Experimental Research on Labor Market Discrimination -- by David Neumark
Understanding whether labor market discrimination explains inferior labor market outcomes for many groups has drawn the attention of labor economists for decades - at least since the publication of...
View ArticleEconomic Policy Uncertainty and the Credit Channel: Aggregate and Bank Level...
Economic policy uncertainty affects decisions of households, businesses, policy makers and Financial intermediaries. We first examine the impact of economic policy uncertainty on aggregate bank credit...
View ArticleThe Term Structure of Interest Rates in India -- by Rajnish Mehra, Arunima Sinha
We examine the term structure of interest rates in India to see if the yield curve can be rationalized based on the 'expectations hypothesis'. Although we find evidence of predictability for holding...
View ArticleUsing Preference Estimates to Customize Incentives: An Application to Polio...
We use structural estimates of time preferences to customize incentives for a sample of polio vaccinators during a series of door-to-door immunization drives in Pakistan. Our investigation proceeds in...
View ArticleHealth Capacity to Work at Older Ages in Denmark -- by Paul Bingley, Nabanita...
Longevity is increasing and many people are spending a greater proportion of their lives reliant on pensions to support consumption. In response to this, several countries have mandated delays to age...
View ArticleWhat Makes US Government Bonds Safe Assets? -- by Zhiguo He, Arvind...
US government bonds are widely considered to be the world's safe store of value. US government bonds are a large fraction of safe asset portfolios, such as the porfolios of many central banks. The...
View ArticleThe Demand for Diversification in Incomplete Markets -- by Rajnish Mehra,...
Endogenous diversification in a market with incomplete information generates a state-dependent premium for bearing idiosyncratic risk because time series variation in average idiosyncratic risk affects...
View ArticleSocial Norms, Labor Market Opportunities, and the Marriage Gap for Skilled...
In most of the developed world, skilled women marry at a lower rate than unskilled women. We document heterogeneity across countries in how the marriage gap for skilled women has evolved over time. As...
View ArticleField Experiments on Discrimination -- by Marianne Bertrand, Esther Duflo
This article reviews the existing field experimentation literature on the prevalence of discrimination, the consequences of such discrimination, and possible approaches to undermine it. We highlight...
View ArticleAre Expectations Alone Enough? Estimating the Effect of a Mandatory...
This paper examines the impacts of the Michigan Merit Curriculum, a statewide college preparatory curriculum that applies to the high school graduating class of 2008 and later. We use a student,...
View ArticleRecursive Contracts and Endogenously Incomplete Markets -- by Mikhail...
In this chapter we study dynamic incentive models in which risk sharing is endogenously limited by the presence of informational or enforcement frictions. We comprehensively overview one of the most...
View ArticleESMA Announces Two New Vacancies
ESMA is recruiting a Data Manager in the Risk Analysis and Economics Department, and an SNE for IT delegated projects. read more...
View ArticleEBS Market Moves Towards Real-Time FX Market Data
EBS BrokerTec, ICAP's market-leading electronic foreign exchange (FX) and fixed income business, announces today that it is redesigning its premium FX market data service, EBS Live, and will move to...
View ArticleCME Group Announces Launch Of CME Bloomberg Dollar Spot Index Futures
CME Group, the world's leading and most diverse derivatives marketplace, today announced the launch of CME Bloomberg Dollar Spot Index futures. The futures contract will be available for trading on the...
View ArticleIntercontinental Exchange Sets Date For 2016 Annual Meeting Of Stockholders
Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges, clearing houses and data services, will hold its 2016 Annual Meeting of Stockholders on Friday, May 13, 2016 at 8:30...
View ArticleIndia Index Services & Products Limited Index Dashboard For The Month...
Summary:read more...
View ArticleChicago Business Barometer Down 8.0 Points To 47.6 In February
The Chicago Business Barometer recoiled 8.0 points to 47.6 in February following a sharp increase to 55.6 in the previous month, led by significant declines in Production and New Orders. read more...
View ArticleExegy Extends Reach Of Enterprise And Data Tone Services
Exegy Inc., a leading provider of managed services and low-latency technology for market data normalization and distribution, has announced today the availability of Edge Cache distribution appliances...
View ArticleNew OCC White Paper On Box Spreads: Exchange-Listed Options Strategies For...
A new white paper from OCC on Box Spreads is out.read more...
View Article