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A Tale of Two Tails: Commuting and the Fuel Price Response in Driving -- by...

The consumer price responsiveness of driving demand is central to the welfare consequences of fuel price changes. This study uses rich data covering the entire population of vehicles and consumers in...

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Commitment vs. Flexibility with Costly Verification -- by Marina Halac,...

We introduce costly verification into a general delegation framework. A principal faces an agent who is better informed about the efficient action but biased towards higher actions. An audit verifies...

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Recent Flattening in the Higher Education Wage Premium: Polarization, Skill...

Wage gaps between workers with a college or graduate degree and those with only a high school degree rose rapidly in the United States during the 1980s. Since then, the rate of growth in these wage...

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Meet the Oligarchs: Business Legitimacy, State Capacity and Taxation -- by...

We analyze the role of people's beliefs about the rich in the determination of public policy in the context of a randomized online survey experiment. A question we study is the desirability of...

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Projections and Uncertainties About Climate Change in an Era of Minimal...

Climate change remains one of the major international environmental challenges facing nations. Yet nations have to date taken minimal policies to slow climate change. Moreover, there has been no major...

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International GAAP 2017: Generally Accepted Accounting Practice under...

IFRSs, the standards set by the International Accounting Standards Board (IASB), are complex and sometimes obscure. Understanding their implications and applying them appropriately requires something...

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Beecher Carlson Promotes Erin Lynch to President, Global Energy Practice

Beecher Carlson Insurance Services, LLC (“Beecher Carlson”), a specialized large account insurance broker, has promoted Erin Lynch to President of its Global Energy Practice.  Lynch will lead the...

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The Link Between a Happy Spouse and a Healthy You

Scholars William Chopik and Ed O'Brien have conducted some fascinating research on the link between your spouse's happiness and your health.  According to the Booth Review, A number of previous studies...

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The Topology of Inter-industry Relations from the Portuguese National...

In last years, the Portuguese economy has gone through a severe adjustment process, affecting almost all industrial sectors, the building blocks of economic structures. Research on economic structural...

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The Blockchain: A Gentle Four Page Introduction. (arXiv:1612.06244v1 [q-fin.GN])

Blockchain is a distributed database that keeps a chronologically-growing list (chain) of records (blocks) secure from tampering and revision. While computerisation has changed the nature of a ledger...

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Does Trump's election victory divide US stock market into winners and...

Many analysts, who had anticipated a great market anxiety resulting in market-wide stock price losses over the event of a Trump presidential victory, remain puzzling through why the market rebounded...

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A Markovian Model of the Evolving World Input-Output Network....

Using the recently available World Input-Output Database, we modeled the evolving world economic network (from 1995 to 2011) with a series of time-homogeneous finite Markov chains. Next, we...

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Optimal Investment under Information Driven Contagious Distress....

We introduce a dynamic optimization framework to analyze optimal portfolio allocations within an information driven contagious distress model. The investor allocates his wealth across several stocks...

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Co-movements in financial fluctuations are anchored to economic fundamentals:...

We show that there exists an empirical linkage between nominal financial networks and the underlying economic fundamentals across countries. We construct the nominal return correlation networks from...

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The Barefoot Investor: The Only Money Guide You'll Ever Need

That's a bold claim, given there are already thousands of finance books on the shelves.read more...

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Climate change threatens ability of insurers to manage risk

Climate change threatens ability of insurers to manage risk. https://t.co/2s864vF8jI — moneyscience (@moneyscience) December 7, 2016

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7,500 Faceless Coders Paid in Bitcoin Built a Hedge Fundâs Brain

7,500 Faceless Coders Paid in Bitcoin Built a Hedge Fund’s Brain https://t.co/WLw9BXpLER — moneyscience (@moneyscience) December 12, 2016

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[1612.05227] European banking supervision, the role of stress test. Some...

Research: European banking supervision, the role of stress test. Some brief considerations. (arXiv:1612.05227v1 ... https://t.co/GxBLJAXTR1 — moneyscience…

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In defense of social mediaâs predictive powers

"Just how useful is Twitter as a measure of broad sentiment?" https://t.co/rpg9yAW5lR ht @martin1975 — Arthur Charpentier (@freakonometrics) December 18, 2016

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[1612.06200] Does Trump's election victory divide US stock market into...

Research: Does Trump's election victory divide US stock market into winners and losers?. (arXiv:1612.06200v1 [q-... https://t.co/flxnXFR1vz — moneyscience…

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