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Illusory Gains from Chile's Targeted School Voucher Experiment -- by Benjamin...

In 2008, Chile implemented a targeted voucher program that increased voucher values for disadvantaged students at participating schools by approximately 50%. Although disadvantaged students made...

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Sticking Points: Common-Agency Problems and Contracting in the U.S....

We propose a "common-agency" model for explaining inefficient contracting in the U.S. healthcare system. In our setting, common-agency problems arise when multiple payers seek to motivate a shared...

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Firms' Internal Networks and Local Economic Shocks -- by Xavier Giroud,...

This paper shows that firms spread the adverse impacts of local employment shocks across regions through their internal networks of establishments. Linking confidential micro data at the establishment...

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Currency Matters: Analyzing International Bond Portfolios -- by John D....

Currency denomination is a prominent feature in the analysis of the structure of international bond markets, but is largely absent from analyses of cross-border investment in debt securities. This...

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The Returns to Nursing: Evidence from a Parental Leave Program -- by Benjamin...

Nurses comprise the largest health profession. In this paper, we measure the effect of nurses on health care delivery and patient health outcomes across sectors. Our empirical strategy takes advantage...

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When Work Disappears: Manufacturing Decline and the Falling Marriage-Market...

The structure of marriage and child-rearing in U.S. households has undergone two marked shifts in the last three decades: a steep decline in the prevalence of marriage among young adults, and a sharp...

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Recovery from the Great Depression: The Farm Channel in Spring 1933 -- by...

In the four months following the trough of the Great Depression in March 1933, industrial production rose 57 percent. We argue that an important source of recovery was the direct effect of dollar...

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With a Little Help from My Friends: The Effects of Naloxone Access and Good...

In an effort to address the opioid epidemic, a majority of states have recently passed some version of a Naloxone Access Law (NAL) and/or a Good Samaritan Law (GSL). NALs allow lay persons to...

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Deviations from Covered Interest Rate Parity -- by Wenxin Du, Alexander...

We find that deviations from the covered interest rate parity condition (CIP) imply large, persistent, and systematic arbitrage opportunities in one of the largest asset markets in the world. Contrary...

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IOSCO issues report on Loan Funds â important niche products to fund...

IOSCO/MR/03/2017read more...

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Erfolgsfaktor Agilität: Chancen für Unternehmen...

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Fidessa Appoints Chris Monnery To Head Its Electronic Execution Business In...

Fidessa group plc (LSE: FDSA) today announced a key new appointment for its sell-side business: Chris Monnery is now the US Head of Product Marketing for Electronic Execution. He is based in New York...

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STOXX Expands Fixed Income Offering

STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, today introduced the EURO STOXX 50 Corporate Bond Sector, Rating and...

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BT Links Up The Five Biggest Foreign Exchange Markets In The World -...

BT today announced that it is linking up the world’s five main foreign exchange (FX) locations to help boost the competitiveness of its global financial industry customers.  The company is now offering...

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Start Up: Wikipediaâs AI effort, Krebs wins again, Uberâs...

Suspicion is growing that IBM's Watson "AI" doesn't live up to the company's motto https://t.co/aZJDJn9Con http://pic.twitter.com/MMnXzRSkcD — Charles Arthur…

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Beyond the headlines: quantifying the economic contributions of migrants

Beyond the headlines: quantifying the economic contributions of migrants @WesternUnionCEO https://t.co/F5AKCkBVmN #wef17 http://pic.twitter.com/nxTla1FWK8 —…

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Inside the race to build the fastest ever supercomputer

Inside the race to build the fastest ever #supercomputer https://t.co/JVj7nJmlrQ #technology http://pic.twitter.com/GLbSVSeduN — World Economic Forum (@wef)…

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Ian Fraser: What the HBOS Fraud Tells Us About the State of British Banking |...

Ian Fraser: What the HBOS Fraud Tells Us About the State of British Banking https://t.co/rHOHM8w4OK http://pic.twitter.com/TkrVr4lnK8 — Yves Smith (@yvessmith)…

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Kolja Kleineberg on Twitter

"Interplay between social influence and competitive strategical games in multiplex networks" https://t.co/gFTWW8uhsZ @FuturICT @anduviera…

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News on the upcoming MathFinance Conference (April 20-21, 2017)

News on the upcoming MathFinance Conference (April 20-21, 2017) https://t.co/pm0a2uaYIi by @MathFinance on @LinkedIn — moneyscience (@moneyscience) February…

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