Corporate Liquidity, Acquisitions, and Macroeconomic Conditions -- by Isil...
Firms hold liquid assets to enhance their ability to invest efficiently when external financing costs are high, especially during poor macroeconomic conditions. Using a sample of 47,378 acquisitions...
View ArticleThe Value of Mandating Maternal Education in a Developing Country -- by...
While several studies estimate the impact of maternal education on birth weight and child mortality using quasi-experimental identification strategies in developing countries, the state of the...
View ArticleUsing Aggregated Relational Data to Feasibly Identify Network Structure...
Social network data is often prohibitively expensive to collect, limiting empirical network research. Typical economic network mapping requires (1) enumerating a census, (2) eliciting the names of all...
View ArticlePolls, the Press, and Political Participation: The Effects of Anticipated...
We exploit naturally occurring variation in the existence, closeness, and dissemination of pre-election polls to identify a causal effect of anticipated election closeness on voter turnout in Swiss...
View ArticleReducing Inequality Through Dynamic Complementarity: Evidence from Head Start...
We explore whether early childhood human-capital investments are complementary to those made later in life. Using the Panel Study of Income Dynamics, we compare the adult outcomes of cohorts who were...
View ArticleThe Digital Privacy Paradox: Small Money, Small Costs, Small Talk -- by Susan...
'Notice and Choice' has been a mainstay of policies designed to safeguard consumer privacy. This paper investigates distortions in consumer behavior when faced with notice and choice which may limit...
View ArticleHow Did China's WTO Entry Benefit U.S. Consumers? -- by Mary Amiti, Mi Dai,...
China's rapid rise in the global economy following its 2001 WTO entry has raised questions about its economic impact on the rest of the world. In this paper, we focus on the U.S. market and potential...
View ArticleMaimonides Rule Redux -- by Joshua D. Angrist, Victor Lavy, Jetson...
We use the discontinuous function of enrollment known as Maimonides Rule as an instrument for class size in large Israeli samples from 2002-2011. As in the 1991 data analyzed by Angrist and Lavy...
View ArticleCyclical Job Ladders by Firm Size and Firm Wage -- by John Haltiwanger, Henry...
We study whether workers progress up firm wage and size job ladders, and the cyclicality of this movement. Search theory predicts that workers should flow towards larger, higher paying firms. However,...
View ArticleThe Effects of Scientists and Engineers on Productivity and Earnings at the...
This paper uses linked establishment-firm-employee data to examine the relationship between the scientists and engineers proportion (SEP) of employment, and productivity and labor earnings. We show...
View ArticleEnergy Finance and Economics: Analysis and Valuation, Risk Management, and...
Energy Finance and Economics: Analysis and Valuation, Risk Management, and the Future of Energy @wiley_finance https://t.co/nGiMcf5LYY â moneyscienceâ¦
View ArticleJPMorgan's massive guide to machine learning jobs in finance
J.P. Morgan's Guide to Machine Learning / Big Data https://t.co/arLTbm98Bc â Quant News (@QuantNews_com) June 16, 2017
View ArticleOkay, WTF Is Ethereum?
Motherboard's take on #ethereum is the best I've read yet https://t.co/CSYc91U1v1 @motherboard â Jacob Bettany (@j_bettany) June 17, 2017
View Article87th Annual Report, 2016/17
Economic globalisation has contributed to a remarkable increase in living standards and rolling it back would jeopardise these achievements. Policy should focus on addressing adjustment costs. (Chapter...
View ArticlePathwise large deviations for the Rough Bergomi model. (arXiv:1706.05291v1...
We study the small-time behaviour of the rough Bergomi model, introduced by Bayer, Friz and Gatheral (2016), and prove a large deviations principle for a rescaled version of the normalised log stock...
View ArticleAccounting for debt service: the painful legacy of credit booms
When taking on new debt, borrowers commit to a pre-specified path of future debt service. This implies a predictable lag between credit booms and peaks in debt service which, in a panel of household...
View ArticleCresa on Twitter
Markets Are #Irrational | #BehavioralEconomics comic by @xkcdComic http://pic.twitter.com/gBCSgG3RtT â Cresa (@CresaResearch) June 18, 2017
View ArticleRecord levels of green energy in UK create strange new world for generators
As renewables play a greater role in the British market, they are making the price of power increasingly unstablehttps://t.co/24cEj2hVoz â moneyscienceâ¦
View Articlecarl carrie on Twitter
â https://t.co/xKuSIfP2fX â Quant Casual (@huebrent1) June 18, 2017
View ArticleQuantum Computing Is Out To Solve the Unsolvable
Quantum computing is out to solve the unsolvable https://t.co/dU5kxFgJJf via @markets â Michael Berman, PhD (@mickson) June 18, 2017
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