Category «Economy»

The Deserving Poor, the Family, and the U.S. Welfare System

“The Eleventh Annual W. J. Usery Distinguished Lecture on the American Workplace, was held on Wednesday, October 8, 2014, at the Andrew Young School of Policy Studies. Robert Moffitt, the Krieger-Eisenhower Professor of Economics, Johns Hopkins University [presented] “The Deserving Poor, the Family, and the U.S. Welfare System.” Professor Moffitt’s research focuses on applied microeconometrics …

Subjects: Economy, Financial System, Housing, Poverty

Data breaches of over 1 billion records in 2014

CNBC – “Over a billion personal data records were compromised by cyberattacks in 2014, a new report has revealed, driven by high-profile breaches on Home Depot, JPMorgan and eBay. The 1,023,108,267 records breached in 2014 came from just 1,541 incidents, according to the Breach Level Index report by digital security company Gemalto. It marked a …

Subjects: Cybercrime, Cybersecurity, E-Commerce, Economy, Internet, Privacy

Data-driven journalism project revealed racial disparities in U.S. nursing homes

Jeff Kelly Lowenstein via Storybench – part of the Media Innovation track at Northeastern University’s School of Journalism:  “In 2009, while at The Chicago Reporter, I took a deep look at racial disparities in the quality of care in nursing homes in Chicago, Illinois and nationally. For a project that the Center for Public Integrity published in …

Subjects: Economy, Health Care, Internet, Knowledge Management, Medicine, Poverty

Why Institutions Matter? The Recent Experience of the United States and the European Union

Shachmurove, Yochanan and Kowalski, Tadeusz, Why Institutions Matter? The Recent Experience of the United States and the European Union (February 11, 2015). Available for download at SSRN: http://ssrn.com/abstract=2563820 “This paper assesses the reactions of the United States and the twelve economies of the European Monetary Union (EMU) to the financial crisis of 2008-2009. The rapidly …

Subjects: Economy, Financial System

The Target and Other Financial Data Breaches: Frequently Asked Questions

The Target and Other Financial Data Breaches: Frequently Asked Questions “In November and December of 2013, cybercriminals breached the data security of Target, one of the largest U.S. retail chains, stealing the personal and financial information of millions of customers. On December 19, 2013, Target confirmed that some 40 million credit and debit card account …

Subjects: Congress, Cybercrime, Cybersecurity, E-Commerce, Economy, Internet, Legal Research, Privacy

Monetary Policy and the Federal Reserve: Current Policy and Conditions

Monetary Policy and the Federal Reserve: Current Policy and Conditions. Marc Labonte, Specialist in Macroeconomic Policy. February 9, 2015. “The Federal Reserve (the Fed) defines monetary policy as its actions to influence the availability and cost of money and credit. Because the expectations of market participants play an important role in determining prices and economic …

Subjects: Congress, Economy, Financial System, Government Documents

The Taxation of Social Security Benefits

“About 60 million people received Social Security benefits in 2014, CBO estimates. Up to 85 percent of a recipient’s benefits are subject to the individual income tax, depending on the recipient’s overall income. CBO estimates that income taxes on Social Security benefits totaled $51 billion in 2014, an amount that will be credited to the …

Subjects: Economy, Government Documents

Economic and Fiscal Consequences of Improving U.S. Educational Outcomes

The Washington Center for Equitable Growth – report by Robert Lynch: “This study addresses a key challenge confronting the United States—how to promote both widely shared and faster economic growth. It does so by analyzing and describing the effects of raising educational achievement, especially for those not at the top of the economic ladder.The results of …

Subjects: Economy, Education, Financial System, Knowledge Management

New GAO Reports – African Growth, Environmental Satellites, Financial Audit, Small Business Contracting

African Growth and Opportunity Act: Eligibility Process and Economic Development in Sub-Saharan Africa, GAO-15-300: Published: Feb 12, 2015. Publicly Released: Feb 12, 2015. Environmental Satellites: Improvements Needed in NOAA’s Mitigation Strategies as It Prepares for Potential Satellite Coverage Gaps, GAO-15-386T: Published: Feb 12, 2015. Publicly Released: Feb 12, 2015. Financial Audit: Federal Deposit Insurance Corporation …

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

Monetary Policy, Bank Bailouts and the Sovereign-Bank Risk Nexus in the Euro Area

Fratzscher, Marcel and Rieth, Malte, Monetary Policy, Bank Bailouts and the Sovereign-Bank Risk Nexus in the Euro Area (February 2015). DIW Berlin Discussion Paper No. 1448. Available for download at SSRN: http://ssrn.com/abstract=2563000 “The paper analyses the empirical relationship between bank risk and sovereign credit risk in the euro area. Using structural VAR with daily financial …

Subjects: Economy, Financial System

New dosages of old drugs are used to raise their prices

New York Times (02/11/15) Meier, Barry: “Over the last 2 years, states nationwide have moved to crack down on so-called physician dispensing of prescription drugs, a practice largely limited to doctors who treat injured workers. Recent studies suggest that doctors and companies have responded by exploiting loopholes in those rules and adopting new strategies to …

Subjects: Economy, Health Care, Medicine