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Daily Archives: May 6, 2013

Uncertainty, Liquidity Hoarding, and Financial Crises

Tanju Yorulmazer: “One of the most interesting phenomena marking the recent financial crisis was the disruptions in the interbank market, where banks borrow and lend reserves to each other. This post draws upon my paper with Douglas Gale, Liquidity Hoarding, to discuss this practice by banks during times of increased uncertainty about future liquidity needs… Continue Reading

Social Security Report Calls for Increased Attention to the Death Master File

“Today, Senate Homeland Security and Governmental Affairs Committee Chairman Tom Carper (D-Del.), Ranking Member Tom Coburn (R-Okla.), Financial and Contracting Oversight Subcommittee Chairwoman Claire McCaskill (D-Mo.) and Ranking Member Ron Johnson (R-Wis.) highlighted a report detailing troublesome yet preventable errors in the Social Security Administration’s (SSA) master database of deceased individuals. The SSA Office of… Continue Reading

Brookings – Should the United States Have 2.2 Million More Jobs?

Michael Greenstone and Adam Looney, The Hamilton Project | May 3, 2013 – Should the United States Have 2.2 Million More Jobs? “In this month’s employment analysis, The Hamilton Project examines the trajectory of public-sector employment since the onset of the Great Recession and contrasts this decline to periods of economic recovery after previous recessions.… Continue Reading

Military and Security Developments Involving the Democratic People’s Republic of Korea 2012

DOD – Military and Security Developments Involving the Democratic People’s Republic of Korea 2012. A Report to Congress Pursuant to the National Defense Authorization Act for Fiscal Year 2012. “Section 1236 of the National Defense Authorization Act for Fiscal Year 2012, Public Law 112-81, provides that the Secretary of Defense shall submit a report “in… Continue Reading

TRAC – Removal Orders Running 18 Percent Behind Last Year's Pace

Transactional Records Access Clearinghouse: “Immigration Judges are issuing removal orders at a slower pace than last year, according to the latest (April 2013) data obtained and analyzed by the Transactional Records Access Clearinghouse (TRAC). Only 49,462 such orders have been issued during the first seven months of fiscal year 2013. At this rate, by the… Continue Reading

NACUBO – The 2012 Tuition Discounting Study (TDS)

“The 2012 Tuition Discounting Study (TDS) shows a drop in enrollment, a large jump in the discount rate, and falling net tuition revenue for 2011 at private, nonprofit colleges and universities.” See also- MscKinsey & Co.: College for all – Open online courses are changing higher education. Traditional colleges face dangers—and opportunities. May 2013 |… Continue Reading

Who Is Willing to Sacrifice Ethical Values for Money and Social Status?

Who Is Willing to Sacrifice Ethical Values for Money and Social Status? Gender Differences in Reactions to Ethical Compromises. Jessica A. Kennedy, Laura J. Kray. Published online before print March 28, 2013, doi: 10.1177/1948550613482987 Social Psychological and Personality Science March 28, 2013 1948550613482987 “Women select into business school at a lower rate than men and… Continue Reading