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Customer Manager - FICO System Will Now Be Rolled Out Across Entire Portfolio...

Analytics software firm FICO announced that Crédit Agricole Consumer Finance (CA CF), a leading player in consumer credit in Europe, has seen excellent results using FICO technology to manage customer...

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Third FSB Annual Report

This third annual report provides an update on the activities of the FSB and its annual accounts for the financial year April 2015-March 2016. During the course of the year the FSB has agreed the final...

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World Federation Of Exchanges Publishes H1 2016 Market Highlights

The World Federation of Exchanges (“WFE”), which represents more than 200 market infrastructure providers including exchanges and CCPs, today published its H1 2016 Market Highlights. read more...

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ESMA Issues Warning On Sale Of Speculative Products To Retail Investors

The European Securities and Markets Authority (ESMA) has today issued a warning about the sale of contracts for differences (CFDs), binary options and other speculative products to retail investors who...

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SGX Electricity Market Report

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SGX: Five Industrial REITs Report June Quarter Earnings

Over the last two weeks, five Industrial REITs –  Ascendas Real Estate Investment Trust, Cache Logistics Trust, Cambridge Industrial Trust, Sabana Shar’iah Compliant Industrial REIT, and Soilbuild...

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Dubai Financial Market Company Posts Net Profit Of AED 139.6 Million During...

His Excellency Essa Kazim:read more...

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Bridging the Gap: Do Fast Reacting Fossil Technologies Facilitate Renewable...

The diffusion of renewable energy in the power system implies high supply variability. Lacking economically viable storage options, renewable energy integration has so far been possible thanks to the...

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Education, Participation, and the Revival of U.S. Economic Growth -- by Dale...

Labor quality growth captures the upgrading of the labor force through higher educational attainment and greater experience. Our first finding is that average levels of educational attainment of new...

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The Effect of Population Aging on Economic Growth, the Labor Force and...

Population aging is widely assumed to have detrimental effects on economic growth yet there is little empirical evidence about the magnitude of its effects. This paper starts from the observation that...

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Heterogeneity and Unemployment Dynamics -- by Hie Joo Ahn, James D. Hamilton

This paper develops new estimates of flows into and out of unemployment that allow for unobserved heterogeneity across workers as well as direct effects of unemployment duration on unemployment-exit...

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New Evidence on Trust and Well-being -- by John F. Helliwell, Haifang Huang,...

This paper first uses data from three large international surveys - the Gallup World Poll, the World Values Survey and the European Social Survey - to estimate income-equivalent values for social...

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External Validity in a Stochastic World -- by Mark Rosenzweig, Christopher Udry

We examine the generalizability of internally valid estimates of causal effects in a fixed population over time when that population is subject to aggregate shocks. This temporal external validity is...

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Bringing Real Market Participants' Real Preferences into the Lab: An...

This paper reports on an experimental test of a new market design that is attractive in theory but makes the common and potentially unrealistic assumption that "agents report their type"; that is, that...

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The General Equilibrium Impacts of Unemployment Insurance: Evidence from a...

During the Great Recession, U.S. unemployment benefits were extended by up to 73 weeks. Theory predicts that extensions increase unemployment by discouraging job search, a partial equilibrium effect....

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Experimenting with Entrepreneurship: The Effect of Job-Protected Leave -- by...

Do potential entrepreneurs remain in wage employment because of the danger that they will face worse job opportunities should their entrepreneurial ventures fail? Using a Canadian reform that extended...

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How Japan and the US Can Reduce the Stress of Aging -- by Claudia Goldin

The Japanese are becoming older. Americans are also becoming older. Demographic stress in Japan, measured by the dependency ratio (DR), is currently about 0.64. In the immediate pre-WWII era it was...

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Fire-Sale Externalities -- by Eduardo Davila, Anton Korinek

This paper characterizes the efficiency properties of competitive economies with financial constraints and fire sales. We show that two distinct pecuniary externalities occur in such settings:...

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Do Government Audits Reduce Corruption? Estimating the Impacts of Exposing...

Political corruption is considered a major impediment to economic development, and yet it remains pervasive throughout the world. This paper examines the extent to which government audits of public...

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Estimating the Technology of Children's Skill Formation -- by Francesco...

We develop a new estimator for the process of children's skill formation in which children's skills endogenously develop according to a dynamic latent factor structure. Rather than assuming skills are...

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