Coincheck Starts Crypto Hack Refunds, Allows Limited Trading
Coincheck, the Japanese cryptocurrency exchange at the center of a recent hack, starts reimbursing victims today.
View ArticleDFM Revolutionizes Cash Dividend Distribution Process With The Launch Of...
As part of its strategy to provide market participants with smart and efficient solutions in line with the leadership’s digital transformation vision, the Dubai Financial Market (DFM) today launched an...
View ArticleSaxo Bank Appoints Vivienne Yu As CEO Of Greater China
Saxo Bank, the leading Fintech specialist focused on multi-asset trading and investment, today announces the appointment of Vivienne Yu as CEO of Greater China to further grow Saxo Bank’s retail and...
View ArticleDigital Currency Exchange Opens OTC Desk For Institutions: Independent Reserve
Independent Reserve, the Australian Digital Currency exchange, has opened Australia’s first over-the-counter trading desk for institutions wanting to make large digital currency trades.read more...
View ArticleUK's Financial Conduct Authority Publishes Discussion Paper On Transforming...
The Financial Conduct Authority (FCA) has today published a discussion paper on transforming culture in financial services which presents views from academics and industry thought leaders. The paper is...
View ArticleAccounting for Factorless Income -- by Loukas Karabarbounis, Brent Neiman
Comparing U.S. GDP to the sum of measured payments to labor and imputed rental payments to capital results in a large and volatile residual or ``factorless income.'' Interpreting factorless income as...
View ArticleStatistical Non-Significance in Empirical Economics -- by Alberto Abadie
Significance tests are probably the most common form of inference in empirical economics, and significance is often interpreted as providing greater informational content than non-significance. In this...
View ArticleCrowdfunding Scientific Research -- by Henry Sauermann, Chiara Franzoni,...
Crowdfunding may provide much-needed financial resources, yet there is little systematic evidence on the potential of crowdfunding for scientific research. We first briefly review prior research on...
View ArticleMedical Malpractice Reforms and the Location Decisions of New Physicians --...
Spatial inequalities in access to physicians is a long-standing problem in the US, and it may be an important underlying cause of SES-related and racial/ethnic disparities in health outcomes. One...
View ArticleReach for Yield and Fickle Capital Flows -- by Ricardo J. Caballero, Alp Simsek
In Caballero and Simsek (2018), we develop a model of fickle capital flows and show that, when countries are similar, international flows create global liquidity and mitigate crises despite their...
View ArticleBlockchain Disruption and Smart Contracts -- by Lin William Cong, Zhiguo He
Blockchain technology features decentralized consensus as well as tamper-proof and algorithmic executions, and consequently enlarges the contracting space through smart contracts. Meanwhile, the...
View ArticleThe Efficiency and Sectoral Distributional Implications of Large-Scale...
Renewable policies have grown in popularity across states in the US, and worldwide. The costs and benefits from renewable policies are unevenly distributed across several margins. The incidence of...
View ArticleClimate Adaptive Response Estimation: Short And Long Run Impacts Of Climate...
This paper proposes a simple two-step estimation method (Climate Adaptive Response Estimation - CARE) to estimate sectoral climate damage functions, which account for long- run adaptation. The paper...
View ArticleQuality of Judicial Institutions, Crimes, Misdemeanors, and Dishonesty -- by...
We investigate the extent to which the quality of judicial institutions has an impact on individuals' propensity for criminal and dishonest behavior and on their views regarding the acceptability of...
View ArticleConcentration in US Labor Markets: Evidence From Online Vacancy Data -- by...
Using data on the near-universe of online US job vacancies collected by Burning Glass Technologies in 2016, we calculate labor market concentration using the Herfindahl-Hirschman index (HHI) for each...
View ArticleSocioeconomic Integration of U.S. Immigrant Groups over the Long Term: The...
In this chapter, we document generational patterns of educational attainment and earnings for contemporary immigrant groups. We also discuss some potentially serious measurement issues that arise when...
View ArticleThe Household Fallacy -- by Roger Farmer, Pawel Zabczyk
We refer to the idea that government must 'tighten its belt' as a necessary policy response to higher indebtedness as the household fallacy. We provide a reason to be skeptical of this claim that holds...
View ArticleDominated Options in Health-Insurance Plans -- by Chenyuan Liu, Justin R. Sydnor
Recent studies have found that many people select into health plans with higher coverage (e.g., lower deductibles) even when those plans are financially dominated by other options. We explore whether...
View ArticleGrain Today, Gain Tomorrow: Evidence from a Storage Experiment with Savings...
Many farmers in the developing world lack access to effective savings and storage devices. Such devices might be particularly valuable for farmers since income is received as a lump sum at harvest but...
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