Category «Financial System»

Social Security Administration Cuts Hurt Every State

Center on Budget and Policy Priorities – “As the baby boom generation ages into its peak years for retirement and disability, the demands on the Social Security Administration (SSA) are reaching all-time highs.  Yet Congress has cut SSA’s core operating budget by 10 percent since 2010, after adjusting for inflation. These cuts hurt SSA’s service …

Subjects: Economy, Financial System, Government Documents

Income, Poverty and Health Insurance Coverage in the US 2015

“The U.S. Census Bureau announced today that real median household income increased by 5.2 percent between 2014 and 2015 while the official poverty rate decreased 1.2 percentage points. At the same time, the percentage of people without health insurance coverage decreased. Median household income in the United States in 2015 was $56,516, an increase in …

Subjects: Economy, Financial System, Government Documents, Poverty

Review of CBO’s August 2016 Budget Projections

“On August 23, CBO released its most recent budget and economic projections. Because the Congress was out of session at that time, we thought we’d review those budget projections today. (Earlier, our colleagues reviewed the economic projections.) In fiscal year 2016, the federal budget deficit will increase in relation to economic output for the first …

Subjects: Economy, Financial System, Government Documents

Blog Series: The Higher Education Market and Student Debt

New York Fed – Liberty Street Economics Blog (first of four blog postings): “The past decade and a half has seen dramatic changes in the higher education landscape, characterized by significant growth in enrollment. This growth has been concentrated mostly in for-profit schools, where enrollment skyrocketed in the first decade of the period, nearly quadrupling …

Subjects: Economy, Education, Financial System

Treasury IG – Processes Are Not Sufficient to Assist Victims of Employment-Related Identity Theft

Treasury Inspector General for Tax Administration – Processes Are Not Sufficient to Assist Victims of Employment-Related Identity Theft. August 10, 2016. Reference Number: 2016-40-065. “Taxpayers identified as victims of employment-related identity theft are not notified. During the period February 2011 to December 2015, the IRS identified almost 1.1 million taxpayers who were victims of employment-related …

Subjects: Cybercrime, Cybersecurity, Economy, Financial System, Government Documents, ID Theft

FT 2016 masters in management rankings

Via the Financial Times, September 11, 2016: “The University of St Gallen’s domination of the Financial Times’ ranking of masters in management courses continues for another year. The Swiss school came top of the list of 90 best masters programmes worldwide in 2016, winning its sixth consecutive crown. France’s HEC Paris and Essec Business School …

Subjects: Economy, Financial System

Paper – Do Firms Engage in Risk-Shifting? Empirical Evidence

Gilje, Erik, Do Firms Engage in Risk-Shifting? Empirical Evidence (September 9, 2016). Available for download at SSRN: http://ssrn.com/abstract=2837013 “I empirically test whether firms engage in risk-shifting. Contrary to what risk-shifting theory predicts, I find that firms reduce investment risk when they approach financial distress. To identify the effect of distress on risk-taking, I use a …

Subjects: Economy, Financial System, Knowledge Management

2014 Business Dynamics Statistics

“The Business Dynamics Statistics provide annual statistics on establishments, firm startups, and job creation and loss from 1976 to 2014 by firm size, firm age, industrial sector, state and metropolitan statistical area. These statistics provide snapshots of current and historical U.S. entrepreneurial activity, plus geographic and industry detail about where jobs are being created and …

Subjects: Economy, Financial System, Government Documents, Knowledge Management

401(k) Plans: DOL Could Improve Use of Lifetime Income Options

401(K) PLANS: DOL Could Improve Use of Lifetime Income Options, GAO-16-433: Published: Aug 9, 2016. Publicly Released: Sep 8, 2016. “Workers relying in large part on their 401(k) plan in retirement may not always have a feasible way to make their savings last throughout retirement. Responses to GAO’s non-generalizable questionnaire from 11 401(k) plan record …

Subjects: Economy, Financial System, Government Documents, Knowledge Management, Legal Research

NextGov – Who’s in Charge of Regulating the Internet of Things?

Via NextGov – “The “internet of things” refers to a group of technology so vast the term is beginning to lose meaning. The internet of things hints at a vision of a ubiquitous network of electronics: refrigerators pinging their owners’ smartphones if they’ve run out of eggs, wearable devices that can detect the tell-tale vibrations of …

Subjects: E-Commerce, E-Government, Economy, Financial System, Internet, Knowledge Management, Legal Research, Privacy

The EU in the world statistical report

The EU in the world 2016 — A statistical portrait is an online and printed Eurostat publication, also downloadable in pdf format, ISBN 978-92-79-59231-7, doi: 10.2785/745946, Cat. No KS-EX-16-001-EN-N. “Eurostat is the statistical office of the European Union (EU), situated in Luxembourg. Its task is to provide the EU with statistics at a European level …

Subjects: E-Government, Economy, Financial System, Government Documents, Legal Research