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Pew Fact Tank: “As automation looms and more and more jobs are being shaped to accommodate the tech-saturated “knowledge economy,” 63% of full- and part-time workers say they have taken steps in the past 12 months to upgrade their skills and knowledge. That is one of several key findings from a Pew Research Center survey …
Bank for International Settlements – Working Paper – Fiscal sustainability and the financial cycle by Claudio Borio, Marco Jacopo Lombardi and Fabrizio Zampolli, Working Papers No 552. March 2016. “A frequently neglected aspect of financial booms and busts – financial cycles – is their impact on fiscal positions. And yet, the latest financial crisis and …
Bessembinder, Hendrik and Jacobsen, Stacey E. and Maxwell, William F. and Venkataraman, Kumar, Capital Commitment and Illiquidity in Corporate Bonds (March 21, 2016). Available for download at SSRN: http://ssrn.com/abstract=2752610 “We use a comprehensive sample of U.S. corporate bond trades from 2003 to 2014 that includes dealer identifiers to assess liquidity and dealers’ capital commitment. We …
Via FAS – “The Intelligence Community: Keeping Watch Over Its Contractor Workforce, Senate Homeland Security and Governmental Affairs Committee, June 18, 2014, published March 18, 2016. The hearing record is of particular interest as a reflection of the revived intelligence oversight role assumed by the Government Accountability Office (GAO) following the issuance of 2014 Intelligence …
Via Census – “The summary provides quarterly estimates of state and local government tax revenue at a national level, as well as detailed tax revenue data for individual states. This report produces three tables: Table 1 and 2 include income and sales data and Table 3 provides tax collections by state.”
Transactional Records Access Clearinghouse – “As Congress continues to reduce its overall support of the Internal Revenue Service (IRS), the chances that the IRS will at some point recommend a taxpayer for criminal prosecution have significantly declined — from 13.3 per million population in FY 2013 to 9.2 per million in FY 2015. This level …
Via WIPO – Geneva, March 18, 2016 PR/2016/789 – “Amid the roll-out of hundreds of new generic Top-Level Domains (gTLDs) such as .GURU, .NINJA and .NYC, trademark owners filed 2,754 cases under the Uniform Domain Name Dispute Resolution Policy (UDRP) with WIPO in 2015, an increase of 4.6 % over the previous year. Videos: Highlights Video/YouTube | …
“Federal financial institution regulatory agencies today issued guidance clarifying the applicability of the Customer Identification Program (CIP) rule to prepaid cards issued by banks. The guidance applies to banks, savings associations, credit unions, and U.S. branches and agencies of foreign banks (collectively “banks”). The guidance clarifies that a bank’s CIP should apply to the holders …
Via Bank for International Settlements – Updated 18 March 2016 – “The detailed data set of nominal residential property prices consists of around 300 series from 58 countries, collected from national central banks. The data set is updated monthly. Our data Property price statistics – monthly, quarterly and yearly data included, as well as documentation (xlsx, …
Pew Factank – “The number of illegal entries into Europe by migrants hit a high point last year, and as their numbers increased, a picture emerged of the land and sea routes many migrants are taking to get there. In 2015, more than 1.8 million people crossed the European Union’s borders illegally, according to Frontex, …
Pediatrics – April 2016 From the American Academy of Pediatrics Policy Statement – Poverty and Child Health in the United States – Council on Community Pediatrics. [emphasis added] “Almost half of young children in the United States live in poverty or near poverty. The American Academy of Pediatrics is committed to reducing and ultimately eliminating …
Choi, Jaewon and Shachar, Or, Did Liquidity Providers Become Liquidity Seekers? Evidence from the CDS-Bond Basis During the 2008 Financial Crisis (March 16, 2016). Available for download at SSRN: http://ssrn.com/abstract=2748881 “The misalignment of corporate bond and CDS spreads (the CDS-bond basis) during the 2008 financial crisis is often attributed to dealers shedding inventories when liquidity …
