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Shapiro, D., Dundar, A., Yuan, X., Harrell, A., Wild, J., Ziskin, M. (2014, July). Some College, No Degree: A National View of Students with Some College Enrollment, but No Completion (Signature Report No. 7). Herndon, VA: National Student Clearinghouse Research Center. “Over the past 20 years, more than 31 million students have enrolled in college …
By SPIEGEL Staff: “…Software giant Microsoft, which acquired Skype in 2011, said in a statement: “We will not provide governments with direct or unfettered access to customer data or encryption keys.” The NSA had been monitoring Skype even before that, but since February 2011, the service has been under order from the secret US Foreign …
Via Harvard Law School – Editor’s Note: “Barnabas Reynolds is head of the global Financial Institutions Advisory & Financial Regulatory Group at Shearman & Sterling LLP. This post is based on a Shearman & Sterling client publication by Mr. Reynolds and Azad Ali. The complete publication, including annex, is available here.” “A key element of …
Competition Among U.S. Broadband Service Providers: “More than one quarter of American homes have not adopted Internet service, many citing cost as their primary reason. Since market competition can significantly affect consumer prices, we set out to ask: how many Internet service providers (ISPs) are available to consumers at different levels of download speeds? Looking at Internet …
Lippe, Paul and Katz, Daniel Martin and Jackson, Daniel H, Legal by Design: A New Paradigm for Handling Complexity in Banking Regulation and Elsewhere in Law (December 16, 2014). Available for download at SSRN: http://ssrn.com/abstract=2539315 or http://dx.doi.org/10.2139/ssrn.2539315 “On August 5, 2014, the Federal Reserve Board and the Federal Deposit Insurance Corporation criticized shortcomings in the Resolution …
Piazzesi, Monika and Schneider, Martin and Stroebel, Johannes, Segmented Housing Search (December 1, 2014). Available for download at SSRN: http://ssrn.com/abstract=2543267 “This paper studies housing markets with multiple segments searched by heterogeneous clienteles. We document market and search activity for the San Francisco Bay Area. Variation within narrow geographic areas is large and differs significantly from …
“The World Statistics Pocketbook, 2014 edition is an annual compilation of key statistical indicators prepared by the United Nations Statistics Division of the Department of Economic and Social Affairs. Over 50 indicators have been collected from more than 20 international statistical sources and are presented in one-page profiles for 217 countries or areas of the …
Office of the Comptroller of the Currency Washington, D.C. Fall 2014 “The financial performance of federally chartered institutions through the first six months of 2014 was weaker than the same period in 2013, as revenues and profitability declined. Overall, system profitability as measured by return on equity (ROE) remained just under 10 percent year-to-date through June 30, 2014. Smaller-bank ROE …
“Effective with the release of the January 2015 CPI on February 26, 2015, the Bureau of Labor Statistics (BLS) will utilize a new estimation system for the Consumer Price Index. The new estimation system, the first major improvement to the existing system in over 25 years, is a redesigned, state-of-the-art system with improved flexibility and …
World Bank – “The 2015 edition of International Debt Statistics (IDS) has just been released. IDS 2015 draws from comprehensive databases of debt statistics collected from 124 low- and middle-income countries, as well as quarterly external and public sector debt from high-income countries. These databases continue to be a vital input for debt managers and researchers …
IMF Working Paper Working Paper No. 14/237. Adrian Alter, Ben Craig ; Peter Raupach. December 24, 2014. “We look at the effect of capital rules on a banking system that is connected through correlated credit exposures and interbank lending. The rules, which combine individual bank characteristics and interconnectivity measures of interbank lending, are to minimize a measure of system-wide …
Spillovers of US unconventional monetary policy to Asia: the role of long-term interest rates by Ken Miyajima, Madhusudan Mohanty and James Yetman, December 2014. “This paper reviews the role of long-term interest rates in international monetary transmission and related policy challenges in the wake of exceptionally easy US monetary policy. It employs a panel VAR model …
