Security Settles on Ethereum in First-of-a-Kind Blockchain Transaction
A structured note is being issued on the ethereum blockchain, with an identical one settled on a traditional clearing house to test the cost savings.
View ArticleKodak Could Earn $5 Million for ICO Brand Licensing Deal
Kodak licensed its brand out to WENN Digital for the KODAKCoin token, which could net the onetime photography giant between $2 and $5 million.
View ArticleUS Trade Regulator Shuts Down Crypto Investment Scheme Promoters
A U.S. district court has issued a restraining order against four individuals accused of operating a string of cryptocurrency investment schemes.
View ArticleSEC Official Says 'Dozens' of Crypto Investigations Underway
Stephanie Avakian, a co-director of the U.S. SEC's Enforcement Division, said the agency is investigating "dozens" of ICO campaigns.
View ArticlePeter Thiel: Bitcoin Will Be the 'One Online Equivalent to Gold'
The co-founder of PayPal says there will be only one online equivalent to gold, and bitcoin, as the 'biggest' cryptocurrency, will triumph.
View ArticleNigerian Stock Exchange Celebrates Global Money Week To Further Promote...
The Nigerian Stock Exchange ("NSE" or "The Exchange") is pleased to announce that it commemorated the 2018 Global Money Week themed, Money Matters Matter, between Monday, March 12, 2018 and Friday,...
View ArticleIMF Executive Board Discusses Program Design In Currency Unions
On February 21, 2018, the Executive Board of the International Monetary Fund (IMF) discussed general guidance on the design of Fund-supported programs with members of the existing four currency...
View ArticleWEACCESS GROUP Lists On Euronext Access+ - First Listing On Euronext Access+...
Euronext today welcomed WEACCESS GROUP, a major French provider of high and very high speed broadband services in areas of France that are poorly served by traditional networks, to listing in the...
View ArticleNasdaq Welcomes Zscaler, Inc. (Nasdaq: ZS) To The Nasdaq Stock Market
Zscaler, Inc. (Nasdaq:ZS), a leader in cloud security, visited the Nasdaq MarketSite in Times Square today in celebration of its initial public offering of its common stock on The Nasdaq Stock...
View ArticleIntermediary Asset Pricing and the Financial Crisis -- by Zhiguo He, Arvind...
"Intermediary asset pricing'' understands asset prices and risk premia through the lens of frictions in financial intermediation. Perhaps motivated by phenomena in the financial crisis, intermediary...
View ArticleThe Dynamic Effects of Computerized VAT Invoices on Chinese Manufacturing...
This paper uses a balanced panel of large manufacturing firms to study the dynamic effects of computerizing VAT invoices on tax revenues and firm behavior in China, 1998-2007. We find that...
View ArticleA Theory of Small Campaign Contributions -- by Laurent Bouton, Micael...
We present a model of electorally-motivated, small campaign contributions. The analysis uncovers interesting interactions among small donors and has novel implications for the effect of income...
View ArticleEstimating the Associations between SNAP and Food Insecurity, Obesity, and...
Administrative data are considered the "gold standard" when measuring program participation, but little evidence exists on the potential problems with administrative records or their implications for...
View ArticleMirage on the Horizon: Geoengineering and Carbon Taxation Without Commitment...
We show that, in a model without commitment to future policies, geoengineering breakthroughs can have adverse environmental and welfare effects because they change the (equilibrium) carbon taxes. In...
View ArticleCongestion Pricing, Air Pollution and Children's Health -- by Emilia...
This study examines the effects of implementing a congestion tax in central Stockholm on both ambient air pollution and the population health of local children. We demonstrate that the tax reduced...
View ArticleWhat is the Impact of Successful Cyberattacks on Target Firms? -- by Shinichi...
We examine which firms are targets of successful cyberattacks and how they are affected. We find that cyberattacks are more likely to occur at larger and more visible firms, more highly valued firms,...
View ArticleBartik Instruments: What, When, Why, and How -- by Paul Goldsmith-Pinkham,...
The Bartik instrument is formed by interacting local industry shares and national industry growth rates. We show that the Bartik instrument is numerically equivalent to using local industry shares as...
View ArticleThe US Gains from Trade: Valuation Using the Demand for Foreign Factor...
About 8 cents out of every dollar spent in the United States is spent on imports. What if, because of a wall or some other extreme policy intervention, imports were to remain on the other side of the...
View ArticleFinancial Centrality and Liquidity Provision -- by Arun G. Chandrasekhar,...
We study an endowment economy in which agents face income risk, as if uncertain returns on a portfolio, and agents can only make transfers in states when they are actively participating in the market....
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