Monday, March 18, 2013

MoneyScience News

MoneyScience News


Universities Business Challenge- Henley team reach final

Posted: 18 Mar 2013 04:24 AM PDT

Congratulations to Kadi Huang, Chris Himpich, Alex Priest and Daniel Lim for reaching the final of the Universities Business Challenge! In Particular to ICMA Centre students Kadi Huang, 2nd year Finance and Investment Banking, and Daniel Lim, 1st year Finance & Investment Banking. The semi-final was held at the offices of P&G (Procter & Gamble) in Weybridge and required the...

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Blog Post: TheFinancialServicesClub: The EU Financial Transaction Tax Directive: An overview

Posted: 18 Mar 2013 01:40 AM PDT

This is a guest post by Financial Services Club speaker Laurens Vis, Managing Director of KAS Bank.read more...

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Published / Preprint: 18Mar/Towards better reference rate practices: a central bank perspective

Posted: 18 Mar 2013 01:04 AM PDT

A report entitled Towards better reference rate practices: a central bank perspective has been released today by a Working Group established by the Economic Consultative Committee (ECC). Chaired by Hiroshi Nakaso, Assistant Governor, Bank of Japan, the Working Group comprised officials from 13 central banks and monetary authorities.read more...

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Blog Post: Falkenblog: DeMuth's Affluent Investor Highlights Hindsight Bias

Posted: 17 Mar 2013 06:51 PM PDT

I received a copy of Phil DeMuth's Affluent Investor, which at around $11 is a bargain. Alas, advice books like these, for the layman, are kind of futile, as good advice is ignored by those who need it precisely because those who need it would never seek it. So, it's best as a gift. If there's a 10% chance they can learn, it's worth $11.For example, he nicely informs the reader what investment...

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Published / Preprint: Agent-based and macroscopic modeling of the complex socio-economic systems. (arXiv:1303.3693v1 [physics.soc-ph])

Posted: 17 Mar 2013 05:35 PM PDT

The current economic crisis has provoked an active response from the interdisciplinary scientific community. As a result many papers suggesting what can be improved in understanding of the complex socio-economics systems were published. Some of the most prominent papers on the topic include (Bouchaud, 2009; Farmer and Foley, 2009; Farmer et al, 2012; Helbing, 2010; Pietronero, 2008). These papers...

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Published / Preprint: 18Mar/March 2013 Quarterly Review: Markets grow confident on continued support

Posted: 17 Mar 2013 01:08 PM PDT

BIS Quarterly Review - 18 March 2013 (BIS Press Release)

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Blog Post: ThePracticalQuant: Saying Goodbye to our (Cat) Lily

Posted: 17 Mar 2013 12:26 PM PDT

It's been a tough week. On Wednesday we had to say goodbye to our 17-year old kitty. She almost died in early 2010, had a miraculous recovery, and went on to enjoy another three years of excellent health. But a few weeks ago, she started to weaken, and by Wednesday it became clear that it was time to say goodbye. I grew up in a house full of pets (primarily dogs). As a kid I hated seeing our...

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