Accurate, Focused Research on Law, Technology and Knowledge Discovery With Daily Postings Since 2002
Liu, Estelle Xue and Mattina, Todd and Poghosyan, Tigran, Correcting “Beyond the Cycle:” Accounting for Asset Prices in Structural Fiscal Balances (May 2015). IMF Working Paper No. 15/109. Available at for download SSRN: http://ssrn.com/abstract=2615301 “This paper outlines an operational approach for incorporating the impact of asset price cycles in the calculation of structural fiscal balances …
“Policymakers and the public have given much attention to economic inequality in the past few years. In general terms, inequality refers to the differences between people with the highest levels of wealth, income, or earnings and those with the lowest levels. How big are these differences? Have they grown over time? What other ways do …
Israel: Background and U.S. Relations, Jim Zanotti, Specialist in Middle Eastern Affairs. June 1, 2015. “Since Israel’s founding in 1948, successive U.S. Presidents and many Members of Congress have demonstrated a commitment to Israel’s security and to maintaining close U.S.-Israel cooperation. Common perceptions of shared democratic values and religious affinities have contributed to the strong …
CRS Legal Sidebar USA FREEDOM Act Reinstates Expired USA PATRIOT Act Provisions but Limits Bulk Collection 6/4/2015: “Following a contentious debate and passagein the Senate, the USA FREEDOM Act (H.R. 2048) was signed into law onJune 2, 2015. The new law contains eight titles, spanning a range of national security topics from reauthorizing expired investigative …
Electronic Cigarettes: Imports, Tariffs, and Data Collection, GAO-15-491R: Published: May 7, 2015. Publicly Released: Jun 8, 2015. “Import volume and tariff revenue for electronic cigarettes, known as e-cigarettes, are unknown, because the Harmonized Tariff Schedule of the United States (HTS)—which is used to classify U.S. imports and exports for tariff and other purposes—does not contain …
Bank for International Settlements – Interest rate risk in the banking book – consultative document, June 2015: “The consultative document on the risk management, capital treatment and supervision of interest rate risk in the banking book (IRRBB) expands upon and is intended to ultimately replace the Basel Committee’s 2004 Principles for the management and supervision …
BIS Quarterly Review June 2015 International banking and financial market developments – 167 pages, PDF International banking and financial market developments – Highlights of the BIS international statistics: “Global cross-border claims increased by $11.6 billion between end-September and end-December 2014 on an exchange rate-adjusted basis. Cross-border claims grew at a year-on-year rate of 5%, with …
