Category «Economy»

The Inequality of Declining Wages During the Recovery

The Inequality of Declining Wages During the Recovery – National Employment Law Project Fact Sheet, July 2013. “A previous NELP analysis found that while job losses during the recession were heavily concentrated in mid-wage occupations, the early recovery was led by employment growth in lower-paying occupations. This fact sheet turns from analyzing employment to analyzing  …

Subjects: Economy, Financial System, Government Documents

New GAO Reports: Army Logistics, Coast Guard, Defense Acquisitions, Defective Drywall, Drug Compounding

Army Logistics – Container Handling Equipment Requirements, Contracts, and Inventory, GAO-13-719R, Jul 31, 2013 Coast Guard – Observations on Progress Made and Challenges Faced in Developing and Implementing a Common Operational Picture, GAO-13-784T, Jul 31, 2013 Defense Acquisitions – DOD Efforts to Adopt Open Systems for Its Unmanned Aircraft Systems Have Progressed Slowly, GAO-13-651, Jul …

Subjects: Economy, Financial System, Government Documents

Dallas Fed – The Costs and Consequences of the 2007–09 Financial Crisis

How Bad Was It? The Costs and Consequences of the 2007–09 Financial Crisis –  Staff PAPERS. Federal Reserve Bank of Dallas No. 20, July 2013. Tyler Atkinson, David Luttrell, Harvey Rosenblum “The 2007-2009 financial crisis was associated with a huge loss of economic output and financial wealth, psychological consequences and skill atrophy from extended unemployment, …

Subjects: Economy, Financial System, Government Documents

Basel III’s Capital Adequacy Requirements

Howard, Cory, ‘Under Pressure’: Basel III’s Capital Adequacy Requirements Squeeze Broker-Dealer’s Returns on Equity, Increase the Need for the Imposition of Uniform Fiduciary Duties (July 23, 2013). John Marshall Law Journal, Vol. 7, No. 1, Fall 2013, Forthcoming. Available at SSRN “The most recent round of international banking regulations promulgated by the Basel Committee on …

Subjects: Economy, Financial System, Government Documents

On the correlation between commodity and equity returns

On the correlation between commodity and equity returns: implications for portfolio allocation. by Marco Jacopo Lombardi and Francesco Ravazzolo.  Working Papers No 420, July 2013. Bank for International Settlement. “In the recent years several commentators hinted at an increase of the correlation between equity and commodity prices, and blamed investment in commodity-related products for this. …

Subjects: Economy, Financial System, Government Documents

New GAO Reports – Farm Programs, Grant Workforce, Insurance Markets, Medicare, NOAA, Education

Farm Programs – USDA Needs to Do More to Prevent Improper Payments to Deceased Individuals, GAO-13-503, Jun 28, 2013 Grant Workforce – Agency Training Practices Should Inform Future Government-wide Efforts, GAO-13-591, Jun 28, 2013 Insurance Markets – Impacts of and Regulatory Response to the 2007-2009 Financial Crisis, GAO-13-583, Jun 27, 2013 Medicare – Ownership Status …

Subjects: Economy, Education, Financial System, Government Documents

Diaper Need and Its Impact on Child Health

Diaper Need and Its Impact on Child Health – Megan V. Smith, Anna Kruse, Alison Weir, and Joanne Goldblum. Pediatrics peds. 2013-0597; published ahead of print July 29, 2013, doi:10.1542/peds.2013-0597.  “This study quantifies diaper need, proposes a method to measure diaper need, and explores psychosocial and demographic variables associated with diaper need in a large sample …

Subjects: Economy

McKinsey – Measuring the full impact of digital capital

Measuring the full impact of digital capital July 2013 | byJacques Bughin and James Manyika “On July 31, 2013, the US Bureau of Economic Analysis will release, for the first time, GDP figures categorizing research and development as fixed investment. It will join software in a new category called intellectual-property products. In our knowledge-based economy, this is a sensible …

Subjects: E-Commerce, Economy, Financial System, Knowledge Management

The Committee on Foreign Investment in the United States

CRS – The Committee on Foreign Investment in the United States (CFIUS). James K. Jackson, Specialist in International Trade and Finance-June 12, 2013. “The Committee on Foreign Investment in the United States (CFIUS) is comprised of nine members, two ex officio members, and other members as appointed by the President representing major departments and agencies …

Subjects: Congress, Economy, Government Documents

Transparency of Proprietary Schools’ Financial Statement Data for Federal Student Aid Programmatic Decisionmaking

“This final audit report, Transparency of Proprietary Schools’ Financial Statement Data for Federal Student Aid Programmatic Decisionmaking, presents the results of our audit. The purpose of the audit was to determine whether the audited financial statements submitted by proprietary schools under Title 34 of the Code of Federal Regulations, Section 668.23 (34 C.F.R. § 668.23) …

Subjects: Economy, Education, Government Documents