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Presentation on Raising the Excise Tax on Cigarettes: Effects on Health and the Federal Budget – Presentation by James Baumgardner, CBO’s Deputy Assistant Director for Health, Retirement, and Long-Term Analysis, to the 30th International Congress of Actuaries
Lawrence R. Klein Award recipients announced for 2013 04/02/2014 Unemployment continued its downward trend in 2013 04/01/2014 Nonfarm employment continued its road to recovery in 2013 03/28/2014 Women not yet “on board” 03/28/2014 A better way to measure pay differentials among industries 03/19/2014 Investment in higher education by race and ethnicity 03/11/2014 Single mothers and welfare: a new perspective 03/11/2014 New college …
News release: “Action taken by many European countries to return their public finances to health are beginning to pay off, says the OECD. The Euro area economies which emerged from the crisis with serious current account deficits are now in surplus. Debt-to-GDP ratios are stabilising and market tensions have abated. Although Europe’s economies are slowly growing …
“Total nonfarm payroll employment rose by 192,000 in March, and the unemployment rate was unchanged at 6.7 percent, the U.S. Bureau of Labor Statistics reported today. Employment grew in professional and business services, in health care, and in mining and logging. Household Survey Data – In March, the number of unemployed persons was essentially unchanged at 10.5 million, …
CRS – The Volcker Rule: A Legal Analysis, David H. Carpenter, Legislative Attorney; M. Maureen Murphy, Legislative Attorney. March 27, 2014. “On December 10, 2013, more than two years after the statutorily mandated deadline, five federal financial regulators published final regulations (hereinafter, the regulations) implementing Section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (hereinafter, Section 619 or the statute). Together these …
High-performing companies have women in senior management: “Cristian Dezsö at the University of Maryland, and David Ross at Columbia University Business School applied Standard & Poor’s ExecuComp data to the top 1,500 US firms from 1992 to 2006. They examined the relationship between firm quality as measured by Tobin’s Q (the market value of a …
“The Occupational Employment Statistics (OES) program produces employment and wage estimates annually for over 800 occupations. These estimates are available for the nation as a whole, for individual States, and for metropolitan and nonmetropolitan areas; national occupational estimates for specific industries are also available. The May 2013 Occupational Employment Statistics data were released on April 1, 2014 and …
Tobias Adrian, Staff Report No. 664, February 2014: “This paper explores financial stability policies for the shadow banking system. I tie policy options to economic mechanisms for shadow banking that have been documented in the literature. I then illustrate the role of shadow bank policies using three examples: agency mortgage real estate investment trusts, leveraged lending, and captive …
David Hou, David Skeie – Staff Report No. 667 – March 2014 “The London Interbank Offered Rate (LIBOR) is a widely used indicator of funding conditions in the interbank market. As of 2013, LIBOR underpins more than $300 trillion of financial contracts, including swaps and futures, in addition to trillions more in variable-rate mortgage and student loans. LIBOR’s …
Botta, Alberto, Structural Asymmetries at the Roots of the Eurozone Crisis: What’s New for Industrial Policy in the EU? (March 31, 2014). Levy Economics Institute, Working Papers Series No. 794. Available at SSRN: http://ssrn.com/abstract=2418530 “In this paper, we analyze and try to measure productive and technological asymmetries between central and peripheral economies in the eurozone. …
Via the Urban Institute: Brett Theodos, Emma Kalish, Signe-Mary McKernan, Caroline Ratcliffe: “Using the National Financial Capability Survey, we examine differences among men and women in financial knowledge, behavior, and well-being. We find that women are less financially knowledgeable than men. Women are less willing than men to take financial risks and have more credit cards than men. However, …
“Today’s business leaders are inundated with a vast ongoing flow of information. Technological advances allow us to track financial results, customer behavior and operational performance on an up-to-the-minute basis. It is therefore only natural for leaders to expect that all business-relevant information — including employee opinion — should be gathered and reported on an equally …
