Does Diversity Matter for Health? Experimental Evidence from Oakland -- by...
We study the effect of diversity in the physician workforce on the demand for preventive care among African-American men. Black men have the lowest life expectancy of any major demographic group in the...
View ArticleHow Do Travel Costs Shape Collaboration? -- by Christian Catalini, Christian...
We develop a simple theoretical framework for thinking about how geographic frictions, and in particular travel costs, shape scientists' collaboration decisions and the types of projects that are...
View ArticleThe Biophysical and Economic Geographies of Global Climate Impacts on...
This paper explores the interplay between the biophysical and economic geographies of climate change impacts on agriculture. It does so by bridging the extensive literature on climate impacts on yields...
View ArticleTrust in Lending -- by Richard T. Thakor, Robert C. Merton
We develop a theory of trust in lending, distinguishing between trust and reputation, and use it to analyze the competitive interactions between banks and non-bank lenders (fintech firms). Trust...
View ArticleOnline Syndicates and Startup Investment -- by Christian Catalini, Xiang Hui
Early crowdfunding platforms were based on a premise of complete disintermediation from traditional experts. This approach becomes problematic when equity is involved because of asymmetric information...
View ArticleFirm Performance and Macro Forecast Accuracy -- by Mari Tanaka, Nicholas...
Ever since Keynes' famous quote about animal spirits, there has been an interest in linking firms' expectations and actions. However, empirical evidence has been limited due to a lack of firm-level...
View ArticleEffects of Access to Legal Same-Sex Marriage on Marriage and Health: Evidence...
We exploit variation in access to legal same-sex marriage (SSM) across states and time to provide novel evidence of its effects on marriage and health using data from the CDC BRFSS from 2000-2016, a...
View ArticleWeekly Top 5 Papers – July 9, 2018
1. Pulling the Goalie: Hockey and Investment Implications by Clifford S. Asness (AQR Capital Management) and Aaron Brown (LLC New York University (NYU) â Courant Institute of Mathematical...
View ArticleWorld's Largest Bank Eyes Faster Asset Exchange With Blockchain
ICBC, one of China's "Big Four" state-owned commercial banks, is seeking to patent a blockchain system to better execute financial asset transactions.
View ArticleBlock.One Is Taking a Bigger Role With EOS (And That's a Big Deal)
When the company that created EOS starts voting for validators, there will be little chance of winning a spot without earning its support.
View ArticleSET Market Report For June 2018
The Stock Exchange of Thailand (SET) Index at the end of June decreased nine percent from end-2017 and 7.6 percent from the previous month to 1,595.58 points, resulting in lower Forward P/E ratio at...
View ArticleHKEX, HKVCA And RISE Co-Host Event On Tech Innovation and Investing
Hong Kong Exchanges and Clearing Limited (HKEX), the Hong Kong Venture Capital and Private Equity Association (HKVCA) and Web Summit (RISE), today jointly hosted a conference in Hong Kong titled...
View ArticleShareholder Engagement Is Increasing Via Technology, Broadridge Hosts Its...
Virtual Shareholder Meeting (VSM) adoption is up sharply through the first six months of 2018 according to Broadridge Financial Solutions, Inc. (NYSE:BR), a global fintech leader and new addition to...
View ArticleBME: EXCEM SOCIMI Receives Favourable Report From MAB
The Coordination and Admissions Committee of the MAB market has submitted to the Board of Directors a favourable report on EXCEM CAPITAL PARTNERS SOCIEDAD DE INVERSION RESIDENCIAL, SOCIMI,stating that...
View ArticleThresholded ConvNet Ensembles: Neural Networks for Technical Forecasting....
Much of modern practice in financial forecasting relies on technicals, an umbrella term for several heuristics applying visual pattern recognition to price charts. Despite its ubiquity in financial...
View ArticleEmergence of frustration signals systemic risk. (arXiv:1807.02923v1...
We show that the emergence of systemic risk in complex systems can be understood from the evolution of functional networks representing interactions inferred from fluctuation correlations between...
View ArticleFinancial Trading as a Game: A Deep Reinforcement Learning Approach....
An automatic program that generates constant profit from the financial market is lucrative for every market practitioner. Recent advance in deep reinforcement learning provides a framework toward...
View ArticleCapital Regulation under Price Impacts and Dynamic Financial Contagion....
We construct a continuous time model for price-mediated contagion precipitated by a common exogenous stress to the trading book of all firms in the financial system. In this setting, firms are...
View ArticleBitGo Adds 57 Ethereum Tokens In Largest-Ever Custody Service Expansion
Bitcoin veterans are jumping into the token economy with new licenses and custody options.
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