Tuesday, February 4, 2014

MoneyScience News

MoneyScience News


Blog Post: TheFinancialServicesClub: Things worth reading: 4th February 2014

Posted: 03 Feb 2014 11:08 PM PST

Things we're reading today include ...read more...

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Blog Post: TheAlephBlog: Differences in US States' Unemployment over the Last 36 Years

Posted: 03 Feb 2014 10:38 PM PST

I would encourage you to have a read of the 2014 Baltimore Business Review.  Produced by the CFA Institute  — Baltimore, and Towson University, it  is a great example of how academics and practitioners can work together.  Here is my article, reformatted so that it looks better on my blog:read more...

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Published / Preprint: The Political Economy of FDI flows into Developing Countries: Does the depth of International Trade Agreements Matter?. (arXiv:1402.0139v1 [q-fin.GN])

Posted: 03 Feb 2014 05:38 PM PST

There is considerable debate whether the domestic political institutions (specifically, the country s level of democracy) of the host developing country toward foreign investors are effective in establishing the credibility of commitments are still underway, researchers have also analyzed the effect of international institutions such as (GATT-WTO) membership and Bilateral Investment treaties...

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Published / Preprint: Minsky Financial Instability, Interscale Feedback, Percolation and Marshall-Walras Disequilibrium. (arXiv:1402.0176v1 [q-fin.GN])

Posted: 03 Feb 2014 05:38 PM PST

We study analytically and numerically Minsky instability as a combination of top-down, bottom-up and peer-to-peer positive feedback loops. The peer-to-peer interactions are represented by the links of a network formed by the connections between firms, contagion leading to avalanches and percolation phase transitions propagating across these links. The global parameter in the top-bottom, bottom-up...

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Published / Preprint: Faster Comparison of Stopping Times by Nested Conditional Monte Carlo. (arXiv:1402.0243v1 [q-fin.CP])

Posted: 03 Feb 2014 05:38 PM PST

We show that deliberately introducing a nested simulation stage can lead to significant variance reductions when comparing two stopping times by Monte Carlo. We derive the optimal number of nested simulations and prove that the algorithm is remarkably robust to misspecifications of this number. The method is applied to several problems related to Bermudan/American options. In these applications,...

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Blog Post: iMFdirect: China PMI Batters Global Markets'¦Are you kidding me?

Posted: 03 Feb 2014 06:37 AM PST

Steven Barnettread more...

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