Death by Pokemon GO: The Economic and Human Cost of Using Apps While Driving...
Using police accident reports for Tippecanoe County, Indiana, and exploiting the introduction of the augmented reality game Pokemon GO as a natural experiment, we document a disproportionate increase...
View ArticleStrong Employers and Weak Employees: How Does Employer Concentration Affect...
We analyze the effect of local-level labor market concentration on wages. Using Census data over the period 1977-2009, we find that: (1) local-level employer concentration exhibits substantial...
View ArticleHeard it Through the Grapevine: Direct and Network Effects of a Tax...
Tax enforcement may affect both the behavior of those directly treated and of some taxpayers not directly treated but linked via a network to those who are treated. A large-scale randomized field...
View ArticleHospital Pricing and Public Payments -- by Michael Darden, Ian McCarthy, Eric...
A longstanding debate in health economics and health policy concerns how hospitals adjust prices with private insurers following reductions in public funding. A common argument is that hospitals engage...
View ArticleDo Conditional Cash Transfers Improve Economic Outcomes in the Next...
Conditional cash transfer programs have spread to over 80 countries in the past two decades, but little is known about their long-term effects on the youth they target. This paper estimates the impact...
View ArticleDo Employee Spinoffs Learn Markets From Their Parents? Evidence From...
It is well established that employee spinoffs learn their parents' technologies, but little is known about their demand-side learning. We exploit the identification in international trade data of...
View ArticleCFTC’s Technology Advisory Committee Announces Agenda for February 14...
The Commodity Futures Trading Commission (CFTC) today announced the agenda for the upcoming Technology Advisory Committee (TAC) public meeting that will be held on Wednesday, February 14, 2018 at...
View ArticleBitfury-Backed Bitcoin Miner Hut 8 Prepares to Go Public
Hut 8, two months after announcing its partnership with Bitfury, is preparing to be listed on the TSX Venture Exchange prior to expanding mining ops.
View ArticleEEX: New Daily Record in Phelix-DE Futures
On 9th February, EEX achieved a new daily record in Phelix-DE Futures with a total volume of 11.3 TWh (previous record: 10.8 TWh on 19th December 2017).
View ArticleEurex: MSCI Offering Expanded To Include Exposure To Korea
January saw Eurex MSCI products get off to a great start in 2018. Due to the advancing roll period, open interest in many established products and several new ones have gained traction, most notably in...
View ArticleCboe Global Markets Reports Week Of Record Trading Activity
Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today reported its busiest week ever with several new trading records across Cboe’s...
View ArticleBSX Lends Its Support To Bermuda’s ‘Just Good Business’...
The Bermuda Stock Exchange (BSX) today announced its support for Bermuda’s recently launched ‘Just Good Business’ campaign.read more...
View ArticleSEC Launches Share Class Selection Disclosure Initiative To Encourage...
The Division of Enforcement of the Securities and Exchange Commission today announced a self-reporting initiative that seeks to protect advisory clients from undisclosed conflicts of interest and...
View ArticleRemarks At SIFMA AML, Susan Schroeder, Executive Vice President, Enforcement,...
Good morning. It’s great to have this opportunity to be with you today.read more...
View ArticleStatement of Commissioner Brian Quintenz Regarding CFTC’s FY 2019...
Statement of Commissioner Brian Quintenz Regarding CFTCâs FY 2019 Budget Request
View ArticleOptimization of Fire Sales and Borrowing in Systemic Risk....
This paper provides a framework for modeling financial contagion in a network subject to fire sales and price impacts, but allowing for firms to borrow to cover their shortfall as well. We consider...
View ArticleNew Proposals of a Stress Measure in a Capital and its Robust Estimator....
In this paper a novel approach for a measurement of stresses in a capital, which induce the capital flows between economic systems, is proposed. The proposals appeal to an apparatus offered by the...
View ArticleStructural Estimation of Behavioral Heterogeneity. (arXiv:1802.03735v1...
We develop a behavioral asset pricing model in which agents trade in a market with information friction. Profit-maximizing agents switch between trading strategies in response to dynamic market...
View ArticleDynamics of observables in rank-based models and performance of functionally...
In the seminal work [9], several macroscopic market observables have been introduced, in an attempt to find characteristics capturing the diversity of a financial market. Despite the crucial importance...
View ArticleParticle-without-Particle: a practical pseudospectral collocation method for...
Differential equations with distributional sources---in particular, involving delta distributions and/or derivatives thereof---have become increasingly ubiquitous in numerous areas of physics and...
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