Friday, December 7, 2012

MoneyScience News

MoneyScience News


Blog Post: TheFinancialServicesClub: Why transparency is NOT the solution

Posted: 07 Dec 2012 01:52 AM PST

We had a good debate this week about the future for multilateral interchange fees (MIFs) amongst the card companies.read more...

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The Financial Education Daily is out! http://t.co/mgDaff68 ⸠Top stories today via @TuckAdmissions

Posted: 06 Dec 2012 11:32 PM PST

BusinessSchools: The Financial Education Daily is out! http://t.co/mgDaff68 รข–¸ Top stories today via @TuckAdmissions

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Published / Preprint: The physics of business cycles and inflation. (arXiv:1212.1282v1 [q-fin.GN])

Posted: 06 Dec 2012 05:31 PM PST

We analyse four consecutive cycles observed in the USA for employment and inflation. They are driven by three oil price shocks and an intended interest rate shock. Non-linear coupling between the rate equations for consumer products as prey and consumers as predators provides the required instability, but its natural damping is too high for spontaneous cycles. Extending the Lotka-Volterra...

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Published / Preprint: Predicting economic growth with classical physics and human biology. (arXiv:1212.1286v1 [q-fin.GN])

Posted: 06 Dec 2012 05:31 PM PST

We collect and analyze the data for working time, life expectancy, and the pair output and infrastructure of industrializing nations. During S-functional recovery from disaster the pair's time shifts yield 25 years for the infrastructure's physical lifetime. At G7 level the per capita outputs converge and the time shifts identify a heritable quantity with a reaction time of 62 years. It seems to...

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Published / Preprint: Multilevel Monte Carlo methods for applications in finance. (arXiv:1212.1377v1 [q-fin.CP])

Posted: 06 Dec 2012 05:31 PM PST

Since Giles introduced the multilevel Monte Carlo path simulation method [18], there has been rapid development of the technique for a variety of applications in computational finance. This paper surveys the progress so far, highlights the key features in achieving a high rate of multilevel variance convergence, and suggests directions for future research.

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RT @QFINANCEnews: To how many countries will negative interest rates spread? http://t.co/Gs0n1rmj

Posted: 06 Dec 2012 03:21 PM PST

moneyscience: RT @QFINANCEnews: To how many countries will negative interest rates spread? http://t.co/Gs0n1rmj

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Blog Post: iMFdirect: Building on Latin America's Success

Posted: 06 Dec 2012 08:46 AM PST

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Blog Post: PatrickBurns: Again with variability of long-short decile tests

Posted: 06 Dec 2012 05:31 AM PST

A simpler approach to producing the variability.read more...

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