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Category Archives: Economy

Brookings Paper – The Emoluments Clause: Its Text, Meaning, and Application to Donald J. Trump

Brookings Paper – The Emoluments Clause: Its Text, Meaning, and Application to Donald J. Trump, December 16, 2016. Norman L. Eisen, Richard Painter and Laurence H. Tribe. Introduction – “Foreign interference in the American political system was among the gravest dangers feared by the Founders of our nation and the Framers of our Constitution. The… Continue Reading

Office of Government Ethics – status of presidential transition

“The plan the [president-elect] has announced doesn’t meet the standards that the best of his nominees are meeting and that every president in the last four decades have met.We can’t risk the perception that government leaders would use their official positions for professional profit. Stepping back from running his business is meaningless from a conflict… Continue Reading

Data drive overview of Washington DC City Bikeshare

tableau public – Washington DC Capital Bikeshare – metadata available from 2011-2017 – “Ridership is highest on weekdays during commuting hours and leisure hours during the weekends.” Continue Reading

World Bank Releases 2017 Global Economic Prospects Report

“The January 2017 Global Economic Prospects forecasts a subdued recovery in 2017 after the weakest year since the financial crisis. The pickup in growth is expected to come from the receding of obstacles that have recently held back growth among commodity exporters, and from solid domestic demand in commodity importers.  Major emerging economies—including Russia and… Continue Reading

2015 American Housing Survey Statistics for Selected Metropolitan Areas

“This release of statistics from the 2015 American Housing Survey includes summary tables for the 15 largest metropolitan areas and 10 additional metropolitan areas.  The 2015 American Housing Survey examined many characteristics, including: Housing costs for owners and renters. Remodeling and repair frequency. Reasons for moving. Additionally, the latest survey data provide statistics about: Food… Continue Reading

BEA’s API Expands Access to International Services Trade Data

BEA Blog: “The most detailed data on U.S. international trade in services published by the Bureau of Economic Analysis are now accessible through our application programming interface, or API. This includes detailed annual statistics on U.S. trade in services by type of service for 90 countries and areas, including new estimates of trade related to… Continue Reading

GAO Report – Retirement Security and Risky Investments

Retirement Security: Improved Guidance Could Help Account Owners Understand the Risks of Investing in Unconventional Assets, GAO-17-102: Published: Dec 8, 2016. Publicly Released: Jan 9, 2017. “People who invest their retirement accounts in unconventional assets—such as real estate or virtual currency—may be placing their savings at risk. Retirement accounts allowing such unconventional investments increase owners’… Continue Reading

NYT – Falcons, Drones, Data: A Winery Battles Climate Change

Jackson Family Wines is among California winemakers employing both high-tech and old-school techniques to adapt to hotter, drier conditions: “On a misty autumn morning in Sonoma County, Calif., Katie Jackson headed into the vineyards to assess the harvest. It was late in the season, and an army of field workers was rushing to pick the… Continue Reading

International Trade and Finance: Overview and Issues for the 115th Congress

CRS report via FAS – International Trade and Finance: Overview and Issues for the 115th Congress. Mary A. Irace, Coordinator. Section Research Manager; Rebecca M. Nelson, Coordinator. Specialist in International Trade and Finance. December 21, 2016. “The U.S. Constitution grants authority to Congress to regulate commerce with foreign nations. Congress exercises this authority in numerous… Continue Reading

Atlantic Council Top 10 Risks 2017

“The Obama-to-Trump transition will be at least as momentous with Europe and Russia also as the backdrop. If the Kennedy years, after this false start, ultimately signaled a segue to what historians now regard as a less dangerous phase of the Cold War, Trump’s coming to power may catapult us to a wholly different kind… Continue Reading

Paper – Foreclosure Sales and Recourse

Westrupp, Victor, Foreclosure Sales and Recourse. (September 15, 2016). Available for download at SSRN: https://ssrn.com/abstract=2893468 “I document the imbalance of foreclosure sales with respect to recourse laws applied to primary mortgages in the U.S. using geographic state borders as exogenous variation combined with individual transaction data located close to the border. Under a regression discontinuity… Continue Reading

Paper – The Real Effects of NASDAQ Delistings

Liu, Karen, The Real Effects of NASDAQ Delistings (November 14, 2016). Available for download at SSRN: https://ssrn.com/abstract=2893493 “It is claimed that exchange listing of its stock benefits a firm by improving its stock liquidity and access to capital, thereby affecting real decisions and consequent outcome variables. Testing this claim empirically encounters obvious and formidable endogeneity… Continue Reading