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World Bank – “By the end of 2013, China had built a high speed rail[1] network of over 10,000 route-km, far exceeding that in any other country and larger than the network in the entire European Union. It has been accomplished at a cost which is at most two-thirds of that in other countries. A …
“Freedom of expression in general, and media development in particular, are core to UNESCO’s constitutional mandate to advance ‘the mutual knowledge and understanding of peoples, through all means of mass communication’ and promoting ‘the free flow of ideas by word and image.’ For UNESCO, press freedom is a corollary of the general right to freedom …
Census news release: “The U.S. Census Bureau reported today that 74 percent of those who have a bachelor’s degree in science, technology, engineering and math — commonly referred to as STEM — are not employed in STEM occupations. In addition, men continue to be overrepresented in STEM, especially in computer and engineering occupations. About 86 …
“The federal government ran a budget deficit of $366 billion for the first nine months of fiscal year 2014, CBO estimates—$144 billion less than the shortfall recorded over the same span last year. Through the end of June, revenues were about 8 percent higher and outlays were about 1 percent higher than they were at …
Stella D. Fayer – economist in the Office of Employment and Unemployment Statistics, BLS: This study uses special tabulations of data collected as part of the short-term Green Goods and Services Occupations (GGS-OCC) program to analyze employment and wages in the agricultural sector as a whole. The GGS-OCC program estimates combined data from two U.S. Bureau of …
“The growth rate of real gross domestic product (GDP) is a key indicator of economic activity, but the official estimate is released with a delay. Our new GDPNow forecasting model provides a “nowcast” of the official estimate prior to its release. Recent forecasts for the GDPNow model are available here. More extensive numerical details—including underlying source …
Center for American Progress, Maryam Adamu | July 10, 2014: “This year marks the 50th anniversary of the Civil Rights Act of 1964. Years of organizing and civil disobedience culminated in a seminal piece of legislation prohibiting discrimination based on race, color, religion, national origin, and sex. A few years after the Civil Rights Act was passed, Martin …
Cujean, Julien and Praz, Remy, Asymmetric Information and Inventory Concerns in Over-the-Counter Markets (July 10, 2014). Available for download at SSRN: http://ssrn.com/abstract=2464399 “We study how transparency, modeled as information about one’s counterparty liquidity needs, affects the functioning of an over-the-counter market. In our model, investors hedge endowment risk by trading bilaterally in a search-and-matching environment. We …
Leclercq, Emmanuel and Praz, Remy, Equilibrium Commodity Trading (July 10, 2014). Available for download at SSRN: http://ssrn.com/abstract=2464400 “We develop an equilibrium model of commodity spot and futures markets in which commodity production, consumption, and speculation are endogenously determined. Speculators facilitate hedging by the commodity suppliers. The entry of new speculators thus increases the supply of the …
“Organisations always claim that people are their most valuable asset. But few of them fully explore the correlation between their workforce and business performance. Gender Gap overlays human capital data with business performance data, providing a new, consolidated view of the value of your workforce. A NEW VIEW ON WORKFORCE ANALYTICS – Gender Gap converges workforce analytics with …
“EAST [European ATM Security Team] has just published its second European Fraud Update for 2014. This is based on country crime updates given by representatives of 19 countries in the Single Euro Payments Area (SEPA), and 3 non-SEPA countries, at the 33rd EAST meeting held at the European Cybercrime Centre (EC3) at Europol in The …
“The Work Plan presents the audits and evaluations that the Office of Inspector General (OIG) is conducting to assist the Board of Governors of the Federal Reserve System (Board) and the Consumer Financial Protection Bureau (CFPB) in fulfilling their respective missions. Our statutory mandates are our highest priority, and with our remaining resources, we focus …
