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Cross-border financial linkages: challenges for monetary policy and financial stability. BIS Papers No 82. October 2015. “Ever more extensive global financial linkages are changing in ways that have significant implications for policy. Asia-Pacific countries have experienced a particularly rapid growth in financial flows since the crisis. Against this background, the BIS’s Representative Office for Asia …
The impact of CCPs’ margin policies on repo markets by Arianna Miglietta, Cristina Picillo and Mario Pietrunti. Working Papers No 515. October 2015. “This paper quantifies the impact on the cost of funding in repo markets of the initial margins applied by central clearing counterparties (CCPs). We use contract-level data on the general collateral (GC) …
Congressional Budget Office – CBO’s Assessment of the Long-Term Outlook for Interest Rates. Social Security Trustees Working Group, Washington, D.C. October 5, 2015. Wendy Edelberg, Assistant Director, Macroeconomic Analysis.
A Global Count of the Extreme Poor in 2012 – Data Issues, Methodology and Initial Results. October 2015. World Bank Policy Research Working Paper 7432. “The 2014 release of a new set of purchasing power parity conversion factors (PPPs) for 2011 has prompted a revision of the international poverty line. In order to preserve the …
Ending Extreme Poverty and Sharing Prosperity: Progress and Policies. Marcio Cruz, James Foster, Bryce Quillin and Philip Schellekens. Approved for distribution by Kaushik Basu, Chief Economist and Senior Vice President, World Bank. Ocotber 2015. “Three key challenges stand out: the depth of remaining poverty, the unevenness in shared prosperity, and the persistent disparities in non-income …
Abou SSRN: “SSRN’s new page centralizes all the tools you need to find stuff in the eLibrary. We combined Quick Search and Advanced Search onto one tab, and made it simple to switch to Browse SSRN Networks or Browse JEL Codes. Did you even know all of those functions existed?.. What’s New for the Savvy …
Bank for International Settlements Working papers, October 1, 2015: • The influence of monetary policy on bank profitability: “This paper investigates how monetary policy affects bank profitability. We use data for 109 large international banks headquartered in 14 major advanced economies for the period 1995-2012. Overall, we find a positive relationship between the level of …
CFPB – The Know Before You Owe mortgage disclosure rule makes getting a mortgage easier for homebuyers and refinancers. It helps you shop for the loan that’s best for you and your family. To help you navigate the steps you have to take to get a mortgage, take a look at our new booklet, “Your …
“Texas supplanted California between 2007 and 2012 as the state with the largest volume of sales for the wholesale trade sector, according to the U.S. Census Bureau’s most recent economic census. California was the top state in 2007, with $925.3 billion in sales, but its increase was only 4.7 percent to $969.2 billion in 2012. …
An, Yonghong and Le, Wang and Xiao, Ruli, Your American Dream is Not Mine! A New Approach to Estimating Intergenerational Mobility Elasticities (August 1, 2015). Available for download at SSRN: http://ssrn.com/abstract=2666697 “This paper provides a new framework to estimate intergenerational mobility elasticities (IGE) of children’s income with respect to parental income. Our approach is nonparametric …
DOD Contract Services: Improvements Made to Planning and Implementation of Fiscal Controls, GAO-15-780: Published: Sep 30, 2015. Publicly Released: Sep 30, 2015. Great Lakes Restoration Initiative: Some Information on Projects and Progress Made Available to Congress and the Public, GAO-15-841T: Published: Sep 30, 2015. Publicly Released: Sep 30, 2015. Managing for Results: Implementation of GPRA …
CBO Report – September 25, 2015 – Child Nutrition Programs: Spending and Policy Options “Several federal programs support children’s nutritional needs. In 2014, the federal government spent about $20 billion to reimburse schools, child care centers, and after-school programs for children’s meals. Those programs benefit mainly school-age children from low-income households. Other nutrition programs provide …
