Category «Economy»

Global Monitoring Report 2014/2015: Ending Poverty and Sharing Prosperity

“The Global Monitoring Report 2014/2015 will, for the first time, monitor and report on the World Bank Group’s twin goals of ending extreme poverty by 2030 and boosting shared prosperity, while continuing to track progress toward the Millennium Development Goals (MDGs). This Global Monitoring Report examines how a select set of policies in the areas …

Subjects: Economy, Government Documents, Poverty

Dead or Alive? Valuing an Elephant

“Elephants are among the world’s most charismatic mega fauna and our largest living land mammals. However, the survival of Africa’s elephants is threatened by continuing demand for ivory desired for trinkets, religious statues, ornaments and accessories from Far Eastern Countries. As a result, elephant poaching is rife across Africa, with elephants being killed even in …

Subjects: Economy, Environmental Law

Sovereign Crises and Bank Financing: Evidence from the European Repo Market

Boissel, Charles and Derrien, François and Ors, Evren and Thesmar, David, Sovereign Crises and Bank Financing: Evidence from the European Repo Market (April 29, 2014). Available for download at SSRN: http://ssrn.com/abstract=2506677 “We examine the impact of the European sovereign debt crisis in 2008-2011 on a key segment of the European interbank market, the General Collateral (GC) …

Subjects: Economy, Financial System

Report – 15 Economic Facts About Millenials

The Council of Economic Advisers, October 2014 “Millennials, the cohort of Americans born between 1980 and the mid-2000s, are the largest generation in the U.S., representing one-third of the total U.S. population in 2013. With the first cohort of Millennials only in their early thirties, most members of this generation are at the beginning of their careers …

Subjects: Economy, Education, Government Documents, Internet, Knowledge Management

Demographic Trends and Growth in Japan and the United States

NY Fed – Thomas Klitgaard and Preston Mui: “Japan’s population is shrinking and getting older, with the population falling at a 0.2 percent rate this year and the working-age population (ages 16 to 64) falling at a much faster rate of almost 1.5 percent. In contrast, the U.S. population is rising at a 0.7 percent annual rate and the working-age population is rising …

Subjects: Economy, Financial System, Government Documents

Why Some Women Negotiate Better Than Others – HBR

Shira Mor  |   “Women continue to make less money than men, and be less likely to hold top leadership positions. And whenever a grim new study is released, a news-making essay or book is published, or high-profile woman is criticized for being “too pushy,” it renews the debate over the underlying reasons behind this persistent inequality. One explanation has to …

Subjects: Economy, Knowledge Management

Inequality, Participation, and Polarization

Vlaicu, Razvan, Inequality, Participation, and Polarization (October 6, 2014). Available for download at SSRN: http://ssrn.com/abstract=2506295 “The strong co-movement of economic inequality and partisan polarization in the U.S. is typically explained as the result of increased citizen polarization into economic classes or through the presence of a wealth bias in the political process. This paper formalizes an …

Subjects: Economy

Minutes of the Federal Open Market Committee, September 16-17, 2014

“The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on September 16-17, 2014. A summary of economic projections made by Federal Reserve Board members and Reserve Bank presidents for the meeting is also included as an addendum to these minutes. The minutes for …

Subjects: Economy, Financial System, Government Documents

IMF – World Economy Needs Smart Fiscal Policies

“Fiscal policies can help support job creation, though designing the right policies will depend on conditions in individual countries. Job creation sits atop the policy agenda globally. High and persistent levels of unemployment call for a broad policy response, generally encompassing structural reform and other economic policies. While fiscal policy cannot substitute for comprehensive reforms, it …

Subjects: Economy, Financial System, Government Documents

Bank Heterogeneity and Capital Allocation: Evidence from “Fracking” Shocks

New York Fed:  Matthew C. Plosser – “This paper empirically investigates banks’ investment allocations over the recent business cycle. I identify unsolicited deposit shocks resulting from unconventional energy development and estimate bank allocations of these deposits. In the pre-recession period, banks lend 38 percent of incremental deposits; however, during the downturn, banks favor liquid assets and lending …

Subjects: Economy, Financial System

Community Credit Profiles: Mortgage Markets

New York Fed Overview – Explore Maps: “Community Credit Profiles provide local information on credit access and use to help inform community development policymakers and practitioners. Indicators are updated twice a year at the national, state, and county levels to enable peer comparisons and program and activity benchmarks. Homeownership is a widely acknowledged marker of economic …

Subjects: Economy, Financial System, Government Documents, Housing