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Governor Jerome H. Powell At the Money Marketeers of New York University, New York, New York, September 4, 2014. “Thank you for giving me this opportunity to speak this evening. I would like to discuss ongoing efforts to reform the current structure and uses of the London Interbank Offered Rate, commonly referred to as LIBOR. These reforms …
HBR Blog: “The American workforce is now 34% freelancer, according to a new study commissioned by the Freelancers Union and the recently-merged Elance-oDesk. Well, sort of: 14.3 million of the 53 million freelancers counted in the survey are “moonlighters” (people with full-time jobs doing independent work in their spare time). Another 5.5 million are temp workers. Here’s the full …
Jaison R. Abel and Richard Deitz. This post is the third in a series of four Liberty Street Economics posts examining the value of a college degree. “In our recent Current Issues article and blog post on the value of a college degree, we showed that the economic benefits of a bachelor’s degree still far outweigh the costs. However, this does not mean …
EIA: Although most of the uranium used in domestic nuclear power plants is imported, domestic uranium processing facilities still provide sizeable volumes of uranium concentrate to U.S. nuclear power plants. In 2013, uranium concentrate was produced at seven facilities in four states. Wyoming accounted for 59% of domestic production, followed by Utah (22%), Nebraska (15%), and Texas (4%), according to the World Nuclear Association. Uranium …
UNICEF Report, September 2014: “Interpersonal violence – in all its forms – has a grave effect on children: Violence undermines children’s future potential; damages their physical, psychological and emotional well-being; and in many cases, ends their lives. The report sheds light on the prevalence of different forms of violence against children, with global figures and …
News release: “Of the 16.6 million people who lived in a different county one year before, 7.3 million were employed and 1.3 million were unemployed, according to new migration statistics released today by the U.S. Census Bureau. A little over 5 percent of the U.S. population lived in a different county one year earlier. The County-to-County Migration …
Working Papers – September 2014: Cross-Border Banking and Global Liquidity The international monetary and financial system: a capital account historical perspective The international monetary and financial system: its Achilles heel and what to do about it
“The Joint Forum has today released its report on supervisory colleges for financial conglomerates. The report, the result of a recent self-assessment survey of Joint Forum members, presents findings on how far cross-sectoral issues, and specific questions related to financial conglomerates, are effectively addressed within supervisory colleges. This stocktaking exercise also provides information on the implementation of the …
Forecast Rationality Tests in the Presence of Instabilities, With Applications to Federal Reserve and Survey Forecasts. Barbara Rossi and Tatevik Sekhposyany. June 8, 2014. Centre de Recerca en Economia Internacional. “This paper proposes a framework to implement regression-based tests of predictive ability in unstable environments, including, in particular, forecast unbiasedness and efficiency tests, commonly referred to as tests of forecast rationality. Our …
Summary of Commentary on Current Economic Conditions by Federal Reserve District – Prepared at the Federal Reserve Bank of Philadelphia and based on information collected on or before August 22, 2014. This document summarizes comments received from businesses and other contacts outside the Federal Reserve and is not a commentary on the views of Federal Reserve …
HUMAN CAPITAL: OPM Needs to Improve the Design, Management, and Oversight of the Federal Classification System, GAO-14-677: Published: Jul 31, 2014. Publicly Released: Sep 2, 2014.”GAO’s analysis of subject matter specialists’ comments, related literature, and interviews with Office of Personnel Management (OPM) officials identified a number of important characteristics for a modern, effective classification system, which GAO consolidated …
Jaison R. Abel and Richard Deitz: “Not so long ago, people rarely questioned the value of a college degree. A bachelor’s degree was seen as a surefire ticket to a career-oriented, good-paying job. Today, however, many people are uncertain whether going to college is such a wise decision. It’s easy to see why. Tuition costs …
