Commissioner Behnam Statement on De Minimus Threshold
Commodity Futures Trading Commission (CFTC) Commissioner Rostin Behnam released the a statement in response to CFTC Chairman Giancarloâs announcement on the de minimus threshold.
View ArticleCommissioner Quintenz Statement on De Minimus Threshold
Commodity Futures Trading Commission (CFTC) Commissioner Brian Quintenz released a statement in response to CFTC Chairman Giancarloâs announcement on the de minimus threshold.
View ArticleCFTC Charges California Resident Scott Allensworth, His Company E-Slate,...
The Commodity Futures Trading Commission (CFTC) announced the filing of a Complaint on October 2, 2017, in the U.S. District Court for the Central District of California. The CFTC Complaint, filed...
View ArticleA buffer Hawkes process for limit order books. (arXiv:1710.03506v1 [math.PR]...
We introduce a Markovian single point process model, with random intensity regulated through a buffer mechanism and a self-exciting effect controlling the arrival stream to the buffer. The model...
View ArticleHigh Frequency Market Making with Machine Learning. (arXiv:1710.03870v1...
High frequency trading has been characterized as an arms race with 'Red Queen' characteristics [Farmer,2012]. It is improbable, even impossible, that many market participants can sustain a competitive...
View ArticleA 700-seat no-loss composition for the 2019 European Parliament....
The following paper is part of the authors' response to an invitation from the Constitutional Affairs Committee (AFCO) of the European Parliament to advise on mathematical methods for the allocation of...
View ArticleCreative Courage: Leveraging Imagination, Collaboration, and Innovation to...
Creative Courage challenges you to step outside of your comfort zone and truly make an impact. Set aside the same old routine and break the status quobecause you can only rise to new heights if you...
View ArticleG2: Building the Next Generation
Vital guidance to ensuring the future of your firmread more...
View ArticleEnterprise Knowledge Capital
Thoroughly grounded in an extensive body of international research and analysis, this book investigates the concepts surrounding a firm’s knowledge capital. These concepts play an integral part in the...
View ArticlePopulists at the Polls: Economic Factors in the 1896 Presidential Election --...
The 1896 presidential election between William Jennings Bryan and William McKinley has gained new salience in the wake of the 2016 contest. We provide the first systematic analysis of voting patterns...
View ArticleWhy Some Times Are Different: Macroeconomic Policy and the Aftermath of...
Analysis based on a new measure of financial distress for 24 advanced economies in the postwar period shows substantial variation in the aftermath of financial crises. This paper examines the role that...
View ArticleShadow Banking and the Four Pillars of Traditional Financial Intermediation...
Traditional banking is built on four pillars: SME lending, access to public liquidity, deposit insurance, and prudential supervision. This vision has been shattered by repeated bailouts of shadow...
View ArticleEffects of Emigration on Rural Labor Markets -- by Agha Ali Akram, Shyamal...
Rural to urban migration is an integral part of the development process, but there is little evidence on how out-migration transforms rural labor markets. Emigration could benefit landless village...
View ArticleArtificial Intelligence and Economic Growth -- by Philippe Aghion, Benjamin...
This paper examines the potential impact of artificial intelligence (A.I.) on economic growth. We model A.I. as the latest form of automation, a broader process dating back more than 200 years....
View ArticleBiased Beliefs About Random Samples: Evidence from Two Integrated Experiments...
This paper describes results of a pair of incentivized experiments on biases in judgments about random samples. Consistent with the Law of Small Numbers (LSN), participants exaggerated the likelihood...
View ArticleEffects of Episode-Based Payment on Health Care Spending and Utilization:...
We study how physicians respond to financial incentives imposed by episode-based bundled payment (EBP), which encourages lower spending and improved quality for an entire episode of care. Specifically,...
View ArticleThe Economics of Scale-Up -- by Jonathan M.V. Davis, Jonathan Guryan, Kelly...
Most randomized controlled trials (RCT) of social programs test interventions at modest scale. While the hope is that promising programs will be scaled up, we have few successful examples of this...
View ArticleFood vs. Fuel? Impacts of Petroleum Shipments on Agricultural Prices. -- by...
Grain shippers and political figures in North Dakota and nearby states have voiced concern that the dramatic increases in shipments of crude oil by rail have caused service delays and higher costs. We...
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