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Category Archives: Financial System

Transportation and Warehousing Sector Drives Nonemployer Business Growth

“The number of businesses without paid employees rose by 831,317 or 3.6 percent to 23.8 million establishments from 2013 to 2014. Businesses without paid employees, such as operating a family-run corner store, acting as a real estate agent, pet sitting, blogging, and snowplowing, are refered to as nonemployer businesses. The transportation and warehousing sector (NAICSContinue Reading

Defense Divided: Overcoming the Challenges of Overseas Contingency Operations

Stimson Center: “As the wars in Iraq and Afghanistan have drawn down, the Overseas Contingency Operations (OCO) budget, initially intended for “emergency” war funding, has been used increasingly for purposes far afield of its original design. Despite troop withdrawals and recapitalization of the equipment used in the wars, large amounts of defense spending have continued to be assignedContinue Reading

Household Debt Steps Up, Delinquencies Drop

“The Federal Reserve Bank of New York’s Household Debt and Credit Report provides a quarterly snapshot of household trends in borrowing and indebtedness, including data about mortgages, student loans, credit cards, auto loans and delinquencies. The report aims to help community groups, small businesses, state and local governments and the public to better understand, monitorContinue Reading

New on LLRX – New Economy Resources 2016

Via LLRX.com – New Economy Resources 2016 – This guide by Marcus Zillman aggregates significant actionable sources for researchers focused on the “new economy,” including current and historical government data, analytics and alerts from Open Source providers, the private sector, and the legislative and regulatory sectors.

U.S.-EU Data Privacy: From Safe Harbor to Privacy Shield

Via FAS – CRS report, U.S.-EU Data Privacy: From Safe Harbor to Privacy Shield, Martin A. Weiss, Specialist in International Trade and Finance; Kristin Archick; Specialist in European Affairs. May 19, 2016. “Both the United States and the European Union (EU) maintain that they are committed to upholding individual privacy rights and ensuring the protectionContinue Reading

CRS – Federal Reserve: Legislation in the 114th Congress

Federal Reserve: Legislation in the 114th Congress, Marc Labonte, Specialist in Macroeconomic Policy. May 19, 2016. “The Federal Reserve (Fed) is the subject of legislation being considered in the 114th Congress. These bills contain wide-ranging provisions that can be grouped into four broad categories: Changes to Fed governance. Some proposals would change the Fed’s institutionalContinue Reading

How Effective Are Macroprudential Policies? An Empirical Investigation

Liberty Street Economics – NY Fed: “Macroprudential policy tools include caps on loan-to-value (LTV) ratios for housing loans, caps on debt service-to-income (DSTI) ratios, and quantitative limits on mortgages. Other tools include time-varying capital requirements (CR), loan loss provisioning (LP), consumer loan limits, and credit growth ceilings. Note that CRs are often implemented by adjustingContinue Reading

The Richest Person in Each State

Via MentalFloss – data from Forbes: “Last month Forbes put out a list of the richest people in each state. Some were obvious, like Bill Gates in Washington ($78.8 billion) or Warren Buffett in Nebraska ($70.2 billion). Other states, like Delaware, involved a little more digging by journalists Dan Alexander, Kerry Close, Maggie McGrath, Chase Peterson-Withorn,Continue Reading

Resource Investment in Competitive Markets

Resource Investment in Competitive Markets – PJM Interconnection, May 5, 2016 Executive Summary – “Organized wholesale electricity markets were created to address burgeoning costs of new power generation under the traditional regulatory scheme and to encourage innovation through free-enterprise competition. The discipline of the marketplace promised lower costs and greater efficiencies. Two decades of experienceContinue Reading

Know Your Worth: Angel Financing of Female Entrepreneurial Ventures

Poczter, Sharon and Shapsis, Melanie, Know Your Worth: Angel Financing of Female Entrepreneurial Ventures (May 19, 2016). Available for download at SSRN: http://ssrn.com/abstract=2782266 “This study explores success rates in angel financing based on the gender composition of entrepreneurial teams using unique, hand-collected data from the television program Shark Tank. We find that the likelihood ofContinue Reading

Intellectual Property in Asia: ASEAN, East Asia and India

Antons, Christoph, Intellectual Property in Asia: ASEAN, East Asia and India (May 19, 2016). The Oxford Handbook of Intellectual Property Law, Rochelle Dreyfuss and Justine Pila (eds), Oxford University Press, Forthcoming. Available for download at SSRN: http://ssrn.com/abstract=2782263 “This paper covers parts of Asia with very significant recent developments in intellectual property (IP) law. IP reformContinue Reading

Reining in the Big Promise of Big Data: Transparency, Inequality, and New Regulatory Frontiers

Hacker, Philipp and Petkova, Bilyana, Reining in the Big Promise of Big Data: Transparency, Inequality, and New Regulatory Frontiers (May 2, 2016). Available for download at SSRN: http://ssrn.com/abstract=2773527 “The growing differentiation of services based on Big Data harbors the potential for both greater societal inequality and for greater equality. Anti-discrimination law and transparency alone, however,Continue Reading