Category «Financial System»

New GAO Report – Retirement Security

Challenges for Those Claiming Social Security Benefits Early and New Health Coverage Options, GAO-14-311: Published: Apr 23, 2014. Publicly Released: May 27, 2014: “Several work-related factors may cause people to claim Social Security benefits early and suggest they may face challenges in continuing to work at older ages. For example, those who worked in physically-demanding blue collar …

Subjects: Economy, Financial System, Government Documents

Youth Unemployment in South East Europe: Averting a Lost Generation

“Youth unemployment in the South East Europe (SEE) region was over 49% in 2013 and policy makers are working with the World Bank Group to address this enduring problem.” Press Release: South East Europe Climbs Slowly Out of Recession, says World Bank Infographic: SEE6 Unemployment Facts & Figures Full report: Brittle Recovery

Subjects: Economy, Financial System, Government Documents

A New European Competition Policy for Growth Driven by Profitable Investments

Ciriani, Stephane and Lebourges, Marc, A New European Competition Policy for Growth Driven by Profitable Investments. The European Commission’s Policy In Light of the Modern Economic Growth Theories (April 25, 2014). Available at SSRN: http://ssrn.com/abstract=2441662 “Although market dominance is not illegal in the European Union, European Commission’s doctrine regards exercise of market power as economically inefficient. …

Subjects: Economy, Financial System, Government Documents

Shadow Banking: Policy Challenges for Central Banks

Moe, Thorvald Grung, Shadow Banking: Policy Challenges for Central Banks (May 21, 2014). Levy Economics Institute of Bard College Working Paper No. 802. Available at SSRN: http://ssrn.com/abstract=2439886 “Central banks responded with exceptional liquidity support during the financial crisis to prevent a systemic meltdown. They broadened their tool kit and extended liquidity support to nonbanks and key …

Subjects: Economy, Financial System

What Do We Know About the Labor Share and the Profit Share? Part I: Theories

Giovannoni, Olivier G., What Do We Know About the Labor Share and the Profit Share? Part I: Theories (May 21, 2014). Levy Economics Institute at Bard College Working Paper No. 803. Available at SSRN: http://ssrn.com/abstract=2439887 “This series of working papers explores a theme enjoying a tremendous resurgence: the functional distribution of income — the division of …

Subjects: Economy, Financial System, Government Documents

World of Work 2014: Developing with jobs

International Labour Organization – World of Work Report 2014: Developing with jobs: “…Despite these positive trends, employment and social challenges remain acute in most emerging and developing countries. More than half of the developing world’s workers (i.e., nearly 1.5 billion people) are in vulnerable employment. These workers are less likely than wage earners to have …

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

Debt Market Friction, Knowledge Capital Accumulation and Macroeconomic Implications

Wang, Yicheng, Debt Market Friction, Knowledge Capital Accumulation and Macroeconomic Implications (May 17, 2014). Available at SSRN: http://ssrn.com/abstract=2438330 “This paper studies accumulation of firm-specific knowledge capital with the presence of debt market frictions at individual firm level and explores its macroeconomic implications in the aggregate. We propose a new mechanism and a quantitative model to explain …

Subjects: Economy, Financial System, Government Documents, Knowledge Management

Paper – Skills, education, and the rise of earnings inequality among the “other 99 percent”

Science 23 May 2014: Vol. 344 no. 6186 pp. 843-851. DOI: 10.1126/science.1251868. David H. Autor. Skills, education, and the rise of earnings inequality among the “other 99 percent” “The singular focus of public debate on the “top 1 percent” of households overlooks the component of earnings inequality that is arguably most consequential for the “other 99 percent” of citizens: the dramatic growth …

Subjects: Economy, Education, Financial System

Truth in Lending rule now available in easier-to-navigate format – CFPB

“The public, industry, and the government all benefit from regulations that are easier to find, read, and understand. That is why last year we launched our eRegulations tool which combines important information that can often be difficult to navigate or is spread throughout a regulation, often separated by dozens or even hundreds of pages. Ideally, using eRegulations …

Subjects: E-Government, Financial System, Government Documents, Internet, Legal Research, Legislation

Consumer Expenditure Survey – BLS

“The Consumer Expenditure Survey (CE) program consists of two surveys, the Quarterly Interview Survey and the Diary Survey, that provide information on the buying habits of American consumers, including data on their expenditures, income, and consumer unit (families and single consumers) characteristics. The survey data are collected for the Bureau of Labor Statistics by the U.S. Census …

Subjects: Economy, Financial System, Government Documents

National Foundation for Credit Counseling Survey – Financial Weaknesses Among Military Servicemembers

News release: ” In recognition of Military Appreciation Month, a new financial survey of military personnel was released today. Commissioned by the National Foundation for Credit Counseling (NFCC®) and sponsored by Pioneer Services, a division of MidCountry Bank, the survey revealed some troubling financial behaviors among servicemembers. Consider the following survey findings: Seventy-seven percent of servicemembers have …

Subjects: Defense, Economy, Financial System