Category «Financial System»

International Banking and Cross-Border Effects of Regulation: Lessons from France

 Bussière, Matthieu and Schmidt, Julia and Vinas, Frédéric, International Banking and Cross-Border Effects of Regulation: Lessons from France (august 2016). DOCUMENT DE TRAVAIL N° 599. Available for download at SSRN: http://ssrn.com/abstract=2833842 “As part of the International Banking Research Network, the Banque de France contribution to the research project on prudential policy spillovers concentrates on the …

Subjects: Economy, Financial System

Economics, EQ, and Finance: the Next Frontier in Legal Education

Pierson, Pamela Bucy, Economics, EQ, and Finance: the Next Frontier in Legal Education (2016). 65 Journal of Legal Education 864 (2016); U of Alabama Legal Studies Research Paper No. 2833935. Available for download at SSRN: http://ssrn.com/abstract=2833935 “This article discusses data collected in 2014 – 2015 through a survey of associate deans at 91 of 202 …

Subjects: Economy, Education, Financial System, Legal Research

Report – State Revenues From Gambling

“Readers of the Rockefeller Institute’s fiscal reports know that recovery in state and local revenues has been slow since the deep drops in 2009. And though the national economy has shown fairly consistent rates of growth in jobs, economic out-put, and home prices in recent years, the strength of the recovery has varied greatly across …

Subjects: Economy, Financial System

Middle class burden for health care costs continues to grow

Morningstar – Anna Louie Sussman – “Growth in overall health-care spending is slowing, but middle-class families’ share of the tab is getting larger, squeezing households already feeling stretched financially. Overall, health-care spending across the economy reached 18.2% of gross domestic product as of June, up from 13.3% in 2000, according to Altarum Institute, a health …

Subjects: Economy, Financial System, Health Care

EC – Ireland gave illegal tax benefits to Apple worth up to 13 billion pounds

European Commission Press Release: “The European Commission has concluded that Ireland granted undue tax benefits of up to €13 billion to Apple. This is illegal under EU state aid rules, because it allowed Apple to pay substantially less tax than other businesses. Ireland must now recover the illegal aid. Commissioner Margrethe Vestager, in charge of …

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

Collapse W3C Workshop Report: Blockchains and the Web

On August 26, 2016, “W3C published the report of the W3C Blockchains and the Web workshop held on 29-30 June, 2016, in Cambridge, Massachusetts, USA. Participants at the workshop found many topics for possible standardization or incubation, including various aspects of identity and proof-of-existence, as well as smaller blockchain primitives that could increase interoperability across …

Subjects: Economy, Financial System, Internet, Knowledge Management

2014 Update of the EBRI IRA Database: IRA Balances, Contributions, Rollovers, Withdrawals, and Asset Allocation

Employee Benefit Research Institute: “This Issue Brief is the sixth annual cross-sectional analysis update of the EBRI IRA Database. It includes results on the distribution of individual retirement account (IRA) types and account balances, contributions, rollovers, withdrawals, and asset allocation in IRAs for 2014, the latest data available. The EBRI IRA Database is an ongoing …

Subjects: Economy, Financial System

Where Does All the Money Go: Shifts in Household Spending Over the Past 30 Years

Brookings – Shifts in Household Spending Over the Past 30 Years, Jun 2016. “Economic progress occurs unevenly, diffusely, and at times unpredictably: whole categories of spending diminish or grow as technology and preferences shift. For instance, as the relative price of clothing has plummeted, the share of spending going to clothing has declined; at the …

Subjects: Economy, Financial System, Food and Nutrition, Housing, Transportation

The State Pension Funding Gap: 2014

Pew Charitable Trusts, New accounting rules help provide a clearer picture, august 23, 2016 – “The nation’s state-run retirement systems had a $934 billion gap in fiscal year 2014 between the pension benefits that governments have promised their workers and the funding available to meet those obligations. That represents a $35 billion decrease from the shortfall …

Subjects: Economy, Financial System

Proposal for an Innovative Security for Retirees

Shankar, S. Gowri, Proposal for an Innovative Security for Retirees (August 4, 2016). Journal of Retirement (JOR), Forthcoming. Available for download at SSRN: http://ssrn.com/abstract=2828360 [The author] “advocates for the issue of a new US Treasury security to help retirees with modest savings earn a safe, steady retirement income. The proposed new security would pay out …

Subjects: Economy, Financial System

Improving access to government services through a shared authentication platform

“18F, which is part of the General Services Administration’s Technology Transformation Service, is building an authentication platform to make online interactions with the U.S. government simple, efficient and intuitive. This platform will be a service shared by agencies to streamline logging in and to allow the public to securely access personal information and federal government …

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

Success and Failure in Stock Exchange Consolidations: Implications for Markets and Their Regulation

Jordan, Cally, Success and Failure in Stock Exchange Consolidations: Implications for Markets and Their Regulation (January 24, 2016). CIFR Paper No. 118/2016. Available for download at SSRN: http://ssrn.com/abstract=2829188 “The catalyst for the preparation of this working paper was the epochal merger in 2007 of the New York Stock Exchange with Paris-based Euronext, itself a consolidation …

Subjects: Economy, Financial System