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NYT DealBook: “Last year was tough for the swing-for-the-fences hedge fund managers who became synonymous with money-making in years past. Yet the top 25 hedge fund managers still took home nearly $13 billion in 2015, according to an annual ranking by Institutional Investor’s Alpha magazine. The pay estimates are based on the value of each …
Reusens, Peter and Croux, Christophe, Sovereign Credit Rating Determinants: The Impact of the European Debt Crisis (April 2016). Available for download at SSRN: http://ssrn.com/abstract=2777491 “This paper compares the importance of different sovereign credit rating determinants over time, using a sample of 90 countries for the years 2002-2015. Applying the composite marginal likelihood approach, we estimate …
“As extreme drought continues to hit much of Sub-Saharan Africa, leaving millions of people in need of emergency assistance, a new report led by the World Bank focuses on interventions that could increase long term resilience to drought. Launched at the First Great Green Wall Conference held in Dakar, the report Confronting Drought in Africa’s …
Computers Gone Wild: Impact and Implications of Developments in Artificial Intelligence on Society May 9, 2016 The following summary was written by Samantha Bates: “The second “Computers Gone Wild: Impact and Implications of Developments in Artificial Intelligence on Society” workshop took place on February 19, 2016 at Harvard Law School. Marin Soljačić, Max Tegmark, Bruce …
CBO: “H.R. 4894 would repeal title II of the Dodd-Frank Wall Street Reform Act of 2010. That title provides the Federal Deposit Insurance Corporation (FDIC) with the authority and funding through the Orderly Liquidation Fund (OLF) to liquidate large, systemically important financial firms (including banks and nonbank firms) that become or are in danger of …
CBO: “In 2014, there were 38 million men in the United States between the ages of 18 and 34; about 5 million of those young men were jobless, and 1 million were incarcerated. Those numbers and some related longer-term trends have significant economic and budgetary implications. Young men who are jobless or incarcerated can be …
Follow up to previous posting – ICIJ to Release Panama Papers Offshore Companies Data – today’s news – Offshore Leaks Database – Find out who’s behind almost 320,000 offshore companies and trusts from the Panama Papers and the Offshore Leaks investigations – accompanied by the following warning: “There are legitimate uses for offshore companies and …
Fertility of women in the NLSY79: “This article uses data from the National Longitudinal Survey of Youth 1979 (NLSY79)—a survey of people born between 1957 and 1964—to examine the fertility patterns of women up to age 46. Women in the NLSY79 cohort have two children, on average, and more than 80 percent of them give …
Force Structure: Performance Measures Needed to Better Implement the Recommendations of the National Commission on the Structure of the Air Force, GAO-16-405: Published: May 6, 2016. Publicly Released: May 6, 2016. Medicaid Program Integrity: Improved Guidance Needed to Better Support Efforts to Screen Managed Care Providers, GAO-16-402: Published: Apr 22, 2016. Publicly Released: May 6, …
Retirement Security: Low Defined Contribution Savings May Pose Challenges, GAO-16-408: Published: May 5, 2016. Publicly Released: May 5, 2016. “An estimated 40 percent of all U.S. households had some retirement savings in a defined contribution (DC) plan, such as a 401(k) plan, in 2013, and account balances varied by household income and race in recent …
Via EIA: “For decades, hydraulic fracturing had been referred to as an unconventional completion technique, but over the past 10 years it has become the technique by which most natural gas is produced in the United States. Based on the most recent data from states, EIA estimates that natural gas production from hydraulically fractured wells …
American Action Forum – Ben Gitis, Jacqueline Varas Executive Summary: “We build on previous American Action Forum (AAF) research that found removing all undocumented immigrants from the United States and preventing all future unlawful entry would cost between $400 billion and $600 billion and reduce real gross domestic product (GDP) by over $1 trillion. In …
