Category «Financial System»

CBO’s Revenue Forecasting Record

CBO’s Revenue Forecasting Record, November 10, 2015. “To prepare the baseline budget projections on which much of its analysis is based, the Congressional Budget Office must regularly produce revenue forecasts. As a part of that process, the agency assesses the accuracy of its past projections and continually refines its methods for projecting revenues to attempt …

Subjects: Congress, Economy, Financial System, Government Documents

Census – Geographical Mobility: 2015

“Historical and detailed tables on Geographical Mobility, a collection of national- and regional-level tables from the Annual Social and Economic Supplement of the Current Population Survey, are now available. These detailed tables describe the movement of people in the United States, including type of move, reason for moving and selected characteristics of those who moved …

Subjects: Economy, Financial System, Government Documents

Hacking as a business model against financial institutions

New York Times – Prosecutors Announce More Charges in Hacking of JPMorgan Chase: “Billing it as the largest hacking case ever uncovered, federal prosecutors in Manhattan on Tuesday described a global, multiyear scheme to steal information on 100 million customers of a dozen companies in the United States and use the data to advance stock …

Subjects: Economy, Financial System, Government Documents, ID Theft, Legal Research, Privacy

Treasury Launches OpenBeta.USAspending.gov

“Instead of building the future USAspending.gov and getting feedback from users after the launch, Treasury took the innovative approach of launching OpenBeta.USAspending.gov in November 2015 to gather your recommendations and suggestions on the features you want in the final iteration. Based on forum and email feedback, Treasury will add new features and functionalities on a …

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

GAO Reports – Federal Judiciary, OFS Audit, Foster Care

Federal Judiciary: Improved Cost Savings Estimates Could Help Better Assess Cost Containment Efforts, GAO-16-97: Published: Nov 10, 2015. Publicly Released: Nov 10, 2015. Financial Audit: Office of Financial Stability (Troubled Asset Relief Program) Fiscal Years 2015 and 2014 Financial Statements, GAO-16-147R: Published: Nov 10, 2015. Publicly Released: Nov 10, 2015. Foster Care: HHS Could Do …

Subjects: Courts, Economy, Financial System, Government Documents, Health Care

ECB publishes new statistical report on Household Sector

“The European Central Bank (ECB) is today publishing a new quarterly Household Sector Report. The statistical compilation focuses on the household sector in the euro area as a whole and in each of the 19 euro area countries. It shows the private households’ economic and financial behaviour, from the point when income is generated, through …

Subjects: Economy, Financial System, Government Documents, Housing

OECD Economic Outlook November 2015

Emerging market slowdown and drop in trade clouding global outlook – “Global growth prospects have clouded this year. Global growth has eased to around 3%, well below its long-run average. This largely reflects further weakness in emerging market economies (EMEs). Deep recessions have emerged in Brazil and Russia, whilst the ongoing slowdown in China and …

Subjects: Education, Financial System, Government Documents

CBO – Monthly Budget Review: Summary for Fiscal Year 2015

“In fiscal year 2015, which ended on September 30, the federal budget deficit totaled $439 billion—$44 billion less than the shortfall in 2014. Fiscal year 2015 was the sixth consecutive year in which the deficit declined as a share of the nation’s gross domestic product (GDP). The deficit peaked at 9.8 percent of GDP in …

Subjects: Congress, Economy, Financial System, Government Documents

An Exploratory Study of Financial Reporting Structures: A Graph Similarity Approach Using XBRL

Yang, Steve Y. and Liu, Fang-Chun and Zhu, Xiaodi, An Exploratory Study of Financial Reporting Structures: A Graph Similarity Approach Using XBRL (September 8, 2015). Available for download at SSRN: http://ssrn.com/abstract=2687275 “Financial reporting information is crucial to both investors and regulators for their decision-making purposes as it reveals corporate financial position and performance over a …

Subjects: Economy, Financial System, Government Documents, Securities Law