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Via Pew, by Richard Fry: “Student debt burdens are weighing on the economic fortunes of younger Americans, as households headed by young adults owing student debt lag far behind their peers in terms of wealth accumulation, according to a new Pew Research Center analysis of government data. About four-in-ten U.S. households (37%) headed by an …
Pew – Many experts say the rise of embedded and wearable computing will bring the next revolution in digital technology. “To a notable extent, the experts agree on the technology change that lies ahead, even as they disagree about its ramifications. Most believe there will be: A global, immersive, invisible, ambient networked computing environment built through the …
Uranium purchases and prices: “Owners and operators of U.S. civilian nuclear power reactors (“civilian owner/operators” or “COOs”) purchased a total of 57 million pounds U3O8e (equivalent1) of deliveries from U.S. suppliers and foreign suppliers during 2013, at a weighted-average price of $51.99 per pound U3O8e. The 2013 total of 57 million pounds U3O8e decreased slightly compared …
EIA – “Chinese production and consumption of coal increased for the 13th consecutive year in 2012. China is by far the world’s largest producer and consumer of coal, accounting for 46% of global coal production and 49% of global coal consumption—almost as much as the rest of the world combined. As a manufacturing country that …
Bernile, Gennaro and Hu, Jianfeng and Tang, Yuehua, Can Information Be Locked-Up? Informed Trading Ahead of Macro-News Announcements (May 10, 2014). Available at SSRN: http://ssrn.com/abstract=2436272 “U.S. government agencies routinely allow pre-release access to macroeconomic data to accredited news agencies under embargo agreements (i.e., news embargo or lockup). We use high frequency data to investigate whether there …
Under Current Law, What Is the Outlook for Overall Federal Deficits, Debt, Spending, and Revenues? – Presentation to the Stanford Institute for Economic Policy Research by Douglas W. Elmendorf, Director, CBO, May 13, 2014. “By 2020, under current law: Federal spending for Social Security and the major health care programs will be roughly 50 percent larger relative to GDP than it …
Ukraine: Current Issues and U.S. Policy, Steven Woehrel, Specialist in European Affairs. May 8, 2014 “After a failed effort to violently disperse pro-European Union protests, the government of Ukrainian President Viktor Yanukovych collapsed on February 21, 2014. The Ukrainian parliament approved a new pro-reform, pro-Western government on February 27. New presidential elections arescheduled for May 25. Russia has …
Huh, Yesol, Machines vs. Machines: High Frequency Trading and Hard Information (March 4, 2014). FEDS Working Paper No. 2014-33. Available at SSRN: http://ssrn.com/abstract=2436048 “In today’s markets where high frequency traders (HFTs) both provide and take liquidity, what influences HFTs’ liquidity provision? I argue that information asymmetry induced by liquidity-taking HFTs’ use of machine-readable information is important. …
“Social safety net programs have grown exponentially around the world in recent years, but more than two-thirds of the world’s 1.2 billion poorest people –those living on less than US$1.25 per day—are still not covered, says a new World Bank report. According to The State of Social Safety Nets 2014, more than 1 billion people in 146 …
“The New York Fed released its Quarterly Report on Household Debt and Credit for the first quarter of 2014, which shows a $129 billion increase in overall household debt from the previous period. Delinquency rates continued to improve, with the overall ninety-plus day delinquency rate falling to 4.8 percent, the lowest it has been since mid-2008. The Federal …
Working Papers No 448 May 2014. The exit from non-conventional monetary policy: what challenges? by Philip Turner “Monetary policies pursued in response to the financial crisis have shown that changes in central bank balance sheets have major macroeconomic consequences. The New Classical Macroeconomics, which gained increasing sway from the late-1980s, had led to an exclusive focus on the policy …
DOD FINANCIAL MANAGEMENT: Actions Under Way Need to Be Successfully Completed to Address Long-standing Funds Control Weaknesses, GAO-14-94: Published: Apr 29, 2014. Publicly Released: May 13, 2014. DOD FINANCIAL MANAGEMENT: Effect of Continuing Weaknesses on Management and Operations and Status of Key Challenges, GAO-14-576T: Published: May 13, 2014. Publicly Released: May 13, 2014. VA EDUCATION BENEFITS: VA Should Strengthen Its Efforts to …
