Wiley GAAP for Governments 2016: Interpretation and Application of Generally...
Wiley GAAP for Governments 2016provides the latest information on GAAP, with coverage designed specifically for government entities. With a focus on the practical rather than the academic, this book...
View ArticleManaging Concentrated Stock Wealth: An Advisor's Guide to Building Customized...
Managing Concentrated Stock Wealth, Second Edition is the adviser's guide to skillfully managing the risk and opportunity presented by concentrated stock holdings. Written by Tim Kochis, a recognized...
View ArticleContent Marketing Strategies For Dummies
Blogs and social platforms are all the rage right now—especially for strategists looking to cultivate influence among target audience members through content marketing. Content Marketing Strategies For...
View ArticleClik here to view.
A World Deep in Debtâ¦
Photo Credit: Friends of the Earth International || Note: the above is just a photo to illustrate a point. I do not endorse debt cancellation under most circumstances.  I do support debt-for-equity...
View ArticleFINRA Approves Enhanced Price Disclosure To Retail Investors In Fixed-Income...
The Financial Industry Regulatory Authority's Board of Governors today approved a proposal designed to help retail customers understand and compare transaction costs in fixed-income securities. The...
View ArticleThe Market for Financial Adviser Misconduct -- by Mark Egan, Gregor Matvos,...
We construct a novel database containing the universe of financial advisers in the United States from 2005 to 2015, representing approximately 10% of employment of the finance and insurance sector....
View ArticleThe Long Run Effects of Labor Migration on Human Capital Formation in...
We provide new evidence of one channel through which circular labor migration has long run effects on origin communities: by raising completed human capital of the next generation. We estimate the net...
View ArticleCan Fixed-Term Contracts Put Low Skilled Youth on a Better Career Path?...
By reducing the commitment made by employers, fixed-term contracts can help low-skilled youth find a first job. However, the long-term impact of fixed-term contracts on these workers' careers may be...
View ArticleThe Social Value of Financial Expertise -- by Pablo Kurlat
I study expertise acquisition in a model of trading under asymmetric information. I propose and implement a method to estimate the ratio of social to private marginal value of expertise. This can be...
View ArticleGlobalization and Political Structure -- by Gino Gancia, Giacomo A.M....
The first wave of globalization (1830-1914) was accompanied by a decline in the number of countries from 125 to 54. The second wave of globalization (1950-present) has led instead to an increase in the...
View ArticleExcess Volatility: Beyond Discount Rates -- by Stefano Giglio, Bryan Kelly
We document a form of excess volatility that is irreconcilable with standard models of prices, even after accounting for variation in discount rates. We compare prices of claims on the same cash flow...
View ArticleSafe Asset Scarcity and Aggregate Demand -- by Ricardo J. Caballero, Emmanuel...
We explore the consequences of safe asset scarcity on aggregate demand in a stylized IS-LM/Mundell Fleming environment. Acute safe asset scarcity forces the economy into a "safety trap" recession. In...
View ArticleEstimating Social Preferences and Gift Exchange at Work -- by Stefano...
We design a model-based field experiment to estimate the nature and magnitude of workers' social preferences towards their employers. We hire 446 workers for a one-time task. Within worker, we vary (i)...
View ArticleThe Long-Run Effects of Disruptive Peers -- by Scott E. Carrell, Mark...
A large and growing literature has documented the importance of peer effects in education. However, there is relatively little evidence on the long-run educational and labor market consequences of...
View ArticleOffshoring and Labor Markets -- by David Hummels, Jakob R. Munch, Chong Xiang
We survey the recent empirical literature on the effects of offshoring on wages, employment and displacement. We start with the measurement of offshoring, focusing on the use of imported inputs that...
View ArticleNet Neutrality, Pricing Instruments and Incentives -- by Joshua S. Gans,...
We correct and extend the results of Gans (2015) regarding the effects of net neutrality regulation on equilibrium outcomes in settings where a content provider sells its services to consumers for a...
View ArticleTransparency and Negotiated Prices: The Value of Information in...
We empirically examine the role of information in business-to-business bargaining between hospitals and suppliers of medical technologies. Using a new data set including all purchase orders issued by...
View ArticleA Theory of Bidding Dynamics and Deadlines in Online Retail -- by Dominic...
We present an equilibrium search model that parsimoniously rationalizes the use of auctions as a sales mechanism for new-in-box goods--a frequent occurrence in online retail markets--and analyze...
View ArticleSubsidies and Structure: The Lasting Impact of the Hill-Burton Program on the...
The hospital industry is one of the most important industries in the U.S., and industry structure can have profound effects on the functioning of markets. Using county-level panel data, we study the...
View ArticleHow Did Pre-Fed Banking Panics End? -- by Gary Gorton, Ellis W. Tallman
How did pre-Fed banking crises end? How did depositors' beliefs change? During the National Banking Era, 1863-1914, banks responded to the severe panics by suspending convertibility, that is, they...
View Article