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World Federation Of Exchanges Publishes H1 2016 Market Highlights

The World Federation of Exchanges (“WFE”), which represents more than 200 market infrastructure providers including exchanges and CCPs, today published its H1 2016 Market Highlights. read more...

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ESMA Issues Warning On Sale Of Speculative Products To Retail Investors

The European Securities and Markets Authority (ESMA) has today issued a warning about the sale of contracts for differences (CFDs), binary options and other speculative products to retail investors who...

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SGX Electricity Market Report

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SGX: Five Industrial REITs Report June Quarter Earnings

Over the last two weeks, five Industrial REITs –  Ascendas Real Estate Investment Trust, Cache Logistics Trust, Cambridge Industrial Trust, Sabana Shar’iah Compliant Industrial REIT, and Soilbuild...

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Dubai Financial Market Company Posts Net Profit Of AED 139.6 Million During...

His Excellency Essa Kazim:read more...

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Bridging the Gap: Do Fast Reacting Fossil Technologies Facilitate Renewable...

The diffusion of renewable energy in the power system implies high supply variability. Lacking economically viable storage options, renewable energy integration has so far been possible thanks to the...

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Education, Participation, and the Revival of U.S. Economic Growth -- by Dale...

Labor quality growth captures the upgrading of the labor force through higher educational attainment and greater experience. Our first finding is that average levels of educational attainment of new...

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The Effect of Population Aging on Economic Growth, the Labor Force and...

Population aging is widely assumed to have detrimental effects on economic growth yet there is little empirical evidence about the magnitude of its effects. This paper starts from the observation that...

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Heterogeneity and Unemployment Dynamics -- by Hie Joo Ahn, James D. Hamilton

This paper develops new estimates of flows into and out of unemployment that allow for unobserved heterogeneity across workers as well as direct effects of unemployment duration on unemployment-exit...

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New Evidence on Trust and Well-being -- by John F. Helliwell, Haifang Huang,...

This paper first uses data from three large international surveys - the Gallup World Poll, the World Values Survey and the European Social Survey - to estimate income-equivalent values for social...

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External Validity in a Stochastic World -- by Mark Rosenzweig, Christopher Udry

We examine the generalizability of internally valid estimates of causal effects in a fixed population over time when that population is subject to aggregate shocks. This temporal external validity is...

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SEC: LAN Airlines Settles FCPA Charges

The Securities and Exchange Commission today announced that South American-based LAN Airlines has agreed to pay more than $22 million to settle parallel civil and criminal cases related to improper...

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Weekly Announcements â July 25, 2016

University of British Columbia Joins Law Research Centers Papersread more...

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Hong Kong's Securities And Futures Commission Commences MMT Proceedings...

The Securities and Futures Commission (SFC) has commenced proceedings in the Market Misconduct Tribunal (MMT) against Mr Cheng Chak Ngok, former executive director, chief financial officer and company...

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Bermuda Stock Exchange Will Be Closed For Bermuda âCup Matchâ...

The Bermuda Stock Exchange (“BSX”) advises that the BSX will be closed on Thursday 28 and Friday 29 July 2016, for the Emancipation Day and Somers Day (collectively known as “Cup Match”) public...

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CalPERS Launches Search For New Chief Actuary

The California Public Employees' Retirement System (CalPERS) has begun its search for a new Chief Actuary to lead its Actuarial Office and provide independent counsel to CalPERS leadership and Board on...

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US Department Of Justice: LATAM Airlines Group Resolves Foreign Corrupt...

LATAM Airlines Group S.A. (LATAM), a commercial airline company based in Chile, has agreed to pay a $12.75 million criminal penalty in connection with a scheme to pay bribes to Argentine union...

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The fallacy of evidence based policy. (arXiv:1607.07398v1 [q-fin.EC])

The use of science for policy is at the core of a perfect storm generated by the insurgence of several concurrent crises: of science, of trust, of sustainability. The modern positivistic model of...

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On the support of extremal martingale measures with given marginals: the...

We investigate the supports of extremal martingale measures with pre-specified marginals in a two-period setting. First, we establish in full generality the equivalence between the extremality of a...

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Model-Independent Price Bounds for Catastrophic Mortality Bonds....

In this paper, we are concerned with the valuation of Catastrophic Mortality Bonds and, in particular, we examine the case of the Swiss Re Mortality Bond 2003 as a primary example of this class of...

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