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Imperfect Financial Markets and Shareholder Incentives in Partial and General...

We analyze the firm-level and aggregate consequences of equity market imperfections in the form of noisy information aggregation for corporate risk-taking and investment. Market imperfections cause...

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Survey Measurement of Probabilistic Macroeconomic Expectations: Progress and...

Economists commonly suppose that persons have probabilistic expectations for uncertain events, yet empirical research measuring expectations was long rare. The inhibition against collection of...

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Handle with Care: The Local Air Pollution Costs of Coal Storage. -- by...

Burning coal is known to have environmental costs; this paper quantities the local environmental costs of transporting and storing coal at U.S. power plants for the sample period 2002-2012. We first...

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Australian Squatters, Convicts, and Capitalists: Dividing Up a Fast-Growing...

Compared with its nineteenth century competitors, Australian GDP per worker grew exceptionally fast, about twice that of the US and three times that of Britain. This paper asks whether the fast growth...

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From Extreme to Mainstream: How Social Norms Unravel -- by Leonardo Bursztyn,...

Social norms are typically thought to be persistent and long-lasting, sometimes surviving through growth, recessions, and regime changes. In some cases, however, they can quickly change. This paper...

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Status Goods: Experimental Evidence from Platinum Credit Cards -- by Leonardo...

This paper provides novel field-experimental evidence on status goods. We work with an Indonesian bank that markets platinum credit cards to high-income customers. In a first experiment, we show that...

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Is Preventive Care Worth the Cost? Evidence from Mandatory Checkups in Japan...

Using unique individual-level panel data, we investigate whether preventive medical care triggered by health checkups is worth the cost. We exploit the fact that biomarkers just below and above a...

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Gender Differences in the Benefits of an Influential Early Childhood Program...

This paper estimates gender differences in life-cycle impacts across multiple domains of an influential enriched early childhood program targeted toward disadvantaged children that was evaluated by the...

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Policy Uncertainty In Japan -- by Elif C. Arbatli, Steven J. Davis, Arata...

We develop new economic policy uncertainty (EPU) indices for Japan from January 1987 onwards building on the approach of Baker, Bloom and Davis (2016). Each index reflects the frequency of newspaper...

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Al Mawared Amman Stock Exchange Weekly Report, 22 May 2017

Jordanian stocks rise by 0.27% WoW, snapping a 6-week losing streakread more...

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Fourth Annual FTSE Russell Global Institutional Smart Beta Survey Marks Peak...

FTSE Russell, a leading global index and data provider, today confirmed a new high in global smart beta index adoption and continued strong interest in smart sustainability and multi-factor indexes...

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European Commission: Statement By Michel Barnier At The Press Conference...

Merci Louis.read more...

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MIAX Options & MIAX PEARL Holiday Schedule - Memorial Day 2017

Please be advised the MIAX Exchanges will be closed on Monday, May 29, 2017 in observance of Memorial Day.

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LedgerX Raises $11.4 Million To Establish A Regulated Bitcoin Options...

Ledger Holdings, parent company of bitcoin options exchange LedgerX, closes $ 11.4 Million in Series B financing.  Led by Miami International Holdings Inc. and Huiyin Blockchain Venture Investments,...

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Egyptian 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...

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Borsa İstanbul Announces The Constituent Changes To The BIST SME Industrial...

All changes will be applied after the close of business on Wednesday, May 31, 2017 and will be effective on Thursday, June 1, 2017.read more...

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“Tadawul” Announces Approval Of Securities Tick Size Amendment

The Saudi Stock Exchange “Tadawul” announces today the issuance of its Board resolution on 26/8/1438AH correspondent to 22/5/2017G approving the amendment of securities tick sizes.read more...

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Intercontinental Exchange Announces Results From 2017 Annual Meeting Of...

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced the results of the company’s 2017 Annual...

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London Stock Exchange Group Plc Transaction In Own Shares

London Stock Exchange Group plc (the "Company") announces that it has purchased through Barclays Capital Securities Limited, in accordance with the authority granted by shareholders at the Company's...

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TMX Group's Markets Closed Today

The Exchange's markets are closed today, May 22, 2017.

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