Category «Economy»

Sustainability vs. Credibility of Fiscal Consolidation. A Principal Components Test for the Euro Zone

Passamani, Giuliana and Tamborini, Roberto and Tomaselli, Matteo, Sustainability vs. Credibility of Fiscal Consolidation. A Principal Components Test for the Euro Zone (November 25, 2014). University of Trento DEM Discussion Papers, Department of Economics and Management. Available for download at SSRN: http://ssrn.com/abstract=2530732 “Why did some countries in the Euro Zone between 2010 and 2012 – until …

Subjects: Economy, Financial System, Government Documents

Survey Finds Millennials are Most Flexible Generation in Workforce

News release: “As more Millennials finish school and move into the workforce, commercial real estate is adapting to the different work styles and preferences of three different generations. A Coldwell Banker Commercial Affiliates survey released today delves into the differences and similarities of where and how Millennials (ages 18-34), Gen Xers (ages 35-49) and Baby Boomers …

Subjects: Economy

When does the stock market listen to economic news?

Ivan Medovikov – Department of Economics, Brock University, Ontario, Canada, October 30, 2014. “We study association between macroeconomic news and stock market returns using the statistical theory of copulas, and a new comprehensive measure of news based on the indexing of news wires. We find the impact of economic news on equity returns to be nonlinear and asymmetric. In …

Subjects: Economy, Internet

Spending by Households, Companies Propels U.S. Economy

Bloomberg Consumer Comfort Index: “The world’s largest economy grew faster in the third quarter than first estimated, capping its strongest six months in a decade, as consumers went shopping and companies boosted spending. Gross domestic product rose at a 3.9 percent annualized rate, exceeding all forecasts of economists surveyed by Bloomberg and up from an initial …

Subjects: Economy, Financial System

A Silver Bullet for the European Crisis – Brookings

Carlo Bastasin – “The European Central Bank (ECB) has recently acknowledged the dangers of a prolonged period of overly low inflation in the euro area. In fact, in recent months inflation developments have continued to surprise on the downside. The level of consumer prices has declined from a high of more than 3 percent at the …

Subjects: Economy, Financial System, Government Documents

NY Fed – Household Debt Balances Increase as Deleveraging Period Concludes

Andrew Haughwout, Donghoon Lee, Joelle Scally, and Wilbert van der Klaauw: “The New York Fed released the Quarterly Report on Household Debt and Credit for the third quarter of 2014 today. Balances continued to rise slightly, with an overall increase of $78 billion. The aggregate household debt balance now stands at $11.71 trillion, up 0.7 …

Subjects: Economy, Financial System, Government Documents

FDIC Quarterly Banking Profile

“The third quarter 2014 FDIC Quarterly Banking Profile (QBP) is now available on line. FDIC-insured institutions reported aggregate net income of $38.7 billion in the third quarter of 2014, up $2.6 billion (7.3 percent) from earnings of $36.1 billion the industry reported a year earlier. The increase in earnings was mainly attributable to a $7.8 …

Subjects: Economy, Financial System, Government Documents

Washington Metropolitan Area Facing Economic Downturn

Washington Post: “The Washington area’s reliance on federal spending has become a major headache for state and local governments, with congressionally mandated program cuts leaving gaping holes in revenue projections from Annapolis to Richmond. George Mason University’s Center for Regional Analysis estimates that the federal government spent $13.4 billion less in the Washington area in 2013 than …

Subjects: Economy, Financial System, Government Documents

How many academic documents are visible and freely available on the Web?

Khabsa M, Giles CL (2014) The Number of Scholarly Documents on the Public Web. PLoS ONE 9(5): e93949. doi:10.1371/journal.pone.0093949 “The number of scholarly documents available on the web is estimated using capture/recapture methods by studying the coverage of two major academic search engines: Google Scholar and Microsoft Academic Search. Our estimates show that at least …

Subjects: Economy, Internet, Knowledge Management, Search Engines

Ambulatory Health Care Services Receipts and Employment on the Rise

“Receipts for the nation’s 582,733 ambulatory health care services establishments (NAICS 621) totaled $825.7 billion in 2012, up 23.5 percent from $668.5 billion in 2007, according to the latest economic census statistics released today by the U.S. Census Bureau. Employment in this industry increased 15.1 percent, from 5.7 million in 2007 to 6.6 million in 2012, …

Subjects: Economy, Government Documents, Health Care

New GAO Reports – DOE Cost Estimating, Veteran’s Reemployment Rights

Project and Program Management: DOE Needs to Revise Requirements and Guidance for Cost Estimating and Related Reviews, GAO-15-29: Published: Nov 25, 2014. Publicly Released: Nov 25, 2014. Veterans’ Reemployment Rights: Department of Labor Has Higher Performance Than the Office of Special Counsel on More Demonstration Project Measures, GAO-15-77: Published: Nov 25, 2014. Publicly Released: Nov 25, 2014.

Subjects: Economy, Energy, Government Documents

Stronger policy response needed to avoid risks to growth – OECD Economic Outlook

“25/11/2014- Modest global economic forecasts, continuing high unemployment, and downshifts in potential output should spur governments with a greater sense of urgency to fully employ monetary, fiscal and structural policy levers to support growth, notably in Europe, according to the Economic Outlook. The Economic Outlook draws attention to a global economy stuck in low gear, with growth …

Subjects: Economy, Financial System, Government Documents

Thank you!