Euronext To Launch New Fund Service In Paris
Euronext today announced the launch of Euronext Fund Service in Paris, an innovative and complementary solution for investing in open-end funds (UCITS[1]and AIFÂ [2]) registered or passported in France....
View ArticleMandatory Notification Of Trades - Oslo Børs VPS Holding ASA
In connection with a monthly share savings plan for employees of subsidiaries, Oslo Børs VPS Holding has sold a total of 3386 shares. New holding is 7905 shares. Employees paid a share price of NOK...
View ArticleInvestoo Group Acquires Leading Financial News Portal Invezz.com
Investoo Group, one of the world’s biggest FX trading affiliates, has acquired Invezz.com in order to extend its reach into the financial trading the industry.read more...
View ArticleConnecting People's Work to the Mission and Vision of the Organization
We hear quite often these days that leaders need to instill a sense of purpose in their organizations. People have to believe that they are doing meaningful work. Â They have to understand why the...
View ArticleA Letter and Encouragement: Does Information Increase Post-Secondary...
For individuals who experience job loss, enrollment in post-secondary programs may provide an opportunity to improve future employment outcomes. However, decisions to enroll may be hampered by...
View ArticleAre Mutual Fund Managers Paid For Investment Skill? -- by Markus Ibert, Ron...
Compensation of mutual fund managers is paramount to understanding agency frictions in asset delegation. We collect a unique registry-based dataset on the compensation of Swedish mutual fund managers....
View ArticleInfant Mortality and the Repeal of Federal Prohibition -- by David S. Jacks,...
Exploiting a newly constructed dataset on county-level variation in prohibition status from 1933 to 1939, this paper asks two questions: what were the effects of the repeal of federal prohibition on...
View ArticleLifetime Incomes in the United States over Six Decades -- by Fatih Guvenen,...
Using panel data on individual labor income histories from 1957 to 2013, we document two empirical facts about the distribution of lifetime income in the United States. First, from the cohort that...
View ArticleFiscal Rules and Sovereign Default -- by Laura Alfaro, Fabio Kanczuk
Recurrent concerns over debt sustainability in emerging and developed nations have prompted renewed debate on the role of fiscal rules. Their optimality, however, remains unclear. We provide a...
View ArticlePrices of High-Tech Products, Mismeasurement, and Pace of Innovation -- by...
Two recent papers have made compelling cases that mismeasurement of prices of high tech products cannot explain the slow pace of labor productivity growth that has prevailed since the mid-2000s. Does...
View ArticleCapital Accumulation, Private Property and Rising Inequality in China,...
This paper combines national accounts, survey, wealth and fiscal data (including recently released tax data on high-income taxpayers) in order to provide consistent series on the accumulation and...
View ArticleBen-Porath meets Lazear: Lifetime Skill Investment and Occupation Choice with...
We develop a fairly general and tractable model of investment when workers can invest in multiple skills and different jobs put different weights on those skills. In addition to expected findings such...
View ArticleHow Far Is Too Far? New Evidence on Abortion Clinic Closures, Access, and...
We estimate the effect of Texas HB2, a TRAP law that shuttered nearly half of Texas' abortion clinics in late 2013. After demonstrating that pre-existing trends in abortion rates were unrelated to the...
View ArticleRisk of Life Insurers: Recent Trends and Transmission Mechanisms -- by Ralph...
We summarize recent trends in risk exposure for U.S. life insurers from variable annuities, shadow insurance, securities lending, and derivatives. We discuss how these sources of risk could be...
View ArticleOptimal Multistage Adjudication -- by Louis Kaplow
In many settings, there are preliminary or interim decision points at which legal cases may be terminated: e.g., motions to dismiss and for summary judgment in U.S. civil litigation, grand jury...
View ArticleGradual Portfolio Adjustment: Implications for Global Equity Portfolios and...
Modern open economy macro models assume the continuous adjustment of international portfolio allocation. We introduce gradual portfolio adjustment into a global equity market model. Our approach...
View ArticleUsing Kinked Budget Sets to Estimate Extensive Margin Responses: Evidence...
We develop a method for estimating the effect of a kinked budget set on workers' employment decisions, and we use it to estimate the impact of the Social Security Old-Age and Survivors Insurance (OASI)...
View ArticleEconomies of Density in E-Commerce: A Study of Amazon's Fulfillment Center...
We examine the economies of density associated with the expansion of Amazon's distribution network from 2006 to 2018. We demonstrate that, in placing a fulfillment center in a new state, Amazon faces a...
View ArticleMarket Power and Price Discrimination in the U.S. Market for Higher Education...
The main purpose of this paper is to estimate an equilibrium model of private and public school competition that can generate realistic pricing patterns for private universities in the U.S. We show...
View ArticleFinancial Integration and Liquidity Crises -- by Fabio Castiglionesi, Fabio...
The paper analyzes the effects of financial integration on the stability of the banking system. Financial integration allows banks in different regions to smooth local liquidity shocks by borrowing and...
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