Dynamic Effects of Teacher Turnover on the Quality of Instruction -- by Eric...
It is widely believed that teacher turnover adversely affects the quality of instruction in urban schools serving predominantly disadvantaged children, and a growing body of research investigates...
View ArticleTobacco Regulation and Cost-Benefit Analysis: How Should We Value Foregone...
Recent tobacco regulations proposed by the Food and Drug Administration have raised a thorny question: how should the cost-benefit analysis accompanying such policies value foregone consumer surplus...
View ArticleCognitive Performance and Labor Market Outcomes -- by Dajun Lin, Randall...
We use information from the National Longitudinal Survey of Youth 1979 (NLSY79) and supplementary data sources to examine how cognitive performance, measured at approximately the end of secondary...
View ArticleDoes "Ban the Box" Help or Hurt Low-Skilled Workers? Statistical...
Jurisdictions across the United States have adopted "ban the box" (BTB) policies preventing employers from conducting criminal background checks until late in the job application process. Their goal is...
View ArticleExternal and Internal Validity of a Geographic Quasi-Experiment Embedded in...
This paper analyzes a geographic quasi-experiment embedded in a cluster-randomized experiment in Honduras. In the experiment, average treatment effects on school enrollment and child labor were...
View ArticleBuffering Volatility: A Study on the Limits of Germany's Energy Revolution --...
Based on German hourly feed-in and consumption data for electric power, this paper studies the storage and buffering needs resulting from the volatility of wind and solar energy. It shows that joint...
View ArticleThe Holders and Issuers of International Portfolio Securities -- by Vahagn...
Research on the geographical distribution of international portfolios has mainly focused on data aggregated to the country level. We exploit newly-available data that disaggregates the holders and...
View ArticleThe Scandinavian Fantasy: The Sources of Intergenerational Mobility in...
This paper examines the sources of differences in social mobility between the U.S. and Denmark. Measured by income mobility, Denmark is a more mobile society, but not when measured by educational...
View ArticleDoes Disease Cause Vaccination? Disease Outbreaks and Vaccination Response --...
Childhood vaccinations are an important input to disease prevention, but vaccination rates have declined over the last decade due largely to parental fears about vaccine dangers. Education campaigns on...
View ArticleBanking the Unbanked? Evidence From Three Countries -- by Pascaline Dupas,...
We experimentally test the impact of expanding access to basic bank accounts in Uganda, Malawi, and Chile. Over two years, 17%, 10%, and 3% of treatment individuals made five or more deposits,...
View ArticlePopular Acceptance of Inequality due to Brute Luck and Support for Classical...
U.S. survey respondents' views on distributive justice are shown to differ in two specific, related ways from what is conventionally assumed in modern optimal tax research. A large share of...
View ArticleTaking Orders and Taking Notes: Dealer Information Sharing in Treasury...
The use of order flow information by financial firms has come to the forefront of the regulatory debate. A central question is: Should a dealer who acquires information by taking client orders be...
View ArticleIndustry Veteran Lisa Pollina Joins DTCC Board Of Directors
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that Lisa A. Pollina, former Vice...
View ArticleOneChicago Announces Trading Volume For July 2016
OneChicago, LLC (OCX), a securities finance exchange, today announced its July 2016 volume of 853,607, a decrease of 27% year-over-year. OneChicago is a CFTC and SEC regulated exchange offering Single...
View ArticleFederal Reserve Board Invites Comment On Interim Final Rule Adjusting The...
The Federal Reserve Board on Monday invited comment on an interim final rule adjusting the Board's maximum civil money penalties, as required by law.read more...
View ArticleRemarks Before The Quadrilateral Meeting Of The FMLC/FMLG/FLB/EFMLG, SEC...
Thank you, Michael [Nelson], for that kind introduction and for inviting me to speak at this auspicious meeting.[1] And, thank you, Lord Walker, for your warm welcome this morning. I am pleased to...
View ArticleUS Treasury Announces Marketable Borrowing Estimates
View the Sources and Uses Table here The U.S. Department of the Treasury today announced its current estimates of net marketable borrowing for the July – September 2016 and October – December 2016...
View ArticleStatement By Assistant Secretary For Economic Policy Karen Dynan For The US...
Real GDP growth picked up in the second quarter of 2016 to an annual rate of 1.2 percent, as strong consumer spending was somewhat offset by continued inventory adjustment. Favorable domestic...
View ArticleFederal Court Orders California Resident Ghassan Tawachi and His Firm,...
The U.S. Commodity Futures Trading Commission (CFTC) obtained a federal court Consent Order against Defendants Ghassan Tawachi of Irvine, California, and his firm, Intelligent Trades, LLC, a Florida...
View ArticleFederal Court Orders California Resident Ghassan Tawachi And His Firm,...
The U.S. Commodity Futures Trading Commission (CFTC) obtained a federal court Consent Order for Permanent Injunction against Defendants Ghassan Tawachi of Irvine, California, and his firm, Intelligent...
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