Category «Economy»

Brazil is the 8th largest total energy consumer and 10th largest producer in the world

“The U.S. Energy Information Administration (EIA) estimates that in 2013, Brazil was the eighth-largest energy consumer in the world and the third-largest in the Americas (North America, Central America, the Caribbean, and South America), behind the United States and Canada. Total primary energy consumption in Brazil has increased by more than one-third in the past decade …

Subjects: Economy, Energy, Government Documents

Quarterly Survey of Public Pensions: 2014 Third Quarter

“The Quarterly Survey of Public Pensions provides national summary data on the revenues, expenditures, and composition of assets of the largest defined benefit public employee pension systems for state and local governments. This report produces three tables: Tables 1 and 3 include data on cash and security holdings and Table 2 provides data on earnings on investments, …

Subjects: Economy, Financial System, Government Documents

The Effects of Capital on Bank Lending in EU Large Banks

Olszak, Małgorzata Anna and Pipien, Mateusz and Roszkowska, Sylwia and Kowalska, Iwona, The Effects of Capital on Bank Lending in EU Large Banks – The Role of Procyclicality, Income Smoothing, Regulations and Supervision (December 29, 2014). University of Warsaw Faculty of Management Working Paper No. 5. Available for download at SSRN: http://ssrn.com/abstract=2543675 “This paper aims …

Subjects: Economy, Financial System

Sustainability of Public Debt in the United States and Japan

William R. Cline, Peterson Institute for International Economics. October 2014 Working Paper 14-9: “Over the next decade, the United States will have to do more to keep the debt-to-GDP ratio from escalating, while much more will need to be done in Japan. Using the probability-weighted ratio of net debt to GDP (federal debt held by the public …

Subjects: Economy, Financial System, Government Documents

A Mathematical and Empirical Analysis of Rebalancing Alpha

Qian, Edward E., A Mathematical and Empirical Analysis of Rebalancing Alpha (October 1, 2014). Journal of Portfolio Management, Forthcoming. Available at SSRN: http://ssrn.com/abstract=2543705 “Rebalancing alpha is the excess return of a fixed-weight portfolio, which is regularly rebalanced, over its buy-and-hold counterpart. Two kinds of effects, both results of portfolio rebalancing, contribute to rebalancing alpha. The …

Subjects: Economy, Financial System

A Field Experiment Exploring How Pay and Representation Differentially Shape Bias on the Pathway into Organizations

Milkman, Katherine L. and Akinola, Modupe and Chugh, Dolly, What Happens Before? A Field Experiment Exploring How Pay and Representation Differentially Shape Bias on the Pathway into Organizations (December 13, 2014). Available at SSRN: http://ssrn.com/abstract=2063742 or http://dx.doi.org/10.2139/ssrn.2063742 “Little is known about how discrimination manifests before individuals formally apply to organizations or how it varies within …

Subjects: Civil Liberties, Economy, Financial System, Knowledge Management, Legal Research

SEC to Simplify Analysis of Corporate Financial Data

Pilot Program Will Be Expanded Next Year to Include Data in Footnotes By MARIA ARMENTAL, WSJ.com – Dec. 30, 2014 “The Securities and Exchange Commission has launched a program aimed at making it easier for investors to dig through and compare company financial filings. Under the program being tested, financial data the companies report will be organized into structured …

Subjects: Economy, Financial System, Government Documents, Securities Law

Renewable Energy Review: Finance Mechanisms

Ernst and Young Editors: “Developers, manufacturers, investors and other renewable energy industry stakeholders need updates on the latest and greatest finance mechanisms available today. Since 2003, global consultancy Ernst & Young has released its Country Attractiveness Indices, which ranks global renewable energy markets by analyzing investment strategies and resource availability. The indices are updated on a …

Subjects: Economy, Energy, Financial System

Mortgage Securitization Discrimination

Beverly Adkins et al. v Morgan Stanley “The National Consumer Law Center is co-counsel for African American plaintiffs in a prospective class action lawsuit brought against Morgan Stanley. The lawsuit claims that the Defendant violated federal civil rights laws, the Fair Housing Act and the Equal Credit Opportunity Act as well as state laws by …

Subjects: Civil Liberties, Courts, Economy, Financial System, Government Documents, Housing, Legal Research

The Enforcers & the Great Recession

Totten, Mark, The Enforcers & the Great Recession (December 7, 2014). Cardozo Law Review, Forthcoming. Available for download at SSRN: http://ssrn.com/abstract=2535109 “No one played a more vital role responding to the worst economic crisis since the Great Depression than a small band of state attorneys general (AGs). Yet this story has never been told nor …

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

SEC Issues Annual Staff Reports on Credit Rating Agencies

[December 23, 2014] “the Securities and Exchange Commission issued its annual staff report on the findings of examinations of credit rating agencies registered as nationally recognized statistical rating organizations (NRSROs) and submitted a separate report on NRSROs to Congress. “These reports provide the most current and comprehensive picture of the credit rating industry,” said SEC Chair …

Subjects: Congress, Economy, Financial System, Government Documents, Securities Law

Aggregate Reserves of Depository Institutions and the Monetary Base

“The H.3 release [Release Date: December 29, 2014] provides data on aggregate reserves of depository institutions, including required reserves, total reserves, reserve balances maintained, interest paid on reserve balances maintained, nonborrowed reserves, and borrowings by depository institutions from the Federal Reserve’s discount window. The release also provides data on the monetary base, which includes currency …

Subjects: Economy, Financial System, Government Documents