Category «Economy»

What Do Banks Do with All that “Fracking” Money?

Federal Reserve Bank of New York, Matthew Plosser: “Banks play a crucial role in the economy by channeling funds from savers to borrowers. The ability of banks to accomplish this intermediation has become an important element in understanding the causes and consequences of business cycles. In a recent staff report, I investigate how a positive deposit …

Subjects: Economy, Energy, Government Documents

Growth in DoD’s Budget From 2000 to 2014

“The Department of Defense’s (DoD’s) base budget grew from $384 billion to $502 billion between fiscal years 2000 and 2014 in inflation-adjusted (real) terms—an increase of 31 percent and an annual average growth rate of 1.9 percent (see figure below). Several factors contributed to that growth. The largest rate of growth was in the costs for military …

Subjects: Congress, Defense, Economy, Government Documents

Global AgeWatch Index ranks countries by how well their older populations are faring

“HelpAge International’s Global AgeWatch Index ranks countries by how well their ageing populations are faring. It is based on four domains that are key enablers of older people’s wellbeing: income, health, capability and enabling environment…The world is ageing fast. By 2030, there will be more people over 60 than under 10. Already there are more …

Subjects: Economy, Government Documents, Health Care

A User’s Guide to the Shale Gas Drilling Boom

Smith, James L., The Option to Hold a Petroleum Lease by Production: A User’s Guide to the Shale Gas Drilling Boom (November 28, 2014). Available for download at SSRN: http://ssrn.com/abstract=2531997 “Most oil and gas leases allow the operator to extend possession for an indefinite period by establishing production in paying quantities. We show how this …

Subjects: Economy, Energy

Welfare, Work, and Poverty Status of Female-Headed Families with Children: 1987-2013

CRS – Welfare, Work, and Poverty Status of Female-Headed Families with Children: 1987-2013. Thomas Gabe, Specialist in Social Policy, November 21, 2014 “Eighteen years have passed since repeal of what was the nation’s major cash welfare program assisting low-income families with children, the Aid to Families with Dependent Children (AFDC) program, and its replacement with a block grant of …

Subjects: Congress, Economy, Food and Nutrition, Government Documents, Poverty

Diffusion of Price Information Through Message Volume and Sentiment

Houlihan, Patrick, Diffusion of Price Information Through Message Volume and Sentiment (October 8, 2014). Available for download at SSRN: http://ssrn.com/abstract=2527968 “Several market data parameters have been validated to be correlated with asset price changes. In addition, many have been used as independent variables in a variety of models to help explain the direction of future …

Subjects: Economy, Financial System, Government Documents

Bank Interventions and Options-Based Systemic Risk: Evidence from the Global and Euro-Area Crisis

Londono, Juan M. and Tian, Mary H., Bank Interventions and Options-Based Systemic Risk: Evidence from the Global and Euro-Area Crisis (September 19, 2014). FRB International Finance Discussion Paper No. 1117. Available for download at SSRN: http://ssrn.com/abstract=2531686 “Using a novel dataset on central bank interventions to financial institutions, we examine the impact of capital injection announcements …

Subjects: Economy, Financial System, Government Documents

Home Depot SEC Filing – Pretax Breach Cost $43 million

eSecurity Planet – “In a recent SEC filing, Home Depot stated that a recent data breach that exposed 56 million credit cards and 53 million email addresses cost the company $43 million in the third quarter of 2014 alone. Specifically, Home Depot says it “recorded $43 million of pretax expenses related to the data breach, partially offset …

Subjects: Cybercrime, Cybersecurity, Economy, Financial System, ID Theft, Securities Law

The increased supply of underutilized labor from 2006 to 2014

“Four BLS measures of labor underutilization are used to analyze changes in the supply of labor from just before the 2007–2009 recession to June 2014; the results indicate that (1) the increase in the number of people marginally attached to the labor force over the period studied may have been due to either inadequate demand …

Subjects: Economy, Financial System, Government Documents

Measuring the Information Society 2014

“The MIS Report, which has been published annually since 2009, features key ICT data and benchmarking tools to measure the information society, including the ICT Development Index (IDI). The IDI captures the level of ICT developments in 166 economies worldwide and compares progress made during the last year. The MIS 2014 highlights the relationship between ICT …

Subjects: Economy, Internet, Knowledge Management

The Politics of Rescuing the World’s Financial System

Broz, J. Lawrence, The Politics of Rescuing the World’s Financial System: The Federal Reserve as a Global Lender of Last Resort (November 20, 2014). Available for download at SSRN: http://ssrn.com/abstract=2531108 “During the financial crisis of 2007-10, the Federal Reserve (Fed) served as a global lender of last resort by establishing currency swap agreements with 14 …

Subjects: Economy, Financial System, Government Documents

Internet Security Threat Report 2014

“Symantec has established the most comprehensive source of Internet threat data in the world through the Symantec™ Global Intelligence Network, which is made up of more than 41.5 million attack sensors and records thousands of events per second. This network monitors threat activity in over 157 countries and territories through a combination of Symantec products and services such as Symantec DeepSight™ Threat Management System, …

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