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The financial cycle and macroeconomics: What have we learnt? by Claudio Borio. Working Papers No 395, December 2012 “It is high time we rediscovered the role of the financial cycle in macroeconomics. In the environment that has prevailed for at least three decades now, it is not possible to understand business fluctuations and the corresponding …
Systematic monetary policy and the forward premium puzzle, by Demosthenes N. Tambakis and Nikola Tarashev. Working Papers No 396, December 2012 “Is systematic monetary policy a driver of the forward premium puzzle, i.e. the tendency of high interest-rate currencies to appreciate, thus strongly violating Uncovered Interest Parity (UIP)? We address this question by studying a …
CRS – Taxes and the Economy: An Economic Analysis of the Top Tax Rates Since 1945 (Updated), Thomas L. Hungerford, Specialist in Public Finance. December 12, 2012 “Income tax rates are at the center of many recent policy debates over taxes. Some policymakers argue that raising tax rates, especially on higher income taxpayers, to increase …
ECB Statistics Pocket Book December 2012: “Online access to data and metadata – “For series included in the Statistics Pocket Book, methodologies and descriptions of metadata are available in the ECBs Statistical Data Warehouse (SDW), at http://sdw.ecb.europa.eu. The latest available data for the series published in the Pocket Book are presented in a …
CRS – Presidential Appointee Positions Requiring Senate Confirmation and Committees Handling Nominations, November 15, 2012 “This report identifies, by Senate committee, presidentially appointed positions requiring Senate confirmation based on referrals as of the date of passage of S. 679, which became P.L. 112-166 on August 10, 2012. This public law removed numerous presidentially appointed positions …
“Social networking has spread around the world with remarkable speed. In countries such as Britain, the United States, Russia, the Czech Republic and Spain, about half of all adults now use Facebook and similar websites. These sites are also popular in many lower-income nations, where, once people have access to the internet, they tend to …
Presidential Reorganization Authority: History, Recent Initiatives, and Options for Congress, December 11, 2012: “On January 13, 2012, President Barack Obama announced that he would ask Congress to reinstate so-called presidential reorganization authority, and his Administration conveyed a legislative proposal that would renew this authority to Congress on February 16, 2012. Bills based on the proposed …
Mineral Resources – Mineral Volume, Value, and Revenue, GAO-13-45R, Nov 15, 2012 DOD Financial Management – Actions Needed to Address Deficiencies in Controls over Army Active Duty Military Payroll, GAO-13-28, Dec 12, 2012 Higher Education – A Small Percentage of Families Save in 529 Plans, GAO-13-64, Dec 12, 2012 Federal Contracting – Slow Start to …
Curt Hopkins for The Daily Dot: “When a user deletes an email in the normal fashion, it becomes invisible to that user and is immediately a candidate to be overwritten. But until it is in fact overwritten, it exists. And it may persist longer on company servers. So, even if it is taken off your …
“Expenditures on travel for pleasure declined sharply in response to the recent recession, and had not yet fully recovered by 2011. In 2008, the first full year of the recent recession, consumers reported expenditures that were almost 3.5 percent lower than those reported in 2007. Reported expenditures declined another 9.8 percent in 2009, the year …
News release: “The U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) today released a new analysis indicating that highway deaths fell to 32,367 in 2011, marking the lowest level since 1949 and a 1.9 percent decrease from the previous year. The updated 2011 data announced today show the historic downward trend in recent …
National Compensation Survey: Health Plan Provisions in Private Industry in the United States, 2011, U.S. Bureau of Labor Statistics, December 2012 “The National Compensation Survey (NCS) provides comprehensive measures of compensation cost trends, the incidence of benefits, and detailed benefit provisions. This bulletin presents estimates of the detailed provisions of employer-provided health plans in private …
