1. Dani Rodrik points out to a new paper on financial globalisation. The story is same- financial globalisation isn’t that helpful. The team has same members (Eswar Prasad and Ayhan Kose) which had done a superb survey on Financial Globalisation which I covered here.
2. Greg Mankiw points to an article which looks at different views of Bill and Hillary Clinton.
3. Finance Professor points to a paperfrom Fabozzi et al on Collateralized Debt Obligations. Should be good. Fabozzi seldom disappoionts.
4. Financial Rounds has a nice way of explaining the difference between Efficient Market Hypothesis and Adaptive Market Hypothesis. Excellent.