Corporate Control around the World
ABSTRACT We study corporate control tracing controlling shareholders for thousands of listed firms from 127 countries over 2004â2012. Government and family control is pervasive in civilâlaw...
View ArticleDoes Financial Inclusion impact CO2 Emissions? Evidence from Asia
Publication date: Available online 31 January 2020Source: Finance Research LettersAuthor(s): Thai-Ha Le, Ha-Chi Le, Farhad Taghizadeh-HesaryAbstractThis study examines the impact of financial inclusion...
View ArticleStar Ratings and the Incentives of Mutual Funds
ABSTRACT We propose a theory of reputation to explain how investors rationally respond to mutual fund star ratings. A fund's performance is determined by its information advantage, which can be...
View ArticleCorporate Control around the World
ABSTRACT We study corporate control tracing controlling shareholders for thousands of listed firms from 127 countries over 2004â2012. Government and family control is pervasive in civilâlaw...
View ArticleQuantpedia in January 2020
Dear readers, Five new Quantpedia Premium strategies have been added into our database in January, and five new related research papers have been included into existing Premium strategies....
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Indebted: How Families Make College Work at Any Cost – Book Review
Indebted: How Families Make College Work at Any Cost. Caitlin Zaloom. Princeton University Press. 2019. Find this book:Â Laura and Chris are the proud parents of Sam and Mark who respectively attend...
View ArticleFinance blog Zero Hedge was banned from Twitter for Wuhan coronavirus...
Zero Hedge has been permanently suspended from Twitter for what the platform deemed as spreading misinformation over the Wuhanâ¦
View ArticleAlternative Data: A Road to Alpha
Investment management firms are increasingly hard-pressed to hedge away risks, increase alpha, and lower costs: a daunting agenda. One way of going about that is by knowing what is going on in the...
View ArticleSupervised Machine Learning for Eliciting Individual Demand....
Direct elicitation, guided by theory, is the standard method for eliciting individual-level latent variables. We present an alternative approach, supervised machine learning (SML), and apply it to...
View ArticleOptimal market making under partial information with general intensities....
Starting from the Avellaneda-Stoikov framework, we consider a market maker who wants to optimally set bid/ask quotes over a finite time horizon, to maximize her expected utility. The intensities of the...
View ArticleStructured climate financing: valuation of CDOs on inhomogeneous asset pools....
Recently, a number of structured funds have emerged as public-private partnerships with the intent of promoting investment in renewable energy in emerging markets. These funds seek to attract...
View ArticleRevisiting integral functionals of geometric Brownian motion....
In this paper we revisit the integral functional of geometric Brownian motion $I_t= int_0^t e^{-(mu s +sigma W_s)}ds$, where $muinmathbb{R}$, $sigma > 0$, and $(W_s )_s>0$ is a standard Brownian...
View ArticleAn Interacting Agent Model of Economic Crisis. (arXiv:2001.11843v1...
Most national economies are linked by international trade. Consequently, economic globalization forms a massive and complex economic network with strong links, that is, interactions arising from...
View ArticleOn Calibration Neural Networks for extracting implied information from...
Extracting implied information, like volatility and/or dividend, from observed option prices is a challenging task when dealing with American options, because of the computational costs needed to solve...
View ArticleQuasi-likelihood analysis for marked point processes and application to...
We develop a quasi-likelihood analysis procedure for a general class of multivariate marked point processes. As a by-product of the general method, we establish under stability and ergodicity...
View ArticleHousing Search in the Age of Big Data: Smarter Cities or the Same Old Blind...
Housing scholars stress the importance of the information environment in shaping housing search behavior and outcomes. Rental listings have increasingly moved online over the past two decades and, in...
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How successful leaders avoid predictable surprises
By now every reader drawn to articles like this will almost certainly have heard the acronym VUCA, so widely used these days. It was first used in 1987 and originates from the theories on leadership...
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