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  • Fifth International Moscow Finance Conference

    Fifth International Moscow Finance Conference will take place on October 28-29, 2016.
    Programme of the previous conference >>>
  • Professor Bart Taub is now a regular visitor of ICEF and LFE

    Bart Taub, Professor in Finance at the Adam Smith Business School of the University of Glasgow is now a regular visitor of ICEF and LFE. For an interview with Bart, see here. See news about Bart Taub's visit here.
  • Professor Dmitry Livdan from the Haas School of Business at the University of California Berkeley visited ICEF and LFE

    During the month of June, 2015, Dmitry Livdan from the Haas School of Business at the University of California Berkeley has been visiting ICEF and LFE.
  • New publication by Udara Peiris: "Collateral and the efficiency of monetary policy"

    Economic Theory

    This paper argues that in a monetary Real Business Cycle economy where a complete set of nominal contingent claims exist, the requirement to collateralize loans, alone, does not affect the equilibrium allocation when monetary policy is chosen optimally: The Pareto optimal allocation can be supported. Read more

  • New publication by Alexei Boulatov: Robustness of equilibrium in the Kyle model of informed speculation


    Annals of Finance


    We analyze a static Kyle (Continuous auctions and insider trading. Princeton University, Princeton, 1983) model in which a risk-neutral informed trader can use arbitrary (linear or non-linear) deterministic strategies, and a finite number of market makers can use arbitrary pricing rules. Read more

 

The foremost goal of the International Laboratory of Financial Economics (LFE) is to support academic research in finance at best international standards in Russia, particularly but not exclusively with a focus on emerging financial markets.