Optimal Transport Networks in Spatial Equilibrium -- by Pablo D. Fajgelbaum,...
We develop a framework to study optimal transport networks in general equilibrium spatial models. We model a general neoclassical economy with multiple goods and factors in which arbitrarily many...
View ArticleThe Macrogenoeconomics of Comparative Development -- by Quamrul H. Ashraf,...
The importance of evolutionary forces for comparative economic performance across societies has been the focus of a vibrant literature, highlighting the roles played by the Neolithic Revolution and the...
View ArticleMatching Pennies on the Campaign Trail: An Empirical Study of Senate...
We study the strategic interaction between the media and Senate candidates during elections. While the media is instrumental for candidates to communicate with voters, candidates and media outlets have...
View ArticleTechnology-Skill Complementarity in Early Phases of Industrialization -- by...
The research explores the effect of industrialization on human capital formation. Exploiting exogenous regional variations in the adoption of steam engines across France, the study establishes that, in...
View ArticleKeeping It in the Family: Lineage Organization and the Scope of Trust in...
We present evidence that the traditional structure of society is an important determinant of the scope of trust today. Within Africa, individuals belonging to ethnic groups that organized society using...
View ArticlePeer Effects in Computer Assisted Learning: Evidence from a Randomized...
We conduct a large scale RCT to investigate peer effects in computer assisted learning (CAL). Identification of peer effects relies on three levels of randomization. It is already known that CAL...
View ArticleFTC Announces Agenda For March 9 FinTech Forum On Artificial Intelligence And...
The Federal Trade Commission today announced the agenda for its March 9, 2017, FinTech Forum focusing on the consumer implications of two rapidly developing technologies: artificial intelligence and...
View ArticleICAP Dismissed From US Libor Class Action Case
NEX Group plc ("NEX"), (NXG.L), announces that on 21 February 2017 the United States District Court in the Southern District of New York dismissed two entities which formed part of the ICAP Group (ICAP...
View ArticleDIFC signs MoU with Gujarat International Finance Tec-City
Dubai International Financial Centre (DIFC), the leading financial hub in the $7.4 trillion Middle East, Africa and South Asia (MEASA) region has signed a Memorandum of Understanding with Gujarat...
View ArticleBorsa Istanbul: Periodic Review For The BIST-KYD Corporate Eurobond Indices...
In accordance with the article 3.3. of BIST-KYD Indices Ground Rules, periodic review for the BIST-KYD Corporate Eurobond Indices for the period March 2017 (March 1, 2017 – March 31, 2017) has been...
View ArticleThe New Zealand Financial Markets Authority: What To Expect From Your...
The Financial Markets Authority (FMA) has today published a series of pointers for customers to use when they are dealing with financial services providers.read more...
View ArticleFinansinspektionen’s 2016 Annual Report
FI hereby presents the most recent operational year in its annual report for 2016. The following is a summary of the year by Director General Erik Thedéen that is included as the introduction to the...
View ArticleBursa Malaysia Revised Two Frameworks To Improve Market Liquidity And Price...
Bursa Malaysia Berhad (“Bursa Malaysia” or “the Exchange”) today shared the revised Tick Rule on Regulated Short Selling (“RSS”) and the Securities Borrowing and Lending - Negotiated Transactions...
View ArticleCBOE Holdings, Inc. To Join S&P 500
CBOE Holdings, Inc. (NASDAQ: CBOE) announced today that it will join the S&P 500®, effective at the open of trading on Wednesday, March 1. read more...
View ArticleSIFMA Executive Vice President Randy Snook Remarks At SIFMA IRLS Conference
Good morning. I’m pleased to welcome you to SIFMA’s annual Insurance- & RiskLinked Securities Conference – in Miami. We had, following Hurricane Matthew, contemplated a move to Florida over the...
View ArticleFINRA’s Academic Corporate Bond TRACE Data Product Goes Live
FINRA today launched its new Academic Corporate Bond TRACE Data product, an enhanced historical data product available solely to institutions of higher education.read more...
View ArticleCanadian Securities Regulators Introduce Innovative Initiatives And Increase...
The Canadian Securities Administrators (CSA) today released its 2016 Enforcement Report. The ninth annual report highlights actions taken across Canada to deter and sanction wrongdoing in the capital...
View ArticleNasdaq Announces Mid-Month Open Short Interest Positions In Nasdaq Stocks As...
At the end of the settlement date of February 15, 2017, short interest in 2,351 Nasdaq Global MarketSM securities totaled 7,247,866,478 shares compared with 7,153,961,241 shares in 2,352 Global Market...
View ArticleBIS- Committee On Payments And Market Infrastructures: Distributed Ledger In...
The Committee on Payments and Market Infrastructures has published a report on Distributed ledger technology in payment clearing and settlement. The report provides an analytical framework for central...
View ArticleEconomic inequality and mobility for stochastic models with multiplicative...
In this article, we discuss a dynamical stochastic model that represents the time evolution of income distribution of a population, where the dynamics develop from an interplay of multiple economic...
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