Category «Financial System»

New GAO Reports – Defense Inventory, Controls Over Processes for Consolidated Financial Statements

DEFENSE INVENTORY: Actions Needed to Improve the Defense Logistics Agency’s Inventory Management, GAO-14-495: Published: Jun 19, 2014. Publicly Released: Jun 19, 2014: “The Defense Logistics Agency (DLA) developed and met goals for reducing on-hand inventory and on-order excess inventory (i.e., already purchased items that may be excess due to subsequent changes in the services’ requirements) and has made …

Subjects: Defense, Economy, Financial System, Government Documents

Federal Reserve issues FOMC statement

News release, july 18, 2014 – “Information received since the Federal Open Market Committee met in April indicates that growth in economic activity has rebounded in recent months. Labor market indicators generally showed further improvement. The unemployment rate, though lower, remains elevated. Household spending appears to be rising moderately and business fixed investment resumed its …

Subjects: Economy, Financial System, Government Documents

New Insights on Childhood Poverty in Virginia

Demographics Research Group, University of Virginia news release – “Child poverty in Virginia is of concern, not only for its current effects, but also for its future consequences. Today’s poor children are likely to have lower educational attainment, lower projected lifetimes earnings, and generally poorer health outcomes as adults—negative outcomes affecting not only these individuals, …

Subjects: Economy, Financial System, Government Documents

Measuring Internet congestion: A preliminary report

Via MIT Information Policy Project – Internet scientist David Clark – “The goal of the research described here is to determine the location and extent of congestion in the core of the Internet. In particular, as a first focus, we are interested in whether the interconnections among ISPs, both customer-provider (transit) and ISP-ISP (peering) links, are subject …

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

OECD Factbook 2014

OECD (2014), OECD Factbook 2014: Economic, Environmental and Social Statistics, OECD Publishing. doi: 10.1787/factbook-2014-en “OECD’s dynamic and comprehensive statistical annual showing a wide range of key statistics for its member countries and major additional countries. For each indicator presented, there is explanatory text including a definition, explanation of long-term trends, and references; a table showing the indicator over a …

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

The Oxford Handbook on Financial Regulation – draft chapter

Ferrarini, Guido A. and Saguato, Paolo, Regulating Financial Market Infrastructures (June 1, 2014). Forthcoming draft chapter, The Oxford Handbook on Financial Regulation, edited by Eilís Ferran, Niamh Moloney, and Jennifer Payne, (Oxford University Press).; European Corporate Governance Institute (ECGI) – Law Working Paper No. 259/2014. Available for download at SSRN: http://ssrn.com/abstract=2450095 “This paper focuses on the …

Subjects: Economy, Financial System, Government Documents

Impact of Fed Tapering Announcements on Emerging Markets

IMF Working Paper. Prachi Mishra ; Kenji Moriyama; Papa M’B. P. N’Diaye; Lam Nguyen. June 17, 2017. “This paper analyzes market reactions to the 2013–14 Fed announcements relating to tapering of asset purchases and their relationship to macroeconomic fundamentals and country economic and financial structures. The study uses daily data on exchange rates, government bond …

Subjects: Economy, Financial System, Government Documents

A Simple and Reliable Way to Compute Option-Based Risk-Neutral Distributions

Allan M. Malz: “This paper describes a method for computing risk-neutral density functions based on the option-implied volatility smile. Its aim is to reduce complexity and provide cookbook-style guidance through the estimation process. The technique is robust and avoids violations of option no-arbitrage restrictions that can lead to negative probabilities and other implausible results. I give …

Subjects: Economy, Financial System, Government Documents

New GAO Reports – Combatting Terrorism, Recovery Act, Sequestration

COMBATING TERRORISM: State Department Can Improve Management of East Africa Program, GAO-14-502: Published: Jun 17, 2014. Publicly Released: Jun 17, 2014. RECOVERY ACT: USDA Should Include Broadband Program’s Impact in Annual Performance Reports, GAO-14-511: Published: Jun 17, 2014. Publicly Released: Jun 17, 2014. SEQUESTRATION: Comprehensive and Updated Cost Savings Would Better Inform DOD Decision Makers If Future Civilian Furloughs Occur, GAO-14-529: Published: Jun 17, …

Subjects: Congress, Defense, Economy, Financial System

The Highway Trust Fund and the Treatment of Surface Transportation Programs in the Federal Budget

June 2014 – CBO Report – “The federal government spends more than $50 billion per year on surface transportation programs, mostly in the form of grants to state and local governments. Much of this spending is for highways and mass transit programs financed through the Highway Trust Fund. Those programs have an unusual treatment in …

Subjects: Congress, Economy, Financial System, Government Documents, Transportation

Regulatory Consistency Assessment Programme Assessment of Basel III regulations

“The Basel Committee on Banking Supervision has today published a report assessing Canada’s implementation of the Basel capital framework. Overall, Canada’s implementation was found to be “compliant” with the standards prescribed under the Basel framework. Thirteen of the 14 components assessed were graded as “compliant”, while one component – the definition of capital – was assessed as being …

Subjects: Economy, Financial System, Government Documents

Emerging Markets Face Tough Climb Back to Past Growth Levels

IMF – “As the global environment turns less supportive and productivity gains of the last decade fade, growth in emerging markets will have to come from new engines, supported by a new wave of structural reforms, a new IMF study says. Emerging Markets in Transition: Growth Prospects and Challenges sheds light on the factors behind last decade’s …

Subjects: Economy, Financial System, Government Documents

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