Identification of Dynamic Latent Factor Models: The Implications of...
A recent and growing area of research applies latent factor models to study the development of children's skills. Some normalization is required in these models because the latent variables have no...
View ArticleDemand Heterogeneity in Insurance Markets: Implications for Equity and...
In many markets insurers are barred from price discrimination on consumer characteristics like age, gender, and medical history. By themselves, such restrictions are known to exacerbate adverse...
View ArticleEstimation of a Roy/Search/Compensating Differential Model of the Labor...
In this paper we develop a model capturing key features of the Roy model, a search model, compensating differentials, and human capital accumulation on-the-job. We establish which features of the model...
View ArticleTime Discounting and Economic Decision-making Among the Elderly -- by David...
This paper evaluates the extent of heterogeneity in time discounting among elderly Americans, as well as its role in explaining older peoples' key behaviors. We first show how older Americans evaluate...
View ArticleProduction Function Estimation with Measurement Error in Inputs -- by Allan...
Production functions are a central component in a variety of economic analyzes. However, these production functions often first need to be estimated using data on individual production units. There is...
View ArticleThe Labor Market Effects of Credit Market Information -- by Marieke Bos,...
Credit information affects the allocation of consumer credit, but its effects on other markets that are relevant for academic and policy analysis are unknown. This paper measures the effect of negative...
View ArticleCEO Personality and Firm Policies -- by Ian D. Gow, Steven N. Kaplan, David...
Based on two samples of high quality personality data for chief executive officers (CEOs), we use linguistic features extracted from conferences calls and statistical learning techniques to develop a...
View ArticleThe Measurement of Student Ability in Modern Assessment Systems -- by Brian...
Economists often use test scores to measure a student's performance or an adult's human capital. These scores reflect non-trivial decisions about how to measure and scale student achievement, with...
View ArticleProduct Mix and Firm Productivity Responses to Trade Competition -- by...
We document how demand shocks in export markets lead French multi-product exporters to re-allocate the mix of products sold in those destinations. In response to positive demand shocks, those French...
View ArticleWeathering the Great Recession: Variation in Employment Responses by...
This paper finds that US employment changed differently relative to output in the Great Recession and recovery than in most other advanced countries or in the US in earlier recessions. Instead of...
View ArticleMonetary Policy with 100 Percent Reserve Banking: An Exploration -- by Edward...
We explore monetary policy in a world without fractional reserve banking. In our world, banks are purely transaction institutions. Money is a form of government debt that bears interest, which can be...
View ArticleDisentangling the Contemporaneous and Dynamic Effects of Human and Health...
In this study we quantify the life-cycle effects of human and health capital on the wage distribution of females, with a focus on health measured by body mass. We use NLSY79 data on women followed...
View ArticleNYSE, NYSE ARCA And NYSE MKT Short Interest Reports
NYSE today reported short interest as of the close of business on the settlement date of July 15, 2016.read more...
View ArticleNasdaq Announces Mid-Month Open Short Interest Positions In Nasdaq Stocks As...
At the end of the settlement date of July 15, 2016, short interest in 2,329 Nasdaq Global MarketSM securities totaled 7,875,755,447 shares compared with 7,887,260,999 shares in 2,316 Global Market...
View ArticleSEC: State Street Misled Custody Clients About Prices For Foreign Currency...
The Securities and Exchange Commission today announced that State Street Bank and Trust Company has agreed to pay $382.4 million in a global settlement for misleading mutual funds and other custody...
View ArticleOnline shopping key features analysis in Mures county. (arXiv:1607.07706v1...
The aim of this paper is to get an overview of the online buyer profile, and also some key aspects in the way the online shopping is conducted. In this project we conducted a quantitative research,...
View ArticleModelling the impact of financialization on agricultural commodity markets....
We propose a stylized model of production and exchange in which long-term investors set their production decision over a horizon {\tau} , the "time to produce", and are liquidity constrained, while...
View ArticleThe Rank Effect for Commodities. (arXiv:1607.07510v1 [q-fin.GN])
We uncover a large and significant low-minus-high rank effect for commodities across two centuries. There is nothing anomalous about this anomaly, nor is it clear how it can be arbitraged away. Using...
View ArticleWinning with Data: Transform Your Culture, Empower Your People, and Shape the...
Winning with Data explores the cultural changes big data brings to business, and shows you how to adapt your organization to leverage data to maximum effect. Authors Tomasz Tunguz and Frank Bien draw...
View ArticleWarranty Fraud Management: Reducing Fraud and Other Excess Costs in Warranty...
Warranty Fraud Management provides a clear, practical framework for reducing fraudulent warranty claims and other excess costs in warranty and service operations. Packed with actionable guidelines and...
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