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Nasdaq Stockholm Issues Warning To Deflamo

The Disciplinary Committee of Nasdaq Stockholm (“the Exchange”) has ruled that Deflamo AB (“Deflamo”) has contravened the generally accepted practices on the stock market, thereby breaching Nasdaq...

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World Economic Forum: Despite Stresses, Strong Outlook On Chinaâs...

Amid concerns of ballooning debt, capital outflows and uncertainty about the impact of the Brexit on the global economy, participants at the Annual Meeting of the New Champions 2016 in Tianjin are...

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McObject: eXtremeDB Financial Edition DBMS Sweeps Records In Big Data Benchmark

McObject®, developer of the eXtremeDB® Financial Edition database management system (DBMS), announced a sweep of records by McObject’s DBMS running on an IBM POWER8 S824L Linux server in the Kanaga...

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Listing Accelerates Dubaiâs Expansion As Global Capital Of Islamic...

Sultan Ahmed Bin Sulayem, Group Chairman and CEO of global trade enabler DP World, rang the market-opening bell today to celebrate the listing on Nasdaq Dubai of a 1.2 billion US dollar Sukuk. read...

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HKEX To Revise Criteria For Its Designated Securities Eligible For Short Selling

Hong Kong Exchanges and Clearing Limited (HKEX) will revise the criteria for its designated securities eligible for short selling from 4 July 2016 to reflect the development of Hong Kong's equity...

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Thai Bourse, AsianFA Jointly Debut AsianFA Annual Meeting In Thailand

The Stock Exchange of Thailand (SET) has joined hands with Asian Finance Association (AsianFA) to organize “The 28th AsianFA Annual Meeting” for the first time in Thailand, during June 27-28, an annual...

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What next after Brexit?

A cliché—“Expect the Unexpected”—has happened. As I noted in “The Divisive Brexit Vote”, though I favoured Brexit, I took the opinion polls at face value, and expected that Britain as a...

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HKFE Announces Revised Margins For Futures Contracts

Please be advised that pursuant to Exchange Rule 617(d) and HKCC Rule 402, the Exchange and the Clearing House have determined that with effect from the commencement of trading on Wednesday, 29 June...

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Hong Kong's Securities And Futures Commission Bans Liu King Yee For Life

The Securities and Futures Commission (SFC) has banned Ms Liu King Yee, a former employee of Wing Lung Bank Limited (Wing Lung Bank), from re-entering the industry for life following her conviction by...

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EDHEC-Risk Institute: New Margin Regulations For The Non-Cleared OTC...

In a new publication entitled “Initial Margin for Non-Centrally Cleared OTC Derivatives – Overview, Modelling and Calibration,” EDHEC-Risk Institute provides a detailed overview and analysis of the...

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Effects of the Minimum Wage on Infant Health -- by George Wehby, Dhaval Dave,...

The minimum wage has increased in multiple states over the past three decades. Research has focused on effects on labor supply, but very little is known about how the minimum wage affects health,...

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Producing Humanities PhDs among BAs at Doctoral Institutions -- by Todd R....

This paper investigates which attributes of a Carnegie PhD-level institution predict the share and number of its undergraduate humanities BA recipients that will go on to earn a humanities PhD. We use...

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Moneyball in Medicare -- by Edward C. Norton, Jun Li, Anup Das, Lena M. Chen

US policymakers place a high priority on tying Medicare payments to the value of care delivered. A critical part of this effort is the Hospital Value-based Purchasing Program (HVBP), which rewards or...

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The Analytics of the Greek Crisis -- by Pierre-Olivier Gourinchas, Thomas...

We provide an empirical and theoretical analysis of the Greek Crisis of 2010. We first benchmark the crisis against all episodes of sudden stops, sovereign debt crises, and lending boom/busts in...

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Bunching at The Kink: Implications for Spending Responses to Health Insurance...

A large literature in empirical public finance relies on "bunching" to identify a behavioral response to non-linear incentives and to translate this response into an economic object to be used...

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Estimating Cross-Industry Cross-Country Interaction Models Using Benchmark...

Empirical cross-industry cross-country models are applied widely in economics, for example to investigate the determinants of economic growth or international trade. Estimation generally relies on US...

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Willingness to Pay for Clean Air: Evidence from Air Purifier Markets in China...

We develop a framework to estimate willingness to pay (WTP) for clean air from defensive investment. Applying this framework to product-by-store level scanner data on air purifier sales in China, we...

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What Do Measures of Real-time Corporate Sales Tell Us about Earnings...

We develop real-time proxies of retail corporate sales from multiple sources, including ~50 million mobile devices. These measures contain information from both the earnings quarter ("within quarter")...

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Term Structure of Uncertainty in the Macroeconomy -- by Jaroslav Borovicka,...

Dynamic economic models make predictions about impulse responses that characterize how macroeconomic processes respond to alternative shocks over different horizons. From the perspective of asset...

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Doing More When You're Running LATE: Applying Marginal Treatment Effect...

I examine treatment effect heterogeneity within an experiment to inform external validity. The local average treatment effect (LATE) gives an average treatment effect for compliers. I bound and...

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