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April 2014 | by David Frankel, Kenneth Ostrowski, and Dickon Pinner: “The economics of solar power are improving. It is a far more cost-competitive power source today than it was in the mid-2000s, when installations and manufacturing were taking off, subsidies were generous, and investors were piling in. Consumption continued rising even as the MAC Global Solar Energy …
“The property price statistics bring together data from different countries. The BIS, with the assistance of its member central banks, 1 has obtained approval of various national data providers to disseminate the statistics as long as the original national sources are clearly indicated. The sources and any relevant disclaimers are listed separately (sources of data). Copyright in these data must …
March 31, 2014: “The recent financial crisis not only revealed weaknesses in risk management, control and governance processes at banks, but also highlighted the need to improve the quality of external audits of banks. Given the central role banks play in contributing to financial stability, and therefore the need for market confidence in the quality …
March 31, 2014: “The Basel Committee’s final standard on The standardised approach for measuring counterparty credit risk exposures includes a comprehensive, non-modelled approach for measuring counterparty credit risk associated with OTC derivatives, exchange-traded derivatives, and long settlement transactions. The new standardised approach (SA-CCR) replaces both the Current Exposure Method (CEM) and the Standardised Method (SM) in the …
Speech by Mr Peter Zöllner, Head of the BIS Banking Department, to the 53rd ACI Financial Markets World Congress 2014, Berlin, 29 March 2014. “FX turnover reached an all-time high of $5.3 trillion per day in April 2013, up by 35% relative to 2010. This was faster than the 20% rise from 2007 to 2010, but …
Basker, Emek and Miranda, Javier, Taken by Storm: Business Survival in the Aftermath of Hurricane Katrina (March 30, 2014). Available at SSRN: http://ssrn.com/abstract=2417911 “We use Hurricane Katrina’s damage to the Mississippi coast in 2005 as a natural experiment to study business survival in the aftermath of a cost shock. We find that damaged establishments that …
Federal Employees’ Retirement System: Budget and Trust Fund Issues, Katelin P. Isaacs, Analyst in Income Security, March 24, 2014 “Most of the civilian federal workforce is covered by one of two retirement systems: (1) the Civil Service Retirement System (CSRS) for individuals hired before 1984 or (2) the Federal Employees’ Retirement System (FERS) for individuals hired in 1984 or …
The Future of Employment: How Susceptible Are Jobs to Computerisation? Carl Benedikt Frey and Michael A. Osborne, September 17, 2013 “Nearly half of US jobs could be susceptible to computerisation over the next two decades, a study from the Oxford Martin Programme on the Impacts of Future Technology suggests. The study, a collaboration between Dr Carl Benedikt Frey (Oxford Martin School) and Dr Michael …
The European Foundation for the Improvement of Living and Working Conditions (Eurofound) is a tripartite European Union Agency, whose role is to provide knowledge in the area of social and work-related policies. “The economic crisis has reshaped the lives of millions of European citizens. But how has it affected families with children? Children are more …
Grunes, Allen P. and Stucke, Maurice E., The Beneficent Monopolist (March 26, 2014). Competition Policy International, April 2014, Forthcoming. Available at SSRN: http://ssrn.com/abstract=2416565 “In examining Comcast’s proposed acquisition of Time Warner Cable (TWC), we assess three of the arguments Comcast likely will make to the Department of Justice and FCC. Comcast will likely argue that …
CRS – The Trend in Long-Term Unemployment and Characteristics of Workers Unemployed for Two Years or More, Gerald Mayer, Analyst in Labor Policy, March 24, 2014 “One of the characteristics of the recession that officially began in the United States in December 2007 and ended in June 2009 was the unprecedented rise in long-term unemployment. The longterm unemployed are often …
“The Economic Report of the President is an annual report written by the Chairman of the Council of Economic Advisers. It overviews the nation’s economic progress using text and extensive data appendices. The Economic Report of the President is transmitted to Congress no later than ten days after the submission of the Budget of the …
