Category «Economy»

Government Could Hit Debt Ceiling in Mid-October

“An analysis released today by the Bipartisan Policy Center (BPC) finds that the federal government will be unable to meet all of its spending obligations as early as mid-October, unless the debt ceiling is raised. BPC estimates that the federal government will exhaust its borrowing authority and no longer have sufficient funds to pay all …

Subjects: Congress, Economy, Financial System, Government Documents

The G20 Leaders’ Declaration has been published

G20: “In Washington, London and Pittsburgh, we took decisive steps to stimulate the world economy, restore growth, recapitalise financial institutions, launch an ambitious program to reform the financial sector, maintain open markets and clamp-down on tax havens. Significantly, we established the Financial Stability Board (FSB), tripled the resources available to the IMF, and put in …

Subjects: Economy, Education, Energy, Financial System, Government Documents

Home Prices Increase in Most Metro Areas during Second Quarter

“Median home prices continued to rise in the majority of metropolitan areas in the second quarter, with the national year-over-year price showing the strongest gain in seven-and-a-half years, according to the latest quarterly report by the National Association of Realtors®. Despite rising prices and higher mortgage interest rates, a companion breakout of income requirements to …

Subjects: Economy, Financial System

Global and euro imbalances: China and Germany

Global and euro imbalances: China and Germany by Guonan Ma and Robert N McCauley – Working Papers No 424 – September 2013. “We analyse global and euro area imbalances by focusing on China and Germany as large surplus and creditor countries. In the 2000s, domestic reforms in both countries expanded the effective labour force, restrained wages, shifted income towards profits and increased …

Subjects: Economy, Financial System, Government Documents

Intraday dynamics of euro area sovereign CDS and bonds

Intraday dynamics of euro area sovereign CDS and bonds by Jacob Gyntelberg, Peter Hördahl, Kristyna Ters and Jörg Urban Working Papers No 423 September 2013 “The recent sovereign debt crisis in the euro area has seen credit spreads on sovereign bonds and credit default swaps (CDS) surge for a number of member states. While these events have increased interest in understanding the dynamics …

Subjects: Economy, Financial System, Government Documents

Triennial Central Bank Survey of foreign exchange and derivatives market activity in April 2013

“The BIS Triennial Central Bank Survey is the most comprehensive source of information on the size and structure of global foreign exchange and OTC derivatives markets. By increasing market transparency, the Survey aims to help policy makers and market participants to better monitor patterns of activity and exposures in the global financial system. National survey results are …

Subjects: Economy, Financial System

The response of tail risk perceptions to unconventional monetary policy

The response of tail risk perceptions to unconventional monetary policy by Masazumi Hattori, Andreas Schrimpf and Vladyslav Sushko – Working Papers No 425, September 2013 “We evaluate the response of perceived tail risks in financial markets to the implementation of unconventional monetary policy by the U.S. Federal Reserve. Using information from out-of-money equity index options, we find that perceived risks decline significantly in …

Subjects: Economy, Financial System, Government Documents

Leaders endorse new G20/OECD principles on long-term investment financing

News release: “G20 Leaders today endorsed an OECD-launched initiative to encourage the flow of institutional investment towards longer-term assets, such as infrastructure and renewable energy projects, in order to strengthen the global economy. Currently, pension funds, insurers, mutual funds and sovereign wealth funds hold more than USD 80 trillion in assets. Pension funds alone managed over …

Subjects: Economy, Financial System, Government Documents

New on LLRX – Competitive Intelligence: A Selective Resource Guide – September 2013

Via LLRX.com – Competitive Intelligence – A Selective Resource Guide – Completely Updated – September 2013 Sabrina I. Pacifici’s comprehensive current awareness guide focuses on leveraging a selected but wide range of reliable, topical, predominantly free websites and resources. The goal is to support an effective research process to search, discover, access, monitor, analyze and …

Subjects: Blogs, Congress, E-Government, Economy, Financial System, Freedom of Information, Government Documents, Internet, Knowledge Management, Legal Research, Legislation, Libraries, RSS, Search Engines

SNAP/Food Stamp Participation

Food Research and Action Center (FRAC) – “Hunger and poverty affect far too many Americans. Five things you should know about hunger and poverty are: One in six Americans struggled with hunger in 2012. According to the U.S. Department of Agriculture (USDA), more than 48.9 million Americans lived in households struggling against hunger in 2012. …

Subjects: Economy, Financial System, Government Documents, Health Care