Category «Economy»

Which Employees Are Delaying Retirement and Why?

Those delaying retirement tend to fit a certain profile, By Steve Nyce. September 25, 2014. “34% of workers under 40 believe that retirement delays among older workers are restricting their career opportunities. Aside from retirement savings, health and stress have the strongest links to retirement timing. Offering employees greater retirement security can help employers cultivate a less …

Subjects: Economy, Financial System

GAO – HOUSING FINANCE SYSTEM: A Framework for Assessing Potential Changes

A Framework for Assessing Potential Changes – GAO-15-131: Published: Oct 7, 2014. Publicly Released: Oct 7, 2014. “Developments in the single-family housing finance market from 2000-2013 led to changes in the federal government’s role in the housing finance system and ultimately to a significant increase in that role. For example: Before the 2007-2009 financial crisis, the market …

Subjects: Economy, Financial System, Government Documents, Housing

OECD Regional Outlook 2014 Regions and Cities: Where Policies and People Meet

“Living standards continue to diverge within many economically advanced countries as poorer regions struggle to catch up with richer ones. Half of the 34 OECD countries have seen the income gap between their best-off and worst-off regions widen since the 2008 crisis, according to new OECD research. The OECD Regional Outlook 2014 shows that in 10 OECD countries, …

Subjects: Economy, Education, Financial System, Government Documents

Unconventional Monetary Policy and Uncertainty

Lutz, Chandler, Unconventional Monetary Policy and Uncertainty (October 6, 2014). Available for download at SSRN: http://ssrn.com/abstract=2505943 “Using a structural factor-augmented vector autoregression (FAVAR) model and a large database of daily time series, we examine the impact of unconventional monetary policy on multiple proxies of economic and financial uncertainty. Our findings indicate that expansionary unconventional monetary policy …

Subjects: Economy, Financial System

Poverty in the United States: 2013

CRS – Poverty in the United States: 2013. Thomas Gabe, Specialist in Social Policy. September 25, 2014. “In 2013, 45.3 million people were counted as poor in the United States under the official poverty measure—a number statistically unchanged from the 46.5 million people estimated as poor in 2012. The poverty rate, or percent of the population considered poor …

Subjects: Congress, Economy, Government Documents

GAO Report on the Troubled Asset Relief Program

Treasury Could Better Analyze Data to Improve Oversight of Servicers’ Practices, GAO-15-5: Published: Oct 6, 2014. Publicly Released: Oct 6, 2014. “Through June 2014, the U.S. Department of the Treasury (Treasury) had disbursed about one-third of the $38.5 billion in Troubled Asset Relief Program (TARP) funds allocated to housing programs. However, the number of new borrowers added …

Subjects: Economy, Financial System, Government Documents

Temporary Professional, Managerial, and Skilled Foreign Workers: Legislation in the 113th Congress

CRS – Temporary Professional, Managerial, and Skilled Foreign Workers: Legislation in the 113th Congress. Ruth Ellen Wasem, Specialist in Immigration Policy. September 30, 2014 “The admission of professional, managerial, and skilled foreign workers raises a complex set of policy issues as the United States competes internationally for the most talented workers in the world, without adversely effecting U.S. workers …

Subjects: Congress, Economy, Government Documents, Legal Research, Legislation

Iran: U.S. Concerns and Policy Responses

CRS – Iran: U.S. Concerns and Policy Responses. Kenneth Katzman,  Specialist in Middle Eastern Affairs. October 1, 2014 “Since the Islamic Revolution in Iran in 1979, a priority of U.S. policy has been to reduce the perceived threat posed by Iran to a broad range of U.S. interests. However, a common enemy has emerged in the form of the …

Subjects: Civil Liberties, Congress, Defense, Economy, Energy, Government Documents

The Compelling Case for Stronger and More Effective Leverage Regulation in Banking

Admati, Anat R., The Compelling Case for Stronger and More Effective Leverage Regulation in Banking (September 30, 2014). Journal of Legal Studies, Forthcoming. Available for download at SSRN: http://ssrn.com/abstract=2505199 “Excessive leverage (indebtedness) in banking endangers the public and distorts the economy. Yet current and proposed regulations only tweak previous regulations that failed to provide financial stability. …

Subjects: Economy, Financial System

Competitive Dynamics in Forecasting: The Interaction of Skill and Uncertainty

Evgeniou, Theodoros and Fang, Lily H. and Hogarth, Robin M. and Karelaia, Natalia, Competitive Dynamics in Forecasting: The Interaction of Skill and Uncertainty (2013). Journal of Behavioral Decision Making 26 (4), 375-384, 2013. Available for download at SSRN: http://ssrn.com/abstract=2505219 “The outcomes of many activities depend upon both skill and luck. We analyze stock analysts’ forecasts of …

Subjects: Economy, Financial System, Knowledge Management

IG FDIC – Enforcement Actions and Professional Liability Claims Against Institution-Affiliated Parties and Individuals Associated with Failed Institutions

Federal Deposit Insurance Corporation, Board of Governors of the Federal Reserve System, and Consumer Financial Protection Bureau, Department of the Treasury – Enforcement Actions and Professional Liability Claims Against Institution-Affiliated Parties and Individuals Associated with Failed Institutions. Report Numbers, EVAL 14-002, 2014-SR-B-011, OIG-CA-14-012. July 2014 “As discussed in our report, the Regulators have established formal processes for investigating and imposing EAs on IAPs …

Subjects: Economy, Financial System, Government Documents, Legal Research