Curbing Shocks to Corporate Liquidity: The Role of Trade Credit -- by Niklas...
Using data on exogenous liquidity losses generated by the fraud and failure of a cash-in-transit firm, we demonstrate a causal impact on firms' trade credit usage. We find that firms manage liquidity...
View ArticleQuantitative Easing and Financial Stability -- by Michael Woodford
The massive expansion of central-bank balance sheets in response to recent crises raises important questions about the effects of such "quantitative easing" policies, both their effects on financial...
View ArticleDurability, Deadline, and Election Effects in Bargaining -- by Alp Simsek,...
We propose a tractable model of bargaining with optimism. The distinguishing feature of our model is that the bargaining power is durable and changes only due to important events such as elections....
View ArticleDoes Easing Monetary Policy Increase Financial Instability? -- by Ambrogio...
This paper develops a model featuring both a macroeconomic and a financial friction that speaks to the interaction between monetary and macro-prudential policy and to the role of U.S. monetary and...
View ArticleMultiple Equilibria in Open Economy Models with Collateral Constraints:...
This paper establishes the existence of multiple equilibria in infinite-horizon open- economy models in which the value of tradable and nontradable endowments serves as collateral. In this environment,...
View ArticleEgyptian Exchange: Trading Hours During Ramadan Holy Month
The Egyptian Exchange (EGX) decided that the trading session dates during the month of Ramadan to be as follows:read more...
View ArticleWorking Hours Of The Amman Stock Exchange And Trading Hours During The Holy...
On the occasion of the holy month of Ramadan, the ASE has decided to change the official working and trading hours during the holy month of Ramadan, the working hours will be from 09:30 to 15:30, as...
View ArticleRe-Appointments To The MAS Board Of Directors
The Monetary Authority of Singapore (MAS) announced the re-appointment of four members of the MAS Board of Directors, with effect from 1 June 2016.read more...
View ArticleSGX Launches SGX Sustainability Indices
Singapore Exchange (SGX) today announced the launch of SGX Sustainability Indices, another suite of equity indices composed of SGX-listed stocks introduced by SGX Index Edge. SGX’s partner,...
View ArticleMoscow Exchange: FX Market Risk Parameters Change
NCC Clearing Bank is changing risk parameters starting from 31 may 2016 according to the tables below.read more...
View ArticleIMD Releases Its 2016 World Competitiveness Ranking - The USA Toppled As...
The USA has surrendered its status as the world’s most competitive economy after being overtaken by China Hong Kong and Switzerland, according to the IMD World Competitiveness Center. The sheer power...
View ArticleHong Kong Bucks Trend To Become World's Most Competitive Economy
The Pearl of the Orient, China Hong Kong, is living up to its nickname and has defied a pattern of decline among Asian economies to supplant the United States of America (USA) as the world's most...
View ArticleNew Ranking Shows Eastern European Economies Closing Competitiveness Gaps
Eastern European nations are increasingly rivalling their more established Western counterparts in terms of economic competitiveness, a major new study from the IMD World Competitiveness Center has...
View ArticleAlberta Securities Commission To Enact Its New Fee Rule
The Alberta Securities Commission (ASC) announced today that it will adopt ASC Rule 13-501 Fees, pending Ministerial approval, which will replace the ASC’s current fee schedule.read more...
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Teaching and Training for Global Engineering: Perspectives on Culture and...
Provides a foundation for understanding a range of linguistic, cultural, and technological factors to effectively practice international communication in a variety of professional communication...
View ArticleThe use of the multi--cumulant tensor analysis for the algorithmic search for...
The cumulant analysis plays an important role in non Gaussian distributed data analysis. The shares' prices returns are good example of such data. The purpose of this research is to develop the...
View ArticleA Mean Field Game of Optimal Stopping. (arXiv:1605.09112v1 [math.OC])
We formulate a stochastic game of mean field type where the agents solve optimal stopping problems and interact through the proportion of players that have already stopped. Working with a continuum of...
View ArticleWhat does past correlation structure tell us about the future? An answer from...
We discovered that past changes in the market correlation structure are significantly related with future changes in the market volatility. By using correlation-based information filtering networks we...
View ArticleModelling Trading Networks and the Role of Trust. (arXiv:1605.08899v1...
We present a simple dynamical model for describing trading interactions between agents in a social network by considering only two dynamical variables, namely money and goods or services, that are...
View ArticleShenzhen Stock Exchange Market Bulletin 30 May, 2016, Issue18
Fang Xinghai, the vice chairman of the CSRC, said on 25 May that China will gradually open up commodity futures markets, starting from internationally-traded products such as crude oil, iron ore, and...
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