Accurate, Focused Research on Law, Technology and Knowledge Discovery With Daily Postings Since 2002
“Tectonic changes are reshaping U.S. workplaces as the economy moves deeper into the knowledge-focused age. These changes are affecting the very nature of jobs by rewarding social, communications and analytical skills. They are prodding many workers to think about lifetime commitments to retraining and upgrading their skills. And they may be prompting a society-wide reckoning …
The Returns to Knowledge Hierarchies [subscription req’d] Journal of Law, Economics, and Organization”> J Law Econ Organ(2016) doi:10.1093/jleo/eww008 “Hierarchies allow individuals to leverage their knowledge through others’ time. This mechanism increases productivity and amplifies the impact of skill heterogeneity on earnings inequality. This article analyzes the earnings and organization of US lawyers and uses an …
Earnings Inequality and Coordination Costs: Evidence from U.S. Law Firms – Thomas Hubbard, professor of strategy at the Kellogg School and Professor Luis Garicano of the London School of Economics. February 2016. “Earnings inequality has increased substantially since the 1970s. Using evidence from confidential Census data on U.S. law offices on lawyers’ organization and earnings, …
“The Economic Research Tracker is designed to increase the visibility and accessibility of the Bank’s research. Aggregating posts from the Liberty Street Economics blog, this app features the insights and analysis of New York Fed economists in an easy-to-use interface that can be customized according to a user’s preferences. Users can search the full catalog …
This video report highlights the consistently increasing costs of text books in both print and e-format and the struggles of many students to to fund their purchase.
IMF World Economic Outlook (WEO), October 2016: Subdued Demand: Symptoms and Remedies “Global growth is projected to slow to 3.1 percent in 2016 before recovering to 3.4 percent in 2017. The forecast, revised down by 0.1 percentage point for 2016 and 2017 relative to April, reflects a more subdued outlook for advanced economies following the …
CBO – “The federal government ran a budget deficit of $588 billion in fiscal year 2016, the Congressional Budget Office estimates—$149 billion greater than the shortfall recorded in fiscal year 2015. The 2016 deficit equaled an estimated 3.2 percent of gross domestic product (GDP), up from 2.5 percent of GDP in 2015. The increase in …
“Preferential trade agreements (PTAs) are treaties that remove barriers to trade and set rules for international commerce between two countries or among a small group of countries. PTAs directly affect a country’s economy by altering its flows of trade and investment. Primarily through trade, PTAs indirectly affect other aspects of a country’s economy—such as productivity, …
WSJ.com – Appeals Court Deals Setback to Consumer-Watchdog Agency. Federal three-judge panel rules CFPB’s structure is unconstitutional but rejects idea of shutting down agency. New York Times – Court Gives President More Power Over Consumer Agency Chief – An appeals court panel said the director of Consumer Financial Protection Bureau was too independent, so it gave the president the …
Center Staff, Access Group, 2016 Legal Education Data Deck: Key Trends on Access, Affordability, and Value (March 10, 2016). Access Group Center for Research & Policy Analysis Research Paper No. 16-01. Available at SSRN: http://ssrn.com/abstract=2747676 or http://dx.doi.org/10.2139/ssrn.2747676 “On March 10, 2016, the Access Group Center for Research & Policy Analysis released the 2016 Legal Education Data Deck (the …
CRS Report via FAS – Social Security Administration (SSA): FY2017 Appropriations and Recent Trends, William R. Morton, Analyst in Income Security, October 5, 2016. “The Social Security Administration (SSA) is responsible for administering a number of federal entitlement programs that provide income support (cash benefits) to qualified individuals. These programs are Old-Age, Survivors, and Disability Insurance (OASDI), commonly known …
The Wells Fargo fake account scandal, first uncovered by the Los Angeles Times in 2013, is growing. Perhaps that is not surprising, given how egregious the scheme was and the tepid response from the bank. In creating a boiler-room sales environment, the bank failed its investors and front-line employees, but it also failed its customers and communities….However, Wells Fargo …
