The Permanent Effects of Fiscal Consolidations -- by Antonio Fatas, Lawrence...
The global financial crisis has permanently lowered the path of GDP in all advanced economies. At the same time, and in response to rising government debt levels, many of these countries have been...
View ArticleUK's Serious Fraud Office: LIBOR Traders And Submitters Found Guilty
Three former employees of Barclays Bank plc have been convicted by a jury at Southwark Crown Court of conspiracy to defraud in connection with an SFO investigation into the manipulation of US Dollar...
View ArticleVenture Capital Contracting in Theory and Practice
This paper provides a comprehensive theoretical and empirical literature review of venture capital contracts, highlighting discrepancies between theory and practice.read more...
View ArticleThe Egyptian Exchange: Eid Al-Fitr Al Mubarak Vacation
On the occasion of Eid Al-Fitr Al Mubarak for the year 2016, and based on the Cabinet and Central Bank of Egypt (CBE) decision, it was decided for EGX holiday to be for 3 days starting from Tuesday 5th...
View ArticleEid Al Fiter Holiday For Qatar Stock Exchange
Qatar Stock Exchange would like to inform you that Eid Al Fitr Holiday will be three working Days, starting from the First day of EID.read more...
View ArticleDME Successfully Concludes Its Latest Auction Of Oman Crude Oil - Global...
The Dubai Mercantile Exchange (DME) announced today the success of its latest auction with major global players participating in a bid to buy 1,000,000 barrels of Oman crude oil. The auction was...
View ArticleMoscow Exchange Trading Volumes In June 2016
Moscow Exchange (ticker: MOEX) announces trading volumes for June 2016. Total trading volumes increased by 20.3% YoY to RUB 70.2 trln.read more...
View ArticleCrowdsurfer Announces Richard Baker As New Chairman
Crowdsurfer, the data intelligence service for crowd finance, announces today that Richard Baker has been appointed its new Chair, replacing retiring Chair, Walter Herriot OBE. Crowdsurfer serves those...
View ArticleComment By Warwick Business School's Professor John Colley On LSE...
Commenting on LSE shareholders approving the merger with Deutsche Borse, Professor John Colley said: "Brexit has undoubtedly clouded the future for the stock exchange link up and raised concerns for...
View Article04Jul/Macroprudential policy assessments - report released by the Committee...
Press release report about macroprudential policy assessments (July 2016)
View Article04Jul/Experiences with the ex ante appraisal of macroprudential instruments
This report provides an overview of the experiences central banks have gathered with ex ante appraisals of macroprudential instruments and identifies areas where further analytical development would be...
View ArticleWiener Börse: 1HY: Austrian Stock Market Moves In Line With Europe
(Vienna) The first half-year of 2016 on the Vienna Stock Exchange was an eventful one. After the increase in trading volumes in the first three months of the year, in April and May prices declined...
View ArticleACER Publishes Its Annual Activity Report For 2015
ACER publishes today its Annual Activity Report containing a summary of the activities carried out by the Agency last year. The document, adopted by ACER’s Administrative Board on 24 June, contains...
View ArticleSupreme Court Of Canada Denies Leave To Appeal Alberta Securities...
The Supreme Court of Canada has denied Scott Gerard Beaudette leave to appeal an Alberta Court of Appeal decision that upheld the constitutional validity of Securities Act (Alberta) provisions that...
View ArticleInequality, Debt and Credit Stagnation
This was my keynote speech at the French Association for Political Economy (AFEP) annual conference in Mulhouse, France (the other keynote was givenâin Frenchâby my good friend Marc Lavoie, who is...
View ArticleRevised Irish Stock Exchange Rulebooks Reflect Changes To EU Market Abuse...
The Irish Stock Exchange (ISE) has published revised rulebooks to reflect new EU-wide changes to market abuse legislation which are effective from 3 July 2016. read more...
View ArticleOntario Securities Commission Seeks Comment On Proposed Rule For...
The Ontario Securities Commission (OSC) has published for a 90-day comment period proposed OSC Rule 72-503 – Distributions Outside of Canada and proposed Companion Policy 72-503CP to OSC Rule 72-503...
View ArticleA probability-free and continuous-time explanation of the equity premium and...
This paper gives yet another definition of game-theoretic probability in the context of continuous-time idealized financial markets. Without making any probabilistic assumptions (but assuming positive...
View ArticleComments on the BCBS proposal for a New Standardized Approach for Operational...
On March 4th 2016 the Basel Committee on Banking Supervision published a consultative document where a new methodology, called the Standardized Measurement Approach (SMA), is introduced for computing...
View ArticleRecursive utility optimization with concave coefficients. (arXiv:1607.00721v1...
This paper concerns the recursive utility maximization problem. We assume that the coefficients of the wealth equation and the recursive utility are concave. Then some interesting and important cases...
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