Category «Financial System»

Volcker Rule – How a Simple Idea to Rein In Banks Got Supersized

Bloomberg Quick Take by Yalman Onaran: “Merriam-Webster’s Dictionary defines “speculation” in 31 words. The key ones are “risk of a large loss.” When Paul Volcker, the former U.S. Federal Reserve chairman,  in January 2009 proposed banning speculation by federally insured banks to reduce risk to the world economy, he did it in one paragraph. Four …

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

Daily Debt Subject to the Limit Report

Treasury Notes: “Treasury recently estimated that it is likely to exhaust extraordinary measures related to the debt limit on or about Thursday, November 5. As previously noted, recent receipts were lower than previously projected, and trust fund investments were higher than projected resulting in a net decrease of resources available to the United States government.” Daily Debt …

Subjects: Economy, Financial System, Government Documents

Free online university just for refugees

Good: “Kiron based  Berlin University…has partnered with more than 20 international universities to create its unique online program. The first year of learning will include classes in German, English, and general studies (like writing). The second year will focus in on a specific degree program, and will take advantage of popular Massive Open Online Courses …

Subjects: Education, Financial System, Internet, Knowledge Management

Average American Worker Earns Less Today Than 40 Years Ago

FastcoExist: “…American workers are actually poorer today than four decades ago. They may be earning more money. But, in real terms, they’re getting less for it. Measured in 2014 dollars, the median male full-time worker made $50,383 last year against $53,294 in 1973, according to new U.S. Census Bureau figures.”

Subjects: Economy, Financial System, Government Documents, Knowledge Management

Organizational Restructuring and Collaborative Creativity: The Case of Microsoft and Sony

Gupta, Sonam and Dhillon, Ishneet, Organizational Restructuring and Collaborative Creativity: The Case of Microsoft and Sony (2015). The IUP Journal of Business Strategy, Vol. XII, No. 1, March 2015, pp. 53-65. Available at SSRN: http://ssrn.com/abstract=2671723 “The need for innovation and cross-dependencies among the departments is forcing organizations to restructure from divisional to functional organizational structure. This …

Subjects: Economy, Financial System, Internet, Knowledge Management, Microsoft

IMF World Economic Outlook October 2015

IMF World Economic Outlook (WEO): Adjusting to Lower Commodity Prices, October 2015 “Global growth for 2015 is projected at 3.1 percent, 0.3 percentage point lower than in 2014, and 0.2 percentage point below the forecasts in the July 2015 World Economic Outlook (WEO) Update. Prospects across the main countries and regions remain uneven. Relative to …

Subjects: Economy, Financial System, Government Documents

State Capacity, Minority Shareholder Protections, and Stock Market Development

Via Knowledge@Wharton – “In their paper, “State Capacity, Minority Shareholder Protections, and Stock Market Development,” Guillen and INSEAD professor Laurence Capron evaluated current and historical legislation in more than 70 countries with both established and emerging markets and found that it’s not enough for countries to have legal provisions in place. There also must be a mechanism …

Subjects: Economy, Financial System, Legal Research, Legislation

Minutes of FOMC, September 16-17, 2015

Staff Review of the Financial Situation – “Although U.S. economic data releases generally met market expectations, domestic financial conditions tightened modestly as concerns about prospects for global economic growth, centered on China, prompted an increase in financial market volatility and a deterioration in risk sentiment during the intermeeting period. Stock market indexes in most advanced …

Subjects: Economy, Financial System, Government Documents

GAO Reports – Diplomatic Security, Maritime Cybersecurity, Space Situational Awareness, USAID

Diplomatic Security: Options for Locating a Consolidated Training Facility, GAO-16-139T: Published: Oct 8, 2015. Publicly Released: Oct 8, 2015. Maritime Critical Infrastructure Protection: DHS Needs to Enhance Efforts to Address Port Cybersecurity, GAO-16-116T: Published: Oct 8, 2015. Publicly Released: Oct 8, 2015. Space Situational Awareness: Status of Efforts and Planned Budgets, GAO-16-6R: Published: Oct 8, 2015. Publicly Released: Oct 8, 2015. …

Subjects: Cybercrime, Cybersecurity, Defense, Economy, Financial System, Government Documents

Disconnected Youth: A Look at 16 to 24 Year Olds Who Are Not Working or In School

CRS – Disconnected Youth: A Look at 16 to 24 Year Olds Who Are Not Working or In School. Adrienne L. Fernandes-Alcantara, Specialist in Social Policy. October 1, 2015. “This Congressional Research Service (CRS) analysis expands the existing research on disconnected youth. The analysis uses Current Population Survey (CPS) data to construct a definition of …

Subjects: Economy, Education, Financial System, Government Documents, Knowledge Management

CRS – How Treasury Issues Debt

How Treasury Issues Debt – Grant A. Driessen, Analyst in Public Finance. October 1, 2015. “The U.S. Department of the Treasury (Treasury), among other roles, manages the country’s debt. The primary objective of Treasury’s debt management strategy is to finance the government’s borrowing needs at the lowest cost over time. To accomplish this Treasury adheres …

Subjects: Congress, Economy, Financial System, Government Documents

Blog Series: Has U.S. Corporate Bond Market Liquidity Deteriorated?

New York Fed – October 05, 2015. Introduction to a Series on Market Liquidity: Part 2. Tobias Adrian, Michael Fleming, and Ernst Schaumburg “Market participants and policymakers have raised concerns about the potential adverse effects of financial regulation on market liquidity—the ability to buy and sell securities quickly, at any time, at minimal cost. Market …

Subjects: Economy, Financial System, Government Documents