Category «Financial System»

Consensus-as-a-service: a brief report on the emergence of permissioned, distributed ledger systems

Via Great Wall of Numbers this Report by Tim Sanson, April 6, 2015 – Highlights: •”Distributed ledgers and cryptocurrency systems are fundamentally different. •The key difference involves how transactions are validated: Bitcoin uses pseudonymous and anonymous nodes to validate transactions whereas distributed ledgers require legal identities – permissioned nodes to validate transactions. •Consequently, distributed ledgers …

Subjects: Cybercrime, Cybersecurity, E-Commerce, Economy, Financial System, Legal Research

True Levels of Government and Social Expenditures in Advanced Economies

Jacob Funk Kirkegaard, senior fellow at the Peterson Institute for International Economic: “One of the most contentious issues in contemporary politics revolves around the optimal size of the government in society, the services that government provides the public, and the revenue raised to finance these services. Advanced economies differ over the aggregate scope of general …

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

New GAO Reports – Indian Housing Block Grant Program, Defense Acquisitions, FDIC Info Security, Tanker Aircraft

Data Use and Regulatory Status of the Indian Housing Block Grant Program, GAO-15-353R: Published: Mar 10, 2015. Publicly Released: Apr 9, 2015. Defense Acquisitions: Assessments of Selected Weapon Programs [Reissued on April 9, 2015], GAO-15-342SP: Published: Mar 12, 2015. Publicly Released: Mar 12, 2015. Information Security: FDIC Implemented Many Controls over Financial Systems, but Opportunities …

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

OECD Economic Surveys: United Kingdom 2015

“This OECD Economic Survey of the United Kingdom examines recent economic developments, policies and prospects. Special chapters cover improving infrastructure and ensuring sustainable bank lending.” February 24, 2015.

Subjects: Economy, Financial System, Government Documents

IMF – Now Is the Time Fiscal Policies for Sustainable Growth

Chapter 2: Can Fiscal Policy Stabilize Output?, April 2015. “As interest rates close to their lower bound limit the ability of monetary policy to smooth fluctuations in economic activity, this chapter of the Fiscal Monitor looks into how fiscal policy can do so. The two main findings are that fiscal policy is often used to …

Subjects: Economy, Financial System, Government Documents

Fifth EBRD and World Bank Business Environment and Enterprise Performance Survey

“Governments across the transition region are continuing to improve the local business environment in an attempt to unleash the full productive capacity of the private sector. This report summarises feedback from the managers of firms in 29 transition countries about what they regard as the main improvements – and the remaining challenges – in the …

Subjects: Economy, Financial System, Government Documents

World Bank Enterprise Surveys

“An Enterprise Survey is a firm-level survey of a representative sample of an economy’s private sector. The surveys cover a broad range of business environment topics including access to finance, corruption, infrastructure, crime, competition, and performance measures. Since 2002, the World Bank has collected this data from face-to-face interviews with top managers and business owners …

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

New Report Projects When Women in Each U.S. State Will Achieve Equal Pay

“The first release from Status of Women in the States: 2015, a project of the Institute for Women’s Policy Research (IWPR), finds that, if current trends in narrowing the pay gap in the states continue, the date when women in the United States will achieve equal pay is 2058, but new projections for each state …

Subjects: Economy, Financial System, Knowledge Management

The Economic Consequences of Investor Relations: A Global Perspective

Karolyi, George Andrew and Liao, Rose C., The Economic Consequences of Investor Relations: A Global Perspective (April 6, 2015). Available for download at SSRN: http://ssrn.com/abstract=2591079 “We offer new evidence on the economic value of investor relations (IR) activity using the results of a 2012 global survey of IR officers and their activities at over 800 …

Subjects: Economy, Financial System

The FR 2420 Data Collection: A New Base for the Fed Funds Rate

Marco Cipriani and Jonathan Cohn – “On April 1, 2014, the Federal Reserve began collecting transaction-level data on federal funds, Eurodollars, and certificates of deposits from a large set of domestic banks and agencies of foreign banks operating in the United States. Previously, the Fed had only received fed funds and Eurodollar data from major …

Subjects: Economy, Financial System, Government Documents

Minutes of the Federal Open Market Committee, March 17-18, 2015

FOMC Minutes – Summary of Economic Projections “In conjunction with the Federal Open Market Committee (FOMC) meeting held on March 17-18, 2015, meeting participants submitted their projections of the most likely outcomes for real output growth, the unemployment rate, inflation, and the federal likely to affect economic outcomes. The longer-run projections represent each participant’s assessment …

Subjects: Economy, Financial System, Government Documents

Congress and the Federal Reserve: Independence and accountability

Congress and the Federal Reserve: Independence and accountability. Sarah Binder, George Washington University, Brookings Institution; Mark Spindel, Potomac River Capital, LLC. Forthcoming in Jenkins, Jeffrey and Eric Patashnik, Eds. Congress and Policy Making in the 21st Century (Cambridge University Press). Draft February 2015. “The recent global financial crisis reveals limits of central bank independence. In …

Subjects: Congress, Economy, Financial System

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