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Covering Trump the Reuters Way

Covering Trump the Reuters Way https://t.co/cDGENvAMuR via @Reuters — Banker's Umbrella (@BankersUmbrella) February 2, 2017

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Record statistics of a strongly correlated time series: random walks and...

We review recent advances on the record statistics of strongly correlated time series, whose entries denote the positions of a random walk or a L\'evy flight on a line. After a brief survey of the...

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Valuation Handbook: Industry Cost of Capital 2015 Supplement (data through...

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Redacted Version of the February 2017 FOMC Statement

Photo Credit: eflon || Ask to visit the Medieval dining hall!  Really!read more...

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ASU Professor Debunks Stock-Market Myth | KJZZ

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ASU Professor Debunks Stock-Market Myth | KJZZ

ASU Professor Debunks Stock-Market Myth | KJZZ: "The so-called “Weekend Effect” refers to the tendency of stock returns to be significantly lower on Mondays than the preceding Fridays. Some...

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5 Stick Figures That Know The Way You Write

Do these scenarios look familiar to you? Depending on where you are in writing your latest paper, you’ve probably experienced each of these feelings at least once. Your mood, your stage in the...

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Revisiting the commodity curse: a financial perspective

We study the response of a three-sector commodity-exporter small open economy to a commodity price boom. When the economy has access to international borrowing and lending, a temporary commodity price...

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Valuation Handbook: Industry Cost of Capital 2015 Update (data through...

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How to be a Nurse or Midwife Leader

How to be a Nurse or Midwife Leader is an indispensable guide for all nurses and midwives who wish to develop and improve their practice as leaders. Written in collaboration with the NHS Leadership...

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Problems and Solutions in Mathematical Finance: Equity Derivatives, Volume 2

Problems and Solutions in Mathematical Finance Volume IIis an innovative reference for quantitative practitioners and students, providing guidance through a range of mathematical problems encountered...

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Living Mindfully: Discovering Authenticity through Mindfulness Coaching

Written by a practitioner with over 25 years of experience, Living Mindfully shows how mindfulness can be integrated with coaching in order to enhance motivation and achieve an authentic life.read more...

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Social Ties and Favoritism in Chinese Science -- by Raymond Fisman, Jing Shi,...

We study favoritism via hometown ties, a common source of favor exchange in China, in fellow selection of the Chinese Academies of Sciences and Engineering. Hometown ties to fellow selection committee...

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Capital Misallocation: Frictions or Distortions? -- by Joel M. David, Venky...

We study a model of investment in which both technological and informational frictions as well as institutional/policy distortions lead to capital misallocation, i.e., static marginal products are not...

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Land Misallocation and Productivity -- by Diego Restuccia, Raul...

Using detailed household-level data from Malawi on physical quantities of outputs and inputs in agricultural production, we measure total factor productivity (TFP) for farms controlling for land...

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Rents, Technical Change, and Risk Premia: Accounting for Secular Trends in...

The secular decline in safe interest rates since the early 1980s has been the subject of considerable attention. In this short paper, we argue that it is important to consider the evolution of safe...

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Re-examining the Middle-Income Trap Hypothesis (MITH): What to Reject and...

Do middle-income countries face difficult challenges producing consistent growth? Using transition matrix analysis, we can easily reject any unconditional notion of a "middle-income trap" in the data....

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Immigration Restrictions as Active Labor Market Policy: Evidence from the...

An important class of active labor market policy has received little rigorous impact evaluation: immigration barriers intended to improve the terms of employment for domestic workers by deliberately...

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On the Global Financial Market Integration "Swoosh" and the...

We propose a simple measure of de facto financial market integration based on a factor model of monthly equity returns, which can be computed back to the first era of financial globalization for 17...

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When No Bad Deed Goes Punished: Relational Contracting in Ghana versus the UK...

In relational contracting the threat of punishment in future periods provides an incentive not to cheat. But to what extent do people actually carry out this punishment? We compare relational...

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