Day archives: February 24th, 2015

FDIC-Insured Institutions Earned $36.9 Billion in the Fourth Quarter of 2014

FDIC news release: “Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported aggregate net income of $36.9 billion in the fourth quarter of 2014, down $2.9 billion (7.3 percent) from earnings of $39.8 billion that the industry reported a year earlier. The decline in earnings was mainly attributable to a …

Subjects: Economy, Financial System, Government Documents

Hoard Behavior During Commodity Bubbles

de Paula, Aureo and Hong, Harrison G. and Singh, Vishal, Hoard Behavior During Commodity Bubbles (February 2015). CEPR Discussion Paper No. DP10441. Available for download at SSRN: http://ssrn.com/abstract=2569270 “Hoarding by large speculators is often blamed for contributing to commodity market panics and bubbles. Using supermarket scanner data on US household purchases during the 2008 Rice …

Subjects: Economy, Financial System, Government Documents

Hawks and Doves at the FOMC

Eijffinger, Sylvester C. W. and Mahieu, Ronald and Raes, Louis, Hawks and Doves at the FOMC (February 2015). CEPR Discussion Paper No. DP10442. Available for download at SSRN: http://ssrn.com/abstract=2569271 “In this paper we estimate ideal points of Bank Presidents and Board Governors at the FOMC. We use stated preferences from FOMC transcipts and estimate a …

Subjects: Economy, Financial System, Government Documents

Process Systems Engineering as a Modeling Paradigm for Analyzing Systemic Risk in Financial Networks

Office of Financial Research (OFR) Working Paper Series, February 11, 2015: “Financial instability often results from positive feedback loops intrinsic to the operation of the financial system. The challenging task of identifying, modeling, and analyzing the causes and effects of such feedback loops requires a proper systems engineering perspective lacking in the remedies proposed in …

Subjects: Economy, Financial System, Government Documents

HBR – What Millennials Want from Work, Charted Across the World

Harvard Business Review – Henrik Bresman, February 23, 2015: “As more Millennials assume leadership positions around the world, organizations are becoming increasingly concerned with how to ensure their success. However, most existing research on those born between the early ‘80s and late ‘90s is skewed toward understanding what a narrow, typically Western, population wants. Conclusions …

Subjects: Economy, Knowledge Management

Financial Regulators Issue Guidance Encouraging Youth Savings Programs

“Five federal financial regulatory agencies today issued guidance to encourage federally insured depository institutions to offer youth savings programs to expand the financial capability of young people. The guidance also provides answers to frequently asked questions related to the establishment of these programs. Many financial institutions already collaborate with schools to establish programs that allow …

Subjects: Economy, Financial System, Government Documents

Alaska Leads U.S. States in Well-Being for First Time

“This story is part of Gallup’s annual “State of the States” series, which reveals state-by-state differences on political, economic, religion and well-being measures.” “WASHINGTON, D.C. — Alaska residents had the highest well-being in the nation in 2014, reaching the top spot for the first time since Gallup and Healthways began tracking well-being in 2008. West …

Subjects: Economy, Health Care

Can the FCC Attract a Full House for the 2016 Broadcast Incentive Auction?

Kagan Media Appraisals: “Our assignment was to prepare an analysis of the financial capacity and competitive appetite of the wireless carriers, in particular AT&T and Verizon, to fully participate in back-to-back AWS-3 and 600 MHz Incentive auctions, assuming a 2016 start date for the 600 MHz Incentive Auction. This report is for informational purposes only …

Subjects: Economy, Financial System, Government Documents

The Geography of Economic Segregation in America’s Metros

“The MPI aims to deepen our understanding of economic prosperity. Housed at the University of Toronto’s Rotman School of Management, MPI’s mission is to develop a new understanding of, and inform, the broader public conversation about shared and sustainable prosperity that should be an essential part of democratic capitalism.” “Americans have become increasingly sorted over …

Subjects: Economy, Housing, Poverty

New GAO Reports – DOD Acquisition Reform, Drug-Impaired Driving

Acquisition Reform: DOD Should Streamline Its Decision-Making Process for Weapon Systems to Reduce Inefficiencies, GAO-15-192: Published: Feb 24, 2015. Publicly Released: Feb 24, 2015. Drug-Impaired Driving: Additional Support Needed for Public Awareness Initiatives, GAO-15-293: Published: Feb 24, 2015. Publicly Released: Feb 24, 2015.

Subjects: Defense, Government Documents, Health Care

CRI/CIR advises Belgian Privacy Commission in Facebook investigation

“In December 2014, Facebook announced that it would revise its Data Use Policy and Terms of Service. At the request of the Belgian Privacy Commission, ICRI/CIR (KU Leuven), in cooperation with iMinds-SMIT (Vrije Universiteit Brussel) conducted an extensive analysis of Facebook’s revised policies and terms. Facebook rolled out its new policies and terms on January …

Subjects: E-Commerce, EU Data Protection, Government Documents, Privacy, Social Media

Violence and harassment in European workplaces: Extent, impacts and policies

Eurofound (2015), Violence and harassment in European workplaces: Extent, impacts and policies. Dublin. “This report presents the extent of workplace violence and harassment in the EU28 and Norway. It is based on national – level surveys conducted between 2009 and 2013, as well as on results from Eurofound’s fifth European Working Conditions Survey (EWCS). It …

Subjects: Civil Liberties, Legal Research