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“In an unforgiving job market, graduates of top-ranked law schools have had a far easier time landing full-time employment than their peers from the lower ranks. That much is obvious. But how much easier? A Law Blog analysis of the latest American Bar Association employment data paired with the most recent U.S. News & World Report rankings …
The FRB/US Model: A Tool for Macroeconomic Policy Analysis, Flint Brayton, Thomas Laubach, and David Reifschneider “The FRB/US model of the U.S. economy is one of several that Federal Reserve Board staff consults for forecasting and the analysis of macroeconomic issues, including both monetary and fiscal policy. To improve public access to and understanding of the model, …
Michael Madowitz and Matt Markezich | May 1, 2014: “Since the end of the Great Recession, the economy has added 8.3 million jobs, and the unemployment rate has fallen from 10 percent to 6.7 percent. But beneath these top-line numbers, the labor market is still quite fragile. In March, the Federal Reserve tacitly acknowledged the widening gap between the …
Search or browse 256,041 legal entities in 178 countries, registered by 13 LOUs “ABOUT THE LEI SYSTEM – The Global Legal Entity Identifier System (GLEIS) is designed to address the problems of corporate identity, particularly in the financial markets. Read on“
Follow up to The Open Database Of The Corporate World (Beta), news that “version 0.3 of the OpenCorporates API is now live, with many, many new features, improvements (and even a few bug fixes). Along the way, we’ve also given it a visual refresh…Get access to over 60 million companies.
The Economic Importance of Financial Literacy: Theory and Evidence. Annamaria Lusardi and Olivia S. Mitchell. Journal of Economic Literature 2014, 52(1), 1–40 “This paper undertakes an assessment of a rapidly growing body of economic research on financial literacy. We start with an overview of theoretical research, which casts financial knowledge as a form of investment in …
States Are Still Funding Higher Education Below Pre-Recession Levels. Michael Mitchell, Vincent Palacios, and Michael Leachman – May 1, 2014 “Most states have begun in the past year to restore some of the cuts they made to higher education funding after the recession hit. Eight states, though, are still cutting, and in almost all states — including those that are …
The impact of the falling yen on U.S. import prices, by David Mead and Sharon Royales “In the fall of 2012, Japan set forth economic policies aimed at turning around the country’s historic deflationary slide that began in the 1990s. These policies led the Japanese yen to fall dramatically in value relative to the U.S. …
OECD work on Income Distribution and Poverty, May 2014 “The share of the richest 1% in total pre-tax income have increased in most OECD countries in the past three decades, particularly in some English-speaking countries but also in some Nordic (from low levels) and Southern European countries. Today, they range between 7% in Denmark and …
“This report provides data on the demographic characteristics of people close to, but not below, official poverty thresholds from 1966 to 2012. The “near-poor” are people with family income between 100 and 125 percent of the poverty thresholds, allowing for a full examination of the low-income population. The statistics come from the Current Population Survey’s …
“The White House has released a report on big data and the future of privacy. The report “Big Data: Seizing Opportunities, Preserving Values” makes several recommendations to the President: “(1) advance the Consumer Privacy Bill of Rights; (2) pass national data breach legislation; (3) extend privacy protections to non-U.S. persons; (4) ensure data collected on students in schools is …
News Release, April 30, 2014: “The Office of the Comptroller of the Currency (OCC) today released a status report on Independent Foreclosure Review (IFR) Payment Agreements that required the large mortgage servicers to provide $3.9 billion in payments to 4.4 million eligible borrowers and $6.1 billion in other loss mitigation and foreclosure prevention assistance. Because servicers …
