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“The Pension Benefit Guaranty Corporation (PBGC) is a government-owned corporation responsible for insuring the benefits of 41 million people who participate in defined benefit pension plans provided by private employers. About 10 million of those participants are covered by plans offered by groups of employers; such plans are insured by PBGC’s multiemployer program. That program …
“The U.S. Department of Housing and Urban Development (HUD), U.S. Department of Veterans Affairs (VA), and the U.S. Interagency Council on Homelessness (USICH) today announced the number of veterans experiencing homelessness in the United States has been cut nearly in half since 2010. The data revealed a 17 percent decrease in veteran homelessness between January …
“The Consumer Financial Protection Bureau (CFPB) today proposed updates to its Know Before You Owe mortgage disclosure rule. The proposed amendments are intended to formalize guidance in the rule, and provide greater clarity and certainty. The changes proposed today would augment implementation of the Know Before You Owe rule, which took effect last year, and …
“This slide deck provides a quick overview of CBO’s report, The 2016 Long-Term Budget Outlook.”
World Economic Forum: “The report, Risk Mitigation Instruments in Infrastructure: Gap Assessment, offers a framework for institutions to assess gaps in the provision of risk-mitigation instruments and to mobilize much-needed long-term infrastructure investment in emerging and developing economies. The report outlines input from more than 40 institutional and private investors with total assets under management …
European Parliament Think Tank – Precarious Employment in Europe (Volume 1: Patterns, Trends and Policy Strategies; Volume 2 – Country Case Studies): “This Policy Department A study examines precarious employment, its patterns, trends and policy strategies in Europe. It explores the risk of precariousness of different types of contract, using information from EU data analysis …
Government Executive: “The General Services Administration issued a bulletin on the Federal Travel Regulation, cementing a policy many — but not all — agencies had already installed. While each agency manages the final authorization of travel expenses based on internal policy, GSA said federal employees can use mobile ride-hailing applications — referred to in government …
Via FAS, CRS Report – Pay Equity: Legislative and Legal Developments, Jody Feder, Legislative Attorney; Benjamin Collins, Analyst in Labor Policy. May 20, 2016. “According to some federal data, on average, full-time female workers earn approximately 20% less than full-time male workers. At least a portion of this gap is due to observable factors such …
Klingler, Sven and Sundaresan, Suresh M., An Explanation of Negative Swap Spreads: Demand for Duration from Underfunded Pension Plans (July 27, 2016). Available for download at SSRN: http://ssrn.com/abstract=2814975 “In September 2008, the US swap spread for 30-year swap contracts turned negative and is still negative as of today. Persistent negative swap spreads are puzzling, and …
Aviation Safety: FAA’s Risk-Based Oversight for Repair Stations Could Benefit from Additional Airline Data and Performance Metrics, GAO-16-679: Published: Jul 28, 2016. Publicly Released: Jul 28, 2016. Financial Management Systems: HUD Needs to Address Management and Governance Weaknesses That Jeopardize Its Modernization Efforts, GAO-16-656: Published: Jul 28, 2016. Publicly Released: Jul 28, 2016. Hazardous Materials …
“Today the U.S. Census Bureau released its first ever Advance Economic Indicators Report that combines the release of advance statistics on international trade in goods with new advance estimates for retail and wholesale inventories. This summary level report contains select aggregate levels for retail and wholesale trade inventories. See New U.S. Census Bureau Report on …
Monetary Policy Transmission before and after the Crisis, Alexander Kroeger and Asani Sarkar, June 29, 2016. “The Federal Open Market Committee implements monetary policy by raising or lowering its target for the federal funds rate, the interest rate banks charge each other for overnight loans. Because the Federal Reserve has no direct control over most …
