The Financialization of Chinese Commodity Markets
Publication date: Available online 22 January 2020Source: Finance Research LettersAuthor(s): Baochen Yang, Yingjian Pu, Yunpeng Su
View ArticleIs the cash flow sensitivity of cash asymmetric? African evidence
Publication date: Available online 23 January 2020Source: Finance Research LettersAuthor(s): Michael Machokoto, Geofry ArenekeAbstractWe examine whether the cash flow sensitivity of cash is asymmetric...
View ArticleOpening Statement: Inaugural Meeting of the Asset Management Advisory Committee
Dalia Blass Opening Statement: Inaugural Meeting of the Asset Management Advisory Committee
View ArticleOver $63 Million to Be Returned to Investors in Alleged Real Estate...
The Securities and Exchange Commission today announced that it has obtained a court order authorizing the distribution of over $63 million to investors in connection with a previously filed action.Â...
View ArticleShorting in Speculative Markets
ABSTRACT In models of trading with heterogeneous beliefs following HarrisonâKreps, shortâselling is prohibited and agents face constant marginal costsâofâcarry. The resale option guarantees...
View ArticleCan Unemployment Insurance Spur Entrepreneurial Activity? Evidence From France
ABSTRACT We evaluate the effect of downside insurance on selfâemployment. We exploit a large scale reform of French unemployment benefits which insured unemployed workers starting businesses. The...
View ArticleHigh�Frequency Trading and Market Performance
ABSTRACT We study the consequences of, and potential policy responses to, highâfrequency trading (HFT) via the tradeoff between liquidity and information production. Faster speeds facilitate HFT,...
View ArticleInsider Investment Horizon
ABSTRACT We examine the relation between insidersâ investment horizon and the information content of their trades with respect to future stock returns. We conjecture that an insider's investment...
View ArticleFalse Positives and Machine Learning
There is a high rate of failure among quant funds. These include smart beta, factor investing, statistical arbitrage, and CTAs. Such false positive strategies are a widespread industry problem. Since...
View ArticleSmart City Governance in Developing Countries: A Systematic Literature...
Smart cities that make broad use of digital technologies have been touted as possible solutions for the population pressures faced by many cities in developing countries and may help meet the rising...
View ArticleStochastic control of optimized certainty equivalents. (arXiv:2001.10108v1...
Optimized certainty equivalents (OCEs) is a family of risk measures widely used by both practitioners and academics. This is mostly due to its tractability and the fact that it encompasses important...
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How free trade changes domestic firms’ ability to innovate
International trade as a percentage of global GDP more than doubled in the 35 years from 1973 to 2008; but trade activity has slowed since the onset of the Great Recession. Although economists have...
View ArticleSEC Issues Agenda for February 4 Meeting of Small Business Capital Formation...
The Securities and Exchange Commission today released the agenda for the Tuesday, Feb. 4 meeting of its Small Business Capital Formation Advisory Committee. During the meeting, the committee will...
View ArticleAn incomplete equilibrium with a stochastic annuity
Abstract We prove the global existence of an incomplete, continuous-time finite-agent Radner equilibrium in which exponential agents optimise their expected utility over both running consumption and...
View ArticleMoneyScience: The Tokenisation of Assets and Potential Implications for...
The Tokenisation of Assets and Potential Implications for Financial Markets - OECD Report - https://t.co/9Hatn3777x â Financial Technology (@fin_tech) Januaryâ¦
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