Accurate, Focused Research on Law, Technology and Knowledge Discovery With Daily Postings Since 2002
Chakrabarty, Bidisha and Moulton, Pamela C. and Wang, Xu (Frank), Attention Effects in a High-Frequency World (July 23, 2015). Available for download at SSRN: http://ssrn.com/abstract=2634621 “How does limited attention affect stock prices in today’s computer-driven financial markets? We study this issue by re-examining the effects of limited attention using a dataset that separately identifies trades …
“Economic, fiscal and employment policies – Recommendations to the member states – The Council issued country-specific recommendations and opinions on the economic, fiscal and employment policies planned by the member states, as well as a specific recommendation on the economic policies of the euro area. Adoption of the texts, following their endorsement by the European …
The New Yorker: “The waves of the Pacific seem to taunt the thirsty landscape of California. The state has eight hundred and forty miles of coastline adjoining the world’s largest ocean—an oversupply of brine at a time when drought has left fallow more than half a million acres of farmland, claimed some twenty thousand jobs, …
“Economic projections prepared by Federal Reserve Board staff as background for the June 16-17, 2015, meeting of the Federal Open Market Committee (FOMC) were inadvertently included in a computer file posted to the Board’s public website on June 29. Because the information has already been released, the Federal Reserve is today providing general public notification …
Census: “The first observance of Labor Day was likely on Sept. 5, 1882, when some 10,000 workers assembled in New York City for a parade. That celebration inspired similar events across the country, and by 1894 more than half the states were observing a “workingmen’s holiday” on one day or another. Later that year, with …
IRS Is Scaling Back Activities and Using Budget Flexibilities to Absorb Funding Cuts, GAO-15-624: Published: Jun 24, 2015. Publicly Released: Jul 24, 2015: “Internal Revenue Service (IRS) total appropriations declined from a high of $12.1 billion in fiscal year 2010 to $11.3 billion in fiscal year 2014, a reduction of about 7 percent. GAO selected …
re/code: “The Bloomberg terminal makes up a significant part of the world’s financial nervous system. The machine is parked on the desks of over 325,000 financial pros who pay $24,000 a year to use it. And while it’s packed with data and news, its most popular feature by far is its instant messaging function, which traders from thousands of different banks and …
Institute for Economics and Peace – Peacefulness in Europe reaches an historic high – The Middle East is spiralling into deepening violence – See The 2015 Global Peace Index “Many OECD countries reached historically high levels of peace, boosted by reductions in homicide rates, levels of military expenditure and military engagements. Iceland tops the Index as …
“Kochav, Yair and Spivak, Avia and Strawczynski, Michel, Human Capital, Educational Levels and Growth (July 21, 2015). Available for download at SSRN: http://ssrn.com/abstract=2634006 “This paper analyzes the transition of countries between educational levels in the period 1970-2010 in order to assess the contribution of human capital to the increase of GDP per employee. Using a …
Transactional Records Access Clearinghouse: “The latest available data from the federal courts show that during June 2015 the government reported 18 new “banks and banking” civil filings. This number has been trending downward since new filings peaked at 79 during November of 2011. If filings continue at the same pace during the remainder of this …
Swiss Re: “Publication finds that the number of recalls per year in the US has almost doubled since 2002 Food contamination costs US health authorities USD 15.6 billion per year; nearly 9 million Americans became sick from contaminated food in 2013 alone Half of all food recalls cost the affected companies more than USD 10 …
“The Social Security Board of Trustees today released its annual report on the long-term financial status of the Social Security Trust Funds. The combined asset reserves of the Old-Age and Survivors Insurance, and Disability Insurance (OASDI) Trust Funds are projected to become depleted in 2034, one year later than projected last year, with 79 percent …
