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Daily Archives: October 19, 2014

Ebola crisis in West Africa brings hightened focus to need for vaccine

WSJ – Ebola Vaccine Push Ramps Up – After Years of Delay, Researchers Rush to Field Test a Shot to Prevent the Disease

“The world had little interest in Ebola in 1997, which is why cell biologist Nancy J. Sullivan thought she might be able to make a mark. Today, if the scientific world is to have an answer to the world’s severest Ebola outbreak, Dr. Sullivan’s work is likely to be at its center. A senior investigator at the National Institutes of Health’s Vaccine Research Center, Dr. Sullivan has worked for years on a vaccine that has been proven to block Ebola in research monkeys. NIH is now racing to telescope what would have been a five- to 10-year testing plan into a few months. The vaccine is scheduled to undergo full human testing by early 2015 and could be in use potentially in time to help stem the disease in stricken West Africa. There is no assurance this vaccine will work. It has competition from at least one other vaccine, which is running a month or more behind, being tested by the Public Health Agency of Canada and NewLink Genetics Corp. Either one might stop Ebola, or neither. Experimental Ebola drugs are in the works to help treat existing cases. But these are generally in short supply, whereas GlaxoSmithKline PLC, which would be the manufacturer, thinks it could have one million doses of Dr. Sullivan’s vaccine available next year. That means, if all goes well, it could act as a firewall around a raging epidemic.”

The Role of Interbank Relationships and Liquidity Needs

Craig, Ben R. and Fecht, Falko and Tumer-Alkan, Gunseli, The Role of Interbank Relationships and Liquidity Needs (October 17, 2014). FRB of Cleveland Policy Discussion Paper No. 14-21. Available at SSRN: http://ssrn.com/abstract=2511334 “In this paper, we focus on the interconnectedness of banks and the price they pay for liquidity. We assess how the concentration of credit… Continue Reading

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 of… Continue Reading

Beyond Fairness: The Place of Moral Foundations Theory in Mediation and Negotiation

Hyman, Jonathan M., Beyond Fairness: The Place of Moral Foundations Theory in Mediation and Negotiation (October 9, 2014). Nevada Law Journal, Vol. 15, Forthcoming; Rutgers School of Law-Newark Research Paper No. 150. Available for download at SSRN: http://ssrn.com/abstract=2511414 “Intuitive moral judgments pervade mediation and negotiation but are not well understood or managed. People usually experience… Continue 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 and… Continue 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 supporting… Continue Reading

Understand the Cost of Cyber Security Crime

HP Report – Cyber Crime Costs Continue to Grow: “Cyber crimes are growing more common, more costly, and taking longer to resolve. Those are among the findings of the fifth annualCost of Cyber Crime Study conducted by the respected Ponemon Institute on behalf of HP Enterprise Security. The 2014 global study of U.S.-based companies, which spanned… Continue Reading

Security in the New Mobile Ecosystem – Report

“Ponemon Institute and Raytheon are pleased to present the findings of Security in the New Mobile Ecosystem (reg. req’d). The purpose of this research is to examine the impact of mobile devices, mobile apps and the mobile workforce (a.k.a. mobile ecosystem) on the overall security posture of organizations in the United States. Security is sacrificed for productivity.… Continue 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 Mobile… Continue Reading