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Global Commission on Internet Governance, The Impact of the Dark Web on Internet Governance and Cyber Security, Michael Chertoff and Tobby Simon, Paper Series: No. 6, February 2015. “With the Internet Corporation for Assigned Names and Numbers’ contract with the United States Department of Commerce due to expire in 2015, the international debate on Internet …
Employee Benefit Research Institute – Employee Tenure Trends, 1983–2014 “The most recent U.S. Census Bureau data show that the overall median tenure of workers—the midpoint of wage and salary workers’ length of employment in their current jobs—was slightly higher in 2014, at 5.5 years, compared with 5.0 years in 1983 However, the median tenure for …
Swedloff, Rick, Risk Classification’s Big Data (R)Evolution (2014). Connecticut Insurance Law Journal, Vol. 21, 2014. Available for download at SSRN: http://ssrn.com/abstract=2566594 “Insurers can no longer ignore the promise that the algorithms driving big data will offer greater predictive accuracy than traditional statistical analysis alone. Big data represents a natural evolutionary advancement of insurers trying to …
“This morning, the Council of Economic Advisers released the 69th-annual Economic Report of the President, which reviews the United States’ accelerating recovery and ways to further support middle-class families as the recovery continues. The economy is recovering from the Great Recession at an increasing pace, growing at an annual rate of 2.8 percent over the past …
Via Katrina Stierholz, Federal Reserve Bank of St. Louis – “additions to FRASER since its relaunch in October 2014 – FRASER – the Federal Reserve Archival System for Economic Research – has added thousands of new items to its free digital library of economics and banking history and offers a wealth of primary and secondary …
[snipped from the full text] “Staff Review of the Financial Situation – Over the intermeeting period, amid trading that was volatile at times, longer-term sovereign yields in the United States and other advanced economies declined. These moves were attributed in part to a deterioration in market sentiment associated with downward pressure on inflation, increased concern …
The (Questionable) Legality of High-Speed “Pinging” and “Front Running” in the Futures Markets, by Gregory Scopino. Connecticut Law Review Volume 47 – Issue. February 2015. “Institutional investors complain that high-frequency trading (HFT) firms engage in high-speed “pinging” and “front running” of their orders for trades. By sending out lightning fast “ping” orders for trades that …
Educational Testing Service – “Recent research reveals an apparent paradox for U.S. millennials (born after 1980, ages 16–34): while they may be on track to be our most educated generation ever, they consistently score below many of their international peers in literacy, numeracy and problem solving in technology-rich environments. Equally troubling is that these findings …
February 12, 2015 – “For nearly four decades, the Congressional Budget Office has prepared economic forecasts that underlie the agency’s projections for the federal budget and cost estimates for proposed federal legislation. In particular, forecasts of output, inflation, interest rates, and income play a significant role in the agency’s budgetary analysis; for example, projections of …
NY Fed news release: “In its Q4 2014 Household Debt and Credit Report, the Federal Reserve Bank of New York announced that outstanding household debt increased $117 billion from the third quarter. The one percent increase puts total household indebtedness at $11.83 trillion as of December 31, 2014. Total debt has gone up $326 billion …
News release: “Can good news actually be bad news when it comes to the effects of global climate change? That is the question Harvard Kennedy School (HKS) Professor Richard Zeckhauser and his co-authors are attempting to answer in a new HKS Faculty Research Working Paper. Their report, titled Climate Sensitivity Uncertainty: When is Good News …
IMF Working Paper WP/15/29 – Till Cordes; Tidiane Kinda; Priscilla S. Muthoora; Anke Weber. February 12, 2015. “This paper provides new evidence on the effectiveness of expenditure rules. The analysis is based on a unique dataset covering all countries with national and supranational fiscal rules, including 33 expenditure rules, between 1985 and 2013. It contributes …
