Clik here to view.
Financial Market Liquidity Isnât That Important for the Economy as a Whole
Photo Credit: Ricardinyo || Secondary Markets are *not* the gears of the capitalist economyread more...
View ArticleSEC: California Businessman Attempted Cover Up Of Stolen Investor Funds
The Securities and Exchange Commission today announced fraud charges against a California businessman accused of stealing investor assets and then trying to cover it up once the SEC caught onto his...
View ArticleMirrlees meets Diamond-Mirrlees -- by Florian Scheuer, Ivan Werning
We show that the Diamond and Mirrlees (1971) linear tax model contains the Mirrlees (1971) nonlinear tax model as a special case. In this sense, the Mirrlees model is an application of...
View ArticleGlobal Energy Outlook 2015 -- by Richard G. Newell, Yifei Qian, Daniel Raimi
This paper assesses trends in the global energy sector through 2040 by harmonizing multiple projections issued by private, government, and inter-governmental organizations based on methods from "Global...
View ArticleNetwork Contagion and Interbank Amplification during the Great Depression --...
Interbank networks amplified the contraction in lending during the Great Depression. Banking panics induced banks in the hinterland to withdraw interbank deposits from Federal Reserve member banks...
View ArticleNational Policy for Regional Development: Evidence from Appalachian Highways...
How effective are policies aimed at integrating isolated regions? We answer this question using the construction of a highway system in one of the poorest regions in the United States. With...
View ArticleBargaining over Babies: Theory, Evidence, and Policy Implications -- by...
It takes a woman and a man to make a baby. This fact suggests that for a birth to take place, the parents should first agree on wanting a child. Using newly available data on fertility preferences and...
View ArticleThe Performance of Elected Officials: Evidence from State Supreme Courts --...
This paper provides evidence on the effect of electoral institutions on the performance of public officials. Using panel data on state supreme courts between 1947 and 1994, we measure the effects of...
View ArticleThe Purpose of Trade Agreements -- by Gene M. Grossman
This paper reviews the literature on governments' motivations for negotiating and joining international trade agreements. I discuss both normative explanations for trade agreements and explanations...
View ArticleFamilies in Macroeconomics -- by Matthias Doepke, Michele Tertilt
Much of macroeconomics is concerned with the allocation of physical capital, human capital, and labor over time and across people. The decisions on savings, education, and labor supply that generate...
View ArticleCompetitive Price Targeting with Smartphone Coupons -- by Jean-Pierre H....
We conduct a large-scale field experiment to study competitive price discrimination in a duopoly market with two rival movie theaters. The firms use mobile targeting to offer different prices based on...
View ArticleU.S. Inequality, Fiscal Progressivity, and Work Disincentives: An...
This study combines the 2013 Federal Reserve Survey of Consumer Finances data and the Fiscal Analyzer, a highly detailed life-cycle consumption-smoothing program, to a) measure ultimate economic...
View ArticleHow Googleâs AI Viewed the Move No Human Could Understand
How Googleâs AI Viewed the Move No Human Could Understand https://t.co/CbmANW5cPh â moneyscience (@moneyscience) March 14, 2016
View ArticleQuietly, symbolically, US control of the internet was just ended
Quietly, symbolically, US control of the internet was just ended https://t.co/TUB46R6j8x â moneyscience (@moneyscience) March 14, 2016
View Articlehttps://t.co/Zi3aPABqvA
A previously unnoticed property of prime numbers seems to violate a longstanding assumption about how they behave https://t.co/Zi3aPABqvA â moneyscienceâ¦
View ArticleETFs/ETPs Listed Globally Have Gathered 10.80 Billion US Dollars In Net New...
ETFs/ETPs listed globally have gathered US$10.80 in net new assets in February 2016, according to preliminary data from ETFGI’s February 2016 global ETF and ETP industry insights report. ETFs/ETPs...
View ArticleMIAX Options Holiday Schedule - Good Friday 2016
Please be advised the MIAX Options Exchange will be closed on Friday, March 25, 2016 in observance of Good Friday. Weekly Options Expiration for the week ending Friday, March 25, 2016 will take place...
View ArticleBats Successfully Operates U.S. Businesses From Disaster Recovery Site As...
Bats Global Markets (Bats), a leading operator of exchanges and services for financial markets globally, announced the successful and total operation of its U.S. markets from its Kansas City-area...
View ArticleKeynote Address of CFTC Commissioner J. Christopher Giancarlo before the...
Keynote Address of CFTC Commissioner J. Christopher Giancarlo before the National Grain and Feed Association Annual Conference âWhat Washington Giveth, Washington Can Taketh Awayâ
View ArticleRemarks To The Investment Company Instituteâs 2016 Mutual Funds And...
Good morning, everyone, and thank you, David, for that kind introduction, as well as for inviting me to speak here today. Before I begin, let me remind everyone that the views I express here today are...
View Article