for week 8, 2016. In week 8 a total of 390,108 equity and index option contracts were traded resulting in a TOM MTF market share versus...
View ArticleNigerian Stock Exchange Weekly Report For 26 Week Ending 26 February 2016
A turnover of 4.476 billion shares worth N11.742 billion in 14,124 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.202 billion shares valued at N9.641...
View ArticleBGC Partners Announces New Unsecured Credit Agreement
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners" or "BGC" or "the Company,") a leading global brokerage company servicing the financial and real estate markets, today announced that it has entered...
View ArticleUS Federal Reserve Governor Lael Brainard, At The 2016 U.S. Monetary Policy...
Beginning in 2014, we saw confident predictions of a coming strong divergence in monetary policy among the major economies. To date, there has been less policy divergence in reality than had been...
View ArticleCFTC Commitments Of Traders Reports Update
The current reports for the week of February 23, 2016 are now available.read more...
View ArticleGoogle, High Performing Teams, and Psychological Safety
My former MBA student at Harvard, Charles Duhigg, has written an excellent article for the New York Times this week. The article is titled, "Google's Quest to Build the Perfect Team." Duhigg describes...
View ArticleInvesting Online For Dummies, 9th Edition
Anyone can invest online, but without the right guidance and know-how, a well-meaning online investment can go wrong—fast. Inside, you'll find the investment strategies you need to pick a winning...
View ArticleCultural Transformations: Lessons of Leadership and Corporate Reinvention
Throughout today's rapidly changing business world, top CEOs face two primary challenges: solving the leadership gap and creating a sustainable corporate culture. International leadership coach John...
View ArticleFamily Capital: Working with Wealthy Families to Manage Their Money Across...
Family Capital provides a unique and practical lesson on wealth management. Instead of lectures and dry discussion, this engaging book follows an archetypal wealthy family through several generations...
View ArticleInvesting in Mortgage-Backed and Asset-Backed Securities: Financial Modeling...
Mortgage- and asset-backed securities are not as complex as they might seem. In fact, all of the information, financial models, and software needed to successfully invest in and manage a portfolio of...
View ArticleThe Complete Software Project Manager: Mastering Technology from Planning to...
The Complete Software Project Manager: From Planning to Launch and Beyond addresses an interesting problem experienced by today's project managers: they are often leading software projects, but have no...
View ArticleCan Fixed-Term Contracts Put Low Skilled Youth on a Better Career Path?...
By reducing the commitment made by employers, fixed-term contracts can help low-skilled youth find a first job. However, the long-term impact of fixed-term contracts on these workers' careers may be...
View ArticleThe Social Value of Financial Expertise -- by Pablo Kurlat
I study expertise acquisition in a model of trading under asymmetric information. I propose and implement a method to estimate the ratio of social to private marginal value of expertise. This can be...
View ArticleGlobalization and Political Structure -- by Gino Gancia, Giacomo A.M....
The first wave of globalization (1830-1914) was accompanied by a decline in the number of countries from 125 to 54. The second wave of globalization (1950-present) has led instead to an increase in the...
View ArticleExcess Volatility: Beyond Discount Rates -- by Stefano Giglio, Bryan Kelly
We document a form of excess volatility that is irreconcilable with standard models of prices, even after accounting for variation in discount rates. We compare prices of claims on the same cash flow...
View ArticleSafe Asset Scarcity and Aggregate Demand -- by Ricardo J. Caballero, Emmanuel...
We explore the consequences of safe asset scarcity on aggregate demand in a stylized IS-LM/Mundell Fleming environment. Acute safe asset scarcity forces the economy into a "safety trap" recession. In...
View ArticleEstimating Social Preferences and Gift Exchange at Work -- by Stefano...
We design a model-based field experiment to estimate the nature and magnitude of workers' social preferences towards their employers. We hire 446 workers for a one-time task. Within worker, we vary (i)...
View ArticleThe Long-Run Effects of Disruptive Peers -- by Scott E. Carrell, Mark...
A large and growing literature has documented the importance of peer effects in education. However, there is relatively little evidence on the long-run educational and labor market consequences of...
View ArticleOffshoring and Labor Markets -- by David Hummels, Jakob R. Munch, Chong Xiang
We survey the recent empirical literature on the effects of offshoring on wages, employment and displacement. We start with the measurement of offshoring, focusing on the use of imported inputs that...
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