Category «Financial System»

Corporate Investment and Stock Market Listing: A Puzzle?

Asker, John and Farre-Mensa, Joan and Ljungqvist, Alexander, Corporate Investment and Stock Market Listing: A Puzzle? (October 4, 2014). Forthcoming, Review of Financial Studies. Available for download at SSRN: http://ssrn.com/abstract=1603484 or http://dx.doi.org/10.2139/ssrn.1603484 “We investigate whether short-termism distorts the investment decisions of stock market listed firms. To do so, we compare the investment behavior of observably similar …

Subjects: Economy, Financial System, Government Documents

Social Security: Cost-of-Living Adjustments

CRS – Social Security: Cost-of-Living Adjustments. Gary Sidor, Information Research Specialist, October 29, 2014. To compensate for the effects of inflation, Social Security recipients usually receive an annual cost-of-living adjustment (COLA). Benefits will be increased by 1.7% in 2015, following an increase of 1.5% in 2014. Social Security COLAs are based on changes in the Consumer Price Index for Urban …

Subjects: Congress, Economy, Financial System, Government Documents

Second GPFI/BIS conference explores implications of rapid progress on digital financial inclusion

News release: “The Financial Stability Institute of the Bank for International Settlements (BIS) hosted the second G20 Global Partnership for Financial Inclusion (GPFI) Conference on Standard-Setting Bodies and Financial Inclusion on 30-31 October. The conference’s theme was “Standard-setting in the changing landscape of digital financial inclusion.” An estimated 2.5 billion people currently have no access to formal …

Subjects: Economy, Financial System, Government Documents, Poverty

Basel III: the net stable funding ratio (Basel Committee)

“The NSFR is a significant component of the Basel III reforms. It requires banks to maintain a stable funding profile in relation to their on- and off-balance sheet activities, thus reducing the likelihood that disruptions to a bank’s regular sources of funding will erode its liquidity position in a way that could increase the risk …

Subjects: Economy, Financial System, Government Documents

Doing Business 2015

“Doing Business 2015: Going Beyond Efficiency, a World Bank Group flagship publication, is the 12th in a series of annual reports measuring the regulations that enhance business activity and those that constrain it. Doing Business presents quantitative indicators on business regulations and the protection of property rights that can be compared across 189 economies—from Afghanistan …

Subjects: Economy, Financial System, Government Documents

OIG’s List of Major Management Challenges for the CFPB

Major Management Challenges for the Consumer Financial Protection Bureau, September 2014 Management Challenge 1: Improving the Operational Efficiency of Supervision Management Challenge 2: Building and Sustaining a High-Performing Workforce Management Challenge 3: Implementing New Management Operations

Subjects: Economy, Financial System, Government Documents

Federal Reserve issues FOMC statement – October 2014

“Information received since the Federal Open Market Committee met in September suggests that economic activity is expanding at a moderate pace. Labor market conditions improved somewhat further, with solid job gains and a lower unemployment rate. On balance, a range of labor market indicators suggests that underutilization of labor resources is gradually diminishing. Household spending …

Subjects: Economy, Financial System, Government Documents

Pew Report Finds Military Checking Account Practices Need Improvement

Checks and Balances, Stars and Stripes, Banking practices at financial institutions serving the military, October 28, 2014 “Service members, like all consumers, need access to concise, easy-to-understand documents that lay out the key terms, conditions, and fees associated with their checking accounts. Clarity and transparency are especially important for Americans and their families serving in the military, …

Subjects: Economy, Financial System, Government Documents

Combating a Flood of Early 401(k) Withdrawals – NYT

New York Times | Your Money – By Ron Lieber: “This week, the Internal Revenue Service announced that people under age 50 in 401(k) and similar workplace retirement plans will be able to deposit up to $18,000 in 2015, an increase of $500 from this year. Those 50 and over can toss in as much as …

Subjects: Economy, Financial System

Regional Economic Outlook: Middle East and Central Asia

IMF – Regional Economic Outlook: Middle East and Central Asia, October 2014. “Despite setbacks, an uneven global economic recovery continues. Largely due to weaker-than-expected global activity in the first half of 2014, the growth forecast for the world economy has been revised downward to 3.3 percent this year, 0.4 percentage point lower than in the …

Subjects: Economy, Financial System, Government Documents

Decoding Stock Market Behavior with the Topological Quantum Computer

Racorean, Ovidiu Sorin, Decoding Stock Market Behavior with the Topological Quantum Computer (June 25, 2014). Available for download at SSRN: http://ssrn.com/abstract=2514779 “A surprising image of the stock market arises if the price time series of all Dow Jones Industrial Average stock components are represented in one chart at once. The chart evolves into a braid …

Subjects: Economy, Financial System, Knowledge Management

European Central Bank’s in-depth review shows banks need to take further action

News release: “The European Central Bank (ECB) has today published the results of a thorough year-long examination of the resilience and positions of the 130 largest banks in the euro area as of 31 December 2013…Key results of comprehensive assessment of 130 largest euro area banks: Capital shortfall of €25 billion detected at 25 participant …

Subjects: Economy, Financial System, Government Documents

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