Category «Economy»

World Bank Releases 2017 Global Economic Prospects Report

“The January 2017 Global Economic Prospects forecasts a subdued recovery in 2017 after the weakest year since the financial crisis. The pickup in growth is expected to come from the receding of obstacles that have recently held back growth among commodity exporters, and from solid domestic demand in commodity importers.  Major emerging economies—including Russia and …

Subjects: Economy, Financial System, Government Documents, Legal Research

2015 American Housing Survey Statistics for Selected Metropolitan Areas

“This release of statistics from the 2015 American Housing Survey includes summary tables for the 15 largest metropolitan areas and 10 additional metropolitan areas.  The 2015 American Housing Survey examined many characteristics, including: Housing costs for owners and renters. Remodeling and repair frequency. Reasons for moving. Additionally, the latest survey data provide statistics about: Food …

Subjects: Economy, Food and Nutrition, Government Documents, Housing, Poverty

BEA’s API Expands Access to International Services Trade Data

BEA Blog: “The most detailed data on U.S. international trade in services published by the Bureau of Economic Analysis are now accessible through our application programming interface, or API. This includes detailed annual statistics on U.S. trade in services by type of service for 90 countries and areas, including new estimates of trade related to …

Subjects: E-Government, Economy, Financial System, Government Documents, Legal Research

GAO Report – Retirement Security and Risky Investments

Retirement Security: Improved Guidance Could Help Account Owners Understand the Risks of Investing in Unconventional Assets, GAO-17-102: Published: Dec 8, 2016. Publicly Released: Jan 9, 2017. “People who invest their retirement accounts in unconventional assets—such as real estate or virtual currency—may be placing their savings at risk. Retirement accounts allowing such unconventional investments increase owners’ …

Subjects: Economy, Financial System, Government Documents, Legal Research

NYT – Falcons, Drones, Data: A Winery Battles Climate Change

Jackson Family Wines is among California winemakers employing both high-tech and old-school techniques to adapt to hotter, drier conditions: “On a misty autumn morning in Sonoma County, Calif., Katie Jackson headed into the vineyards to assess the harvest. It was late in the season, and an army of field workers was rushing to pick the …

Subjects: Climate Change, Economy, Energy, Environmental Law, Knowledge Management

International Trade and Finance: Overview and Issues for the 115th Congress

CRS report via FAS – International Trade and Finance: Overview and Issues for the 115th Congress. Mary A. Irace, Coordinator. Section Research Manager; Rebecca M. Nelson, Coordinator. Specialist in International Trade and Finance. December 21, 2016. “The U.S. Constitution grants authority to Congress to regulate commerce with foreign nations. Congress exercises this authority in numerous …

Subjects: Congress, Economy, Financial System, Government Documents

Paper – Foreclosure Sales and Recourse

Westrupp, Victor, Foreclosure Sales and Recourse. (September 15, 2016). Available for download at SSRN: https://ssrn.com/abstract=2893468 “I document the imbalance of foreclosure sales with respect to recourse laws applied to primary mortgages in the U.S. using geographic state borders as exogenous variation combined with individual transaction data located close to the border. Under a regression discontinuity …

Subjects: Economy, Financial System, Legal Research

Paper – The Real Effects of NASDAQ Delistings

Liu, Karen, The Real Effects of NASDAQ Delistings (November 14, 2016). Available for download at SSRN: https://ssrn.com/abstract=2893493 “It is claimed that exchange listing of its stock benefits a firm by improving its stock liquidity and access to capital, thereby affecting real decisions and consequent outcome variables. Testing this claim empirically encounters obvious and formidable endogeneity …

Subjects: Economy, Financial System, Legal Research

Office of Government Ethics “has lost contact with Pence-Trump transition”

NBC News: “The office tasked with overseeing ethics and conflicts in the federal government struggled to gain access to leaders of the Trump transition team, and warned Trump aides about making decisions on nominees or blind trusts without ethics guidance, according to new emails obtained by MSNBC. Office of Government Ethics Director Walter Shaub emailed …

Subjects: Congress, Economy, Financial System, Freedom of Information, Government Documents, Legal Research

Report – Food security outcomes deteriorate as Yemen conflict instigates famine

Via The Famine Early Warning Systems Network: “Conflict in Yemen is the primary driver of the largest food security emergency in the world, with 7 to 10 million people in Crisis (IPC Phase 3), or worse, and in need of urgent humanitarian assistance. Of this total, at least two million people are in Emergency (IPC …

Subjects: Economy, Food and Nutrition, Government Documents

Wealth Inequality Among Asian Americans Greater Than Among Whites

Asian American wealth inequality is greater and rising faster than white wealth inequality – Center for American Progress – Christian E. Weller and Jeffrey Thompson December 20, 2016. “The narrative of this year’s U.S. presidential election made clear that Americans are acutely concerned about the widening income inequality in the United States. The distribution of …

Subjects: Economy, Financial System