Category «Economy»

Controversy over free journal access database keeps Sci-Hub in legal and research spotlight

Follow up on previous posting – Database of 48 million pirated research papers is focus of litigious revolt against paywalls – see Sci-Hub: research piracy and the public good – The release of millions of journal papers online reflects impatience with an outdated publishing model, says John Willinsky: “The old economy is the impetus behind …

Subjects: Copyright, E-Commerce, Economy, Education, Internet, Knowledge Management, Legal Research, Libraries

Did Liquidity Providers Become Liquidity Seekers? Evidence from the CDS-Bond Basis During the 2008 Financial Crisis

Choi, Jaewon and Shachar, Or, Did Liquidity Providers Become Liquidity Seekers? Evidence from the CDS-Bond Basis During the 2008 Financial Crisis (March 16, 2016). Available for download at SSRN: http://ssrn.com/abstract=2748881 “The misalignment of corporate bond and CDS spreads (the CDS-bond basis) during the 2008 financial crisis is often attributed to dealers shedding inventories when liquidity …

Subjects: Economy, Financial System

Full-time female lawyers continue to earn less than male counterparts

ABA Journal – “Median pay for full-time female lawyers was 77.4 percent of the pay earned by their male counterparts, according to data for 2014 released earlier this month by the U.S. Census Bureau. In all law-related jobs, median pay for female workers in 2014 was 51.6 percent of the pay received by male workers, …

Subjects: Economy, Financial System, Government Documents, Marketing

Taxpayer Interest Income Hits New Low According to Latest IRS Data

“Assertions and questions about alleged income disparity as well as reports of Americans’ stagnant wages have become important aspects of this year’s election debate. You can do your own fact-check on such issues using the free Taxpayer Returns application on the Transactional Records Access Clearinghouse (TRAC) website. This unique tool lets you examine the kinds …

Subjects: Economy, Financial System, Government Documents

Job openings rise to 5.5 million in January; annual hires and quits increase in 2015

“The number of job openings rose to 5.5 million on the last business day of January, the U.S. Bureau of Labor Statistics reported today. Hires declined to 5.0 million while separations edged down to 4.9 million. Within separations, the quits rate was 2.0 percent, and the layoffs and discharges rate was 1.2 percent. This release …

Subjects: Economy, Financial System, Government Documents

Former Presidents: Pensions, Office Allowances, and Other Federal Benefits

CRS Report via FAS – Former Presidents: Pensions, Office Allowances, and Other Federal Benefits, Wendy Ginsberg, Analyst in American National Government; Daniel J. Richardson, Research Assistant, March 16, 2016. “The President’s FY2017 budget request seeks $3,865,000 in appropriations for expenditures for former Presidents, an increase of $588,000 (17.9%) from the FY2016 appropriation level. The increase …

Subjects: Economy, Government Documents, Legal Research, Legislation

Oil and Gas Exploration and Production Lending: Revised Comptroller’s Handbook Booklet

News release: “The Office of the Comptroller of the Currency (OCC) issued today the “Oil and Gas Exploration and Production Lending” booklet of the Comptroller’s Handbook. This revised booklet replaces the “Oil and Gas Production Lending” booklet issued in April 2014. This booklet provides updated guidance to examiners on the risks inherent in lending to …

Subjects: Economy, Energy, Financial System, Government Documents

Federal Reserve issues FOMC statement

Federal Reserve Board and Federal Open Market Committee release economic projections from the March 15-16 FOMC meeting “The attached table and charts released on Wednesday summarize the economic projections and the target federal funds rate projections made by Federal Open Market Committee participants for the March 15-16 meeting. The table will be incorporated into a …

Subjects: Economy, Financial System, Government Documents

IRS Cutbacks Result in Billions in Lost Revenue

“IRS attention to auditing very large and giant corporations has plummeted from FY 2010 through the first five months of FY 2016. This is a consequence of Congress’s continued sharp cuts in IRS budgets, according to a new analysis of agency records by the Transactional Records Access Clearinghouse (TRAC) at Syracuse University.  The likely result: …

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

FY2017 Budget Documents: Internet and GPO Availability

CRS report via FAS – FY2017 Budget Documents: Internet and GPO Availability, Jared C. Nagel, Senior Research Librarian. March 10, 2016. “Every year the President submits a series of volumes to Congress containing the President’s proposed budget for the coming fiscal year. The President’s submission is required on or after the first Monday in January, …

Subjects: Congress, E-Government, Economy, Internet, Knowledge Management, Legal Research, Libraries

Demographic and Economic Profiles of States Holding March 22 Primaries and Caucuses

“Census Release Number: CB16-TPS.77 – In advance of the March 22 primaries and caucuses, the U.S. Census Bureau presents a variety of statistics that give an overall profile of each participating state’s voting-age population and industries. Statistics include: Voting-age population and estimate of eligible voters (i.e., citizens age 18 and older). Breakdown of voting-age population …

Subjects: E-Government, Economy, Government Documents

U.N. Statistical Commission issues draft global indicators framework

Via Fox News: “EXCLUSIVE: Six months after giving birth to a cluster of nebulous Sustainable Development Goals that aim to dramatically change the economic, social and environmental course of the planet, the United Nations is working on a drastic renovation of global data gathering to measure progress against its sweeping international agenda. The result that emerged late last …

Subjects: E-Government, Economy, Education, Financial System, Food and Nutrition, Government Documents, Internet, Knowledge Management, Legal Research, Poverty