Elite Identity and Political Accountability: A Tale of Ten Islands -- by...
This paper examines the relationship between elite identity and political outcomes from a theoretical and empirical perspective. Elite members with distinct economic and social identities vote for or...
View ArticleRacial and Gender Discrimination in Transportation Network Companies -- by...
Passengers have faced a history of discrimination in transportation systems. Peer transportation companies such as Uber and Lyft present the opportunity to rectify long-standing discrimination or...
View ArticleFactions in Nondemocracies: Theory and Evidence from the Chinese Communist...
This paper investigates theoretically and empirically the factional arrangements and dynamics within the Chinese Communist Party (CCP), the governing political party of the People's Republic of China....
View ArticleSecurities Lending as Wholesale Funding: Evidence from the U.S. Life...
The existing literature assumes that securities lenders primarily respond to demand from securities borrowers and reinvest their cash collateral in short-term markets. We offer compelling evidence for...
View ArticleMultidimensional Private Information, Market Structure and Insurance Markets...
A large empirical literature found that the correlation between insurance purchase and ex post realization of risk is often statistically insignificant or negative. This is inconsistent with the...
View ArticleCollective Choice in Dynamic Public Good Provision -- by T. Renee Bowen,...
Two heterogeneous agents contribute over time to a joint project, and collectively decide its scope. A larger scope requires greater cumulative effort and delivers higher benefits upon completion. We...
View ArticleVertical Information Restraints: Pro- and Anti-Competitive Impacts of Minimum...
We consider vertical contracts where the retail market may involve search frictions. Minimum advertised price restrictions (MAP) act as a restraint on customers' information and so can increase search...
View ArticleIs Uncle Sam Inducing the Elderly to Retire? -- by Alan J. Auerbach, Laurence...
Many, if not most, Baby Boomers appear at risk of suffering a major decline in their living standard in retirement. With federal and state government finances far too encumbered to significantly raise...
View ArticleEvaluating Economy-Wide Benefit Cost Analyses -- by V. Kerry Smith, Min Qiang...
This paper examines a new strategy for evaluating whether the size of a new environmental regulation requires that benefit cost analyses consider general equilibrium effects. Size in the context refers...
View ArticlePatent Disclosures and Standard-Setting -- by Josh Lerner, Haris Tabakovic,...
A key role of standard setting organizations (SSOs) is to aggregate information on relevant intellectual property (IP) claims before deciding on a standard. This article explores the firms' strategies...
View ArticleEffects of Adult Health Interventions at Scale on Children's Schooling:...
In 2007, approximately one in five children in Zambia lived with an HIV positive adult. We identify the effect of adult antiretroviral therapy (ART) availability at scale on children's educational...
View ArticleJapan Exchange Group: Trading Overview In October 2016
Japan Exchange Group released Trading Overview in October 2016.read more...
View ArticleEquity Futures Trading Increases Rapidly On Nasdaq Dubai
Activity on Nasdaq Dubai’s equity futures market increased significantly in its second month, with 103,393 contracts traded in October, up 567% from 15,508 in September.read more...
View ArticleUK's Financial Conduct Authority Prohibits Six Individuals For Their Part In...
In a case brought by the Financial Conduct Authority (FCA) Scott Crawley, Daniel Forsyth, Adam Hawkins, Ross Peters, Aaron Petrou and Dale Walker have today been prohibited from performing any function...
View ArticleKx Shatters STAC Benchmarks For Tick Data Analytics On Dell EMC DSSD D5
Kx Systems (Kx) announced today that its time-series database kdb+ set new records in independent testing on the largest dataset ever used. Running on Dell EMC DSSD D5 Rack-Scale flash storage system...
View ArticleThomson Reuters Reports Third-Quarter 2016 Results
Thomson Reuters (TSX / NYSE: TRI) today reported results for the third quarter ended September 30, 2016.read more...
View ArticleBund Der Versicherten (BdV â German Association Of The Insured) Sees...
After repeated consultations, the European Commission is pushing plans for a Pan-European Personal Pension Product (PEPP). The German Association of The Insured (BdV) has delivered its statement and is...
View ArticleThinkMarkets Partners With SwipeStox To Provide Social Network App
ThinkMarkets, a leading multi-asset trading platform, have partnered with SwipeStox, the mobile-based social trading provider, to bring their customers an extensive mobile application social trading...
View ArticleNigerian Stock Exchange Builds Capacity Of Market Participants
Consistent with its commitment to broaden and deepen the Nigerian capital markets, The Nigerian Stock Exchange (NSE or The Exchange) in partnership with the Exchange Traded Funds (ETFs) Issuers Vetiva...
View ArticleLondon Stock Exchange Derivatives Market Receives Registered FBOT Status From...
London Stock Exchange plc today announces that it has received approval from the US Commodity Futures Trading Commission (CFTC) as a registered Foreign Board of Trade (FBOT). The approval allows...
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