Political Borders and Bank Lending in Post-Crisis America -- by Matthieu...
We use spatial discontinuities associated with congressional district borders to identify the effect of political influences on American banks' lending. We show that recipients of the 2008 public...
View ArticleLeverage Dynamics without Commitment -- by Peter DeMarzo, Zhiguo He
We analyze equilibrium leverage dynamics in a dynamic tradeoff model when the firm is unable to commit to a leverage policy ex ante. We develop a methodology to characterize equilibrium equity and debt...
View ArticleDivergent Paths: Structural Change, Economic Rank, and the Evolution of...
Studying working and non-working men, we find that, after closing substantially from 1940 to the mid-1970s, the median black-white earnings gap has since returned to its 1950 level, while the...
View ArticleMoscow Exchange: Final Settlement Of Brent Derivatives In December 2016,...
Due to public holidays in Russia, the final settlement date of the January Brent oil futures contracts (BR-1.17) will be changed to 30 December 2016, instead of 2 January 2017. The date will be changed...
View ArticleIbdar Launches Parallel Shari’ah Trade Finance Fund
Bahrain-based wholesale Islamic Investment bank, Ibdar Bank, has announced the launch of the Barak Ibdar Shari’ah Trade Finance Fund, a parallel fund of the highly successful Barak Trade Finance...
View ArticlePwC Launches New Fintech Capability Called ‘Vulcan Digital Asset...
PwC has today launched a new fintech capability called Vulcan Digital Asset Services to enable digital assets to be used for everyday banking, commerce and other personal currency and asset related...
View ArticleTime-varying return predictability in the Chinese stock market....
China's stock market is the largest emerging market all over the world. It is widely accepted that the Chinese stock market is far from efficiency and it possesses possible linear and nonlinear...
View ArticleWeekly Top 5 Papers – November 14, 2016
1. Trump University and Presidential Impeachment by Christopher Peterson (University of Utah – S.J. Quinney College of Law)read more...
View ArticleTop Stocks 2017: A Sharebuyer's Guide to Leading Australian Companies
Top Stocks 2017 is your expert guide to the Australian sharemarket. Now in its 23rd edition, this book represents the benchmark standard of rigorous analysis and stringent selection to give you the...
View ArticleShenzhen Stock Exchange Market Bulletin 14 November, 2016, Issue 38
According to a report jointly published by the National Bureau of Statistics (NBS), the Ministry of Science and Technology and the Ministry of Finance, China's research and development (R&D)...
View ArticleQatar Stock Exchange: The MSCI Index Review
MSCI announced the result of the periodical review. For the Companies listed at QSE The outcome of the review is as follows:read more...
View ArticleDGCX Welcomes ICBC As A Clearing And Settlement Bank
Dubai Gold & Commodities Exchange (DGCX) today announced that Industrial and Commercial Bank of China Limited (ICBC), the world’s largest bank, has joined as a Settlement Bank for Dubai Commodities...
View ArticleUK's Financial Conduct Authority Introduces Cap On Early Exit Pension Charges
The Financial Conduct Authority (FCA) has today announced its final rules on capping early exit charges for consumers eligible to access the government’s pension reforms from age 55.read more...
View ArticleSETL, Deloitte And Metro Bank Put Sterling Onto The Blockchain For Consumer...
SETL, Deloitte and Metro Bank completed a series of firsts this week in London. SETL provided a contactless smartcard enabled blockchain allowing digitised payments, Deloitte exercised its blockchain...
View ArticleHKEX: Updated Arrangements For Adjustment Of SMIC Futures
Hong Kong Exchanges and Clearing Limited (HKEX) has announced updated arrangements for the capital adjustment of Semiconductor Manufacturing International Corporation (SMIC) stock futures contracts....
View ArticlePacked Week Of Activities In Cooperation With Leading Institutions And...
Dubai Financial Market (DFM) today announced that it will actively participate in the “UAE Innovation Week 2016”, the nationwide initiative that aims to reflect the country’s impressive achievements...
View ArticleInflation mechanisms, expectations and monetary policy
Inflation has been off-target for some time in many economies, both advanced and emerging. Whereas advanced economies have mostly been experiencing inflation below target, the experience among emerging...
View ArticleWe Succeeded In Making 2016 A Year Of Digital Transformation For ADX –...
Abu Dhabi Securities Exchange (ADX) Chief Executive, Rashed Al Blooshi said that the continuous growth in ADX performance during the past 16 years is closely aligned with the vision and aspirations of...
View ArticleICAP Appoints Guy Rowcliffe Head Of Asia Pacific, Post Trade Risk And...
ICAP, a leading markets operator and provider of post trade risk mitigation and information services, announces today that Guy Rowcliffe, CEO of RESET, has been appointed Head of Asia Pacific, ICAP...
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