Category «Economy»

The Flash Crash: A New Deconstruction

Aldrich, Eric M. and Grundfest, Joseph and Laughlin, Gregory, The Flash Crash: A New Deconstruction (January 25, 2016). Available at SSRN: http://ssrn.com/abstract=2721922 or http://dx.doi.org/10.2139/ssrn.2721922 “On May 6, 2010, in the span of a mere four and half minutes, the Dow Jones Industrial Average lost approximately 1,000 points. In the following fifteen minutes it recovered essentially …

Subjects: Economy, Financial System, Government Documents, Knowledge Management, Securities Law

CRS – What Does the Gig Economy Mean for Workers?

What Does the Gig Economy Mean for Workers? Sarah A. Donovan, Analyst in Labor Policy; David H. Bradley, Specialist in Labor Economics; Jon O. Shimabukuro; Legislative Attorney. February 5, 2016. “The gig economy is the collection of markets that match providers to consumers on a gig (or job) basis in support of on-demand commerce. In …

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

NY Fed – Survey of Consumer Expectations February 2016

“The New York Fed’s Survey of Consumer Expectations (SCE) provides timely and comprehensive information about consumer expectations through three broad categories: inflation, labor market and household finance. The SCE contains monthly insight about how consumers expect overall inflation and prices for food, gas, housing, education and medical care to change over time. It also provides …

Subjects: Economy, Financial System, Government Documents

Paper – Food Insecurity, Health, and Health Care

Hilary Seligman MD MAS, January 24, 2016. Lead Scientist and Senior Medical Advisor, Feeding America; Associate Professor of Medicine and Epidemiology & Biostatistics, University of California San Francisco; Director, Food Policy, Health, and Hunger Research Program, UCSF’s Center for Vulnerable Populations at San Francisco General Hospital Food Insecurity, Health, and Health Care. “Summary – This …

Subjects: Economy, Food and Nutrition, Government Documents, Health Care

Audited Financial Reporting and Voluntary Disclosure of Corporate Social Responsibility Reports

Chen, Long and Srinidhi, Bin and Tsang, Albert and Yu, Wei, Audited Financial Reporting and Voluntary Disclosure of Corporate Social Responsibility (CSR) Reports (February 5, 2016). Journal of Management Accounting Research, Forthcoming. Available for download at SSRN: http://ssrn.com/abstract=2728587 “Prior studies show that corporate social responsibility (CSR) reporting is informative to investors but lacks credibility. This …

Subjects: Economy, Financial System, Government Documents

Market Valuation of Tax Avoidance and Corporate Social Responsibility

Inger, Kerry Katharine and Vansant, Brian, Market Valuation of Tax Avoidance and Corporate Social Responsibility: Does the Market Discount Corporate Robin Hoods? (January 4, 2016). Available for download at SSRN: http://ssrn.com/abstract=2727952 This study examines whether market valuation of firms’ tax avoidance is tempered by the extent firms engage in Corporate Social Responsibility (CSR) activities. Prior …

Subjects: Economy, Financial System

US International Trade in Goods and Services December 2015

“The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $43.4 billion in December, up $1.1 billion from $42.2 billion in November, revised. December exports were $181.5 billion, $0.5 billion less than November exports. December imports were $224.9 billion, up …

Subjects: Economy, Financial System, Government Documents

By the Numbers: The Costs of War and Peace in the Middle East

World Bank – By the Numbers: The Costs of War and Peace in the Middle East – Five years of war in Syria and spillovers to neighboring countries have cost an estimated $35 billion in output, equivalent to Syria’s GDP in 2007. A new report examines how civil wars are affecting the economies of the …

Subjects: Civil Liberties, Defense, Economy, Education, Financial System, Food and Nutrition, Government Documents, Health Care, Housing

Federal agencies announce proposal creating U.S. seafood traceability program

NOAA news release: “Today, the National Ocean Council Committee to Combat Illegal, Unreported and Unregulated Fishing and Seafood Fraud announced its proposal for creating a U.S. seafood traceability program — the next step the U.S. government is taking to ensure that global seafood resources are sustainably managed and not fraudulently marketed.  The proposal, a major …

Subjects: Economy, Food and Nutrition, Government Documents, Legal Research

State of US Labor Market: Pre-February 2016 Jobs Release

Report via Center for American Progress – “On Friday, February 5, 2016 the U.S. Bureau of Labor Statistics will release the employment report for the month of January. This month’s report will be an important indicator of whether the volatility in financial markets reflects underlying trends in the real economy—specifically, the labor market. With the …

Subjects: Economy, Financial System, Government Documents