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The New Yorker – Raffi Khatchadourian: “Today, machines seem to get better every day at digesting vast gulps of information—and they remain as emotionally inert as ever. But since the nineteen-nineties a small number of researchers have been working to give computers the capacity to read our feelings and react, in ways that have come …
“CBO projects that, under current law, the federal budget deficit will fall to $468 billion in 2015 – 2.6 percent of GDP – and remain roughly stable, as a percentage of GDP, through 2018. After that, the gap between spending and revenues is projected to grow, raising the already high level of federal debt. CBO …
2014 Global Metro Monitor – Combined Change in Employment and GDP Per Capita (Index of Both Rates), 2013–2014 “With only 20 percent of the population, the world’s 300 largest metropolitan economies accounted for nearly half of global output in 2014. This interactive and report compare growth patterns in the world’s 300 largest metro economies on two …
Becher, David A. and Gordon, Rachel and Juergens, Jennifer L., Are Firm-Advisor Relationships Valuable? A Long-Term Perspective (January 24, 2015). Available for download at SSRN: http://ssrn.com/abstract=2554845 “We examine long-term firm-advisor relations using an extended history of debt, equity, and merger transactions. Hard-to-value firms are more likely to maintain dedicated advisor relations (underwriters or merger advisors). …
EIA – “Widely traded futures contracts for North Sea Brent crude oil in global financial markets are typically priced in U.S. dollars (USD). The appreciation, or increase in value, of USD against most other currencies since last summer can either mitigate or exacerbate the effects of the recent sharp decline in USD-denominated crude oil prices, …
Working Paper No. 14-10 by Michelle L. Barnes and Giovanni P. Olivei 2014 Series “The widely studied Reuters/Michigan Index of Consumer Sentiment is constructed from the answers to five questions from the more comprehensive Reuters/Michigan Surveys of Consumers. Yet little work has been done on what predictive power the information taken from this more thorough …
Bernal, Oscar and Gnabo, Jean-Yves and Guilmin, Grégory, Economic Policy Uncertainty and Risk Spillovers in the Eurozone (January 22, 2015). Available for download at SSRN: http://ssrn.com/abstract=2554046 “This paper focuses on the impact of economic policy uncertainty on risk spillovers within the Eurozone and contributes to these two growing literatures. To this end, we adapt the …
Boston Consulting Group – The Most Innovative Companies 2014, Breaking Through Is Hard to Do: “Innovating isn’t getting any easier. Nor any less important. Our ninth innovation report since 2005 finds that although innovation remains a top corporate priority, executives are feeling less confident in their innovation capabilities. It’s no longer enough to be good …
World Bank Policy Research Working Paper 7118. The Creative Wealth of Nations – How the Performing Arts Can Advance Development and Human Progress – by Patrick Kabanda, Foreword by Amartya Se. “Cultural activities are increasingly noted as drivers of meaningful development. But they have yet to gain a prominent place in the architecture of development strategy. …
“The Office of the Comptroller of the Currency (OCC) issued today the Government Securities Act” booklet of the Comptroller’s Handbook. This new booklet, part of the Securities Compliance series, consolidates certain guidance from the Comptroller’s Handbook for Compliance, “Securities Activities” booklet, issued in September 1991, and the Comptroller’s Handbook booklet “Investment Securities,” issued in March …
Special Inspector General for Afghanistan Reconstruction – More than $300 Million in Annual, U.S.-funded Salary Payments to the Afghan National Police Is Based on Partially Verified or Reconciled Data. SIGAR 15-26 Audit Report, January 15, 2015. “Despite 13 years and several billions of dollars in salary assistance to the Afghan government for the ANP, there …
By Cathleen Kelly & Miranda Peterson |Why the U.S. Must Lead in the High North |Thursday, January 22, 2015: “While many Americans do not consider the United States to be an Arctic nation, Alaska—which constitutes 16 percent of the country’s landmass and sits on the Arctic Circle—puts the country solidly in that category. Consequently, it …
