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Human Capital and Unemployment Dynamics: Why More Educated Workers Enjoy Greater Employment Stability, by Isabel Cairo and Tomaz Cajner, 2014-09. “Why do more educated workers experience lower unemployment rates and lower employment volatility? A closer look at the data reveals that these workers have similar job finding rates, but much lower and less volatile separation rates than …
“This report – Trade finance: developments and issues, prepared by a Working Group chaired by John Clark (Federal Reserve Bank of New York) – examines the structure and recent evolution of the global trade finance market, and the interplay between changes in trade finance and international trade. In particular, it reviews the available data sources and what they reveal …
BIS Papers No 75 – January 2014. “The volume presents and summarises the proceedings of the high level seminar jointly organised by the Bank of Russia and the Bank for International Settlements in Moscow on 18-20 July 2013 during the G20 meetings. Governors and deputy governors from around 30 BIS shareholder banks participated along with academic …
Federal Employees’ Retirement System: Benefits and Financing, by Katelin P. Isaacs, Analyst in Income Security. January 30, 2014. “Most civilian federal employees who were hired before 1984 are covered by the Civil Service Retirement System (CSRS). Federal employees hired in 1984 or later are covered by the Federal Employees’ Retirement System (FERS). Both CSRS and FERS require participants to …
IMF Working Paper. Sub-National Credit Risk and Sovereign Bailouts: Who Pays the Premium? by E. Jenkner; Zhongjin Lu. January 30, 2014. “Studies have shown that markets may underprice sub-national governments’ risk on the implicit assumption that these entities would be bailed out by their central government in case of financial difficulties. However, the question of whether sovereigns pay …
IMF Working Paper: European Department. Sovereign CDS Spreads in Europe – The Role of Global Risk Aversion, Economic Fundamentals, Liquidity, and Spillovers. Prepared by Frigyes Ferdinand Heinz, Yan Sun. January 28, 2014. “By analysing data from January 2007 to December 2012 in a panel GLS error correction framework we find that European countries’ sovereign CDS spreads are largely …
“On February 12th, 2013, the President issued Executive Order 13636, entitled Improving Critical Infrastructure Cybersecurity (EO 13636). In accordance with Section 8(e), GSA and the Department of Defense submitted recommendations to the President addressing the feasibility, benefits, and merits of incorporating cybersecurity standards into acquisition planning and contract administration, and harmonizing procurement requirements. The jointly authored report …
Tamara S. Smallman, The Glass Boardroom: The SEC’s Role in Cracking the Door Open so Women May Enter, 2013 Colum. Bus. L. Rev. 801 (2013). “This Note explores the current status of gender diversity disclosures under the SEC’s 2009 Proxy Disclosure Enhancements. It draws on original data compiled from the Fortune 50’s 2012 proxies in its analysis of …
Treat or Eat: Food insecurity, cost-related medication underuse and unmet needs. American Journal of Medicine, published online 21 January 2014. Background: ‘Adults with chronic disease are often unable to meet medication and/or food needs, but no study has examined the relationship between cost-related medication underuse and food insecurity in a nationally representative sample. We examined which groups most …
“The European Banking Authority (EBA) has announced the key components of the forthcoming 2014 EU-wide stress test that will be conducted on a wide sample of EU banks. The objective of the EU-wide stress tests is to help supervisors assess the resilience of financial institutions in the European Union to adverse market developments. This exercise …
Overview of the Federal Tax System, Molly F. Sherlock, Specialist in Public Finance; Donald J. Marples, Specialist in Public Finance. January 23, 2014 “The major sources of federal tax revenue are individual income taxes, Social Security and other payroll taxes, corporate income taxes, excise taxes, and estate and gift taxes. This report describes the federal tax structure, provides some statistics …
“Overview of the American Community Survey (ACS) 2014 Content Review: This document provides the historical context for understanding why we are conducting the ACS 2014 Content Review, the rationale for the rationale for ensuring that only necessary questions are asked of the public, and how the public can participate in this review. Milestones – ACS Content Review …
