The Economics of "Radiator Springs:" Industry Dynamics, Sunk Costs,...
Interstate Highway openings were permanent, anticipated demand shocks that increased gasoline demand and sometimes shifted it spatially. We investigate supply responses to these demand shocks, using...
View ArticleThe Economic Consequences of Hospital Admissions -- by Carlos Dobkin, Amy...
We examine some economic impacts of hospital admissions using an event study approach in two datasets: survey data from the Health and Retirement Study, and hospital admissions data linked to consumer...
View ArticleGainfully Employed? Assessing the Employment and Earnings of For-Profit...
We draw on population-level administrative data from the U.S. Department of Education and the Internal Revenue Service to quantify the impact of for-profit college attendance on the employment and...
View ArticleCurbing Shocks to Corporate Liquidity: The Role of Trade Credit -- by Niklas...
Using data on exogenous liquidity losses generated by the fraud and failure of a cash-in-transit firm, we demonstrate a causal impact on firms' trade credit usage. We find that firms manage liquidity...
View ArticleQuantitative Easing and Financial Stability -- by Michael Woodford
The massive expansion of central-bank balance sheets in response to recent crises raises important questions about the effects of such "quantitative easing" policies, both their effects on financial...
View ArticleDurability, Deadline, and Election Effects in Bargaining -- by Alp Simsek,...
We propose a tractable model of bargaining with optimism. The distinguishing feature of our model is that the bargaining power is durable and changes only due to important events such as elections....
View ArticleDoes Easing Monetary Policy Increase Financial Instability? -- by Ambrogio...
This paper develops a model featuring both a macroeconomic and a financial friction that speaks to the interaction between monetary and macro-prudential policy and to the role of U.S. monetary and...
View ArticleMultiple Equilibria in Open Economy Models with Collateral Constraints:...
This paper establishes the existence of multiple equilibria in infinite-horizon open- economy models in which the value of tradable and nontradable endowments serves as collateral. In this environment,...
View ArticleEgyptian Exchange: Trading Hours During Ramadan Holy Month
The Egyptian Exchange (EGX) decided that the trading session dates during the month of Ramadan to be as follows:read more...
View ArticleWorking Hours Of The Amman Stock Exchange And Trading Hours During The Holy...
On the occasion of the holy month of Ramadan, the ASE has decided to change the official working and trading hours during the holy month of Ramadan, the working hours will be from 09:30 to 15:30, as...
View ArticleRe-Appointments To The MAS Board Of Directors
The Monetary Authority of Singapore (MAS) announced the re-appointment of four members of the MAS Board of Directors, with effect from 1 June 2016.read more...
View ArticleSGX Launches SGX Sustainability Indices
Singapore Exchange (SGX) today announced the launch of SGX Sustainability Indices, another suite of equity indices composed of SGX-listed stocks introduced by SGX Index Edge. SGX’s partner,...
View ArticleTransaction Successfully Completed: PXE Joins EEX Group
Following the successful completion of the transaction, Prague-based POWER EXCHANGE CENTRAL EUROPE (PXE) has now officially joined EEX Group.As of today, EEX will become the new majority shareholder,...
View ArticleBNY Mellonâs HedgeMark Implements Axioma Risk⢠As Its...
Axioma, a provider of innovative risk and portfolio management solutions, announced that HedgeMark International, LLC has completed the implementation of Axioma Risk™. HedgeMark, a BNY Mellon company,...
View ArticleVisible Alpha Recognized As Top Winner Of 2016 Benzinga Fintech Awards
Visible Alpha, LLC, an investment research technology firm, has been awarded First Place Overall Winner of the 2016 Benzinga Fintech Awards for its innovative research and analysis platform, and the...
View ArticleMNI Chicago Business Barometer: May Chicago Business Barometer Down 1.1...
The MNI Chicago Business Barometer fell 1.1 points to 49.3 in May from 50.4 in April, the lowest level since February and the sixth time it has been in contraction over the past 12 months. read more...
View ArticleDespite Positive Outlook, New Research From State Street Reveals Asset...
New research from State Street Corporation (NYSE:STT) on blockchain, the distributed ledger that maintains a continuously growing list of data records which are hardened against tampering and revision,...
View ArticleGulf Bank Kuwait First In Region To Use Biometrics For Digital Banking -...
Daon and Gulf Bank Kuwait announced today their partnership in providing biometric authentication within Gulf Bank Kuwait's new mobile banking application. Daon's IdentityX® Platform enables Gulf Bank...
View ArticleEBA And EIB Discuss Opportunities And Challenges Of Synthetic Securitisation...
On 31 May 2016, the European Banking Authority (EBA) and the European Investment Bank Group (European Investment Bank and European Investment Fund) hosted a seminar to discuss opportunities and...
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