Exporting and Organizational Change -- by Lorenzo Caliendo, Ferdinando Monte,...
We study the effect of exporting on the organization of production within firms. Using French employer-employee matched data together with data on a firm's exporting activity, we find that firms that...
View ArticleContagion During the Initial Banking Panic of the Great Depression -- by Erik...
The initial banking crisis of the Great Depression has been the subject of debate. Some scholars believe a contagious panic spread among financial institutions. Others argue that suspensions surged...
View ArticleThe "Size Premium" in Equity Markets: Where is the Risk?....
We find that when measured in terms of dollar-turnover, and once $\beta$-neutralised and Low-Vol neutralised, the Size Effect is alive and well. With a long term t-stat of $5.1$, the "Cold-Minus-Hot"...
View ArticleControl-stopping Games for Market Microstructure and Beyond....
In this paper, we present a family of a control-stopping games which arise naturally in equilibrium-based models of market microstructure, as well as in other models with strategic buyers and sellers....
View ArticleU.S. Senate Unanimously Confirms Giancarlo as Chairman, Quintenz and Behnam...
The U.S. Senate today voted unanimously to confirm the nomination of J. Christopher Giancarlo as Chairman for the U.S. Commodity Futures Trading Commission. In addition, Brian D. Quintenz and Rostin...
View ArticleStatement of CFTC Commissioner Sharon Y. Bowen on the Confirmation Russ...
Statement of CFTC Commissioner Sharon Y. Bowen on the Confirmation Russ Behnam and Brian Quintenz as CFTC Commissioners
View ArticleStatement of CFTC Commissioner Sharon Y. Bowen on the Confirmation of J....
Statement of CFTC Commissioner Sharon Y. Bowen on the Confirmation of J. Christopher Giancarlo as Chairman
View ArticleWhy we like the ECI+ algorithm. (arXiv:1708.01161v1 [q-fin.EC])
Recently a measure for Economic Complexity named ECI+ has been proposed by Albeaik et al. We like the ECI+ algorithm because it is mathematically identical to the Fitness algorithm, the measure for...
View ArticleLorenz curves interpretations of the Bruss-Duerinckx theorem for resource...
The Bruss and Duerinckx theorem for resource dependent branching processes states that the survival of any society form is nested in an envelope formed by two extreme policies. The objective of this...
View ArticleIs It a Curse to Be Labeled a Star?
Jennifer and Gianpiero Petriglieri have written a terrific Harvard Business Review article titled, "The Talent Curse." In this essay, they argue that being labeled as a "high potential" or "future...
View ArticleSupporting Homes for our Troops
Thank you so much to all my readers who have contributed to my campaign to support Homes for our Troops. I'm running the Twin Cities Marathon on October 1st to support this amazing organization that...
View ArticleNew Podcast "CFTC Talks” Launched Today
The U.S. Commodity Futures Trading Commission (CFTC) launched a new podcast âCFTC Talksâ today with special guest Acting Comptroller of the Currency Keith Norieka.
View ArticleI'm going to start blogging again
I stopped doing posts on this blog in 2014. I found it too time consuming, and I had painted myself into a corner by the narrow topics, the tone, and the article-like discourse. So I'm going to do a...
View ArticleReal Strength: Build your resilience and bounce back from anything
"One of the best books I've ever read on practical resilience."-Miriam Akhtar, positive psychologist and author of What is Post-Traumatic Growth?read more...
View ArticleFailure Has Become Fashionable
Everyone is talking about becoming more tolerant of failure these days. You read it everywhere. Failures are really learning opportunities. You learn more from failure than success. You have to be...
View ArticleInside Real Estate: Buy, Sell and Profit in any Property Market
Inside Real Estate is a down-to-earth consumer guide for anyone navigating the property market in the digital age. Written by industry veteran Peter O'Malley, this book exposes the truth about modern...
View Article101 Ways to Save Money on Your Tax - Legally! 2017-2018
101 Ways to Save Money on Your Tax — Legally! is the quintessential guide for every Australian taxpayer. Updated annually to keep pace with changing tax laws, this book shows you how to maximise your...
View ArticleClik here to view.
Why is the Stock Market So High?
Photo Credit: Carl Wycoff || It is a long way to the end of retirement. Â People are getting ready for it. Â Are you?read more...
View ArticleClik here to view.
Sensitivity of the Eisenberg-Noe clearing vector to individual interbank...
We quantify the sensitivity of the Eisenberg-Noe clearing vector to estimation errors in the bilateral liabilities of a financial system. The interbank liabilities matrix is a crucial input to the...
View Article