The Spillovers, Interactions, and (Un)Intended Consequences of Monetary and...
Have bank regulatory policies and unconventional monetary policies--and any possible interactions--been a factor behind the recent "deglobalisation" in cross-border bank lending? To test this...
View ArticleUnderstanding the Improvement in Disability Free Life Expectancy In the U.S....
Understanding how healthy lifespans are changing is essential for public policy. This paper explores changes in healthy lifespan in the U.S. over time and considers reasons for the changes. We reach...
View ArticleThe Upside-down Economics of Regulated and Otherwise Rigid Prices -- by Casey...
A version of the Becker-Lancaster characteristics model featuring quality-quantity tradeoffs reveals a number of surprising market behaviors that can result from price regulations that are imposed on...
View ArticleUnsticking the Flypaper Effect Using Distortionary Taxation -- by Carlos A....
The flypaper effect is a widely-documented puzzle whereby the propensity of sub-national governmental units to spend out of unconditional transfers is higher than the propensity to spend out of private...
View ArticleEnvironmental Taxation -- by Roberton C. Williams III
This paper examines potential environmental tax policy reforms. It focuses primarily on a carbon tax, but also more briefly considers a range of other possible changes. These include revising or...
View ArticleReturns to Consumer Search: Evidence from eBay -- by Thomas Blake, Chris...
A growing body of empirical literature finds that consumers are relatively limited in how much they search over product characteristics. We assemble a dataset of search and purchase behavior from eBay...
View ArticleInter Vivos Transfers of Ownership in Family Firms -- by James R. Hines Jr.,...
This paper examines the determinants of inter vivos (lifetime) transfers of ownership in German family firms between 2000 and 2013. Survey evidence indicates that owners of larger firms, and firms with...
View ArticleTourism and Economic Development: Evidence from Mexico's Coastline -- by...
Tourism is one of the most visible and fastest growing facets of globalization in developing countries. This paper combines a rich collection of Mexican microdata with a quantitative spatial...
View ArticleA Contagious Malady? Open Economy Dimensions of Secular Stagnation -- by...
Conditions of secular stagnation - low interest rates, below target inflation, and sluggish output growth - characterize much of the global economy. We consider an overlapping generations, open economy...
View ArticleReverse Speculative Attacks -- by Manuel Amador, Javier Bianchi, Luigi...
In January 2015, in the face of sustained capital inflows, the Swiss National Bank abandoned the floor for the Swiss Franc against the Euro, a decision which led to the appreciation of the Swiss Franc....
View ArticleIncomplete Information in Macroeconomics: Accommodating Frictions in...
This chapter studies how incomplete information helps accommodate frictions in coordination, leading to novel insights on the joint determination of expectations and macroeconomic outcomes. We review...
View ArticleThe Influence of Geography and Measurement in Estimating Cigarette Price...
We use data from the 2006-07 and 2010-11 waves of the Tobacco Use Supplement of the Current Population Survey to calculate cigarette price elasticities that compensate for within-state cigarette...
View ArticleTaiwan Futures Exchange Monthly Newsletter - June 2016
TAIFEX will hold its annual shareholders’ meeting at 2:00pm on Friday June 24, 2016. The meeting will be convened in TAIFEX auditorium on the 6th floor, at 100 Roosevelt Rd., Sec. 2, Taipei.read more...
View ArticleInspiring Stewardship
Inspiring Stewardship helps leaders drive sustainable development and growth by balancing short- and long-term objectives amidst competing interests. By examining a range of exceptional individual and...
View ArticleThe Mindful Leader: 7 Practices for Transforming Your Leadership, Your...
Integrating proven mindfulness practices and world-class leadership theory, The Mindful Leader is the essential guide for self-aware leadership. The book simplifies mindfulness principles and links...
View ArticleTradingScreen Partners With Quantitative Brokers For Best Execution Algos
TradingScreen Inc., the leading independent provider of liquidity, trading and investment technology via SaaS, and Quantitative Brokers (“QB”), a leading provider of clearer and dealer-neutral agency...
View ArticleCBOE Holdings To Open London Office In July
CBOE Holdings, Inc. (NASDAQ: CBOE) announced today that it plans to open its first international business development office in London in July. read more...
View ArticleVolante Technologies Launches Accelerator For Bank Integration To...
Volante Technologies Inc., a global leader in the provision of software for the integration, processing and orchestration of financial messages and payments, working in collaboration with Ripple, today...
View ArticleScila Announces Deal With Tyler Capital â Ongoing Implementation Of...
Tyler Capital, a leading technology-driven proprietary trading group based in London and Singapore, has chosen to implement Scila Compliance to monitor their trading for compliance with the latest...
View ArticleSecurities Commission Malaysia Warns Public On Bogus Bonds Schemes
The Securities Commission Malaysia (SC) would like to warn the public about get-rich-quick schemes which are being promoted under the guise of bonds investments. To add legitimacy to the scheme, the...
View Article