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“The gap between rich and poor in OECD countries has reached its highest level for over over 30 years, and governments must act quickly to tackle inequality, according to a new OECD report. Divided We Stand: Why Inequality Keeps Rising finds that the average income of the richest 10% is now about nine times that …
Finance and the Economy: Occupy Wall Street in Historical Perspective, Mark Jickling, Specialist in Financial Economics – Sean M. Hoskins, Analyst in Financial Economics, November 14, 2011 “Wall Street and Main Streetthe financial system and the real economy of goods and servicesare bound together. If businesses large and small had to fund investment projects out …
Do Borrower Rights Improve Borrower Outcomes? Evidence from the Foreclosure Process – Kristopher Gerardi, Lauren Lambie-Hanson, and Paul S. Willen, Working Paper 2011-16. November 2011 “Many have argued that laws that give borrowers additional rights can help prevent unnecessary foreclosures by giving borrowers more time to cure their delinquencies or by facilitating workouts. We first …
News release: “An international team of scientists who monitor the rapid changes in the Earths northern polar region say that the Arctic is entering a new state one with warmer air and water temperatures, less summer sea ice and snow cover, and a changed ocean chemistry. This shift is also causing changes in the …
Seasonal Influenza (Flu) – “This week, Dec. 4-10, is National Influenza Vaccination Week (NIVW). NIVW is dedicated to raising awareness about the importance and benefit of continuing flu vaccination through the holiday season and beyond. Vaccination into and after the holidays is not “too late. Flu season typically peaks in January or February, so get …
10 Years After Bonn, Human Rights Situation Remains Critical: “The Afghan government and its allies abroad have failed to make human rights a top priority in the decade since the fall of the Taliban government, leaving Afghans to face an uncertain future, Human Rights Watch said today. The Bonn Agreement, signed on December 5, 2001, …
Department of Veterans Affairs Audit of Retention Incentives for Veterans Health Administration and VA Central Office Employees, November 14, 2011 “VA uses retention incentives to retain employees in hard-to-fill positions and employees who possess high-level or unique qualifications the Department does not want to lose. In FY 2010, VA paid nearly $111 million in retention …
Economic Freedom of North America 2011 – Nathan J. Ashby, Avilia Bueno, and Fred McMahon with Deborah Martinez, November 2011. Fraser Institute. “The index published in Economic Freedom of North America rates economic freedom on a 10-point scale at two levels, the subnational and the all-government. At the all government level, the index captures the …
Resource Adequacy Implications of Forthcoming EPA Air Quality Regulations, December 2011 “This report presents the results of an independent assessment by the U.S. Department of Energy (DOE) of the adequacy of U.S. electric generation resources under air pollution regulations being finalized by the U.S. Environmental Protection Agency (EPA). This report does not estimate the economic …
How Costly Are Debt Crises? Davide Furceri and Aleksandra Zdzienicka, December 01, 2011 “The aim of this paper is to assess the short- and medium-term impact of debt crises on GDP. Using an unbalanced panel of 154 countries from 1970 to 2008, the paper shows that debt crises produce significant and long-lasting output losses, reducing …
Numbers of Doctorates Awarded in the United States Declined in 2010, by Mark K. Fiegener, November 2011, National Science Foundation. “U.S. academic institutions awarded 48,069 research doctorates in 2010, down from 49,554 awards in 2009 and the first decline in doctorates awarded since 2002. The 2010 decline was magnified by the recent reclassification of many …
“Cloud computing is a model for enabling convenient, on-demand network access to a shared pool of configurable computing resources (e.g., networks, servers, storage, applications, and services) that can be rapidly provisioned and released with minimal management effort or service provider interaction. This cloud model promotes availability and is composed of five essential characteristics (On-demand self-service, …
