Category «Economy»

Paper – Foreign exchange intervention and expectation in emerging economies

Foreign exchange intervention and expectation in emerging economies by Ken Miyajima, Working Papers No 414, Bank for International Settlements, June 2013 “Using monthly data for four selected emerging economies, sterilised central bank foreign exchange intervention is found to have little systematic influence on the near-term nominal exchange rate expectations in the direction intended by the …

Subjects: Economy, Government Documents

New GAO Reports – Export-Import Bank, Community Bank Failures, Bridge Conditions

Export-Import Bank – Recent Growth Underscores Need for Improved Risk Management and Reporting, GAO-13-703T, Jun 13, 2013 Financial Institutions – Causes and Consequences of Recent Community Bank Failures, GAO-13-704T, Jun 13, 2013 Transportation Infrastructure – Limited Improvement in Bridge Conditions over the Past Decade, but Financial Challenges Remain, GAO-13-713T, Jun 13, 2013

Subjects: Economy, Government Documents

Cisco Report – The Financial Impact of BYOD

“To help companies determine the current and potential value of BYOD, Cisco IBSG conducted a detailed financial analysis of BYOD in six countries. Our findings show that, on average, BYOD is saving companies money and helping their employees become more productive. But the value companies currently derive from BYOD is dwarfed by the gains that …

Subjects: Economy, Internet

Paper – News-Driven Return Reversals: Liquidity Provision Ahead of Earnings News

News-Driven Return Reversals: Liquidity Provision Ahead of Earnings News – Eric C. So, Massachusetts Institute of Technology (MIT) – Sloan School of Management; Sean Wang, University of North Carolina Kenan-Flagler Business School. June 7, 2013 “This study documents a six-fold increase in short-term return reversals during earnings announcements relative to non-announcement periods. Following prior research, …

Subjects: Economy

LSE Cities launches new interactive website to show how financial crisis has affected European cities

“London School of Economics and Political Science Cities (LSE Cities) has launched a new free online resource, supported by the Higher Education Innovation Fund, which shows the impact of economic recession and recovery in over 150 of Europe’s largest metropolitan areas. Drawing on forecasting data previously unavailable to the public, the European Metromonitor features an …

Subjects: E-Government, Economy, Government Documents

The London Finance Commission’s Report

“The London Finance Commission, chaired by London School of Economic’s Professor Tony Travers, has released a new report calling for greater financial freedoms for the capital, giving London government the autonomy to invest in its own vital infrastructure as its population and economy grow, and bring London in line with competitor global cities. The London …

Subjects: Economy, Government Documents

Chicago Fed Letter – Estimating the trend in employment growth

Estimating the trend in employment growth by Daniel Aaronson, vice president and director of microeconomic research, and Scott Brave, senior business economist, July 2013: “For the unemployment rate to decline, the U.S. economy needs to generate above-trend job growth. We currently estimate trend employment growth to be around 80,000 jobs per month, and we expect …

Subjects: Economy, Government Documents

Federal Reserve – Financial Accounts of the United States, Z.1 statistical release

“The Z.1 statistical release, previously named Flow of Funds Accounts of the United States, has been renamed Financial Accounts of the United States. As part of the redesign of the Z.1 release, annual tables for the Integrated Macroeconomic Accounts (IMA) are now included. Previously, the IMA were available in the Flow of Funds Guide. Some …

Subjects: E-Government, Economy, Government Documents

Federal Reserve Board – Beige Book – June 5, 2013

Beige Book – June 5, 2013 – Summary of Commentary on Current Economic Conditions by Federal Reserve District: “Overall economic activity increased at a modest to moderate pace since the previous report across all Federal Reserve Districts except the Dallas District, which reported strong economic growth. The manufacturing sector expanded in most Districts since the …

Subjects: Economy, Government Documents