Category «Financial System»

The Urban Agenda for the EU: European cities get their say in EU policy making

News release: “Today, the informal Ministerial meeting on urban matters agreed on the “Pact of Amsterdam”, which sets out the principles of the Urban Agenda for the EU. Today, the Commission is taking part in the informal meeting in Amsterdam of the 28 Ministers in charge of urban matters, along with representatives from other EU …

Subjects: Civil Liberties, Economy, Environmental Law, Financial System, Government Documents, Housing, Legal Research, Poverty, Transportation

The Panama Papers: A Discussion of Some Ethical Issues

Follow up to previous posting, Panama Papers Database Goes Live, see McGee, Robert W., The Panama Papers: A Discussion of Some Ethical Issues (May 27, 2016). Available for download at SSRN: http://ssrn.com/abstract=2785954 “The Panama Papers refers to a massive leak of information encompassing more than 11 million documents involving more than 200,000 offshore entities. The …

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

Report – Affordable Housing is Out of Reach for Many American Workers

National Low Income Housing Coalition: “In no state, metropolitan area or county in the United States can a full-time worker earning the prevailing minimum wage afford a modest two-bedroom apartment. A new report released today by the National Low Income Housing Coalition (NLIHC) reveals the disparity between rental housing costs and renter income in every jurisdiction across …

Subjects: Economy, Financial System, Government Documents, Housing

Credit Risk Decomposition for Asset Allocation

Chamizo, Alvaro and Novales Cinca, Alfonso, Credit Risk Decomposition for Asset Allocation (May 27, 2016). The Capco Institute Journal of Financial Transformation. Nº 43. Available for download at SSRN: http://ssrn.com/abstract=2785535 “We provide a methodology for credit risk analysis that can be embedded into a risk appetite framework. We analyze the information content in CDS spreads …

Subjects: Economy, Financial System

Trading Relationships in the OTC Market for Secured Claims: Evidence from Triparty Repos

Han, Song and Nikolaou, Kleopatra, Trading Relationships in the OTC Market for Secured Claims: Evidence from Triparty Repos (May 27, 2016). Available for download at SSRN: http://ssrn.com/abstract=2785586 “We use a new panel data set on intraday transactions of triparty repos (TPR) to study trading relationships in the over-the-counter market. We test the prediction that search …

Subjects: Economy, Financial System, Government Documents

FT Business Education – Executive education rankings 2016

FT Business Education Report, May 23, 2016: ” For the dream of life long learning to be realised fully, those in the 35-60 age group must also be given the opportunity to refine and revise their skills through out their careers, which could well stretch into their seventies. This is not happening enough. Executive education …

Subjects: Economy, Education, Financial System, Government Documents

Dodd-Frank Act Stress Test (DFAST)

Via FDIC Overview – “Section 165(i)(2) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”) requires state nonmember banks and state savings associations with total consolidated assets of more than $10 billion to conduct annual stress tests. On October 15, 2012, the FDIC published its final annual stress test rule (Part 325), …

Subjects: Congress, Economy, Financial System, Government Documents

Report on the Economic Well-Being of U.S. Households May 2016

Board of Governors of the Federal Reserve System – Report on the Economic Well-Being of U.S. Households, May 2016 Key Findings – “Overall, individuals and their families continue to express mild improvements in their general well-being relative to that seen in 2013 and 2014. However, a number of adults still indicate that they are experiencing …

Subjects: Economy, Financial System, Government Documents

A Map of Collateral Uses and Flows

A Map of Collateral Uses and Flows. Andrea Aguiar, Richard Bookstaber, Dror Y. Kenett, and Thomas Wipf, May 26, 2016: “Collateral is exchanged among market participants to support financial activities, including secured funding, securities lending, securities exchanges, margin lending, derivatives, and clearing. This working paper creates a collateral map to show how collateral moves among …

Subjects: Economy, Financial System

Infographic: Manufacturing in the United States

“Statistics from the 2014 Annual Survey of Manufactures (ASM) indicate that manufacturing establishments show gains in receipts but lower employment over time. The infographic contains three visualizations, including a time-series graph of changes in employment and receipts from 2002-2014, a comparison of employment and receipts by subsector for the years 2013 and 2014, and a …

Subjects: Economy, Financial System, Government Documents