Monday, January 7, 2013

MoneyScience News

MoneyScience News


ICMA Centre Profiles â Juvereya Shoab

Posted: 07 Jan 2013 04:15 AM PST

Today we meet Juvereya Shoab, one of the four students being awarded the prestigious student award scheme at the University of Reading, the Chancellor’s Award.   What inspires you about your chosen subject of study? The field of finance has always fascinated me given its rapid development and tumultuous history. I have been intrigued by the resilience of the financialContinue reading

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Blog Post: PatrickBurns: Market predictions for year 2013

Posted: 07 Jan 2013 02:26 AM PST

Calibrations of 2013 predictions for 18 equity indices — plus some publicly available predictions.read more...

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Blog Post: TheFinancialServicesClub: 2013: an Economic Outlook

Posted: 07 Jan 2013 02:10 AM PST

OK, OK, it’s time to get down to the real business of blogging, banking and bonuses.  As per my usual form, here are four specific forecasts for the economic movements of 2013:read more...

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

Posted: 06 Jan 2013 11:44 PM PST

BusinessSchools: The Financial Education Daily is out! http://t.co/mgDaff68 â–¸ Top stories today via @j_bettany @oriolllop @SantiagoIniguez

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Vendor News: U.A.E's RAKBANK Improves Customer Service, Launches New Products With Infosys Finacle

Posted: 06 Jan 2013 11:05 PM PST

The National Bank of Ras Al-Khaimah (RAKBANK), one of U.A.E.'s fastest growing retail and business bank, has announced the successful implementation of Infosys Finacle core banking solution.

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Published / Preprint: Modelling Information Incorporation in Markets, with Application to Detecting and Explaining Events. (arXiv:1301.0594v1 [cs.AI])

Posted: 06 Jan 2013 05:32 PM PST

We develop a model of how information flows into a market, and derive algorithms for automatically detecting and explaining relevant events. We analyze data from twenty-two "political stock markets" (i.e., betting markets on political outcomes) on the Iowa Electronic Market (IEM). We prove that, under certain efficiency assumptions, prices in such betting markets will on average approach the...

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Published / Preprint: Gambling in contests with regret. (arXiv:1301.0719v1 [q-fin.PM])

Posted: 06 Jan 2013 05:32 PM PST

This paper discusses the gambling contest introduced in Seel & Strack (Gambling in contests, Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 375, Mar 2012.) and considers the impact of adding a penalty associated with failure to follow a winning strategy. read more...

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Blog Post: Falkenblog: Dimensional's Latest on Low-Vol

Posted: 06 Jan 2013 05:25 PM PST

Ronnie Shah has a new piece on low volatility investing (Residual Volatility and Average Returns, Dec 2012), and as he works for Dimensional Fund Advisors, I presume his take is consistent with that of the Dimensional management.  As this would include Eugene Fama, Ken French, Robert Merton, Roger Ibbotson, Myron Scholes, and George Constantinides, I think it represents conventional academic...

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Published / Preprint: 06Jan/Group of Governors and Heads of Supervision endorses revised liquidity standard for banks

Posted: 06 Jan 2013 09:38 AM PST

Basel Committee press release about the Group of Governors and Heads of Supervision endorsing revised liquidity standard for banks (6 January 2013)

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MoneyScience Daily is out! http://t.co/aGkJAVQE : Top stories today via @AmyResnick @ppearlman @Alea_

Posted: 06 Jan 2013 07:46 AM PST

moneyscience: MoneyScience Daily is out! http://t.co/aGkJAVQE â–¸ Top stories today via @AmyResnick @ppearlman @Alea_

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Published / Preprint: Scaling of Seismic Memory with Earthquake Size

Posted: 06 Jan 2013 05:36 AM PST

It has been observed that the earthquake events possess short-term memory, i.e. that events occurring in a particular location are dependent on the short history of that location. We conduct an analysis to see whether real-time earthquake data also possess long-term memory and, if so, whether such autocorrelations depend on the size of earthquakes within close spatiotemporal proximity. We analyze...

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Call for book chapters: âCorporate Governance in Emerging Markets: Theories, Practices and Casesâ

Posted: 24 Oct 2012 05:57 AM PDT

To be published by Springer Verlag, 2013read more...

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