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HBR Blog: “The American workforce is now 34% freelancer, according to a new study commissioned by the Freelancers Union and the recently-merged Elance-oDesk. Well, sort of: 14.3 million of the 53 million freelancers counted in the survey are “moonlighters” (people with full-time jobs doing independent work in their spare time). Another 5.5 million are temp workers. Here’s the full …
News release: “Of the 16.6 million people who lived in a different county one year before, 7.3 million were employed and 1.3 million were unemployed, according to new migration statistics released today by the U.S. Census Bureau. A little over 5 percent of the U.S. population lived in a different county one year earlier. The County-to-County Migration …
Working Papers – September 2014: Cross-Border Banking and Global Liquidity The international monetary and financial system: a capital account historical perspective The international monetary and financial system: its Achilles heel and what to do about it
“The Joint Forum has today released its report on supervisory colleges for financial conglomerates. The report, the result of a recent self-assessment survey of Joint Forum members, presents findings on how far cross-sectoral issues, and specific questions related to financial conglomerates, are effectively addressed within supervisory colleges. This stocktaking exercise also provides information on the implementation of the …
Forecast Rationality Tests in the Presence of Instabilities, With Applications to Federal Reserve and Survey Forecasts. Barbara Rossi and Tatevik Sekhposyany. June 8, 2014. Centre de Recerca en Economia Internacional. “This paper proposes a framework to implement regression-based tests of predictive ability in unstable environments, including, in particular, forecast unbiasedness and efficiency tests, commonly referred to as tests of forecast rationality. Our …
Summary of Commentary on Current Economic Conditions by Federal Reserve District – Prepared at the Federal Reserve Bank of Philadelphia and based on information collected on or before August 22, 2014. This document summarizes comments received from businesses and other contacts outside the Federal Reserve and is not a commentary on the views of Federal Reserve …
HUMAN CAPITAL: OPM Needs to Improve the Design, Management, and Oversight of the Federal Classification System, GAO-14-677: Published: Jul 31, 2014. Publicly Released: Sep 2, 2014.”GAO’s analysis of subject matter specialists’ comments, related literature, and interviews with Office of Personnel Management (OPM) officials identified a number of important characteristics for a modern, effective classification system, which GAO consolidated …
Jaison R. Abel and Richard Deitz: “Not so long ago, people rarely questioned the value of a college degree. A bachelor’s degree was seen as a surefire ticket to a career-oriented, good-paying job. Today, however, many people are uncertain whether going to college is such a wise decision. It’s easy to see why. Tuition costs …
Stimulus and Fiscal Consolidation: The Evidence and Implications, Dean Baker and David Rosnick. Center for Economic and Policy Research, July 2014. “This analysis looks at the evidence on the effects of stimulus packages and fiscal consolidation during a severe economic slump, as the recent economic crisis. The first part deals with the most important literature on …
News release: “Integrating digital payments into the economies of emerging and developing nations addresses crucial issues of broad economic growth and individual financial empowerment, according to a new report by the World Bank Development Research Group. The report, The Opportunities of Digitizing Payments, examines, for the first time, growing evidence from around the world about how …
News release: “Throughout the world, companies are finding that data breaches have become as common as a cold but far more expensive to treat. With the exception of Germany, companies had to spend more on their investigations, notification and response when their sensitive and confidential information was lost or stolen. As revealed in the 2014 …
News release and tables, BEA: “Real gross domestic product (GDP) increased 4.2 percent in the second quarter of 2014, according to the “second” estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP decreased 2.1 percent. The second-quarter growth rate was revised up 0.2 percentage point from the “advance” estimate released …
