Accurate, Focused Research on Law, Technology and Knowledge Discovery With Daily Postings Since 2002
Toda, Alexis Akira and Walsh, Kieran James, Fat Tails and Euler Equations: A Monte Carlo Study (September 11, 2014). Available for download at SSRN: http://ssrn.com/abstract=2495151 “The Euler equation estimation of heterogeneous-agent consumption-based asset pricing models is challenging because the cross-sectional consumption distribution may have fat tails and is measured with error. We generate asset returns and …
CDT – “For anyone that has traveled or lived abroad, you’ve probably noticed that most of the rest of the world has chips in their credit cards. These chips are soon coming to the United States (some are already here, and many retailers will have chip card readers in place by October 2015), and they …
Fitch Ratings-New York-11 September 2014 [All opinions expressed are those of Fitch Ratings.]: Tuesday’s unveiling of Apple Pay is widely expected to further bolster growth of the evolving mobile payments landscape. Apple may be better positioned to succeed where other institutions have had limited success given the company’s financial resources and history of strong new …
Daniel Castro | September 10, 2014 “Data-driven innovations offer enormous opportunities to advance important societal goals. However, to take advantage of these opportunities, individuals must have access to high-quality data about themselves and their communities. If certain groups routinely do not have data collected about them, their problems may be overlooked and their communities held …
“The Center for Popular Economics is a nonprofit collective of political economists based in Amherst, MA. Since our founding in 1979, thousands of people have participated in our workshops and Institutes. Our programs and publications demystify the economy and put useful economic tools in the hands of people fighting for social and economic justice. We …
Aiyar, Shekhar S. and Calomiris, Charles W. and Wieladek, Tomasz, How Does Credit Supply Respond to Monetary Policy and Bank Minimum Capital Requirements? (September 5, 2014). Bank of England Working Paper No. 508. Available for download at SSRN: http://ssrn.com/abstract=2494187 “We use data on UK banks’ minimum capital requirements to study the interaction of monetary policy and …
“The Kaiser Family Foundation has launched a new, interactive, online tool designed to provide the latest data on the U.S. government’s global health budget in an easy-to-access form. The U.S. Global Health Budget Tracker lets users follow the budget from the President’s budget request through the appropriations process in Congress, as well as see trends over time. Data …
Accenture, From Welcome to the Switching Economy: “Consumers everywhere have a wealth of information at their fingertips, giving them more control than ever regarding who gets their business. They know they have choices and switch providers when frustrated with their experiences. The result is the emergence of what Accenture calls the Switching Economy: the $5.9 …
“Despite the importance of pay when it comes to attracting and retaining employees, companies are falling short in the delivery of their base pay and annual incentive programs, according to research from global professional services company Towers Watson. Further, while the competition for talent is heating up, companies are not differentiating pay for their best …
DEFENSE PLANNING: DOD Needs Specific Measures and Milestones to Gauge Progress of Preparations for Operational Access Challenges, GAO-14-801: Published: Sep 10, 2014. Publicly Released: Sep 10, 2014. DEPARTMENT OF EDUCATION: Status of Prior GAO Recommendations, GAO-14-848T: Published: Sep 10, 2014. Publicly Released: Sep 10, 2014. DHS TRAINING: Improved Documentation, Resource Tracking, and Performance Measurement Could Strengthen Efforts, GAO-14-688: Published: Sep 10, 2014. …
“Regulatory policy has not kept pace with the significant changes that have occurred in our stock market within the last few decades, according to a CFA white paper on market structure. The white paper analyzes those market changes and proposes reforms that are designed to foster transparency, ensure high market quality, minimize conflicts of interest, guarantee …
Nina Quattrocchi – FindTheBest – A Research Engine: “The government awards trillions of taxpayer dollars every year in contracts, grants, and loans, and it’s nearly impossible to keep track of where that money is going. Thousands of new businesses are created in the US each year, and it’s hard for those young companies to know where to …
