Category «Financial System»

CRS – Federal Reserve: Legislation in the 114th Congress

Federal Reserve: Legislation in the 114th Congress, Marc Labonte, Specialist in Macroeconomic Policy. May 19, 2016. “The Federal Reserve (Fed) is the subject of legislation being considered in the 114th Congress. These bills contain wide-ranging provisions that can be grouped into four broad categories: Changes to Fed governance. Some proposals would change the Fed’s institutional …

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

How Effective Are Macroprudential Policies? An Empirical Investigation

Liberty Street Economics – NY Fed: “Macroprudential policy tools include caps on loan-to-value (LTV) ratios for housing loans, caps on debt service-to-income (DSTI) ratios, and quantitative limits on mortgages. Other tools include time-varying capital requirements (CR), loan loss provisioning (LP), consumer loan limits, and credit growth ceilings. Note that CRs are often implemented by adjusting …

Subjects: Economy, Financial System, Government Documents

The Richest Person in Each State

Via MentalFloss – data from Forbes: “Last month Forbes put out a list of the richest people in each state. Some were obvious, like Bill Gates in Washington ($78.8 billion) or Warren Buffett in Nebraska ($70.2 billion). Other states, like Delaware, involved a little more digging by journalists Dan Alexander, Kerry Close, Maggie McGrath, Chase Peterson-Withorn, …

Subjects: Economy, Financial System

Resource Investment in Competitive Markets

Resource Investment in Competitive Markets – PJM Interconnection, May 5, 2016 Executive Summary – “Organized wholesale electricity markets were created to address burgeoning costs of new power generation under the traditional regulatory scheme and to encourage innovation through free-enterprise competition. The discipline of the marketplace promised lower costs and greater efficiencies. Two decades of experience …

Subjects: Economy, Energy, Financial System, Knowledge Management, Legal Research

Know Your Worth: Angel Financing of Female Entrepreneurial Ventures

Poczter, Sharon and Shapsis, Melanie, Know Your Worth: Angel Financing of Female Entrepreneurial Ventures (May 19, 2016). Available for download at SSRN: http://ssrn.com/abstract=2782266 “This study explores success rates in angel financing based on the gender composition of entrepreneurial teams using unique, hand-collected data from the television program Shark Tank. We find that the likelihood of …

Subjects: Economy, Financial System

Intellectual Property in Asia: ASEAN, East Asia and India

Antons, Christoph, Intellectual Property in Asia: ASEAN, East Asia and India (May 19, 2016). The Oxford Handbook of Intellectual Property Law, Rochelle Dreyfuss and Justine Pila (eds), Oxford University Press, Forthcoming. Available for download at SSRN: http://ssrn.com/abstract=2782263 “This paper covers parts of Asia with very significant recent developments in intellectual property (IP) law. IP reform …

Subjects: Economy, Financial System, Intellectual Property, Internet, Legal Research

Reining in the Big Promise of Big Data: Transparency, Inequality, and New Regulatory Frontiers

Hacker, Philipp and Petkova, Bilyana, Reining in the Big Promise of Big Data: Transparency, Inequality, and New Regulatory Frontiers (May 2, 2016). Available for download at SSRN: http://ssrn.com/abstract=2773527 “The growing differentiation of services based on Big Data harbors the potential for both greater societal inequality and for greater equality. Anti-discrimination law and transparency alone, however, …

Subjects: Civil Liberties, Economy, Financial System, Freedom of Information, Government Documents, Knowledge Management, Legal Research

TPP Study Projects Worsening Trade Balances for 16 of 25 U.S. Economic Sectors, Overall U.S. Trade Deficit Increase

“The U.S. International Trade Commission (USITC) released its report [May 18, 2016] assessing the likely impact of the Trans-Pacific Partnership (TPP) Agreement that the President has entered into with Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam. The USITC’s report, Trans-Pacific Partnership Agreement: Likely Impact on the U.S. Economy …

Subjects: Economy, Financial System, Government Documents

Minimizing the Probability of Lifetime Drawdown Under Constant Consumption

Angoshtari, Bahman and Bayraktar, Erhan and Young, V.R., Minimizing the Probability of Lifetime Drawdown Under Constant Consumption (May 19, 2016). Insurance: Mathematics and Economics, Forthcoming. Available for download at SSRN: http://ssrn.com/abstract=2781963 “We assume that an individual invests in a financial market with one riskless and one risky asset, with the latter’s price following geometric Brownian …

Subjects: Economy, Education, Financial System