Do Black Politicians Matter? -- by Trevon D. Logan
This paper exploits the history of Reconstruction after the American Civil War to estimate the causal effect of politician race on public finance. I overcome the endogeneity between electoral...
View ArticleWhat Can UWE Do for Economics? -- by Tatyana Avilova, Claudia Goldin
Men outnumber women as undergraduate economics majors by three to one nationwide. Even at the best research universities and liberal arts colleges men outnumber women by two to one or more. The...
View ArticleDeaths of Despair or Drug Problems? -- by Christopher J. Ruhm
The United States is in the midst of a fatal drug epidemic. This study uses data from the Multiple Cause of Death Files to examine the extent to which increases in county-level drug mortality rates...
View ArticleDistrust and Political Turnover -- by Nathan Nunn, Nancy Qian, Jaya Wen
We present findings that document one way in which a society's culture can affect political outcomes. Examining an annual panel of democratic countries over six decades, we show that severe economic...
View ArticleOn the Measurement of Upstreamness and Downstreamness in Global Value Chains...
This paper offers four contributions to the empirical literature on global value chains (GVCs). First, we provide a succinct overview of several measures developed to capture the upstreamness or...
View ArticleQuality of Public Governance and the Capital Structure of Nations and Firms...
This paper examines the role of public governance quality in determining the composition of a country's external liabilities and the capital structure of firms. In our theory, better institutional...
View ArticleSubways and Urban Air Pollution -- by Nicolas Gendron-Carrier, Marco...
We investigate the relationship between the opening of a city's subway network and its air quality. We find that particulate concentrations drop by 4% in a 10km radius disk surrounding a city center...
View ArticleThe Fragility of Market Risk Insurance -- by Ralph Koijen, Motohiro Yogo
Insurers sell retail financial products called variable annuities that package mutual funds with minimum return guarantees over long horizons. Variable annuities accounted for $1.5 trillion or 34...
View ArticleBank of Israel: Digital Currencies Are an Asset Not a Currency
The deputy governor of Israel's central bank has said that digital currencies like bitcoin are more of a financial asset than a currency.
View ArticleTD Ameritrade: Bitcoin 'Great Opportunity' to Get Millennials Trading
Investment services firm TD Ameritrade sees cryptocurrencies as the "greatest opportunity" to get millennials to trade, says its chief strategist.
View ArticleBelow $15K: Bitcoin Plays Defense Amid Bear Move
Bitcoin is on the back foot today, despite yesterday's sharp recovery from $14,000 levels.
View ArticleEthereum Price Highs Overshadow New Wave of Tech Issues
With ether price reaching all-time-highs, fundamental issues that relate to the most basic operation of ethereum's blockchain are popping up.
View ArticleUK Financial Reporting Council Stakeholder Survey
In 2017 the Financial Reporting Council (FRC) commissioned ComRes to undertake a survey of stakeholder views on all aspects of its work, including corporate governance and reporting as well as its...
View ArticleDTCC Exception Manager Launched To Publish, Manage And Communicate Exceptions...
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced the launch of DTCC Exception Manager,...
View ArticleACER: Consultation On The Cross-Zonal Gate Opening And Gate Closure Times For...
Since the end of October 2017 the Agency is competent to decide on the proposal for cross-zonal gate opening and gate closure times for intraday coupling developed by all Transmission System Operators...
View ArticlePurdue University/CME Group Ag Economy Barometer: Weak Future Outlook Drives...
Agricultural producers indicated they have reduced optimism heading into 2018, according to the December reading of the Purdue University/CME Group Ag Economy Barometer.read more...
View ArticleCFTC Approves Amendments to Commission Regulations under Parts 3 and 9
The Commodity Futures Trading Commission (CFTC) today unanimously approved final rules that update Parts 3 and 9 to integrate existing advisory guidance, incorporate swap execution facilities (SEFs),...
View Article$35 Million: Smart Contracts Platform Mobius Completes ICO Presale
Smart contracts provider Mobius has successfully raised $35 million in a token presale based on the Stellar network.
View ArticleJamie Dimon Says He Regrets Calling Bitcoin a Fraud
JPMorgan Chase chief executive Jamie Dimon now reportedly regrets calling bitcoin a "fraud,"Â though he is still not a fan of the cryptocurrency.
View ArticleEther Bucks Bearish Trend to Hold Above $1,200
The price of ether, the native token of the ethereum platform, is bucking the downtrend seen across the top 10 cryptocurrencies.
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