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Category Archives: Government Documents

Returning to the Nest: Debt and Parental Co-Residence Among Young Adults

Dettling, Lisa J. and Hsu, Joanne W., Returning to the Nest: Debt and Parental Co-Residence Among Young Adults (September 2, 2014). FEDS Working Paper No. 2014-80. Available for download at SSRN: http://ssrn.com/abstract=2511411 “This paper examines the relationship between a young adults’ debt burden and the decision to co-reside with a parent. Using a quarterly panel ofContinue Reading

Female self-employment in the United States: an update to 2012

BLS Monthly Labor Review – October 2014: “This article uses data from the Current Population Survey to examine changes in the demographic and socioeconomic characteristics of self-employed women over the 1993–2012 period. The analysis suggests that these female workers, who represented about one-third of all self-employed individuals in 2012, have weathered recessions relatively well andContinue Reading

Risk Taking, Liquidity, and Shadow Banking: Curbing Excess While Promoting Growth

A Report by the IMF Monetary and Capital Markets Department on Market Developments and Issues, October 2014:  “The October 2014 Global Financial Stability Report (GFSR) finds that six years after the start of the crisis, the global economic recovery continues to rely heavily on accommodative monetary policies in advanced economies. Monetary accommodation remains critical in supportingContinue Reading

Digital Nation Report Shows Rapid Adoption of Mobile Internet Use

“A report released by the U.S. Commerce Department’s National Telecommunications and Information Administration (NTIA) found that Americans are rapidly embracing mobile Internet devices such as smart phones and tablet computers for a wide range of activities beyond just voice communications, such as checking email and using social networks. NTIA’s Exploring the Digital Nation: Embracing the MobileContinue Reading

World Economic Outlook – Legacies, Clouds, Uncertainties

World Economic Outlook, October 2014: “Despite setbacks, an uneven global recovery continues. Largely due to weaker-than-expected global activity in the first half of 2014, the growth forecast for the world economy has been revised downward to 3.3 percent for this year, 0.4 percentage point lower than in the April 2014 World Economic Outlook (WEO). TheContinue Reading

Regulating Capital Flows at Both Ends: Does it Work?

IMF – Atish R. Ghosh; Mahvash Saeed Qureshi; Naotaka Sugawara, October 17, 2014 “This paper examines whether cross-border capital flows can be regulated by imposing capital account restrictions (CARs) in both source and recipient countries, as was originally advocated by John Maynard Keynes and Harry Dexter White. To this end, we use data on bilateralContinue Reading

Billions in Losses if Ebola Not Stopped

“With the latest death toll from Ebola now at 3,439 in the three worst-affected countries of Guinea, Liberia, and Sierra Leone, a new economic impact assessment from the World Bank Group says that if the epidemic was to significantly infect people in neighboring countries, some of which have much larger economies, the two-year regional financialContinue Reading

Recovery of financial market infrastructures – final report

“The Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) have today published a report entitled Recovery of financial market infrastructures. The report provides guidance to financial market infrastructures (FMIs) such as central counterparties (CCPs) on how to develop plans to enable them to recover from threats to their viabilityContinue Reading

Executive Order – Improving the Security of Consumer Financial Transactions

“Given that identity crimes, including credit, debit, and other payment card fraud, continue to be a risk to U.S. economic activity, and given the economic consequences of data breaches, the United States must take further action to enhance the security of data in the financial marketplace. While the U.S. Government’s credit, debit, and other paymentContinue Reading

Perspectives on Inequality and Opportunity from the Survey of Consumer Finances

Chair Janet L. Yellen At the Conference on Economic Opportunity and Inequality, Federal Reserve Bank of Boston, Boston, Massachusetts. October 17, 2014 “The distribution of income and wealth in the United States has been widening more or less steadily for several decades, to a greater extent than in most advanced countries. This trend paused during the Great RecessionContinue Reading

NRC Staff Issues Volume 3 of Yucca Mountain Safety Evaluation Report

News release: “The Nuclear Regulatory Commission staff has published Volume 3 of its safety evaluation  report on the proposed underground geologic nuclear waste repository at Yucca Mountain, Nev. Volume 3 covers the period after a repository at Yucca Mountain would be permanently closed should NRC authorize construction following completion of the remaining steps in the licensing process.Continue Reading

Safeguarding the Personal Information of all People – ODNI

Office of the Director of National Intelligence (ODNI) – Safeguarding the Personal Information of all People, July 2014. “As the President said in his speech on January 17, 2014, “the challenges posed by threats like terrorism, proliferation, and cyber-attacks are not going away any time soon, and for our intelligence community to be effective over theContinue Reading