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
Reducing the compliance costs of regulation
In much of the world, property sales are highly regulated and expensive. Using World Bank data, this column shows that while regulators and...
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
