Latest News
A R (Bob) Nobay Obituary, by David Webb
07/06/2021
Ricardo Reis and Silvana Tenreyro win 2021 Yrjö Jahnsson Award
13/04/2021
Jeff Chwieroth wins ISA award
30/03/2021
Lucien Foldes (1930-2021): A personal recollection
19/03/2021
Charles Goodhart wins Central Banking Lifetime Achievement Award
17/03/2021
Latest Publications
Dark Trading and Alternative Execution Priority Rules
Traders’ choice between lit and dark trading venues depends on market conditions, which are affected by execution priority rules in the dark pool...
DP 834
Speculative and Precautionary Demand for Liquidity in Competitive Banking Markets
We demonstrate that the co-existence of different motives for liquidity preferences profoundly affects the efficiency of financial intermediation...
DP 833
The Market for CEOs
We study the market for CEOs of large publicly-traded US firms, analyze new CEOs’ prior connections to the hiring firm, and explore how hiring choices...
DP 832
Using a mean changing stochastic processes exit-entry model for stock market long-short prediction
Stochastic processes is one of the key operations research tools for analysis of complex phenomenon. This paper has a unique application to the study...
DP 831
