Category «Economy»

Leveraging Libraries in the 10-Year Capital Plan – NYC

“Now that the de Blasio Administration is breathing new life into the 10-year capital plan, public libraries have an important role to play. In testimony before the City Council’s Committees on Finance, Cultural Affairs & Libraries, CUF research director David Giles lays out what could be done” – This testimony was presented on February 24, …

Subjects: Economy, Education, Internet, Libraries

Worldwide Threat Assessment of the US Intelligence Community – 2015

Statement for the Record Worldwide Threat Assessment of the US Intelligence Community, Senate Armed Services Committee, James R. Clapper, Director of National Intelligence February 26, 2015. Cyber Strategic Assessment – “Cyber threats to US national and economic security are increasing in frequency, scale, sophistication, and severity of impact. The ranges of cyber threat actors, methods …

Subjects: Civil Liberties, Congress, Cybercrime, Cybersecurity, Defense, E-Commerce, Economy, Financial System, Government Documents, ID Theft, Internet, Legal Research, Social Media

Business Cycle Fluctuations and the Distribution of Consumption

De Giorgi, Giacomo and Gambetti, Luca, Business Cycle Fluctuations and the Distribution of Consumption (March 1, 2015). FRB of New York Staff Report No. 716. Available for download at SSRN: http://ssrn.com/abstract=2574395 “This paper sheds new light on the interactions between business cycles and the consumption distribution. We use Consumer Expenditure Survey data and a factor …

Subjects: Economy, Financial System, Government Documents

Credit Scarcity in Developing Countries: An Empirical Investigation Using Brazilian Firm-Level Data

Sant Anna, Andre A and ambrozio, antonio and De Sousa, Felipe Lage and Faleiros, Joao Paulo, Credit Scarcity in Developing Countries: An Empirical Investigation Using Brazilian Firm-Level Data (November 2014). Centro Studi Luca d’Agliano Development Studies Working Paper No. 372. Available at SSRN: http://ssrn.com/abstract=2567328 “The aim of this paper is investigating whether Brazilian industrial firms …

Subjects: Economy, Financial System

Federal Student Aid – Financial Responsibility Composite Scores

“Section 498(c) of the Higher Education Act of 1965, as amended, requires for-profit and non-profit institutions to annually submit audited financial statements to the Department to demonstrate they are maintaining the standards of financial responsibility necessary to participate in the Title IV programs [158 private college colleges failed]. One of many standards, which the Department …

Subjects: Economy, Education, Financial System, Government Documents

Is Your School Spending Less Than Your Neighbor’s?

NY Fed – Is Your School Spending Less Than Your Neighbor’s? Ravi Bhalla and Rajashri Chakrabarti , March 6, 2015. “This morning, the Federal Reserve Bank of New York released a set of interactive visuals that present school spending and its various components—such as instructional spending, instructional support, leadership support, and building services spending—across all …

Subjects: Economy, Education, Financial System, Government Documents

New GAO Reports – Auto Safety, Aviation Security, Visa Programs, TARP

Auto Safety: Status of NHTSA’s Redesign of Its Crashworthiness Data System, GAO-15-334: Published: Mar 6, 2015. Publicly Released: Mar 6, 2015. Aviation Security: TSA Should Take Additional Action to Obtain Stakeholder Input when Modifying the Prohibited Items List, GAO-15-261: Published: Feb 4, 2015. Publicly Released: Mar 6, 2015. H-2A and H-2B Visa Programs: Increased Protections …

Subjects: Defense, Economy, Financial System, Government Documents, Transportation

The Road Towards the Establishment of the European Banking Union

Papanikolaou, Nikolaos I., The Road Towards the Establishment of the European Banking Union (February 28, 2015). Munich Personal RePEc Archive Paper No. 62463. Available for download at SSRN: http://ssrn.com/abstract=2573320 “The rising delinquencies in the U.S. subprime mortgage market in 2006 and the succeeding collapse in housing prices had a considerably negative impact on the functioning …

Subjects: Economy, Financial System, Housing

Team of journalists from 45 countries unearths secret bank accounts maintained for criminals, traffickers, tax dodgers, politicians and celebrities

Banking Giant HSBC Sheltered Murky Cash Linked to Dictators and Arms Dealers – By Gerard Ryle, Will Fitzgibbon, Mar Cabra, Rigoberto Carvajal, Marina Walker Guevara, Martha M. Hamilton and Tom Stites. February 8, 2015. HSBC Private Bank (Suisse) continued to offer services to clients who had been unfavorably named by the United Nations, in court …

Subjects: Economy, Financial System, Legal Research

Price Comparison Websites

Price Comparison Websites, David Ronayne, February 2015. WARWICK ECONOMIC RESEARCH PAPERS. “Price comparison websites are commonly thought to benet consumers by increasing competitive pressure between rms, in turn lowering prices faced by consumers. This article investigates the impact of the introduction of a PCW or ‘web aggregator’ to the market for a homogeneous good. We …

Subjects: E-Commerce, Economy, Internet

Federal Reserve releases results of supervisory bank stress tests

“The largest U.S.-based bank holding companies continue to build their capital levels and to strengthen their ability to lend to households and businesses during a period marked by severe recession and financial market volatility, according to the results of supervisory stress tests announced by the Federal Reserve on Thursday. The most severe hypothetical scenario projects …

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