Category «Economy»

MIT Faculty share 10,000 articles freely – with an appreciative world

Ellen Duranceau: “In the four years since the MIT Faculty adopted their Open Access Policy, the collection housing their open access articles has shown steady growth, and recently topped 10,000 papers. These papers are not simply stored and counted, however. They are read by grateful readers from all around the world. The stories are as …

Subjects: Economy, Financial System, Internet, Knowledge Management, Libraries

FAQ on JPMorgan’s $13 billion in progress settlement

Neil Irwin – Washington Post [snipped] “What is JPMorgan Chase? – It’s the largest bank in the United States, with $2.4 trillion in assets. It is active in a wide variety of financial services businesses, including both what you might think of as ordinary consumer banking–taking deposits and offering car loans, mortgages, and credit cards–and …

Subjects: Economy, Financial System, Government Documents, Legal Research

EBA publishes final draft technical standards on NPLs and Forbearance reporting requirements

“The European Banking Authority (EBA) released today its final technical standards on supervisory reporting on Non-Performing Exposures and Forbearance, which will provide consistent indicators of asset quality of banks across the European Union. The EBA also issued recommendations on asset quality reviews (AQRs) aimed at supporting existing and/or planned reviews across the EU. The standards …

Subjects: Economy, Financial System, Government Documents

Working Paper – The Political Polarization Index

Working Paper No. 13-41 – The Political Polarization Index, Marina Azzimonti, September 2013. Federal Reserve Bank of Philadelphia. “American politics have become increasingly polarized in recent decades. To the extent that political polarization introduces uncertainty about economic policy, this pattern may have adversely a ected the economy. According to existing theories, a rise in the volatility …

Subjects: Congress, Economy, Financial System, Government Documents

Gallup – Americans Report Worse Hiring Situation During Shutdown

“The shutdown clearly affected Americans’ confidence in the economy, and made them less optimistic about their own standard of living. But one unfortunate though real economic effect of the shutdown was a likely damper on hiring activity, which prior to the government’s suspending non-essential services had been the most positive since the recession ended. Both …

Subjects: Congress, Economy, Financial System, Government Documents

Paper – Fiscal Foundations of Inflation: Imperfect Knowledge

Fiscal Foundations of Inflation: Imperfect Knowledge, Stefano Eusepi and Bruce Preston. October 4, 2013 “This paper proposes a theory of the fiscal foundations of  inflation based on imperfect knowledge and learning. The theory is similar in spirit to, but distinct from, unpleasant monetarist arithmetic and the fiscal theory of the price level. Because the assumption …

Subjects: Economy, Financial System, Government Documents

Census reports sharp increase in rental of single family homes

USAToday – Many metro areas have seen significant increases in rented single-family homes since 2006, Census Bureau data shows. “At least a fifth of all occupied single-family homes were rentals last year in 32 of the nation’s top metropolitan regions, according to a USA TODAY analysis of U.S. Census Bureau data. That’s up from seven …

Subjects: Economy, Financial System, Government Documents

The State of Homelessness In America 2013

Point-in-Time estimates of homelessness “Each January, communities across the United States—organized in Continuums of Care (CoCs)—conduct comprehensive point-in-time counts of families and individuals experiencing homelessness. Using local electronic administrative records, communities collect information about people sleeping in emergency shelters and transitional housing on a given night. In addition, outreach workers and volunteers conduct a census …

Subjects: Economy, Financial System, Government Documents

Global Wealth Report 2013

PRNewswire — “The Credit Suisse Research Institute released its fourth annual Global Wealth Report 2013, which finds that from mid-2012 to mid-2013 aggregate global household wealth increased by 4.9% in current dollar terms to USD 241 trillion , despite the continuing challenges posed by the economic environment. North America gained USD 8.4 trillion, an increase of 11.9%, fueled by a …

Subjects: Economy, Financial System, Government Documents

New GAO Reports – Farm Programs, Critical Isotopes, Medicare Info Tech, Nuclear Power

FARM PROGRAMS – Changes Are Needed to Eligibility Requirements for Being Actively Involved in Farming, GAO-13-781, Sep 26, 2013 MANAGING CRITICAL ISOTOPES – Stewardship of Lithium-7 Is Needed to Ensure a Stable Supply, GAO-13-716, Sep 19, 2013 MEDICARE INFORMATION TECHNOLOGY- Centers for Medicare and Medicaid Services Needs to Pursue a Solution for Removing Social Security Numbers from Cards, GAO-13-761, Sep 10, …

Subjects: Economy, Government Documents, Internet, Knowledge Management, Medicine

OECD Anti-Bribery Convention – Bribery in international business – Russia

“This Phase 2 Report on the Russian Federation by the OECD Working Group on Bribery evaluates and makes recommendations on the Russian Federation’s implementation of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and the 2009 Recommendation of the Council for Further Combating Bribery of Foreign Public Officials in …

Subjects: Economy, Financial System, Legal Research