Smoke Gets in Your Eyes: Medical Marijuana Laws and Tobacco Use -- by Anna...
This study comprehensively examines whether medical marijuana laws (MMLs) have affected the trajectory of a decades-long decline in adult tobacco use in the United States. Using data from three large...
View ArticleWho Should Own and Control Urban Water Systems? Historical Evidence from...
Nearly 40% of England's privately built waterworks were municipalised in the late 19th century. We examine how this affected public health by pairing annual mortality data for over 600 registration...
View ArticleWhat Goes on Under the Hood? How Engineers Innovate in the Automotive Supply...
The questions addressed in this volume are motivated by the recognition that engineers play an important role in generating innovation and economic growth. In this chapter, we seek to offer some...
View ArticleMultinational Firms and International Business Cycle Transmission -- by...
We investigate how multinational firms contribute to the transmission of shocks across countries using a large multi-country firm-level dataset that contains cross-border ownership information. We use...
View ArticleTokyo Commodity Exchange: Trading And Rules Under The Next Generation System...
TOCOM next generation trading system is slated to go live on Tuesday, September 20, 2016. read more...
View ArticleSGX Announcement-Appointment Of Chairman
The Directors of Singapore Exchange (SGX) are pleased to announce their election of Mr Kwa Chong Seng to succeed Mr Chew Choon Seng as Chairman of the Board.read more...
View ArticleSEC: Investor Protection In The Municipal Securities Markets, Rick A....
Thank you, Lynnette [Kelly], for that kind introduction and for inviting me to participate in your event today. It has been a pleasure to spend time with a variety of regulators who are on the front...
View ArticleSEC Adopts Amendments Providing Authorities Access To Data Obtained by...
The Securities and Exchange Commission today adopted amendments to a rule that would require security-based swap data repositories to make data available to regulators and other authorities, allowing...
View ArticleNetworks: An Economic Perspective. (arXiv:1608.07901v1 [physics.soc-ph])
We discuss social network analysis from the perspective of economics. We organize the presentaion around the theme of externalities: the effects that one's behavior has on others' well-being....
View ArticleShort-Time Expansions for Call Options on Leveraged ETFs Under Exponential...
In this article, we consider the small-time asymptotics of options on a Leveraged Exchange-Traded Fund (LETF) when the underlying Exchange Traded Fund (ETF) exhibits both local volatility and jumps of...
View ArticleRethinking Financial Contagion. (arXiv:1608.07831v1 [q-fin.RM])
How, and to what extent, does an interconnected financial system endogenously amplify external shocks? This paper attempts to reconcile some apparently different views emerged after the 2008 crisis...
View ArticleCausality and Correlations between BSE and NYSE indexes: A Janus Faced...
We study the multi-scale temporal correlations and causality connections between the New York Stock Exchange (NYSE) and Bombay Stock Exchange (BSE) monthly average closing price indexes for a period of...
View ArticleFinancial Market Dynamics: Superdiffusive or not?. (arXiv:1608.07752v1...
The behavior of stock market returns over a period of 1-60 days has been investigated for S&P 500 and Nasdaq within the framework of nonextensive Tsallis statistics. Even for such long terms, the...
View ArticleForeign Exchange Market Performance: Evidence from Bivariate Time Series...
There are many studies dealing with the analysis of similarity among currencies in foreign exchange market by using network analysis approach. In those studies, each currency is represented by a...
View ArticleShenzhen Stock Exchange Market Bulletin 29 August , 2016, Issue 30
In the first half of 2016, an average of 40,000 new market entities and 14,000 new enterprises were registered daily in China, thanks to a simplified registration process. China has cut red tape for...
View ArticlePublication Of JPX Working Paper, Vol.15 âApplicability Of Distributed...
Japan Exchange Group, Inc. (JPX) today published JPX Working Paper, Vol.15 “Applicability of Distributed Ledger Technology to Capital Market Infrastructure”.JPX Working Papers highlight research and...
View ArticleASIC Releases Guidance On Regulating Digital Advice
ASIC has today released its guidance on providing digital financial product advice for retail investors: Providing digital financial product advice to retail clients (RG 255).read more...
View ArticleEuropean Recognition Of New Zealand FMA Oversight Of Auditors
The European Commission has announced its recognition of the New Zealand audit oversight regime as equivalent to EU standards, permitting NZ-regulated auditors to operate in the European Union. read...
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