Category «Economy»

Investor Complacency Regarding The Government Shutdown

S&P Capital IQ (no fee req’d) – Investor Complacency Regarding The Government Shutdown And Related Politicking Is Justified, For Now “For the past week, financial market pundits have repeatedly asked the question, why are investors so “complacent” about the potential risks associated with a temporary shutdown of the U.S. federal government? The answer to this question is multi-faceted, …

Subjects: Economy, Financial System, Government Documents

Forecasting inflation and the Great Recession

Forecasting Inflation and the Great Recession, Marco Bassetto, Todd Messer, and Christine Ostrowski. Federal Reserve Bank of Chicago. October 2013. “Economic Perspectives article shows how the recovery of inflation in 2009-10 occurred precisely at the only time (since 1985) the models would predict disinflation, i.e., inflation went up when the models said it should go down.”  

Subjects: Economy, Financial System, Government Documents

Residential Segregation by Income, 1970-2009

Via US2010 project of the Russell Sage Foundation and Brown University – Residential Segregation by Income, 1970-2009.  Kendra Bischoff, Cornell University and Sean F. Reardon, Stanford University “Every city or metropolitan area in the U.S. has higher- and lower-income neighborhoods. The extent to which these neighborhoods differ in their average socioeconomic status, however,  varies considerably. Moreover, this socioeconomic residential sorting has …

Subjects: Economy, Financial System, Government Documents

Fitch Places United States’ ‘AAA’ on Rating Watch Negative

Fitch Ratings has placed the United States of America’s (U.S.) ‘AAA’ Long-term foreign and local currency Issuer Default Ratings (IDRs) on Rating Watch Negative (RWN). “The ratings of all outstanding U.S. sovereign debt securities have also been placed on RWN, as has the U.S. Short-term foreign currency rating of ‘F1+’. The Outlook on the Long-term …

Subjects: Economy, Financial System

Federal Reserve Board – Beige Book – October 16, 2013

Summary of Commentary on Current Economic Conditions by Federal Reserve District: “Prepared at the Federal Reserve Bank of Chicago and based on information collected on or before October 7, 2013. This document summarizes comments received from business and other contacts outside the Federal Reserve and is not a commentary on the views of Federal Reserve …

Subjects: Economy, Financial System, Government Documents

Report – The Cost of Crisis-Driven Fiscal Policy

“Even as Congressional leaders and the president discuss a potential temporary solution to the current stalemate over the government shutdown and the debt ceiling, the repeated cycle of lurching from crisis to crisis has significant and real costs to the U.S. economy A new report, prepared by Macroeconomic Advisers, LLC for the Peter G. Peterson …

Subjects: Economy, Financial System, Government Documents

Mortgage Market Conditions and Borrower Outcomes

Mortgage Market Conditions and Borrower Outcomes: Evidence from the 2012 HMDA Data and Matched HMDA–Credit Record Data, Neil Bhutta and Glenn B. Canner “This article describes mortgage lending activity in 2012 based on newly available data reported under the Home Mortgage Disclosure Act of 1975 (HMDA). In addition, we present the results of a first …

Subjects: Economy, Financial System, Legislation

Poll – The New American Center

“An exclusive Esquire-NBC News survey [rendered in a series of infographics that accompany the data for each respective question/answer] shows us that everything we are told about politics in America today—that there is no middle ground between left and right, blue and red, us and them—is wrong. The data, compiled by the Benenson Strategy Group …

Subjects: Blogs, Civil Liberties, Congress, Economy, Education, Energy, Free Speech, Government Documents, Legal Research

Paper – Micro-Units and Accessory Dwelling Units

Housing Changing Households: Regulatory Challenges for Micro-Units and Accessory Dwelling Units, John Infranca, Suffolk University Law School; Furman Center for Real Estate and Urban Policy, October 10, 2013. Stanford Law & Policy Review, 2014, Forthcoming “The existing stock of affordable rental housing falls significantly short of the need in many areas of the country. In …

Subjects: Economy, Financial System, Legal Research