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The China factor – “Fifty years of innovations in horsepower, safety, and rider amenities have helped automobile sales grow by an average annual rate of 3 percent since 1964. This is roughly double the rate of global population growth over the same period and makes for a planet with over one billion vehicles on its roads. For …
Why Libraries [Still] Matter – Jonathan Zittrain…”To this day, the Harvard Law School Library, which I direct, claims distinction as the largest academic law library in the world. Volume of volumes was never the whole story, though. Libraries have, over time, inhabited the roles not only of guardians of knowledge, but of curators, and not merely for …
NY Fed – Population Aging, Migration Spillovers, and the Decline in Interstate Migration. November 2014. Number 699. Fatih Karahan and Serena Rhee “Interstate migration in the United States has declined by 50 percent since the mid-1980s. This paper studies the role of the aging population in this long-run decline. We argue that demographic changes trigger a general equilibrium effect in …
The Effect of Work Relationships on Organizational Culture and Commitment, Workforce Mood Tracker Fall 2014. “Globoforce is the leading provider of social recognition solutions, helping companies build strong cultures of engaged employees through the power of thanks. Named one of the Best Workplaces in the US and Ireland by the Great Place To Work Institute, …
CDS and Equity Market Reactions to Stock Issuances in the U.S. Financial Industry: Evidence from the 2002-13 Period. November 2014. Number 697. Marcia Millon Cornett, Hamid Mehran, Kevin Pan, Minh Phan, and Chenyang Wei. “We study market reactions to seasoned equity issuances that were announced by financial companies between 2002 and 2013. To assess the risk and valuation implications of these seasoned …
Supervisory Stress Tests – November 2014. Number 696. Beverly Hirtle and Andreas Lehnert. “This article describes the background, design choices and particular details of stress tests used as part of an overall supervisory regime; that is, their formal integration into the process of the ongoing prudential supervision of banks and other large financial institutions. We then describe how the U.S. …
Announcing Oral Arguments on CourtListener “We’re very excited to announce that CourtListener is currently in the process of rolling out support for Oral Argument audio. This is a feature that we’ve wanted for at least four years — our name is CourtListener, after all — and one that will bring a raft of new features to the project. …
