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CRS Report – Defense Acquisitions: How and Where DOD Spends Its Contracting Dollars. Moshe Schwartz, Specialist in Defense Acquisition; Wendy Ginsberg, Analyst in American National Government, John F. Sargent Jr.Specialist in Science and Technology Policy. April 30, 2015. “The Department of Defense (DOD) has long relied on contractors to provide the U.S. military with a …
News release: “The U.S. monthly international trade deficit increased in March 2015 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $35.9 billion in February (revised) to $51.4 billion in March, as imports increased more than exports. The previously published February deficit was $35.4 billion. The goods …
Liu, Tingting and Ullah, Barkat and Wei, Zuobao and Xu, Lixin Colin, The Dark Side of Disclosure: Evidence of Government Expropriation from Worldwide Firms (May 4, 2015). World Bank Policy Research Working Paper No. 7254. Available for download at SSRN: http://ssrn.com/abstract=2602586 “This paper studies the effects of voluntary accounting information disclosure through auditing on firm …
“Today, the White House is convening the nation’s leading thinkers on infrastructure planning and design to highlight how projects like new roads and transit lines can be designed to foster economic opportunity and increase resilience to the impacts of climate change. To help communities seeking to expand their pipelines of well-designed projects, the Administration is …
Treasury Inspector General for Tax Administration – Billions of Dollars in Potentially Erroneous Education Credits Continue to Be Claimed for Ineligible Students and Institutions, March 27, 2015. Reference Number: 2015-40-027. “The IRS still does not have effective processes to identify erroneous claims for education credits. Although the IRS has taken steps to address some of …
“Today the Consumer Financial Protection Bureau (CFPB) published a report finding that 26 million Americans are “credit invisible.” This figure indicates that one in every 10 adults do not have any credit history with a nationwide consumer reporting agency. The report also found that Black consumers, Hispanic consumers, and consumers in low-income neighborhoods are more …
Community Development Capital Initiative: Status of the Program Investments and Participants, GAO-15-542: Published: May 5, 2015. Publicly Released: May 5, 2015. Controlled Substances: DEA Needs to Better Manage Its Quota Process and Improve Coordination with FDA, GAO-15-494T: Published: May 5, 2015. Publicly Released: May 5, 2015. Unmanned Carrier-Based Aircraft System: Navy Needs to Demonstrate Match …
Pfau, Wade D., Making Sense Out of Variable Spending Strategies for Retirees (March 16, 2015). Available for download at SSRN: http://ssrn.com/abstract=2579123 or http://dx.doi.org/10.2139/ssrn.2579123 “Variable spending strategies can be situated on a continuum between two extremes: spending a constant amount from the portfolio each year without regard for the remaining portfolio balance, and spending a fixed …
EPIC – “Congressmen Luke Messer (R-IN) and Jared Polis (D-CO) have introduced the “Student Digital Privacy and Parental Rights Act of 2015.” The student privacy bill would prohibit companies from selling student information, using student information for targeted advertising, or otherwise disclosing student information for non-educational purposes. The Student Digital Privacy Act would implement portions …
New York Fed: “High-frequency trading (“HFT”), or high-speed trading (“HST”), a type of algorithmic (or “algo”) trading, is now a well-known feature of the global market landscape. In many markets, a small number of firms may account for a large proportion of trading volume. Although it has been argued that HFT has lowered investors’ trading …
Folkinshteyn, Daniel and Lennon, Mark M and Reilly, Timothy, A Tale of Twin Tech: Bitcoin and the WWW (February 1, 2015). Journal of Strategic and International Studies, Forthcoming. Available for download at SSRN: http://ssrn.com/abstract=2601617 “Bitcoin is widely represented in the popular press, but far less so in serious academic inquiry. Researchers have analyzed Bitcoin from …
“New research by the nonpartisan Employee Benefit Research Institute (EBRI) shows that a large percentage of individuals who died recently had little or no assets. Those who died relatively younger were even more likely to be in this situation. “Households which lost family members at relatively younger ages were also the households with lower asset …
