CDT – “Greg Nojeim’s testimony for the January 28th hearing before the Senate Homeland Security and Government Affairs Committee on Protecting America from Cyber Attacks. He will explain how Congress can embrace cybersecurity information sharing policies with appropriate authorities and safeguards that enhance both privacy and security, first describing the cybersecurity threat then identifying different approaches to encouraging information sharing as well as the essential civil liberties attributes of a successful information sharing policy.”
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Daily Archives: January 29, 2015
Never trust a corporation to do a library’s job
Andy Baio, The Medium: “Two months ago, Larry Page said the company’s outgrown its 14-year-old mission statement. Its ambitions have grown, and its priorities have shifted. Google in 2015 is focused on the present and future. Its social and mobile efforts, experiments with robotics and artificial intelligence, self-driving vehicles and fiberoptics. As it turns out,… Continue Reading
Do We Know Why Earnings Fall with Job Displacement?
By William J. Carrington (CBO) and Bruce C. Fallick (Federal Reserve Bank of Cleveland). CBO Working Paper: 2015-01. “After being displaced from their jobs, workers experience reduced earnings for many years and are at greater risks of other problems as well. The ills suffered by displaced workers motivated several recent expansions of government programs, including… Continue Reading
Revised Pillar 3 disclosure requirements
“The revisions to the disclosure requirements address shortcomings in Pillar 3 of the Basel framework. The revised disclosure requirements will enable market participants to better compare banks’ disclosures of risk-weighted assets. They form part of the Committee’s broader agenda to reform regulatory standards for banks in response to the global financial crisis. The revisions notably… Continue Reading
Bank capital shock propagation via syndicated interconnectedness
Bank capital shock propagation via syndicated interconnectedness by Makoto Nirei, Julián Caballero and Vladyslav Sushko, Working Papers No 484 January 2015. “Loan syndication increases bank interconnectedness through co-lending relationships. We study the financial stability implications of such dependency on syndicate partners in the presence of shocks to banks’ capital. Model simulations in a network setting… Continue Reading
Residential Vacancies and Homeownership in the Fourth Quarter 2014
“The Housing Vacancies and Homeownership provides current information on the rental and homeowner vacancy rates, and characteristics of units available for occupancy. These data are used extensively by public and private sector organizations to evaluate the need for new housing programs and initiatives. In addition, the rental vacancy rate is a component of the index… Continue Reading
The Legacy of TARP’s Bank Bailout Known as the Capital Purchase Program
“While Treasury is in the process of conducting its final auctions of its TARP stake in community banks to private entities in a desire to end the bank bailout known as the Capital Purchase Program (“CPP”), it is important to examine the lessons learned from the program. CPP was the first TARP program, much has… Continue Reading
The moral footprint of animal products
Agriculture and Human Values Journal of the Agriculture, Food, and Human Values Society. The moral footprint of animal products – Krzysztof Saja. “Most ethical discussions about diet are focused on the justification of specific kinds of products rather than an individual assessment of the moral footprint of eating products of certain animal species. This way of… Continue Reading
