A new set of cluster driven composite development indicators....
Composite development indicators used in policy making often subjectively aggregate a restricted set of indicators. We show, using dimensionality reduction techniques, including Principal Component...
View ArticleIncome growth with high inequality implies loss of well-being: A mathematical...
A mathematical model of measurement of the perception of well-being for groups with increasing incomes, but proportionally unequal is proposed. Assuming that welfare grows with own income and decreases...
View ArticleClik here to view.
Playing at Dr Jekyll and Mr Hyde: the UK job market
The UK labour market, at first glance, seems to be playing at Dr Jekyll and Mr Hyde. Employment (in terms of both levels and rates) is at record highs, yet wage growth has been extraordinarily weak....
View ArticleClik here to view.
Newsletter November 2019 Can you replicate a call option with two European...
Editorial Can you replicate a call option with two European digital options? A European digital pays one unit of currency (domestic or foreign) at a predefined expiry date, if on that date the observed...
View ArticleThe long-run reversal in the long run: Insights from two centuries of...
Publication date: Available online 27 November 2019Source: Journal of Empirical FinanceAuthor(s): Adam Zaremba, Renatas Kizys, Muhammad Wajid RazaAbstractWe perform the most comprehensive test of...
View ArticleEditorial Board
Publication date: December 2019Source: Journal of Empirical Finance, Volume 54Author(s):
View ArticleChristian Bayer (WIAS Berlin). Title: TBA
Abstract: TBA16 Dec 2019 to 16 Dec 2019, Weeks Hall - G03 Seminar Room
View ArticleClik here to view.
A Computability Proof of Gödel’s First Incompleteness Theorem
“Any consistent formal system F within which a certain amount of elementary arithmetic can be carried out is incomplete; i.e. there are…Continue reading on Cantorâs Paradise »
View ArticleMoneyScience: Cryptoqueen: How Ruja Ignatova scammed the world, then vanished
Resource: Cryptoqueen: How Ruja Ignatova scammed the world, then vanished https://t.co/4qKTlQnBcN â moneyscience (@moneyscience) November 27, 2019
View ArticleMoneyScience: Online Training - The Complete COBOL Course From Beginner To...
Resource: Online Training - The Complete COBOL Course From Beginner To Expert https://t.co/1AKqWgZpD9 â moneyscience (@moneyscience) November 27, 2019
View ArticleMoneyScience: A Simple COBOL Tutorial
Resource: A Simple COBOL Tutorial https://t.co/6w6zQZCBsu â moneyscience (@moneyscience) November 27, 2019
View ArticleMoneyScience: MoneyScience's post: Victor Ricciardi talks about his book...
Victor Ricciardi talks about his book Investor Behavior: The Psychology of Financial Planning and Investing https://t.co/z2XUtfSVgeâ¦
View ArticleOil, the Baltic Dry index, market (il)liquidity and business cycles: evidence...
Abstract The recent financial crisis has made (il)liquidity research more significant than ever. Galariotis and Giouvris (Int Rev Financ Anal 38:44â69, 2015) find evidence that market liquidity may...
View ArticleSEC Halts Penny Stock Scheme Targeting Seniors
The Securities and Exchange Commission today announced that it has filed an emergency action and obtained an asset freeze against the operators of a South Florida-based investment scheme that...
View ArticleChief Administrative Law Judge Brenda Murray to Retire
The Securities and Exchange Commission today announced that Chief Administrative Law Judge Brenda Murray is retiring after 50 years of federal service, including 25 years as Chief Administrative Law...
View ArticleWhat is a Patent Worth? Evidence from the U.S. Patent “Lottery”
ABSTRACT We provide evidence on the value of patents to startups by leveraging the quasiârandom assignment of applications to examiners with different propensities to grant patents. Using unique...
View ArticleIntroduction to Solving Quant Finance Problems with Time-Stepped FBSDE and...
In this introductory paper, we discuss how quantitative finance problems under some common risk factor dynamics for some common instruments and approaches can be formulated as time-continuous or...
View ArticleWith or without replacement? Sampling uncertainty in Shepp's urn scheme....
We introduce a variant of Shepp's classical urn problem in which the optimal stopper does not know whether sampling from the urn is done with or without replacement. By considering the problem's...
View Article