Accurate, Focused Research on Law, Technology and Knowledge Discovery With Daily Postings Since 2002
Ojo, Marianne, Recovering from the Global Financial Crisis: Achieving Financial Stability in Times of Uncertainty (April 4, 2013). Business Expert Press, June 2013. Available at SSRN “Why are some global financial crises more difficult to recover from and overcome than others? What steps are necessary in ensuring that financial stability and recovery is facilitated? What …
“Leaning Against the Wind” and the Timing of Monetary Policy, by Itai Agur, Maria Demertzis. April 03, 2013 “If monetary policy is to aim also at financial stability, how would it change? To analyze this question, this paper develops a general-form framework. Financial stability objectives are shown to make monetary policy more aggressive: in reaction …
IMF Report: “Job creation and growth with inclusion are imperatives that resonate today in every country. While some advanced countries face the challenge of supporting aggregate demand with limited fiscal space in the aftermath of the Great Recession, many countries have to address ways to generate growth and create jobs in the face of the …
EIA: “Energy-related carbon dioxide (CO2) emissions in 2012 were the lowest in the United States since 1994, at 5.3 billion metric tons of CO2 (see figure above). With the exception of 2010, emissions have declined every year since 2007. The largest drop in emissions in 2012 came from coal, which is used almost exclusively for …
Czerney, Keith, Schmidt, Jaime J. and Thompson, Anne, Does Auditor ‘Commentary’ in Unqualified Audit Reports Reflect Financial Misstatement Risk? (April 1, 2013). Available at SSRN “According to auditing standards, explanatory language added at the auditors discretion to unqualified audit reports should not indicate increased financial misstatement risk. However, in practice, an auditor is unlikely to …
News release: “The Internal Revenue Service…issued its annual Dirty Dozen list of tax scams, reminding taxpayers to use caution during tax season to protect themselves against a wide range of schemes ranging from identity theft to return preparer fraud. The Dirty Dozen listing, compiled by the IRS each year, lists a variety of common scams …
Italian Sovereign Spreads: Their Determinants and Pass-through to Bank Funding Costs and Lending Conditions, by Edda Zoli, April 03, 2013 “Volatility in Italian sovereign spreads has increased since mid-2011. This paper finds that news on the euro area debt crisis and country specific events were important drivers of sovereign spreads. Movements in sovereign spreads affect …
