Paper: Utilidad de mercados predictivos

Prediction Markets for Economic Forecasting Abstract:  Prediction markets — markets used to forecast future events — have been used to accurately forecast the outcome of political contests, sporting events, and, occasionally, economic outcomes. This chapter summarizes the latest research on prediction markets in order to further their utilization by economic forecasters. We show that prediction...+

Paper: La primera sub-prime?

The first sub-prime mortgage crisis and its aftermath  Introduction Financial markets in the years and months leading up to the financial crisis of 2007–08 were characterised by growth in the shadow banking sector, pyramiding and hidden leverage in the consumer and financial sectors, off-balance sheet financing by systemically important firms, and mortgage securitisation and other...+