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Subject: Milken Institute Monthly - July 2015
Date: Thu, 16 Jul 2015 18:04:15 +0000
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Milken Institute July 2015
L
Just Released: Milken Institute Review
In this issue, Claudia Goldin explains why the gender gap in pay persists in spite of decisive
gains in women's skills and experience. Tomas Philipson proposes two new sorts of financial
derivatives to manage risk and increase capital for drug development. Frank Rose tums a gimlet
eye on the "attention economy"—and, in particular, on how efforts to measure the impact of
Internet content are undermining the medium. More >>
Download & read the MI Review a
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Read about 21st Century Cures
U.S. House Votes YES on 21st Century Cures to Improve Odds
for Patients
After an extraordinarily inclusive 18-month legislative process, the 21st Century Cures Act
overwhelmingly passed in the U.S. House of Representatives. The bill represents the historic
coming together of the biomedical research ecosystem and the federal government — across
sectors, diseases and political parties — to accelerate the pace of progress for patients.
Read more »
Read the report Macroprudential Policy:
Silver Bullet or Refighting the Last War?
By Claude Lopez. Donald Markwardt arid Keith Savard
In this report, we explore the emerging macroprudential policy
discussion and the implications for broader monetary policy.
Read the report
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i;.] View the index Global Opportunity Index:
Attracting Foreign Investment
By Heather Wickramarachi and Keith Savard
The Milken Institute's Global Opportunity Index provides
policymakers and investors vital information. How can governments
best attract investment, expand economies and accelerate job
creation? What do investors need to know before committing
resources?
View the full rankings & data site g
Read the report Framing the Issues: De-Risking and Its Consequences
for Global Commerce and the Financial System
By Staci Warden
On March 4, 2015, the Milken Institute Center for Financial Markets
(CFM) hosted a day-long roundtable with AML/CFT policymakers,
regulators, financial institutions, affected parties, and experts. This
summary presents a number of ideas and approaches that merit
further exploration.
Read the report
UPCOMING EVENTS
_ ;Asia Summit London
Summit
Milken Institute Asia Summit Milken Institute London Summit
September 17-18, 2015 - Singapore October 12-13, 2015 — London
BUZZWORTHY VIDEO
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Watch the video
Who Gets What —and Why:
The New Economics of Matchmaking and Market Design
Alvin E. Roth, McCaw professor of economics at Stanford University and Nobel laureate
Moderated by Peter Passell, editor of the Milken Institute Review
INSIGHTS FROM INSTITUTE EXPERTS
Rethinking Appraisals in a Modernized Housing Finance System
By Ed DeMarco
Milken Institute Senior Fellow Ed DeMarco considers the recent evolution of the home appraisal
industry and its role in a future housing finance system that relies on private capital. He explores
the issues facing the industry, including content, standards and regulation. More »
Testimony: Examining the Designation and Regulation of Bank
Holding Company SIFIs
By James R. Barth
Read the full testimony »
Testimony: What's in it for the United States? On the Constitutionality
and Legitimacy of the FSB (and International Financial Regulation)
By Chris Brummer
Read the full testimony »
Do Relationships With Banks Still Matter?
B; Jackson Mueller
Can the close relationship banks have had with small and mid-sized businesses survive the
challenges posed by new, nontraditional lenders and heightened regulation? More »
Chinese Equities: What Goes Up Must Come Down
B; Keith Savard
Chinese officials are scrambling to prevent a complete meltdown in stocks. In one of their latest
actions, securities regulators banned major shareholders, corporate executives and directors
from selling stakes in listed companies for six months. More >>
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