Monthly archives: October, 2014

Inequality, Participation, and Polarization

Vlaicu, Razvan, Inequality, Participation, and Polarization (October 6, 2014). Available for download at SSRN: http://ssrn.com/abstract=2506295 “The strong co-movement of economic inequality and partisan polarization in the U.S. is typically explained as the result of increased citizen polarization into economic classes or through the presence of a wealth bias in the political process. This paper formalizes an …

Subjects: Economy

Microsoft and Other Firms Pledge to Protect Student Data – NYT

NATASHA SINGER: “A week after California enacted a landmark law restricting the ways education technology companies can use the information they collect about elementary through high school students, a group of leading industry players is pledging to adopt similar data protections nationwide. The 14 companies include: Microsoft; Houghton Mifflin Harcourt, the educational publishing house; Amplify, a developer …

Subjects: E-Commerce, Education, Privacy

Minutes of the Federal Open Market Committee, September 16-17, 2014

“The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on September 16-17, 2014. A summary of economic projections made by Federal Reserve Board members and Reserve Bank presidents for the meeting is also included as an addendum to these minutes. The minutes for …

Subjects: Economy, Financial System, Government Documents

IMF – World Economy Needs Smart Fiscal Policies

“Fiscal policies can help support job creation, though designing the right policies will depend on conditions in individual countries. Job creation sits atop the policy agenda globally. High and persistent levels of unemployment call for a broad policy response, generally encompassing structural reform and other economic policies. While fiscal policy cannot substitute for comprehensive reforms, it …

Subjects: Economy, Financial System, Government Documents

Bank Heterogeneity and Capital Allocation: Evidence from “Fracking” Shocks

New York Fed:  Matthew C. Plosser – “This paper empirically investigates banks’ investment allocations over the recent business cycle. I identify unsolicited deposit shocks resulting from unconventional energy development and estimate bank allocations of these deposits. In the pre-recession period, banks lend 38 percent of incremental deposits; however, during the downturn, banks favor liquid assets and lending …

Subjects: Economy, Financial System

The Global AgeWatch Index 2014

“The world is ageing fast. By 2030, there will be more people over 60 than under 10. Already there are more adults over 60 than children under 5. The Global AgeWatch Index has been developed and constructed by HelpAge International from international data sets drawn from the United Nations Department of Economic and Social Affairs, the World Bank, …

Subjects: Government Documents, Health Care

Community Credit Profiles: Mortgage Markets

New York Fed Overview – Explore Maps: “Community Credit Profiles provide local information on credit access and use to help inform community development policymakers and practitioners. Indicators are updated twice a year at the national, state, and county levels to enable peer comparisons and program and activity benchmarks. Homeownership is a widely acknowledged marker of economic …

Subjects: Economy, Financial System, Government Documents, Housing

Heroin overdose deaths increased in many states through 2012

CDC – “Heroin deaths increased sharply in many states, according to a report of death certificate data from 28 states published by the Centers for Disease Control and Prevention in this week’s Morbidity and Mortality Weekly Report. Despite these findings, still more than twice as many people died from prescription opioid overdoses as died from heroin …

Subjects: Government Documents, Health Care

NSA Releases “12333” Report, Fails to Address Bulk Collection

EPIC: “The NSA released a privacy report on its surveillance activities under 12333, an Executive Order that provides broad authority for data collection. But the report only addresses a narrow aspect of the EO 12333 collection – protections for U.S. persons in the context of targeted signal intelligence activities. The report fails to address bulk collection or …

Subjects: Civil Liberties, Free Speech, Freedom of Information, Government Documents, Privacy

The Global Movement and Tracking of Chemical Manufacturing Equipment

“Dual-use applications for chemical manufacturing equipment have been recognized as a concern for many years, and export-control regulations worldwide are in place as a result. These regulations, in conjunction with the verification and inspection requirements of Article VI of the Chemical Weapons Convention, are designed to support non-proliferation of manufacturing equipment suitable for production of …

Subjects: Defense, Environmental Law, Government Documents

Which Employees Are Delaying Retirement and Why?

Those delaying retirement tend to fit a certain profile, By Steve Nyce. September 25, 2014. “34% of workers under 40 believe that retirement delays among older workers are restricting their career opportunities. Aside from retirement savings, health and stress have the strongest links to retirement timing. Offering employees greater retirement security can help employers cultivate a less …

Subjects: Economy, Financial System