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ITG Releases April 2016 U.S. Trading Volumes

NEW YORK, May 09, 2016 (GLOBE NEWSWIRE) -- ITG (NYSE:ITG), a leading independent broker and financial technology provider, today announced that April 2016 U.S. trading volume was 2.7 billion shares and...

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CFTC Financial Data For Futures Commission Merchants Update

Futures commission merchants (FCMs) and retail foreign exchange dealers (RFEDs) must file monthly financial reports with the CFTC's Division of Swap Dealer and Intermediary Oversight (DSIO) within 17...

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London Stock Exchange Derivatives Market Launches FTSE 100 Weekly Options

London Stock Exchange Derivatives Market (LSEDM), the derivatives market of the London Stock Exchange, today announces the launch of weekly options based on the FTSE 100 Index from 31 May 2016. This...

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Culture In Financial Services â A Regulatorâs Perspective -...

It is good to be at City Week again.  Also, congratulations on the welcome approach to the geography of City Week – bringing it to the Oval means that for those of us who live south of the river, we...

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Zombies-To-Be and the Walking Dead of Debt

Using the dynamics of credit–which most other economists ignore–I explain why Japan, the USA and UK are among the “Walking Dead of Debt” and why China, Canada, Australia and South Korea are on...

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Solactive And Bluestar Launch The Israel Economic Exposure Indexes - Unique...

By launching the Solactive-BlueStar Israel Economic Exposure Index (IEEI) family, Solactive AG and BlueStar Indexes introduce an innovative pair of indexes designed to reflect the segmentation of the...

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The Great Recession in the Shadow of the Great Depression: A Review Essay on...

This essay reviews Barry Eichengreen's recent book that compares the Great Depression and the Great Recession. Eichengreen focuses on deficient aggregate demand as the key reason for why both downturns...

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Digital Currencies, Decentralized Ledgers, and the Future of Central Banking...

Central banking in an age of digital currencies is a fast-developing topic in monetary economics. Algorithmic digital currencies such as bitcoin appear to be viable competitors to central bank fiat...

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Technology and Education: Computers, Software, and the Internet -- by George...

A substantial amount of money is spent on technology by schools, families and policymakers with the hope of improving educational outcomes. This paper explores the theoretical and empirical literature...

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Global Production with Export Platforms -- by Felix Tintelnot

Most international commerce is carried out by multinational firms, which use their foreign affiliates both to serve the market of the host country and to export to other markets outside the host...

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Impacts and Determinants of Health Levels in Low-Income Countries -- by...

Improved health in low-income countries could considerably improve wellbeing and possibly promote economic growth. The last decade has seen a surge in field experiments designed to understand the...

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Moral Costs and Rational Choice: Theory and Experimental Evidence -- by James...

The literature exploring other regarding behavior sheds important light on interesting social phenomena, yet less attention has been given to how the received results speak to foundational assumptions...

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Maternal Education, Parental Investment and Non-Cognitive Skills in Rural...

The importance of non-cognitive skills in determining long-term human capital and labor market outcomes is widely acknowledged, but relatively little is known about how educational investments by...

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Non-durable Consumption and Housing Net Worth in the Great Recession:...

In an influential paper, Mian, Rao and Sufi (2013) exploit geographic variation in housing supply elasticities to measure the effect of changes in the housing share of net worth on total household...

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Democracy for Polarized Committees: The Tale of Blotto's Lieutenants -- by...

In polarized committees, majority voting disenfranchises the minority. Allowing voters to spend freely a fixed budget of votes over multiple issues restores some minority power. However, it also...

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Macroeconomics of Persistent Slumps -- by Robert E. Hall

In modern economies, sharp increases in unemployment from major adverse shocks result in long periods of abnormal unemployment and low output. This chapter investigates the processes that account for...

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Family Ruptures, Stress, and the Mental Health of the Next Generation -- by...

This paper studies how in utero exposure to maternal stress from family ruptures affects later mental health. We find that prenatal exposure to the death of a maternal relative increases take-up of...

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Pricing Assets in an Economy with Two Types of People -- by Roger E.A. Farmer

This paper constructs a general equilibrium model with two types of people where asset price fluctuations are caused by random shocks to the price level that reallocate consumption across generations....

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Parental Responses to Child Support Obligations: Evidence from Administrative...

We leverage non-linearities in Danish child support guidelines and rich administrative data to provide causal estimates of parental behavioral responses to child support obligations. We estimate that a...

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What Do Test Scores Miss? The Importance of Teacher Effects on Non-Test Score...

This paper extends the traditional test-score value-added model of teacher quality to allow for the possibility that teachers affect a variety of student outcomes through their effects on both...

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