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Nature – Researchers wrestle with a privacy problem – The data contained in tax returns, health and welfare records could be a gold mine for scientists — but only if they can protect people’s identities. “…In the past few years, administrative data have been used to investigate issues ranging from the side effects of vaccines …
“The number of households spending more than 50 percent of their income on rent is expected to rise at least 11 percent from 11.8 million to 13.1 million by 2025, according to new research by Harvard University’s Joint Center for Housing Studies (JCHS) and Enterprise Community Partners Inc (Enterprise). Released [September 21, 2015], Projecting Trends …
“The Business Dynamics Statistics provide annual statistics on establishments, firm startups, and job creation and job loss from 1976 to 2013 by firm size, age, industrial sector, state and metropolitan statistical area. These statistics are part of the U.S. Census Bureau’s effort to enhance understanding of entrepreneurship and innovation in the U.S. and are crucial …
Framing Dependencies Introduced by Underground Commoditization, September 2015 – via the Workshop on the Economics of Information Security 2015. “Internet crime has become increasingly dependent on the underground economy: a loose federation of specialists selling capabilities, services, and resources explicitly tailored to the abuse ecosystem. Through these emerging markets, modern criminal entrepreneurs piece together dozens …
Business in the United States: Who Owns it and How Much Tax They Pay, September 20, 2015 “Pass-through” businesses like partnerships and S-corporations now generate over half of U.S. business income and account for over half of the post-1980 rise in the top- 1% income share. We use administrative tax data from 2011 to identify …
Via LLRX.com – Vermont’s Legislature is Considering Support for Blockchain Technology and Smart Contracts: Bitcoin is a significant disruptive technology with a growing impact on the financial sector and legal sectors, around the world. Alan Rothman expertly educates us on new legislation from Vermont that is intended to move the state towards using blockchain technology …
Jankensgård, Håkan, Walking the Walk: Inside Ownership and Selective Hedging (September 16, 2015). Available for download at SSRN: http://ssrn.com/abstract=2662368 “Firms’ derivative portfolios are largely unpredictable, in the sense that the previous year’s portfolio is a poor predictor of the current one. This unpredictability partly reflects a common corporate practice known as ‘selective hedging’, i.e. adjusting …
Follow up to EPA, California Notify Volkswagen of Clean Air Act Violations – see Dissemination of an Ad hoc announcement according to § 15 WpHG: Volkswagen AG has issued the following information, September 22, 2015: “Volkswagen is working at full speed to clarify irregularities concerning a particular software used in diesel engines. New vehicles from …
Census: “The summary provides quarterly estimates of state and local government tax revenue at a national level, as well as detailed tax revenue data for individual states. This report produces three tables: Tables 1 and 2 include income and sales data, and Table 3 provides tax collections by state.”
“The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on mortgage lending transactions at 7,062 U.S. financial institutions covered by the Home Mortgage Disclosure Act (HMDA). Covered institutions include banks, savings associations, credit unions, and mortgage companies. The HMDA data made available today cover 2014 lending activity, and include applications, originations, …
“The U.S. population is aging. Social Security projections suggest that between 2013 and 2050, the population aged 65 and over will almost double, from 45 million to 86 million. One key driver of population aging is ongoing increases in life expectancy. Average U.S. life expectancy was 67 years for males and 73 years for females …
“This annual survey of employers provides a detailed look at trends in employer-sponsored health coverage including premiums, employee contributions, cost-sharing provisions, and employer opinions. The 2015 survey included almost 2,000 interviews with non-federal public and private firms. Annual premiums for employer-sponsored family health coverage reached $17,545 this year, up 4 percent from last year, with …
