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When Do Others Help Us Make Better Decisions, and When Does the Influence of...

Jonah Berger of Wharton has written a new book titled, Invisible Influence: The Hidden Forces that Shape Behavior.   He was recently interviewed for an article on the Knowledge@Wharton website.   In...

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Systemic Risk and Stochastic Games with Delay. (arXiv:1607.06373v1 [q-fin.MF])

We propose a model of inter-bank lending and borrowing which takes into account clearing debt obligations. The evolution of log-monetary reserves of $N$ banks is described by coupled diffusions driven...

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Effects of Sea Level Rise on Economy of the United States....

We report the first ex post study of the economic impact of sea level rise. We apply two econometric approaches to estimate the past effects of sea level rise on the economy of the USA, viz. Barro type...

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Indirect Inference With(Out) Constraints. (arXiv:1607.06163v1 [math.ST])

The traditional implementation of Indirect Inference (I-I) is to perform inference on structural parameters $\theta$ by matching observed and simulated auxiliary statistics. These auxiliary statistics...

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Dimension Reduction in Statistical Estimation of Partially Observed...

We consider partially observed multiscale diffusion models that are specified up to an unknown vector parameter. We establish for a very general class of test functions that the filter of the original...

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MNI China Business Sentiment Indicator: Chinese Business Sentiment Improves...

Sentiment among executives at China’s largest companies picked up in July as gains in new orders, output and credit availability drove confidence higher, according to the latest edition of the MNI...

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Dalian Commodity Exchange: Domestic, Foreign Experts Explain Growing...

The first half of this year saw the domestic commodity market “set the record” of extensive increases. The causes and sustainability for this round of rebounds in the agricultural products drew the...

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United Kingdom Parliament Treasury Committee Update: Committee Endorses...

The Treasury Committee publishes its report 'Appointment of Andrew Bailey as Chief Executive of the Financial Conduct Authority'. The Committee endorses the appointment.read more...

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The Colibri Group Announces Investment In Securities Training Corporation

The Colibri Group (“Colibri”), a leading provider of learning solutions to licensed professionals within the real estate, healthcare and personal care markets, is pleased to announce it has closed on...

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Anna Kuznetsova And Igor Marich Elected To The Moscow Exchange Executive Board

On Thursday 21 July 2016, the Moscow Exchange (ticker MOEX) Supervisory Board appointed Anna Kuznetsova, Managing Director of MOEX"s Equity & Bond Market and Igor Marich, Managing Director of...

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Moscow Exchange Shareholders To Vote On Consolidation Of Subsidiaries At EGM...

At its meeting on 21 July 2016, Moscow Exchange"s Supervisory Board resoIved to call an Extraordinary General Meeting of Shareholders (EGM) to address the question of corporate restructuring of PJSC...

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Tokyo Commodity Exchange's Physical Market For Gold Launched Today

The Tokyo Commodity Exchange, Inc. (TOCOM) announced today that the launch of a new physical market for gold, “Gold Physical Transaction”. The number of executed transactions for the first trading day...

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Bursa Malaysia Registers Profit After Tax And Minority Interest Of Rm99.4...

Key Financial & Market Highlights read more...

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ESMA Publishes Updated Q&A On CFDs And Other Speculative Products

The European Securities and Markets Authority (ESMA) has published today an updated version of its question and answer document (Q&A) on the application of the Markets in Financial Instruments...

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Disruptive Technology Comes To UK Share Trading With First Commission Free...

Freetrade has announced today that it will be launching its disruptive new platform for trading stocks and shares, which brings proven commission-free trading technology and fractional share dealing to...

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HKEX Successfully Launches Closing Auction Session For Its Securities Market

Hong Kong Exchanges and Clearing Limited (HKEX) today (Monday) successfully introduced its Closing Auction Session (CAS) for securities after extensive preparations and testing conducted in conjunction...

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FSB Round Table On Compensation Tools To Address Misconduct In Banks

This note provides a summary of discussion at a round table hosted by the FSB in May 2016 to share experiences and lessons on the use of compensation tools to address misconduct in banks. The round...

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Quayle Munro Advises Greentech Media On Its Sale To Verisk Analytics

Quayle Munro is pleased to announce that it has advised the shareholders of Greentech Media, Inc. (“Greentech Media”), on its sale to Verisk Analytics, Inc. (Nasdaq:VRSK; “Verisk Analytics”). Greentech...

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Customer Manager - FICO System Will Now Be Rolled Out Across Entire Portfolio...

Analytics software firm FICO announced that Crédit Agricole Consumer Finance (CA CF), a leading player in consumer credit in Europe, has seen excellent results using FICO technology to manage customer...

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Third FSB Annual Report

This third annual report provides an update on the activities of the FSB and its annual accounts for the financial year April 2015-March 2016. During the course of the year the FSB has agreed the final...

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