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Olanike Kareem, Fatima and Kareem, Idowu Olayinka, Specification and Estimation of Gravity Models: A Review of the Issues in the Literature (June 2014). Robert Schuman Centre for Advanced Studies Research Paper No. RSCAS 2014/74. Available for download at SSRN: http://ssrn.com/abstract=2459484 “The gravity model has become an efficient tool in the analysis of international economic relations due …
Robert D. Atkinson and Adams Nager: “The conventional view of the U.S. economy, and of state economies, is as static entities which change principally in size (growing in normal times and contracting during recessions). But in fact, state economies are constantly evolving complex ecosystems. Indeed, U.S. state economies of 2014 are not just larger but …
Penny Crosman: “A friendly rivalry seems to be bubbling up between New York and London over which is the world’s next big financial technology hub. Accenture and the Partnership Fund for New York City, an investment fund that supports New York-based entrepreneurs, released a study Thursday detailing how the city is emerging as a hotbed of …
“The Federal Reserve Board today announced the availability of data that can be used to evaluate the individual systemic footprint of 33 large U.S. bank holding companies. The data will help to ensure comparability when evaluating the systemic risk profile of each banking organization. The data cover five categories often used when considering the potential systemic …
CONFLICT MINERALS: Stakeholder Options for Responsible Sourcing Are Expanding, but More Information on Smelters Is Needed, GAO-14-575: Published: Jun 26, 2014. Publicly Released: Jun 26, 2014. DEFENSE ACQUISITIONS: Review of Private Industry and Department of Defense Open Systems Experiences, GAO-14-617R: Published: Jun 26, 2014. Publicly Released: Jun 26, 2014. DEFENSE HEADQUARTERS: DOD Needs to Reevaluate Its Approach for Managing Resources Devoted to …
“This quarterly survey provides national summary statistics on the revenues, expenditures and composition of assets of the 100 largest state and local public employee retirement systems in the United States. These 100 systems comprise 89.4 percent of financial activity among such entities, based on the 2007 Census of Governments. This survey presents the most current …
CRS – High-Frequency Trading: Background, Concerns, and Regulatory Developments. Gary Shorter, Specialist in Financial Economics; Rena S. Miller, Specialist in Financial Economics. June 19, 2014. “On May 6, 2010, the Dow Jones Industrial Average (DJIA), a broad stock index, fell by nearly 1,000 points over the course of several minutes and then quickly rebounded. This was one of the largest intraday …
Brookings Center on Education Policy – Beth Akers and Matthew M. Chingos, June 2014 “College tuition and student debt levels have been increasing at a fast pace for at least two decades. These well-documented trends, coupled with an economy weakened by a major recession, have raised serious questions about whether the market for student debt is …
AVIATION SAFETY: Additional Oversight Planning by FAA Could Enhance Safety Risk Management, GAO-14-516: Published: Jun 25, 2014. Publicly Released: Jun 25, 2014. EXPORT-IMPORT BANK: Status of GAO Recommendations on Risk Management, Exposure Forecasting, and Workload Issues, GAO-14-708T: Published: Jun 25, 2014. Publicly Released: Jun 25, 2014. INFORMATION SECURITY: Additional Oversight Needed to Improve Programs at Small Agencies, GAO-14-344: Published: Jun 25, 2014. Publicly Released: …
“The Basel Committee on Banking Supervision has today published for consultation a Review of the Pillar 3 disclosure requirements. The Committee has long recognised the importance of effective disclosure to enhance market discipline and thereby promote a safe and sound banking system. However, the existing Basel framework Pillar 3 disclosure requirements, in particular those related to risk-weighted assets (RWA), …
COMBATING TERRORISM: U.S. Efforts in Northwest Africa Would Be Strengthened by Enhanced Program Management, GAO-14-518: Published: Jun 24, 2014. Publicly Released: Jun 24, 2014. EXPLOSIVES DETECTION CANINES: TSA Has Taken Steps to Analyze Canine Team Data and Assess the Effectiveness of Passenger Screening Canines, GAO-14-695T: Published: Jun 24, 2014. Publicly Released: Jun 24, 2014. PREPOSITIONED STOCKS: DOD’s Strategic Policy and Implementation …
“Millions of people live in poverty in this country. They suffer not only material deprivation, but also the hardships and diminished life prospects that come with being poor. Childhood poverty often means growing up without the advantages of a stable home, high-quality schools, or consistent nutrition. Adults in poverty are often hampered by inadequate skills …
