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Multilevel evolutionary developmental optimization (MEDO): A theoretical...

What is motivation and how does it work? Where do goals come from and how do they vary within and between species and individuals? Why do we prefer some things over others? MEDO is a theoretical...

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Kernel Based Estimation of Spectral Risk Measures. (arXiv:1903.03304v2...

Spectral risk measures (SRMs) belongs to the family of coherent risk measures. A natural estimator for the class of spectral risk measures (SRMs) has the form of $L$-statistics. In the literature,...

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Spatial polarisation within foreign trade and transnational firms' networks....

After the fall of the Berlin Wall, Central and Eastern Europe were subject to strong polarisation processes. This article proposes examines two neglected aspects regarding the transition period: a...

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Exploring cities of Central and Eastern Europe within transnational company...

After the Fall of the Berlin Wall, Central Eastern European cities (CEEc) integrated the globalized world, characterized by a core-periphery structure and hierarchical interactions between cities. This...

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Power Laws without Gibrat's Law. (arXiv:1910.14023v1 [econ.GN])

This paper shows that the power law property of the firm size distribution is a robust prediction of the standard entry-exit model of firm dynamics. Only one variation is required: the usual...

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Regional competitiveness and high growth firms in the EU: the creativity premium

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Volatility transmission between stock and foreign exchange markets: a...

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Do the French pension reforms increase re-employment of older unemployed...

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Segregation of women into low-paying occupations in the United States

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How are wage developments passed through to prices in the euro area? Evidence...

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Long-Run versus Short-Run News and the Term Structure of Equity

Publication date: Available online 31 October 2019Source: Finance Research LettersAuthor(s): Matthijs Breugem, Roberto MarfèAbstractWe study the impact of rational learning on the term structures of...

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Modelling liquidity management in Islamic banks from a microeconomic perspective

Publication date: Available online 1 November 2019Source: Finance Research LettersAuthor(s): Mouldi DJELASSI, Jamel BOUKHATEMAbstractThe main objective of this paper is to examine the determinants of...

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Opening Remarks at Conversations on Raising Capital for Businesses of Color...

Opening Remarks at Conversations on Raising Capital for Businesses of Color at Morehouse College Martha Miller Advocate for Small Business Capital Formation October 24, 2019

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Loss aversion in an agent-based asset pricing model

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Unemployment durations and local labour market conditions

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From Cones To Pixels

The Mathematics of Modern Digital ColorsContinue reading on Cantor’s Paradise »

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Muddy Waters Sells Burford Short

Burford Capital, a New York-based company, provides litigation finance. This is a subject of endless debate, especially among members of the plaintiffs’ bar. The old-style plaintiffs’ lawyer simply...

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Risk Neutral Valuation of Inflation-Linked Interest Rate Derivatives....

We propose a model for the joint evolution of European inflation, the European Central Bank official interest rate and the short-term interest rate, in a stochastic, continuous time setting. We derive...

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Asset Prices with Investor Protection in Approximate Fractional Economy....

In this paper, we consider a dynamic asset pricing model in an approximate fractional economy to address empirical regularities related to both investor protection and past information. Our newly...

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Integration into 'economie-monde and regionalisation of the Central Eastern...

The fall of the Berlin Wall in 1989, modified the relations between cities of the former communist bloc. The European and worldwide reorientation of interactions that followed raises the question of...

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