Generative Models for Stochastic Processes Using Convolutional Neural...
The present paper aims to demonstrate the usage of Convolutional Neural Networks as a generative model for stochastic processes, enabling researchers from a wide range of fields (such as quantitative...
View ArticleWalkway At Indonesia Stock Exchange Building Collapses - Dozens Injured
More than 70 people were injured after a walkway at the Indonesia Stock Exchange building in Jakarta collapsed earlier today.read more...
View ArticleMoscow Exchange Launches New GCC Repo indicator
From 15 January 2018, Moscow Exchange will calculate and publish a new gauge of Money Market performance, the MOEXREPO GCC indicator, based on CCP-cleared repo transactions in general collateral...
View ArticleSIX Appoints Members Of The New Executive Board
On 10 November 2017, SIX announced the realignment of the company and the appointment of the new CEO, Jos Dijsselhof, who assumed office on 1 January 2018. Today SIX will appoint all members of the...
View ArticleDeutsche Börse AG: Release Of Capital Market Information
In the period from 08 January 2018 to, and including, 12 January 2018, Deutsche Börse AG purchased a number of 29,861 shares within the framework of its ongoing share buy-back program which had been...
View ArticleNigerian Stock Exchange Promotes Ms. Tinuade Awe As Executive Director,...
The Nigerian Stock Exchange (“Exchange” or “NSE”) announced today the promotion of Ms Tinuade Awe to Executive Director, Regulation with effect from 1 January, 2018. Her appointment has received...
View ArticleNo, You Don't Have to Buy a Whole Bitcoin
As new enthusiasts enter the cryptocurrency markets, one developer wants to make bitcoin's divisibility really stand out by coining the term "bits."
View ArticleBitmain Reportedly Eyeing Canada for Bitcoin Mining Expansion
After announcing a Swiss branch, Chinese bitcoin mining giant Bitmain is reportedly looking at a second expansion into Quebec.
View ArticleBlockchain in the Boardroom: Moving Toward Enterprise Deployment
Enterprises may have gone quiet toward the end of 2017, but that doesn't mean they won't be players in the year ahead, Accenture's Valiente argues.
View ArticleSocial Structure and Conflict: Evidence from Sub-Saharan Africa -- by Jacob...
We test the long-standing hypothesis that ethnic groups that are organized around `segmentary lineages' are more prone to conflict and civil war. Ethnographic accounts suggest that in segmentary...
View ArticleA Sufficient Statistics Approach for Aggregating Firm-Level Experiments -- by...
We consider a dynamic economy populated by heterogeneous firms subject to generic capital frictions: adjustment costs, taxes and financing constraints. A random subset of firms in this economy receives...
View ArticleThe Impact of International Patent Systems: Evidence from Accession to the...
We analyze the impact of accession to the regional patent system established by the European Patent Convention (EPC) on 14 countries that acceded between 2000 and 2008. We look at changes in patenting...
View ArticlePreventives Versus Treatments Redux: Tighter Bounds on Distortions in...
Kremer and Snyder (2015) show that demand curves for a preventive and treatment may have different shapes though they target the same disease, biasing the pharmaceutical manufacturer toward developing...
View ArticleA Neoclassical Theory of Liquidity Traps -- by Sebastian Di Tella
This paper provides an equilibrium theory of liquidity traps and the real effects of money. Money provides a safe store of value that prevents interest rates from falling enough during downturns, and...
View ArticleInternational Tax Reforms with Flexible Prices -- by Assaf Razin, Efraim Sadka
The growing spread of globalization creates a genuine need for international tax reforms. In this we establish the neutrality of border-tax adjustments of the income tax; the welfare dominance of...
View ArticleDo School Spending Cuts Matter? Evidence from the Great Recession -- by C....
Audits of public school budgets routinely find evidence of waste. Also, recent evidence finds that when school budgets are strained, public schools can employ cost-saving measures with no ill-effect on...
View ArticleThe Introduction of Tasers and Police Use of Force: Evidence from the Chicago...
In March 2010, the Chicago Police Department changed its Taser policy, issuing the weapons to patrol officers instead of largely restricting their use to sergeants. We used that policy change to obtain...
View ArticleBureaucratic Competence and Procurement Outcomes -- by Francesco Decarolis,...
To what extent does a more competent public workforce contribute to better economic outcomes? We analyze this question in the context of the US federal procurement by combining data on office-level...
View ArticleStatistical Discrimination and Duration Dependence in the Job Finding Rate --...
This paper models a frictional labor market where employers endogenously discriminate against the long term unemployed. The estimated model replicates recent experimental evidence which documents that...
View ArticleMisallocation Measures: The Distortion That Ate the Residual -- by John...
A large literature on misallocation and productivity has arisen in recent years, with Hsieh and Klenow (2009; hereafter HK) as its standard empirical framework. The framework's usefulness and...
View Article