Fifty Years Of Growth In American Consumption, Income, And Wages -- by Bruce...
Despite the large increase in U.S. income inequality, consumption for families at the 25th and 50th percentiles of income has grown steadily over the time period 1960-2015. The number of cars per...
View ArticleThe Cross Section of Bank Value -- by Mark Egan, Stefan Lewellen, Adi Sunderam
We study the determinants of value creation within U.S. commercial banks. We focus on three theoretically-motivated drivers of bank value: screening and monitoring, "safe" deposit production, and...
View ArticleStrengthening National Data to Better Measure What We Are Buying in Health...
As health care financing, organization, and delivery innovations proliferate, the need for comprehensive, detailed data on medical spending has never been more apparent. This study builds on previous...
View ArticleMigrants and the Making of America: The Short- and Long-Run Effects of...
We study the effects of European immigration to the United States during the Age of Mass Migration (1850-1920) on economic prosperity today. We exploit variation in the extent of immigration across...
View ArticleJoan Garry's Guide to Nonprofit Leadership: Because Nonprofits Are Messy
Nonprofit leadership is messyread more...
View ArticleREGIS-TR Receives Formal Recognition As Foreign Trade Repository In Switzerland
The European Trade Repository REGIS-TR has been formally recognized by the Swiss Financial Market Supervisory Authority FINMA on 1 April 2017. REGIS-TR is now officially a foreign trade repository in...
View ArticleEEX: 42% Volume Increase On German-Austrian Power Derivatives Market - EEX...
In March 2017, the European Energy Exchange (EEX) reached a volume of 311.2 TWh on its power derivatives markets, representing a year-on-year increase of 22% (March 2016: 255.8 TWh).read more...
View ArticlePEGAS: Consultation Paper On The Self-Evaluation Of Austriaâs Eastern...
The pan-European gas trading platform PEGAS, operated by Powernext, has published a new position paper in response to the study initiated by E-Control on the performance of the Austrian gas market and...
View ArticleTASE Launches Two New Indices: TA-SME150 And TA-Rimon - The New Indices...
At its March 30th, 2017 board meeting, the Tel Aviv Stock Exchange (TASE) Board of Directors approved the launch of two new Equity indices: the TA-SME150 and the TA-Rimon indices. Both indices include...
View ArticleLondon Stock Exchange Group Plc Transaction In Own Shares
London Stock Exchange Group plc (the "Company") announces that it has purchased through Barclays Capital Securities Limited, in accordance with the authority granted by shareholders at the Company's...
View ArticleUnieuro Debuts Today On The STAR Segment Of Borsa Italiana - The Company...
Today Unieuro debuts on the STAR segment of Borsa Italiana. It is the 7th listing since the beginning of the year and the first on the Main Market. Unieuro is one of the largest Italian chains of...
View ArticleESMA Publishes Responses To TR Portability Consultation
The European Securities and Markets Authority (ESMA) has published today the responses it received to its public consultation on future guidelines on the transfer of data between trade repositories...
View ArticleCanadian Securities Regulators Seek Input On Proposed Business Conduct Rules...
The Canadian Securities Administrators (CSA) today published for comment Proposed National Instrument 93-101Derivatives: Business Conduct and a related proposed companion policy. The proposed...
View ArticleKara Novaco Brockmeyer, Chief Of FCPA Unit, To Leave SEC After 17 Years Of...
The Securities and Exchange Commission today announced that Kara Novaco Brockmeyer, Chief of the Enforcement Division’s Foreign Corrupt Practices Act (FCPA) Unit, is planning to leave the agency later...
View ArticleFederal Reserve Is Committed To Maintaining The Security Of Confidential FOMC...
The Federal Reserve is committed to maintaining the security of confidential FOMC information. We cooperated fully with the independent law enforcement investigation into an unauthorized disclosure in...
View ArticleDeparting Thoughts, Federal Reserve Governor Daniel K. Tarullo, At The...
Tomorrow is my last day at the Federal Reserve. So in this, my final official speech, it seems appropriate to offer a broad perspective on how financial regulation changed after the crisis. In a...
View ArticleNZX Shareholder Metrics March 2017
Please see attached NZX Shareholder Metrics for March 2017.read more...
View ArticleInterconnectedness in the Global Financial Market. (arXiv:1704.01028v1...
The global financial system is highly complex, with cross-border interconnections and interdependencies. In this highly interconnected environment, local financial shocks and events can be easily...
View ArticleMarket Efficiency and Price Stabilization Policy in Interwar Osaka-Dojima...
We investigate how and to what extent the Japanese government intervened in the rice futures exchange in Osaka during the interwar period, from the late 1910s to 1939, using a time-varying AR model. We...
View Article