Category «Economy»

How do individual sectors respond to macroeconomic shocks? A structural dynamic factor approach applied to Swiss data

How do individual sectors respond to macroeconomic shocks? A structural dynamic factor approach applied to Swiss data – Gregor Baurle and Elizabeth Steiner, September 5, 2013 “Surprisingly little empirical work is available on how individual production sectors respond to macroeconomic shocks. The model developed in this paper quantifies the impact of monetary policy, exchange rates …

Subjects: Economy, Financial System

The Effects of Policy Guidance on Perceptions of the Fed’s Reaction Function

Katherine Femia, Steven Friedman, and Brian Sack. Federal Reserve Bank of New York, November 1, 2013. “In the past few years, the Federal Open Market Committee (FOMC) has been using forward guidance about the federal funds rate in a more explicit way than ever before. This paper explores the market reaction to the forward guidance, with particular focus …

Subjects: Climate Change, Economy, Financial System, Government Documents

Is an Aging Workforce Less Productive? No!

Brookings – Gary Burtless: “As the population grows older an increasing percentage of the workforce will be past age 60. Older workers are ordinarily thought to be less productive than younger ones, raising the question of whether an aging workforce will also be a less productive one. In new research funded by the Social Security …

Subjects: Economy

CRS – Sovereign Debt in Advanced Economies

Sovereign Debt in Advanced Economies: Overview and Issues for Congress, Rebecca M. Nelson – Analyst in International Trade and Finance. October 28, 2013 “High levels of sovereign debt in advanced economies are of interest to Congress for a number of reasons. First, the IMF has identified advanced economy debt as a possible threat to the global economic recovery, as countries …

Subjects: Congress, Economy, Financial System, Government Documents

Stanford Medical School – Seeking a Path to Health on Rosebud Indian Reservation

BY TRACIE WHITE – ILLUSTRATIONS BY JEFFREY DECOSTER “Cursed with some of the highest suicide rates in the country, tribal leaders declared a state of emergency here back in 2007 making headlines in The New York Times. But today, six years later, not much has changed. Across the United States, American Indian and Alaska Native youth ages …

Subjects: Civil Liberties, Economy, Education, Government Documents, Health Care, Legal Research

Urbanisation in emerging markets: boon and bane for insurers

“The world’s urban population is forecast to grow by about 1.4 billion to 5 billion between 2011 and 2030, with 90% of the increase coming in the emerging markets. Swiss Re’s latest sigma study Urbanisation in emerging markets: boon and bane for insurers reviews the rapid growth of towns and cities in emerging markets. It …

Subjects: Economy, Financial System, Government Documents

Mind the risk – A global ranking of cities under threat from natural disasters

“For the first time in human history more people live in cities than in rural areas. The United Nations expects 6.3 billion people or 68% of the world’s population to be living in urban areas by 2050, with the highest increase occurring in high growth markets. Many of these cities are located on the coast and are threatened by …

Subjects: Climate Change, Economy, Government Documents

Report on U.S. Portfolio Holdings of Foreign Securities at End-Year 2012

News release – includes data: “The findings from the annual survey of U.S. portfolio holdings of foreign securities at year-end 2012 were released today and posted on the Treasury web site here. The survey was undertaken jointly by the U.S. Department of the Treasury, the Federal Reserve Bank of New York, and the Board of …

Subjects: Economy, Financial System, Government Documents

Finance and Economics Discussion Series – Payday Lending Regulation

Payday Lending Regulation – Alex Kaufman, September 2013 “To date the debate over payday lending has focused on whether access to such lending is on net beneficial or harmful to consumer welfare. However, payday loans are not one product but many, and different forms of lending may have different welfare implications. The current diversity in …

Subjects: Economy, Financial System, Government Documents

Federal Reserve Board releases supervisory scenarios and instructions for 2014 capital planning and stress testing

“The Federal Reserve Board on Friday issued the supervisory scenarios that will be used in the 2014 capital planning and stress testing program, as well as instructions to firms with timelines for submissions. The program includes the Comprehensive Capital Analysis and Review (CCAR) of 30 bank holding companies with $50 billion or more of total …

Subjects: Economy, Financial System, Government Documents

401(k) Participants in the Wake of the Financial Crisis

“The annual EBRI/ICI 401(k) database update report is based on large cross-sections of 401(k) plan participants. Whereas the cross-sections cover participants with a wide range of participation experience in 401(k) plans, meaningful analysis of the potential for 401(k) participants to accumulate retirement assets must examine how a consistent group of participants’ accounts change over time. …

Subjects: Economy, Financial System, Government Documents

Pew Unveils Policy Recommendations to Solve Payday Loan Problems

“A report released by The Pew Charitable Trusts today provides guidance for federal and state policymakers on how to make the payday loan marketplace more safe, transparent, and predictable. According to a series of studies by Pew, repayment of these short-term loans takes 36 percent of the paycheck of the average borrower, who can afford …

Subjects: Economy, Education, Financial System, Government Documents

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