Category «Economy»

2014 Federal Insurance Office Annual Report on the Insurance Industry

“The Report begins with an overview of the insurance industry that presents and analyzes the financial performance and condition of the key U.S. insurance industry sectors, i.e., the life and health (L/H) sector and the property and casualty (P/C) sector. The industry financial overview also includes analysis of insurance industry capital markets activity, the increasing …

Subjects: Congress, Economy, Financial System, Government Documents

In the Shadow of the Great Recession: Experiences and Perspectives of Young Workers

“The Federal Reserve Board on Tuesday published a new report, based on its 2013 Survey of Young Workers, that provides insight into numerous labor market topics, including the educational attainment, work experience, and expectations of adults aged 18 to 30. In the Shadow of the Great Recession: Experiences and Perspectives of Young Workers, takes an in-depth look …

Subjects: Economy, Financial System, Government Documents

Pension Benefit Guaranty Corporation Annual Report FY2014

“When a single-employer plan ends without sufficient money to pay benefits, PBGC trustees the plan and assumes responsibility for benefit payments. PBGC became responsible for an additional 53,000 workers and retirees in 97 trusteed single-employer plans in FY 2014. The three largest plans trusteed were sponsored by Furniture Brands (19,011 participants), Greenwood Mills Inc. (5,175 …

Subjects: Economy, Government Documents

Transition Report 2014

European Bank for Reconstruction and Development – Innovation in Transition: “How can firms in transition countries become more  productive? And how can a dynamic and innovative  business sector help countries grow? This year’s Transition Report seeks answers to these important  questions by analysing firm-level innovation across the  transition region. The Transition Report 2014 exploits a unique …

Subjects: Economy, Financial System, Government Documents

How Attached to the Labor Market Are the Long-Term Unemployed?

Rob Dent, Samuel Kapon, Fatih Karahan, Benjamin W. Pugsley, and Ayşegül Sahin  – Second in a three-part series – New York Fed “In this second post in our series on measuring labor market slack, we analyze the labor market outcomes of long-term unemployed workers to assess their employability and labor force attachment. If long-term unemployed workers are …

Subjects: Economy, Financial System, Government Documents

The Orderly Liquidation Authority: Fanatical or Familiar? Idealistic or Unrealistic?

Massman, Stephanie, The Orderly Liquidation Authority: Fanatical or Familiar? Idealistic or Unrealistic? (May 2014). Available for download at SSRN: http://ssrn.com/abstract=2525825 “The systemic financial crisis of 2008 spurred the failure of numerous financial and non-financial entities. Regulators addressed each of these failures on an ad hoc ex-post basis, granting multiple bailouts in various forms. The refusal …

Subjects: Economy, Financial System, Legal Research

McKinsey Quarterly’s 50th anniversary edition

“In this unique anniversary edition of the Quarterly, leading management thinkers tackle the management challenges of tomorrow. Leaders including author Tom Peters, former IBM CEO Lou Gerstner, eBay head of HR Beth Axelrod, and The Second Machine Age authors Erik Brynjolfsson and Andrew McAfee explore topics such as leadership, the future of the organization, machine learning, long-term capitalism, and …

Subjects: Economy, Financial System, Knowledge Management

The Risks to the Inflation Outlook

The Risks to the Inflation Outlook, Vasco Cúrdia “Although inflation is currently low, some commentators fear that continued highly accommodative monetary policy may lead to a surge in inflation. However, projections that account for the different policy tools used by the Federal Reserve suggest that inflation will remain low in the near future. Moreover, the relative …

Subjects: Economy, Financial System, Government Documents

Audit Faults State Dept’s Kabul Embassy Security Management

Via POGO: “A federal audit has found problems with the State Department’s oversight of security at the U.S. embassy in Afghanistan. The audit, issued November 3, showed that, years after the deadly attack on the U.S. consulate in Benghazi, Libya, and long after Washington policymakers pledged to bolster protection for diplomats in danger zones, the State …

Subjects: Congress, Defense, Economy, Government Documents

New GAO Reports – Financial Audits of SEC, FHFA, Bureau of Consumer Financial Protection

FINANCIAL AUDIT: Bureau of Consumer Financial Protection’s Fiscal Years 2014 and 2013 Financial Statements, GAO-15-146R: Published: Nov 17, 2014. Publicly Released: Nov 17, 2014. FINANCIAL AUDIT: Federal Housing Finance Agency’s Fiscal Years 2014 and 2013 Financial Statements, GAO-15-147R: Published: Nov 17, 2014. Publicly Released: Nov 17, 2014. FINANCIAL AUDIT: Securities and Exchange Commission’s Fiscal Years 2014 and 2013 Financial Statements, GAO-15-166R: Published: Nov 17, …

Subjects: Economy, Government Documents, Health Care, Housing, Internet

The Big Bank Theory: Breaking Down the Breakup Arguments

“The 2008 financial crisis threw into sharp relief the issue of “too-big-to-fail” (TBTF)—the challenge posed by financial institutions that were bailed out on concerns that their failure would cause damage to the rest of the financial system and the overall economy. Since then, policymakers and regulators have wrestled with how to address this problem. The …

Subjects: Congress, Economy, Financial System, Legislation

European Banking Union: An Immediate Tool for Euro Crisis Management

Paper prepared for the Istituto Affari Internazionali (IAI), October 2014. European Banking Union: An Immediate Tool for Euro Crisis Management and a Long-Term Project for the Single Market by Giulia Rosa Maria Cavallo. “After the adoption of a single monetary policy which commits the European Central Bank to maintaining the euro’s purchasing power and price stability in …

Subjects: Economy, Financial System