Ontario Securities Commission Appoints Tim Moseley As Vice-Chair
Ontario Securities Commission (OSC) Chair Maureen Jensen today announced the appointment of Tim Moseley as a Vice-Chair of the OSC, effective November 29, 2017 for a two year term. Prior to his...
View ArticleInvest in Bitcoin 'At Your Own Risk,' Warns French Central Bank
The governor of the Bank of France has warned on the risks of investing in bitcoin, calling the cryptocurrency "speculative."
View ArticlePaying Rent With Crypto? App for Tenants Adds BTC, LTC, ETH
Digital rent processor ManageGo will instantly convert the digital currencies into dollars before sending it on to landlords.
View ArticleThere's More Than One Way to Be Bitcoin Rich
Missed out on the bitcoin bubble? You might have gotten rich (in spirit) along the way.
View ArticleCoinbase Taps Former TD Ameritrade Exec for COO Role
Cryptocurrency startup Coinbase has hired a former executive for TD Ameritrade to serve as its new president and chief operating officer (COO).
View Article'Microraiden' Payment Channels Go Live on Ethereum Network
A streamlined version of the Raiden payments channel network has been launched on the main ethereum blockchain.
View ArticleCFTC Swaps Report Update **Revised**
CFTC's Weekly Swaps Report has been **REVISED**, and is now available.read more...
View ArticleThe Financial Services Community Came Together At IMTC World 2017 - After 4...
Once again, IMTC (International Money Transfer & Cross-Border Payment Conferences) brought together the industry, at the largest X-border financial services conference in the world, IMTC WORLD...
View ArticleCFTC Commitments Of Traders Reports Update
The current reports for the week of  November 28, 2017 are now available.
View ArticleReport: Tezos Founders Ask Foundation to Help Pay Legal Bills in ICO Suits
The Tezos project founders reportedly asked their foundation to pay for their legal bills after being sued multiple times. The foundation said no.
View ArticleShrinking the Cross Section -- by Serhiy Kozak, Stefan Nagel, Shrihari Santosh
We construct a robust stochastic discount factor (SDF) that summarizes the joint explanatory power of a large number of cross-sectional stock return predictors. Our method achieves robust out-of-sample...
View ArticleWages and Employment: The Canonical Model Revisited -- by Audra Bowlus, Eda...
The basic canonical model fails to predict the aggregate college premium outside of the original sample period (1963-1987) or to account for the observed deviations in college premia for younger vs....
View ArticleA New Index of Debt Sustainability -- by Olivier J. Blanchard, Mitali Das
Debt sustainability is fundamentally a probabilistic concept: Debt is rarely sustainable with probability one. We propose an index of external debt sustainability that reflects this uncertainty. Namely...
View ArticleNew Evidence of Generational Progress for Mexican Americans -- by Brian...
U.S.-born Mexican Americans suffer a large schooling deficit relative to other Americans, and standard data sources suggest that this deficit does not shrink between the 2nd and later generations....
View ArticleThe Long-run Effects of Agricultural Productivity on Conflict, 1400-1900 --...
This paper provides evidence of the long-run effects of a permanent increase in agricultural productivity on conflict. We construct a newly digitized and geo-referenced dataset of battles in Europe,...
View ArticleLeaving Money on the Table? Suboptimal Enrollment in the New Social Pension...
China's recently implemented New Rural Pension Scheme (NRPS), the largest social pension program in the world, was designed to provide financial protection for its rural population and reduce economic...
View ArticleCredit Default Swaps, Agency Problems, and Management Incentives -- by...
We show in a theoretical model that credit default swaps induce managerial agency problems through two channels: reducing the opportunity for managers to transfer value to equityholders from creditors...
View ArticleEnvironmental, Social, and Governance Criteria: Why Investors are Paying...
We find that money managers could reduce portfolio risk by incorporating Environmental, Social, and Governance (ESG) criteria into their investment process. ESG-related issues can cause sudden...
View ArticleWho Becomes an Inventor in America? The Importance of Exposure to Innovation...
We characterize the factors that determine who becomes an inventor in America by using de-identified data on 1.2 million inventors from patent records linked to tax records. We establish three sets of...
View ArticleAssisted Dying for the Rest of Us
The baby boomers have changed our society as their demographic wave has washed over one institution and norm after another. Split sessions for public schools, a new level of competition for elite...
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