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2017: A Defining Year for Cryptocurrency Regulation

This Year in Review article look at some of the major regulatory developments from 2017.

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Bitcoin Average Dormancy: A Measure of Turnover and Trading Activity....

Attempts to accurately measure the monetary velocity or related properties of bitcoin used in transactions have often attempted to either directly apply definitions from traditional macroeconomic...

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Foreign Portfolio Investment and Economy: The Network Perspective....

The European Union and Eurozone present an inquisitive case of strongly interconnected network with high degree of dependence among nodes. This research focused on investment network of European Union...

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Pricing variance swaps under Levy process with stochastic volatility and CIR...

This study focuses on the pricing of the variance swap in the financial market where the stochastic interest rate and the volatility of the stock are driven by Cox-Ingersoll-Ross model and Heston model...

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Rethinking Stabilization Policy: Evolution or Revolution? -- by Olivier J....

The obvious lesson from the Great Financial Crisis is that the financial system matters and financial crises will probably happen again. The second, more general, lesson is that the economy is often...

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Frictional Coordination -- by George-Marios Angeletos

The notion that business cycles are driven by demand shocks is subtle. I first review the conceptual and empirical challenges faced when trying to accommodate this notion in modern, micro-founded,...

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Global Inequality when Unequal Countries Create Unequal People -- by Martin...

Current global inequality measures assume that national-mean income does not matter to economic welfare at given household income, as measured in surveys. The paper questions that assumption on...

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Should Retail Investors' Leverage Be Limited? -- by Rawley Z. Heimer, Alp Simsek

Does the provision of leverage to retail traders improve market quality or facilitate socially inefficient speculation that enriches financial intermediaries? This paper evaluates the effects of 2010...

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Do Taxes Increase Economic Inequality? A Comparative Study Based on the State...

I present new quasi-experimental evidence on the relationship between tax policies and the distribution of income. I focus on the twentieth century United States, and on the personal income tax, since...

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Artificial Intelligence and Its Implications for Income Distribution and...

Inequality is one of the main challenges posed by the proliferation of artificial intelligence (AI) and other forms of worker-replacing technological progress. This paper provides a taxonomy of the...

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Monday 1 January 2018 An Official Holiday For Qatar Stock Exchange

Qatar Stock Exchange hereby informs you as follows: It has been decided that Monday 1 January 2018 will be an official holiday at Qatar Stock Exchange and work shall resume on Tuesday 2 January 2018....

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The Amman Stock Exchange Index Quarterly Review

Mr. Bassam Abu Abbas the Deputy Chief Executive Officer of the Amman Stock Exchange (ASE) said that the ASE has conducted the periodic quarterly review of the ASE index constituents in purpose of...

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The Saudi Stock Exchange Performance Report – Annual Statistical Report...

At the end of the year 2017 Tadawul All Share Index (TASI) closed at a level of 7,226.32 points compared to 7,210.43 points for the previous year, gained 15.89 points 0.22%. The highest close level for...

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Pieter Wuille

Speak softly and carry a big SegWit? If bitcoin saw its biggest and most controversial change this summer, the evolution can all be traced back to one developer. Still, the founder of the controversial...

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Yao Qian

Call it the biggest short in history. China took plenty of actions against cryptocurrencies in 2017, banning ICOs, shutting down domestic exchanges and all but taking a match to what was once one of...

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Joe Lubin

Part sheriff? Part outlaw? Either way, Joe Lubin appears right at home in the "Wild West" of cryptocurrencies. The leader of a company that's part ethereum project incubator, part change-the-world...

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Naval Ravikant

If crypto assets really are the "Craziest Bubble Ever," then Naval Ravikant is the movement's elder statesman. The founder of AngelList, Ravikant didn't talk much about startups in 2017, instead...

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Charlie Lee

It's good to be Charlie. After years of working at the first "Bitcoin Unicorn," Lee stepped out on his own in 2017 to take up arms against those who would delay bitcoin technical development. His...

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Jamie Dimon

"Bitcoin is a fraud." Four small words ignited a maelstrom when JPMorgan CEO Jamie Dimon took the stage at a conference in September. The blockchain world was never quite the same again. In response,...

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Bitcoin Sign Guy

The man behind the sign steps into the light to reveal his motives. In a year beset by savage infighting, Bitcoin Sign Guy took a stand, with a small action that not only broke the internet, but raised...

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