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Engineering Informal Institutions: Long-run Impacts of Alternative Dispute...

Informal institutions govern property rights and disputes when formal systems are weak. Well-functioning institutions should help people reach and maintain bargains, minimizing violence. Can outside...

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Coordinating Separate Markets for Externalities -- by Jose-Miguel Abito,...

We show that inefficiencies from having separate markets to correct an environmental externality are significantly mitigated when firms participate in an integrated product market. Firms take into...

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Ambulance Utilization in New York City after the Implementation of the...

Expanding insurance coverage could, by insulating patients from having to pay full cost, encourage the utilization of arguably unnecessary medical services. It could also eliminate (or at least...

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Beauty, Job Tasks, and Wages: A New Conclusion about Employer Taste-Based...

We use novel data from the Berea Panel Study to reexamine the labor market mechanisms generating the beauty wage premium. We find that the beauty premium varies widely across jobs with different task...

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Firm Sorting and Agglomeration -- by Cecile Gaubert

The distribution of firms in space is far from uniform. Some locations host the most productive large firms, while others barely attract any. In this paper, I study the sorting of heterogeneous firms...

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On Heckits, LATE, and Numerical Equivalence -- by Patrick M. Kline,...

Structural econometric methods are often criticized for being sensitive to functional form assumptions. We study parametric estimators of the local average treatment effect (LATE) derived from a widely...

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Sell Low and Buy High: Arbitrage and Local Price Effects in Kenyan Markets --...

Large and regular seasonal price fluctuations in local grain markets appear to offer African farmers substantial inter-temporal arbitrage opportunities, but these opportunities remain largely...

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Nasdaq March 2018 Volumes, 1Q18 Estimated Revenue Capture And Listings...

Nasdaq (Nasdaq:NDAQ) today reported monthly volumes for March 2018, as well as quarterly volumes, number of listings and estimated revenue capture for the quarter ending March 31, 2018 on its investor...

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Coinbase Hires Facebook, Twitter Vet As Communications VP

The cryptocurrency exchange's hiring spree continues with the naming of a new vice president of communications.

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Crypto Exchange Gemini to Roll Out Bitcoin and Ether Block Trading

The exchange's new feature will allow institutional investors to place large trades without driving prices up or down.

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'Bitcoin Day' Proves Argentina's Crypto Love Is Alive and Well

Argentina saw one of its largest-ever bitcoin events last week, one that showcased how it's still a regional leader in promoting the technology.

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ICE CEO Won't 'Rule Out' Crypto Futures Launch

Intercontinental Exchange CEO Jeffrey Sprecher said cryptocurrency futures contracts may be offered in the future.

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HKEX Marks Fifth Anniversary Of After-Hours Derivatives Trading

The After-hours Trading Session (T+1 Session), an additional derivatives trading session introduced by Hong Kong Exchanges and Clearing Limited (HKEX) in April 2013, has proved to be effective and...

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Moscow Exchange: Risk Parameters Change On Securities Market

CCP NCC is changing IM rates on Securities market starting from April 10, 2018 for the following shares:read more...

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Senior Business Leaders And Government Officials To Speak At Moscow Exchange...

Senior leaders of the Russian Federation and chief executives of some of the country’s largest companies will speak today at the Moscow Exchange Forum, the flagship Russian capital markets event.read...

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Baymarkets Separates Its Business Into Two Standalone Companies

Baymarkets Technology AB (Baymarkets), a leading Nordic provider of FinTech solutions, announced today that it has separated its current business into two independent companies, Reg&Tech Solutions...

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3.5 Million Traders: Japan Releases Domestic Cryptocurrency Statistics

Japan's Financial Services Agency has published domestic cryptocurrency trading statistics for the first time.

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Ho Chi Minh City Securities Has Gone Live With Horizon For Warrants, Futures,...

Horizon Software (Horizon) the leading global provider of electronic trading and investment management technology, today announced its partnership with Ho Chi Minh City Securities Corporation (HSC), a...

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HKEX Welcomes Its First ETF On Chinese Internet Companies

Hong Kong Exchanges and Clearing Limited (HKEX) on Tuesday welcomed the listing of the CICC KraneShares CSI China Internet Index ETF, the first Hong Kong-listed Exchange Traded Fund, or ETF, focused on...

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J.P. Morgan Invests In AccessFintech, Commencing Series A Funding -...

AccessFintech, the financial technology firm led by industry entrepreneurs Roy Saadon and Steve Fazio, announced today that JPMorgan Chase & Co. (J.P. Morgan) has become an investor in its series A...

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