Deposit Insurance and Depositor Monitoring: Quasi-Experimental Evidence from...
In the Banking Acts of 1933 and 1935, the United States created the Federal Deposit Insurance Corporation, which ensured deposits in commercial banks up to $5,000. Congress capped the size of insured...
View ArticleEthnic Differences in Demographic Behavior in the United States: What Can We...
This paper looks at the fertility and mortality experience of racial and ethnic groups in the United States from the early 20th century to the present. The first part consist of a description and...
View ArticleWeighting for External Validity -- by Isaiah Andrews, Emily Oster
External validity is a fundamental challenge in treatment effect estimation. Even when researchers credibly identify average treatment effects - for example through randomized experiments - the results...
View ArticleTwo Great Trade Collapses: The Interwar Period & Great Recession Compared...
In this paper, I offer some preliminary comparisons between the trade collapses of the Great Depression and Great Recession. The commodity composition of the two trade collapses was quite similar, but...
View ArticleAllocating Effort and Talent in Professional Labor Markets -- by Gadi...
In many professional service firms, new associates work long hours while competing in up-or-out promotion contests. Our model explores why these firms require young professionals to take on heavy...
View ArticleCFTC Orders Merrill, Lynch, Pierce, Fenner & Smith Incorporated to Pay...
The U.S. Commodity Futures Trading Commission (CFTC) issued an Order filing and simultaneously settling charges against Merrill, Lynch, Pierce, Fenner & Smith Incorporated, a registered Futures...
View ArticleA Guide to Modern Econometrics 5th Edition
A Guide to Modern Econometrics, Fifth Edition has become established as a highly successful textbook. It serves as a guide to alternative techniques in econometrics with an emphasis on intuition...
View ArticleHappy Accidents: The Transformative Power of "YES, AND" at Work and...
Happy Accidents is your personal guide to transforming your life. As we take on task after task, responsibility after responsibility, we lose sight of who we are and why we're doing what we do; we rush...
View ArticleDerivatives Markets and Analysis
Derivatives is an exposition on investments, guiding you from the basic concepts, strategies, and fundamentals to a more detailed understanding of the advanced strategies and models. As part of...
View ArticleThe Wiley Handbook of Entrepreneurship
Written by leading scholars, The Wiley Handbook of Entrepreneurship provides a distinctive overview of methodological, theoretical and paradigm changes in the area of entrepreneurship research. It...
View ArticleSlashdot
'Tetris' Recreated In Conway's 'Game of Life'https://t.co/e7Cn6i4UOn â Financial Technology (@fin_tech) September 24, 2017
View ArticleNew copulas based on general partitions-of-unity and their applications to...
We present a constructive and self-contained approach to data driven infinite partition-of-unity copulas that were recently introduced in the literature. In particular, we consider negative binomial...
View ArticleA posteriori multi-stage optimal trading under transaction costs and a...
This paper presents a method for the evaluation of a posteriori (historical) multi-variate multi-stage optimal trading under transaction costs and a diversification constraint. Starting from a given...
View ArticleArbitrage and Geometry. (arXiv:1709.07446v1 [q-fin.MF])
This article introduces the notion of arbitrage for a situation involving a collection of investments and a payoff matrix describing the return to an investor of each investment under each of a set of...
View ArticleDiagnostic Expectations and Stock Returns -- by Pedro Bordalo, Nicola...
We revisit La Porta's (1996) finding that returns on stocks with the most optimistic analyst long term earnings growth forecasts are substantially lower than those for stocks with the most pessimistic...
View ArticleThe Impact of State Medical Marijuana Laws on Social Security Disability...
We study the effect of state medical marijuana laws (MMLs) on Social Security Disability Insurance (SSDI) and Workers' Compensation (WC) claiming. We use data on benefit claiming drawn from the 1990 to...
View ArticleThe Effect of House Prices on Household Borrowing: A New Approach -- by James...
We investigate the effect of house prices on household borrowing using administrative mortgage data from the UK and a new empirical approach. The data contain household-level information on house...
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