Unconventional Fiscal Policy -- by Francesco D'Acunto, Daniel Hoang, Michael...
Unconventional fiscal policy uses announcements of future increases in consumption taxes to generate inflation expectations and accelerate consumption expenditure. It is budget neutral and time...
View ArticlePrediction, Judgment and Complexity -- by Ajay K. Agrawal, Joshua S. Gans,...
We interpret recent developments in the field of artificial intelligence (AI) as improvements in prediction technology. In this paper, we explore the consequences of improved prediction in...
View ArticleMarket Structure in Bitcoin Mining -- by June Ma, Joshua S. Gans, Rabee Tourky
We analyze the Bitcoin protocol for electronic peer-to-peer payments and the operations that support the "blockchain" that underpins it. It is shown that that protocol maps formally into a dynamic game...
View ArticleFinancial Constraints, Institutions, and Foreign Ownership -- by Ron Alquist,...
This paper examines how external finance dependence, financial development, and institutions influence brownfield foreign direct investment (FDI). We develop a model of cross-border acquisitions in...
View ArticleHigh-Priced Drugs in Medicare Part D: Diagnosis and Potential Prescription --...
Drug pricing in the U.S. is a persistently vexing policy problem. While there is agreement among many policy analysts that supra competitive prices are necessary to promote innovation; significant...
View ArticleIOHK | Symphony of the BlockchainIOHK | Symphony of the Blockchain
The Symphony of Blockchain is an interactive, visual and auditory exploration of Bitcoin, cryptocurrency and the blockchain. It is an ongoing research initiative with a singular aim: to help bring...
View ArticleWeekly Top 5 Papers â January 29, 2018
1. Do Alpha Males Deliver Alpha? Testosterone and Hedge Funds by Yan Lu (University of Central Florida-Department of Finance) and Melvyn Teo (Singapore Management University – Lee Kong Chian School...
View ArticleSan Francisco Blockchain Startups Partner on Decentralized Insurance
Two San Francisco blockchain startups are teaming up, including one that is aiming to create a kind of decentralized Airbnb.
View ArticleA Little Lightning Project Has Two Big Implications for Bitcoin's Tech
A small Japanese startup is paving the way in ideating how bitcoin's experimental Lightning network could take shape on two fronts.
View ArticleTexas Halts Crypto Banking Operation over Regulatory Violations
A Texas financial regulator has issued a cease-and-desist order, this time to decentralized banking platform AriseBank.
View ArticleCoincheck Must Report on Security Failures, Says Finance Watchdog
Following last week's huge hack, Japan's Financial Services Agency has said Coincheck must report on the issues and its plan for improvements.
View ArticleBitcoin Price Looking Heavy As News Turns Negative
Bitcoin's possible upside appears capped by a recent run of negative news, most notably a major Japanese exchange hack.
View ArticleJapanese Electronics Retail Giant Launches Bitcoin Payments
Major Japanese electronics retailer Yamada Denki is partnering with the BitFlyer exchange to trial bitcoin payment in two of its stores.
View Article12 Solactive Benchmarks Used As The Basis For 12 New ETFs Issued By Mackenzie...
Mackenzie Investments, a leading investment management firm headquartered in Toronto, announced the launch of 12 ETFs this week, all of which will be tracking Solactive benchmark indices. These indices...
View ArticleUK's Financial Conduct Authority Warns Of Increased Risk Of Online Investment...
The Financial Conduct Authority (FCA) is today urging the public to be vigilant to the threat of online investment fraud. Fraudsters offering investments in binary options, contracts for difference...
View ArticleLondon Leads Komodo Bonds Issuance
London Stock Exchange Group today welcomes Wijaya Karya, one of the largest listed state-owned infrastructure and EPC (engineering, procurement and construction) companies in Indonesia, to celebrate...
View ArticleWest Corporation Agrees To Acquire Nasdaqâs Public Relations Solutions...
West Corporation (“West”) and Nasdaq, Inc. (Nasdaq:NDAQ) (“Nasdaq”) jointly announced today that West has entered into a definitive agreement to acquire the public relations (Public Relations...
View ArticleCFTC Orders UBS To Pay $15 Million Penalty For Attempted Manipulation And...
The Commodity Futures Trading Commission (CFTC) today issued an Order filing and settling charges against UBS AG (UBS), requiring UBS to pay a $15 million civil monetary penalty and to undertake...
View ArticleCFTC Charges Andre Flotron with Spoofing and Engaging in a Deceptive and...
The U.S. Commodity Futures Trading Commission (CFTC) filed a civil enforcement action in the U.S. District Court for the District of Connecticut against Andre Flotron, of Switzerland, charging him with...
View ArticleCFTC Orders HSBC Securities (USA) Inc. Pay $1.6 Million Penalty For Spoofing...
The Commodity Futures Trading Commission (CFTC) today issued an Order filing and settling charges against HSBC Securities (USA) Inc. (HSBC) for engaging in numerous acts of spoofing with respect to...
View Article